WhaleCreep

TCI Fund Management Ltd 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-14

TCI Fund Management Ltd disclosed 13 US equity positions worth $44.4bn in its Q4 2021 13F filing. Its largest position is GOOG at 19.2% of the reported book, followed by CHTR and MSFT. Versus Q3 2021 it opened 0 new positions, added to 3, reduced 3 and exited 0.

$44.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
13
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.2%
Largest position
The largest single position as a share of the reported equity book.
94.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
45
Quarters on file since Q2 2015
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2021: 0 new, 3 added, 3 reduced, 0 exited

13 rows
GOOG ALPHABET INCCommunication Services19.2%$8.5bn2.95m0.0%held
CHTR CHARTER COMMUNICATIONS INCCommunication Services14.4%$6.4bn9.80m−5.4%reduced
MSFT MICROSOFT CORPTechnology12.6%$5.6bn16.68m0.0%held
V VISA INCFinancial Services11.3%$5.0bn23.09m+16%added
CNI CANADIAN NATL RY COIndustrials10.2%$4.5bn36.70m0.0%held
CANADIAN PAC RY LTD no ticker–9.0%$4.0bn55.86m0.0%held
MCO MOODYS CORPFinancial Services5.8%$2.6bn6.56m0.0%held
GOOGL ALPHABET INCCommunication Services4.0%$1.8bn618,0210.0%held
SPGI S&P GLOBAL INCFinancial Services4.0%$1.8bn3.75m−22%reduced
UNP UNION PACIFIC CORPIndustrials3.5%$1.5bn6.15m+7.4%added
BXP BXP INCReal Estate3.2%$1.4bn12.46m−4.1%reduced
IHS MARKIT LTD no ticker–2.3%$1.0bn7.66m+100%added
ARE ALEXANDRIA REAL ESTATE EQ INReal Estate0.5%$233m1.04m0.0%held

Sector mix

  • Communication Services37.6%
  • Financial Services21.0%
  • Industrials13.6%
  • Technology12.6%
  • Unclassified11.3%
  • Real Estate3.8%

Book over time

Every quarter on file (45)
QuarterPositionsEquity book
Q2 202611$52.8bn
Q1 202610$45.2bn
Q4 20259$53.6bn
Q3 20259$52.7bn
Q2 202510$50.7bn
Q1 202510$43.4bn
Q4 202410$42.4bn
Q3 202410$44.0bn
Q2 202410$40.9bn
Q1 202410$39.7bn
Q4 202311$36.0bn
Q3 20239$27.6bn
Q2 202310$33.7bn
Q1 20239$29.2bn
Q4 202210$29.9bn
Q3 202210$28.6bn
Q2 202213$31.6bn
Q1 202211$36.8bn
Q4 202113$44.4bn
Q3 202113$41.6bn
Q2 202113$40.1bn
Q1 202113$34.4bn
Q4 202013$30.5bn
Q3 202013$27.9bn
Q2 202018$25.2bn
Q1 202018$21.1bn
Q4 201917$22.6bn
Q3 201915$19.3bn
Q2 201913$18.5bn
Q1 201913$15.3bn
Q4 201812$20.0bn
Q3 201814$19.1bn
Q2 201812$21.3bn
Q1 201815$18.0bn
Q4 201715$16.1bn
Q3 201711$14.5bn
Q2 20179$13.3bn
Q1 20177$11.7bn
Q4 20165$9.5bn
Q3 20166$9.0bn
Q2 20166$7.3bn
Q1 20167$5.4bn
Q4 20157$5.0bn
Q3 20156$5.1bn
Q2 20155$4.3bn

Where TCI Fund Management Ltd was early

5 rows
CHTR CHARTER COMMUNICATIONS INC NQ2 20164 of 26936.1%38.4%24Exited by Q2 2022+139%
NSC NORFOLK SOUTHERN CORPQ2 201717 of 2050.3%3.5%6Exited by Q4 2018+48%
CNI CANADIAN NATL RY COQ3 20189 of 1150.8%16.1%32Held at last filing, Q2 2026+33%
VNO VORNADO RLTY TRQ2 20208 of 1260.6%1.2%3Exited by Q1 2021−2.3%
CP CANADIAN PACIFIC KANSAS CITYQ2 20233 of 14913.4%15.1%13Held at last filing, Q2 2026+7.3%

Concentration and tenure

22.4%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
100%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters