Chris Hohn TCI Fund Management
Sir Chris Hohn is the founder of TCI Fund Management, a London-based firm known for concentrated, long-term equity portfolios and occasional activism. TCI’s process emphasizes high-quality businesses with durable competitive advantages, often held for years. Hohn is also known for philanthropy through the Children’s Investment Fund Foundation, which supports health, education, and climate initiatives.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$2.49B |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$2.1B |
| 3 |
Comcast
CMCSA
|
+$565M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$3.3B |
| 2 |
Baidu
BIDU
|
+$228M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 61.9% |
| 2 | Energy | 36.41% |
| 3 | Utilities | 1.12% |
| 4 | Financials | 0.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
YHOO
1
DELISTED
Yahoo Inc
YHOO
| $2.67B | 36.41% |
71,206,573
+56,802,588
| +394% | +$2.1B |
|
|
2
Charter Communications
CHTR
$18.4B
| $2.65B | 36.08% |
+11,592,824
| New | +$2.49B |
|
|
3
Comcast
CMCSA
$92.9B
| $1.9B | 25.82% |
58,184,214
+18,189,294
| +45% | +$565M |
|
|
AY
4
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $82.2M | 1.12% |
4,422,584
| – | – |
|
|
OSG
5
Octave Specialty Group
OSG
$221M
| $32.7M | 0.44% |
1,985,785
| – | – |
|
6
Moody's
MCO
$84B
| $9.58M | 0.13% |
102,239
| – | – |
|
|
7
Baidu
BIDU
$35.2B
| – | – |
-1,194,094
| Closed | -$228M |
|
|
TWC
8
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| – | – |
-16,126,180
| Closed | -$3.3B |
|
Similar funds
Chris Hohn's Q2 2016 Portfolio in Review
As of Q2 2016, Chris Hohn held 8 positions worth $7.35B, up 36% from $5.4B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Chris Hohn deployed $1.62B of net new capital in Q2 2016, opening 1 new position and adding to 2 existing holdings. Its largest new stake was Charter Communications: 11,592,824 shares worth $2.65B.
By sector, the portfolio is most concentrated in Communication Services at 62% of assets, down from 88% a quarter earlier, followed by Energy and Utilities.
On the sell side, the most notable exit was TIME WARNER CABLE INC NEW COM STK, an estimated $3.3B sold.
- Chris Hohn's largest Q2 2016 buy was Charter Communications: 11,592,824 shares worth $2.65B.
- Chris Hohn added most to Yahoo Inc in Q2 2016, an estimated $2.1B increase.
- Chris Hohn fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $3.3B.
- Chris Hohn's ten largest holdings make up 100% of its $7.35B portfolio in Q2 2016.
- Chris Hohn opened 1 new position and closed 2 in Q2 2016.
- Chris Hohn's portfolio value rose 36% quarter-over-quarter to $7.35B.
Based on TCI Fund Management's 13F filing for Q2 2016, filed 15 Aug 2016.