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 |
Alphabet (Google) Class C
GOOG
|
+$326M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$66.6M |
| 3 |
Microsoft
MSFT
|
+$65.7M |
| 4 |
Union Pacific
UNP
|
+$62.4M |
| 5 |
Visa
V
|
+$2.58M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boston Properties
BXP
|
+$454M |
| 2 |
Applied Materials
AMAT
|
+$173M |
| 3 |
KLA
KLAC
|
+$49.6M |
| 4 |
Lam Research
LRCX
|
+$38.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 30.67% |
| 2 | Financials | 28.78% |
| 3 | Communication Services | 22.98% |
| 4 | Technology | 16.2% |
| 5 | Real Estate | 1.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Alphabet (Google) Class C
GOOG
$4.2T
| $5.04B | 17.64% |
52,430,790
+2,915,050
| +6% | +$326M |
|
|
2
Microsoft
MSFT
$3.68T
| $4.63B | 16.2% |
19,877,677
+248,642
| +1% | +$65.7M |
|
3
Canadian National Railway
CNI
$76.7B
| $3.96B | 13.86% |
36,699,825
| – | – |
|
4
Canadian Pacific Kansas City
CP
$82.2B
| $3.73B | 13.04% |
55,860,385
| – | – |
|
|
5
Visa
V
$680B
| $3.54B | 12.39% |
19,936,821
+12,700
| +0.1% | +$2.58M |
|
6
S&P Global
SPGI
$123B
| $2.68B | 9.37% |
8,768,321
| – | – |
|
7
Moody's
MCO
$84B
| $2B | 7.02% |
8,246,207
| – | – |
|
|
8
Alphabet (Google) Class A
GOOGL
$4.23T
| $1.53B | 5.34% |
15,961,420
+601,000
| +4% | +$66.6M |
|
|
9
Union Pacific
UNP
$174B
| $1.08B | 3.77% |
5,534,098
+281,950
| +5% | +$62.4M |
|
|
10
Boston Properties
BXP
$10.9B
| $391M | 1.37% |
5,220,997
-5,343,499
| -51% | -$454M |
|
|
11
Applied Materials
AMAT
$403B
| – | – |
-1,897,488
| Closed | -$173M |
|
|
12
KLA
KLAC
$266B
| – | – |
-1,554,410
| Closed | -$49.6M |
|
|
13
Lam Research
LRCX
$416B
| – | – |
-895,450
| Closed | -$38.2M |
|
Similar funds
Chris Hohn's Q3 2022 Portfolio in Review
As of Q3 2022, Chris Hohn held 13 positions worth $28.6B, down 9.6% from $31.6B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Chris Hohn's Q3 2022 filing shows 5 increased, 1 reduced and 3 closed positions. The largest sale was Boston Properties, an estimated $454M.
By sector, the portfolio is most concentrated in Industrials at 31% of assets, up from 29% a quarter earlier, followed by Financials and Communication Services.
- Chris Hohn added most to Alphabet (Google) Class C in Q3 2022, an estimated $326M increase.
- Chris Hohn's biggest Q3 2022 reduction was Boston Properties, cutting an estimated $454M.
- Chris Hohn fully exited Applied Materials in Q3 2022, selling an estimated $173M.
- Chris Hohn's ten largest holdings make up 100% of its $28.6B portfolio in Q3 2022.
- Chris Hohn opened 0 new positions and closed 3 in Q3 2022.
- Chris Hohn's portfolio value fell 9.6% quarter-over-quarter to $28.6B.
Based on TCI Fund Management's 13F filing for Q3 2022, filed 14 Nov 2022.