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 |
S&P Global
SPGI
|
+$1.25B |
| 2 |
Moody's
MCO
|
+$243M |
| 3 |
Microsoft
MSFT
|
+$175M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$4.51B |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$1.58B |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$1.02B |
| 4 |
Visa
V
|
+$686M |
| 5 |
Alexandria Real Estate Equities
ARE
|
+$233M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 29.77% |
| 2 | Financials | 26.27% |
| 3 | Communication Services | 25.42% |
| 4 | Technology | 14.45% |
| 5 | Real Estate | 4.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Alphabet (Google) Class C
GOOG
$4.2T
| $6.62B | 17.97% |
47,406,800
-11,639,340
| -20% | -$1.58B |
|
|
2
Microsoft
MSFT
$3.68T
| $5.32B | 14.45% |
17,264,766
+581,722
| +3% | +$175M |
|
3
Canadian National Railway
CNI
$76.7B
| $4.92B | 13.36% |
36,699,825
| – | – |
|
4
Canadian Pacific Kansas City
CP
$82.2B
| $4.61B | 12.51% |
55,860,385
| – | – |
|
|
5
Visa
V
$680B
| $4.42B | 11.99% |
19,924,121
-3,170,301
| -14% | -$686M |
|
|
6
S&P Global
SPGI
$123B
| $2.8B | 7.6% |
6,823,072
+3,075,788
| +82% | +$1.25B |
|
|
7
Moody's
MCO
$84B
| $2.46B | 6.67% |
7,285,832
+723,042
| +11% | +$243M |
|
|
8
Alphabet (Google) Class A
GOOGL
$4.23T
| $1.59B | 4.33% |
11,460,420
-900,000
| -7% | -$122M |
|
9
Boston Properties
BXP
$10.9B
| $1.51B | 4.09% |
11,711,196
-747,655
| -6% | -$90.6M |
|
10
Union Pacific
UNP
$174B
| $1.43B | 3.9% |
5,252,148
-893,767
| -15% | -$226M |
|
|
11
Charter Communications
CHTR
$18.4B
| $1.15B | 3.13% |
2,111,453
-7,689,152
| -78% | -$4.51B |
|
|
12
Alexandria Real Estate Equities
ARE
$8.28B
| – | – |
-1,044,359
| Closed | -$233M |
|
|
INFO
13
DELISTED
IHS Markit Ltd. Common Shares
INFO
| – | – |
-7,660,706
| Closed | -$1.02B |
|
Similar funds
Chris Hohn's Q1 2022 Portfolio in Review
As of Q1 2022, Chris Hohn held 13 positions worth $36.8B, down 17% from $44.4B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Chris Hohn withdrew a net $6.8B in Q1 2022, closing 2 positions and reducing 6 holdings. Its most notable exit was IHS Markit Ltd. Common Shares, an estimated $1.02B position sold in full.
By sector, the portfolio is most concentrated in Industrials at 30% of assets, up from 23% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Chris Hohn added an estimated $1.25B to S&P Global.
- Chris Hohn added most to S&P Global in Q1 2022, an estimated $1.25B increase.
- Chris Hohn's biggest Q1 2022 reduction was Charter Communications, cutting an estimated $4.51B.
- Chris Hohn fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $1.02B.
- Chris Hohn's ten largest holdings make up 97% of its $36.8B portfolio in Q1 2022.
- Chris Hohn opened 0 new positions and closed 2 in Q1 2022.
- Chris Hohn's portfolio value fell 17% quarter-over-quarter to $36.8B.
Based on TCI Fund Management's 13F filing for Q1 2022, filed 16 May 2022.