Chris Hohn

TCI Fund Management·activist·Concentrated / activist

Accredited only

~18% since 2004

Portfolio value

$45.2B

Positions

Top 5 concentration

85%

New buys this quarter

Quarterly activity

What Chris Hohn bought and sold each quarter.

Mar 2026vs Dec 2025

Bought (5)

$GOOGLNew buy1.6%$VAdded+9.9%$MCOAdded+7.7%$SPGIAdded+19%$GOOGAdded+16.5%

Sold (1)

$MSFTTrimmed-83.7%

Dec 2025vs Sep 2025

Bought (2)

$SPGIAdded+5.4%$FERAdded+6.5%

Sold (1)

$CNITrimmed-47.5%

Sep 2025vs Jun 2025

Bought (1)

$VAdded+47.1%

Sold (5)

$GOOGLSold out$GOOGTrimmed-41.4%$CNITrimmed-18.4%$CPTrimmed-5.6%$MSFTTrimmed-5.5%

Jun 2025vs Mar 2025

Bought (2)

$VAdded+14.6%$SPGIAdded+7%

Sold (3)

$GOOGLTrimmed-22.8%$CNITrimmed-14.5%$GOOGTrimmed-6.4%

Mar 2025vs Dec 2024

Bought (1)

$MSFTAdded+23.6%

Sold (3)

$GOOGLTrimmed-32.2%$GOOGTrimmed-16.1%$CNITrimmed-9.4%

Dec 2024vs Sep 2024

Bought (1)

$MSFTAdded+16.7%

Sold (1)

$CNITrimmed-16.2%

Sep 2024vs Jun 2024

Bought (1)

$MSFTAdded+13.9%

Sold (1)

$CNITrimmed-10.3%

Jun 2024vs Mar 2024

Bought (4)

$FERNew buy1.8%$MCOAdded+8.6%$SPGIAdded+15.1%$GOOGLAdded+397.9%

Sold (1)

$TMOSold out

Quarter-over-quarter change in disclosed positions.

Holdings

Stock	Move	% of portfolio	Reported px	Now	Since report
$GE GE AEROSPACE	Held	29.8%	$283.77	$359.04	+26.5%
$V VISA INC	Added	20.4%	$302.24	$348.20	+15.2%
$MCO MOODYS CORP	Added	13.8%	$436.25	$487.02	+11.6%
$SPGI S&P GLOBAL INC	Added	13.2%	$425.34	$432.96	+1.8%
$CP CANADIAN PACIFIC KANSAS CITY	Held	8.1%	$78.66	$90.33	+14.8%
$GOOG ALPHABET INC	Added	5.6%	$286.86	$356.24	+24.2%
$FER FERROVIAL SE	Held	2.9%	$64.03	$64.56	+0.8%
$CNI CANADIAN NATL RY CO	Held	2.2%	$102.86	$124.34	+20.9%
$MSFT MICROSOFT CORP	Trimmed	2.2%	$370.17	$384.36	+3.8%
$GOOGL ALPHABET INC	New buy	1.6%	$287.56	$358.89	+24.8%

Source: SEC 13F via FMP · Mar 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.