TCI FUND MANAGEMENT LTD
CIK 1647251 · View on SEC EDGAR ↗
- Portfolio value
- $52.8B
- Positions
- 11
- As of
- June 30, 2026
Portfolio value QoQ: +16.8% 13F does not disclose cash
- Top 10 holdings weight
- 98.63%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 11
- Effective number of positions
- 5.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.44% Est. buys $1,905,241,574 · sells $1,193,956,727
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 91.7% still held
- New positions
- 2
- Increased
- 4
- Decreased
- 3
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +18.0% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 11 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GE GE Aerospace Common Stock | $17,725,353,519 | 33.59% | 47,428,233 | $4,243,318,514 | Down ×1 | ||
| V Visa Inc. | $10,462,232,091 | 19.83% | 30,494,133 | $1,253,543,573 | Up ×2 | ||
| MCO Moody's Corporation Common Stock | $6,492,167,509 | 12.30% | 14,334,027 | $238,948,230 | |||
| SPGI S&P Global Inc. Common Stock | $5,735,017,808 | 10.87% | 14,081,957 | $-234,760,947 | Up ×5 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $3,925,911,608 | 7.44% | 45,325,726 | $266,273,701 | Down ×5 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $3,511,682,917 | 6.65% | 9,938,819 | $971,819,027 | Up ×2 | ||
| FER Ferrovial SE - Ordinary Shares | $1,434,611,939 | 2.72% | 20,940,441 | $106,683,940 | Up ×1 | ||
| CNI Canadian National Railway Company Common Stock | $1,124,534,915 | 2.13% | 9,433,422 | $111,326,660 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $878,058,090 | 1.66% | 2,457,000 | $171,523,170 | |||
| MLM Martin Marietta Materials, Inc. Common Stock | $758,423,360 | 1.44% | 1,315,109 | Up ×1 | |||
| VMC Vulcan Materials Company (Holding Company) Common Stock | $721,890,650 | 1.37% | 2,447,004 | Up ×1 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SPGI | $5,735,017,808 | 10.87% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.