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 A
GOOGL
|
+$812M |
| 2 |
Ferrovial N.V. Ordinary Shares
FER
|
+$760M |
| 3 |
S&P Global
SPGI
|
+$587M |
| 4 |
Moody's
MCO
|
+$417M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$1.67B |
| 2 |
Thermo Fisher Scientific
TMO
|
+$882M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 42.5% |
| 2 | Financials | 35.73% |
| 3 | Technology | 11.5% |
| 4 | Communication Services | 10.27% |
| 5 | Healthcare | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
GE Aerospace
GE
$382B
| $7.66B | 18.72% |
48,180,376
-10,471,570
| -18% | -$1.67B |
|
|
2
Moody's
MCO
$84B
| $5.58B | 13.63% |
13,246,769
+1,047,858
| +9% | +$417M |
|
3
Microsoft
MSFT
$3.68T
| $4.71B | 11.5% |
10,531,890
| – | – |
|
4
Canadian National Railway
CNI
$76.7B
| $4.67B | 11.4% |
39,488,385
| – | – |
|
|
5
S&P Global
SPGI
$123B
| $4.64B | 11.33% |
10,400,077
+1,367,466
| +15% | +$587M |
|
6
Visa
V
$680B
| $4.41B | 10.77% |
16,797,187
| – | – |
|
7
Canadian Pacific Kansas City
CP
$82.2B
| $4.32B | 10.57% |
54,913,285
| – | – |
|
|
8
Alphabet (Google) Class C
GOOG
$4.2T
| $3.1B | 7.59% |
16,927,056
| – | – |
|
|
9
Alphabet (Google) Class A
GOOGL
$4.23T
| $1.1B | 2.68% |
6,027,410
+4,816,819
| +398% | +$812M |
|
|
10
Ferrovial N.V. Ordinary Shares
FER
$46.2B
| $742M | 1.81% |
+19,279,592
| New | +$760M |
|
|
11
Thermo Fisher Scientific
TMO
$218B
| – | – |
-1,517,639
| Closed | -$882M |
|
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Chris Hohn's Q2 2024 Portfolio in Review
As of Q2 2024, Chris Hohn held 11 positions worth $40.9B, up 3.2% from $39.7B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Chris Hohn's Q2 2024 filing shows 1 new, 3 increased, 1 reduced and 1 closed positions. Its largest new stake was Ferrovial N.V. Ordinary Shares: 19,279,592 shares worth $742M. The largest sale was GE Aerospace, an estimated $1.67B.
By sector, the portfolio is most concentrated in Industrials at 42% of assets, down from 46% a quarter earlier, followed by Financials and Technology.
- Chris Hohn's largest Q2 2024 buy was Ferrovial N.V. Ordinary Shares: 19,279,592 shares worth $742M.
- Chris Hohn added most to Alphabet (Google) Class A in Q2 2024, an estimated $812M increase.
- Chris Hohn's biggest Q2 2024 reduction was GE Aerospace, cutting an estimated $1.67B.
- Chris Hohn fully exited Thermo Fisher Scientific in Q2 2024, selling an estimated $882M.
- Chris Hohn's ten largest holdings make up 100% of its $40.9B portfolio in Q2 2024.
- Chris Hohn opened 1 new position and closed 1 in Q2 2024.
- Chris Hohn's portfolio value rose 3.2% quarter-over-quarter to $40.9B.
Based on TCI Fund Management's 13F filing for Q2 2024, filed 14 Aug 2024.