TCI Fund Management Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
TCI Fund Management Ltd disclosed 10 US equity positions worth $43.4bn in its Q1 2025 13F filing. The largest position was GE at 22.0% of the reported book, followed by MSFT and MCO. Against the Q4 2024 filing, it opened 0 new positions, added to 2 and reduced 5 among the top 10 holdings.
What did TCI Fund Management Ltd own in Q1 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | GE GE AEROSPACE | Industrials | 22.0% | $9.5bn | 47,570,947 | 3% | added |
| 2 | MSFT MICROSOFT CORP | Technology | 15.0% | $6.5bn | 17,299,881 | 24% | added |
| 3 | MCO MOODYS CORP | Financial Services | 14.1% | $6.1bn | 13,163,107 | -1% | reduced |
| 4 | V VISA INC | Financial Services | 13.4% | $5.8bn | 16,637,562 | -1% | reduced |
| 5 | SPGI S&P GLOBAL INC | Financial Services | 12.1% | $5.3bn | 10,361,269 | -0% | held |
| 6 | CP CANADIAN PACIFIC KANSAS CITY | Industrials | 8.9% | $3.9bn | 54,913,285 | 0% | held |
| 7 | CNI CANADIAN NATL RY CO | Industrials | 6.0% | $2.6bn | 26,899,078 | -9% | reduced |
| 8 | GOOG ALPHABET INC | Communication Services | 5.0% | $2.2bn | 13,855,735 | -16% | reduced |
| 9 | FERROVIAL SE | 2.0% | $861.1m | 19,333,428 | 0% | held | |
| 10 | GOOGL ALPHABET INC | Communication Services | 1.5% | $631.7m | 4,085,110 | -32% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.