TCI Fund Management portfolio and 13F holdings: the top 10 positions reported for 2026-06-30
The 10 largest positions TCI Fund Management reported on Form 13F-HR for 2026-06-30, each at 0.5% or more of its portfolio and together 98.6% of everything it reported. Share, value and quarter-over-quarter change, straight from SEC EDGAR — no price data goes into the figures above.
Reported positions
Largest share first. Positions below 0.5% of the portfolio, and anything past the 10th, are not listed
| Ticker | Company | % of fund | Value | Change |
|---|---|---|---|---|
| Ge Aerospace Com New | 33.59% | $17.73 bn | held | |
| Visa Inc | 19.83% | $10.46 bn | held | |
| Moodys Corp | 12.30% | $6.49 bn | held | |
| S&P Global Inc | 10.87% | $5.74 bn | held | |
| Canadian Pacific Kansas City | 7.44% | $3.93 bn | held | |
| Alphabet Inc | 6.65% | $3.51 bn | increased | |
| — | Ferrovial Nv | 2.72% | $1.43 bn | held |
| CNI | Canadian Natl Ry Co | 2.13% | $1.12 bn | reduced |
| Alphabet Inc | 1.66% | $878 m | held | |
| Martin Marietta Materials | 1.44% | $758 m | new |
Of the 10 positions above: new 1 · increased 1 · held 7 · reduced 1. The held ones are GE, V, MCO, SPGI, CP, Ferrovial Nv, GOOGL. These labels come from comparing with the previous quarter's filing — Form 13F itself has no such column. Positions sold out during the quarter do not appear here at all.
Who else holds these names
Among the 59 funds we track, those reporting the same name as a top position. Not the total number of institutions holding it — funds we do not track, and smaller positions that miss the cut, do not appear. Each fund's as-of date is its own latest filing and is not necessarily the same quarter. Linked where we have a page for them
| Ticker | Funds | Also held by |
|---|---|---|
| 1 | Trian Fund Management | |
| 7 | Akre Capital, Baupost Group, Polen Capital, Sands Capital, ValueAct, Viking Global, Wedgewood Partners | |
| 2 | Akre Capital, Berkshire Hathaway | |
| 12 | Appaloosa, Baupost Group, Berkshire Hathaway, D. E. Shaw, Dodge & Cox, First Eagle Investment, Himalaya Capital, Maverick Capital, Pershing Square, Polen Capital, Ruane Cunniff & Goldfarb, Yacktman Asset Management | |
| CNI | 1 | Gates Foundation Trust |
| 19 | Abrams Capital, Berkshire Hathaway, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Duquesne Family Office, Fisher Asset Management, Harris Associates, Himalaya Capital, Renaissance Technologies, Ruane Cunniff & Goldfarb, Sands Capital, Soros Fund Management, Third Point, Tiger Global, Tweedy Browne, Wedgewood Partners, Whale Rock Capital |
TCI Fund Management portfolio value: what the 13F reports, and why it is not AUM
TCI Fund Management reported $52.77 bn of positions on its Form 13F-HR for the quarter ending 2026-06-30, filed with the SEC on 2026-08-14 — 45 days after the quarter closed. By reported 13F value that makes it the 14th largest of the 59 funds tracked here, between First Eagle Investment ($60.75 bn) and Coatue Management ($48.63 bn).
That $52.77 bn is the 13F portfolio value, not TCI Fund Management's assets under management (AUM). A Form 13F lists the long positions a manager held in US-listed securities on the last day of the quarter. Cash, bonds, positions listed outside the United States, private investments and anything held short are not on the form, and options are left out of the figures on this page. TCI Fund Management's total AUM can therefore be larger than $52.77 bn, and for a manager that also runs short positions the 13F shows only one side of the book. What the number does give you is exact: it is TCI Fund Management's own count of its long US equity holdings on 2026-06-30, as filed.
TCI Fund Management top holdings in Q2 2026: how concentrated the portfolio is
The largest position TCI Fund Management reported is Ge Aerospace Com New (GE), at 33.59% of the portfolio — $17.73 bn. The top three — GE, V and MCO — add up to 65.7%, and the top five to 84.0%. All 10 positions listed here come to 98.6% of what the fund reported, or $52.05 bn. With 98.6% of the reported book in 10 names, this is a concentrated portfolio: the table above is close to the whole filing, and a single position moving changes the picture.
Compared with the filing for the quarter before: MLM is a new position; GOOG was added to; CNI was cut back; GE, V, MCO, SPGI, CP, Ferrovial Nv and GOOGL were left unchanged. A position sold in full during the quarter drops off the form altogether, so exits cannot be read from this list.
Funds whose top holdings overlap most with TCI Fund Management
Of the 10 positions above, Berkshire Hathaway reports 3 of the same names (MCO, GOOG, GOOGL); Akre Capital reports 2 of the same names (V, MCO); Baupost Group reports 2 of the same names (V, GOOG); D. E. Shaw reports 2 of the same names (GOOG, GOOGL); Himalaya Capital reports 2 of the same names (GOOG, GOOGL). Overlap is counted against each fund's own largest reported positions, so a fund holding the same stock as a small position does not show up here.
TCI Fund Management 13F: questions and answers
What is TCI Fund Management's largest holding?
Ge Aerospace Com New (GE), at 33.59% of the reported portfolio ($17.73 bn) as of 2026-06-30. Visa Inc (V) is second at 19.83%, followed by Moodys Corp (MCO) at 12.30%.
What is TCI Fund Management's AUM?
Its latest Form 13F reports $52.77 bn of long positions in US-listed securities for 2026-06-30. That is the 13F portfolio value rather than total AUM: cash, bonds, non-US listings, private holdings and short positions are not included, so the firm-wide figure TCI Fund Management manages can differ from it.
What did TCI Fund Management buy and sell in Q2 2026?
Among its 10 largest positions, the Q2 2026 filing shows new positions in MLM; additions to GOOG; reductions in CNI. The form compares share counts between two quarter ends, so it does not show the dates or prices of the trades, and positions sold out completely are absent rather than marked.
When does TCI Fund Management file its next 13F?
The filing shown here covers the quarter ending 2026-06-30 and was filed on 2026-08-14, 45 days after quarter end. Form 13F is due within 45 days of each quarter end, so the next one — for the quarter ending 2026-09-30 — is due by 2026-11-14.
How many stocks does TCI Fund Management hold?
This page lists its 10 largest reported positions, which cover 98.6% of the reported value. The full filing can contain more: positions below 0.5% of the portfolio, and anything past the top 10, are not listed here, so 10 is not the number of stocks TCI Fund Management owns.
Source: SEC EDGAR, Form 13F-HR — public domain, reproduced as filed. The table above is not the fund's entire portfolio. The list is capped at 10, so the 10 shown add up to 98.6% of what the fund reported — the rest does not appear here. 13F carries up to a 45-day reporting delay, covers long positions in US-listed securities only, and excludes options and short positions. Values are as reported in the filing, not current market value. No price data is involved in the figures above. Names are EDGAR's own spelling. The one row with “—” for ticker is one where the CUSIP in the filing could not be resolved to a symbol.
See the 13F filings for TCI Fund Management on SEC EDGAR
This page covers one fund in one quarter. Every fund, every quarter-over-quarter change and every insider purchase live in WhaleSignals.