TCI Fund Management Ltd 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
TCI Fund Management Ltd disclosed 10 US equity positions worth $50.7bn in its Q2 2025 13F filing. The largest position was GE at 24.1% of the reported book, followed by MSFT and V. Against the Q1 2025 filing, it opened 0 new positions, added to 5 and reduced 4 among the top 10 holdings.
What did TCI Fund Management Ltd own in Q2 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GE GE AEROSPACE | Industrials | 24.1% | $12.2bn | 47,510,431 | -0% | held |
| 2 | MSFT MICROSOFT CORP | Technology | 17.2% | $8.7bn | 17,565,231 | 2% | added |
| 3 | V VISA INC | Financial Services | 13.4% | $6.8bn | 19,067,558 | 15% | added |
| 4 | MCO MOODYS CORP | Financial Services | 13.1% | $6.6bn | 13,246,979 | 1% | added |
| 5 | SPGI S&P GLOBAL INC | Financial Services | 11.5% | $5.8bn | 11,091,623 | 7% | added |
| 6 | CP CANADIAN PACIFIC KANSAS CITY | Industrials | 8.3% | $4.2bn | 52,826,885 | -4% | reduced |
| 7 | CNI CANADIAN NATL RY CO | Industrials | 4.7% | $2.4bn | 22,989,066 | -15% | reduced |
| 8 | GOOG ALPHABET INC | Communication Services | 4.5% | $2.3bn | 12,966,235 | -6% | reduced |
| 9 | FERROVIAL SE | 2.0% | $1.0bn | 19,470,666 | 1% | added | |
| 10 | GOOGL ALPHABET INC | Communication Services | 1.1% | $556.0m | 3,155,110 | -23% | 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.