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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$1.7B |
| 2 |
Charter Communications
CHTR
|
+$858M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$446M |
| 4 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$415M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$408M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$1.7B |
| 2 |
TWX
Time Warner Inc
TWX
|
+$709M |
| 3 |
Comcast
CMCSA
|
+$407M |
| 4 |
MON
Monsanto Co
MON
|
+$55.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 67.22% |
| 2 | Technology | 26.05% |
| 3 | Industrials | 4.95% |
| 4 | Financials | 1.78% |
| 5 | Materials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
TFCFA
1
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $5.69B | 26.75% |
114,502,969
+42,986,879
| +60% | +$1.7B |
2017 Q4
2 quarters
|
|
|
AABA
2
DELISTED
Altaba Inc
AABA
| $4.18B | 19.64% |
57,057,273
-22,716,000
| -28% | -$1.7B |
2017 Q2
4 quarters
|
|
|
3
Charter Communications
CHTR
$12B
| $3.99B | 18.76% |
13,607,841
+2,987,140
| +28% | +$858M |
2016 Q2
8 quarters
|
|
|
4
Alphabet (Google) Class C
GOOG
$3.93T
| $3.09B | 14.55% |
55,453,000
+8,260,160
| +18% | +$446M |
2017 Q3
3 quarters
|
|
5
Microsoft
MSFT
$3.91T
| $1.36B | 6.4% |
13,810,449
| – | – |
2017 Q4
2 quarters
|
|
|
TFCF
6
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $1.09B | 5.14% |
22,189,801
+10,617,156
| +92% | +$415M |
2017 Q4
2 quarters
|
|
7
Alphabet (Google) Class A
GOOGL
$3.97T
| $430M | 2.02% |
7,612,000
| – | – |
2017 Q4
2 quarters
|
|
|
8
Canadian Pacific Kansas City
CP
$80B
| $424M | 1.99% |
11,556,750
+11,080,750
| +2,328% | +$408M |
2018 Q1
1 quarter
|
|
9
Norfolk Southern
NSC
$76.4B
| $381M | 1.79% |
2,528,088
+1,934,588
| +326% | +$283M |
2017 Q2
4 quarters
|
|
10
Moody's
MCO
$82.1B
| $289M | 1.36% |
1,692,623
| – | – |
2015 Q2
12 quarters
|
|
11
Union Pacific
UNP
$178B
| $247M | 1.16% |
1,743,433
+1,671,433
| +2,321% | +$233M |
2017 Q2
4 quarters
|
|
12
S&P Global
SPGI
$130B
| $90.7M | 0.43% |
444,619
| – | – |
2017 Q1
5 quarters
|
|
|
13
Comcast
CMCSA
$76.9B
| – | – |
-11,897,380
| Closed | -$407M | – |
|
|
TWX
14
DELISTED
Time Warner Inc
TWX
| – | – |
-7,496,849
| Closed | -$709M | – |
|
|
MON
15
DELISTED
Monsanto Co
MON
| – | – |
-476,500
| Closed | -$55.6M | – |
|
Similar funds
Chris Hohn's Q2 2018 Portfolio in Review
As of Q2 2018, Chris Hohn held 15 positions worth $21.3B, up 18% from $18B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Chris Hohn deployed $1.47B of net new capital in Q2 2018, adding to 7 existing holdings.
By sector, the portfolio is most concentrated in Communication Services at 67% of assets, up from 57% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Altaba Inc, an estimated $1.7B trimmed.
- Chris Hohn added most to Twenty-First Century Fox, Inc. Class A in Q2 2018, an estimated $1.7B increase.
- Chris Hohn's biggest Q2 2018 reduction was Altaba Inc, cutting an estimated $1.7B.
- Chris Hohn fully exited Time Warner Inc in Q2 2018, selling an estimated $709M.
- Chris Hohn's ten largest holdings make up 98% of its $21.3B portfolio in Q2 2018.
- Chris Hohn opened 0 new positions and closed 3 in Q2 2018.
- Chris Hohn's portfolio value rose 18% quarter-over-quarter to $21.3B.
Based on TCI Fund Management's 13F filing for Q2 2018, filed 14 Aug 2018.