TCI Fund Management Ltd — 13F Holdings & Portfolio
CIK 1647251 · latest 13F-HR filed 2026-05-15
TCI Fund Management Ltd manages $45.17B in 13F-reported U.S. long-equity assets across 10 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are GE (29.85%), V (20.39%), MCO (13.84%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 0, added to 1, and trimmed 4.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$45.17B
Long-equity book
10
Distinct positions
2026-03-31
Filed 2026-05-15
+1 / −0 / ↑1 / ↓4
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Trims
- MICROSOFT CORP-$7.11B -87.6%
- GE AEROSPACE-$1.15B -7.9%
- MOODYS CORP-$545.4M -8.0%
- VISA INC-$514.5M -5.3%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | GE AEROSPACE | GE | 369604301 | $13.48B | 29.85% | 47,510,431 | SH |
| 2 | VISA INC | V | 92826C839 | $9.21B | 20.39% | 30,468,133 | SH |
| 3 | MOODYS CORP | MCO | 615369105 | $6.25B | 13.84% | 14,334,027 | SH |
| 4 | S&P GLOBAL INC | SPGI | 78409V104 | $5.97B | 13.22% | 14,035,310 | SH |
| 5 | CANADIAN PACIFIC KANSAS CITY | CP | 13646K108 | $3.66B | 8.10% | 46,521,923 | SH |
| 6 | ALPHABET INC | GOOG | 02079K107 | $2.54B | 5.62% | 8,854,019 | SH |
| 7 | FERROVIAL SE | FER | N3168P101 | $1.33B | 2.94% | 20,740,214 | SH |
| 8 | CANADIAN NATL RY CO | CNI | 136375102 | $1.01B | 2.24% | 9,849,934 | SH |
| 9 | MICROSOFT CORP | MSFT | 594918104 | $1.01B | 2.24% | 2,728,412 | SH |
| 10 | ALPHABET INC | GOOGL | 02079K305 | $706.5M | 1.56% | 2,457,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $45.17B | 10 | 0001647251-26-000004 |
| 2025-12-31 | 2026-02-17 | $53.65B | 9 | 0001647251-26-000002 |
| 2025-09-30 | 2025-11-14 | $52.70B | 9 | 0001647251-25-000014 |