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
|
+$1.04B |
| 2 |
Visa
V
|
+$882M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$772M |
| 4 |
Moody's
MCO
|
+$485M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$395M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$5.88B |
| 2 |
Canadian Pacific Kansas City
CP
|
+$89.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 47.45% |
| 2 | Industrials | 43.13% |
| 3 | Communication Services | 7.19% |
| 4 | Technology | 2.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
GE Aerospace
GE
$382B
| $13.5B | 29.85% |
47,510,431
| – | – |
|
|
2
Visa
V
$680B
| $9.21B | 20.39% |
30,468,133
+2,743,900
| +10% | +$882M |
|
|
3
Moody's
MCO
$84B
| $6.25B | 13.84% |
14,334,027
+1,025,548
| +8% | +$485M |
|
|
4
S&P Global
SPGI
$123B
| $5.97B | 13.22% |
14,035,310
+2,245,000
| +19% | +$1.04B |
|
|
5
Canadian Pacific Kansas City
CP
$82.2B
| $3.66B | 8.1% |
46,521,923
-1,132,500
| -2% | -$89.5M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.2T
| $2.54B | 5.62% |
8,854,019
+1,257,200
| +17% | +$395M |
|
7
Ferrovial N.V. Ordinary Shares
FER
$46.2B
| $1.33B | 2.94% |
20,940,443
| – | – |
|
8
Canadian National Railway
CNI
$76.7B
| $1.01B | 2.24% |
9,849,934
| – | – |
|
|
9
Microsoft
MSFT
$3.68T
| $1.01B | 2.24% |
2,728,412
-14,053,541
| -84% | -$5.88B |
|
|
10
Alphabet (Google) Class A
GOOGL
$4.23T
| $707M | 1.56% |
+2,457,000
| New | +$772M |
|
Similar funds
Chris Hohn's Q1 2026 Portfolio in Review
As of Q1 2026, Chris Hohn held 10 positions worth $45.2B, down 16% from $53.6B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Chris Hohn withdrew a net $2.39B in Q1 2026, reducing 2 holdings. Its largest reduction was Microsoft, cutting an estimated $5.88B.
By sector, the portfolio is most concentrated in Financials at 47% of assets, up from 42% a quarter earlier, followed by Industrials and Communication Services.
Against the trend, Chris Hohn opened a new position in Alphabet (Google) Class A worth $707M.
- Chris Hohn's largest Q1 2026 buy was Alphabet (Google) Class A: 2,457,000 shares worth $707M.
- Chris Hohn added most to S&P Global in Q1 2026, an estimated $1.04B increase.
- Chris Hohn's biggest Q1 2026 reduction was Microsoft, cutting an estimated $5.88B.
- Chris Hohn's ten largest holdings make up 100% of its $45.2B portfolio in Q1 2026.
- Chris Hohn opened 1 new position and closed 0 in Q1 2026.
- Chris Hohn's portfolio value fell 16% quarter-over-quarter to $45.2B.
Based on TCI Fund Management's 13F filing for Q1 2026, filed 15 May 2026.