TCI FUND MANAGEMENT LTDtracked
Open in PORT →Compare →Tear sheet →← all managersCIK 1647251
Reported long US book (13F) · Δ vs 2025-Q4 · methodology
Implied return what this book implies methodology →
As filed = each book applied at quarter-end (what it did) · As copyable = applied at the 45-day filing deadline (what a follower could have earned).
Computing…
Exposures · what it owns, by sector & size (2026-Q1)
By sector
By market cap
By region
By industry group GICS — finer than sector
| Industry group | Weight | Names |
|---|---|---|
| Commercial Services & Supplies | 47.45% | 3 |
| Electrical Equipment & Components | 29.85% | 1 |
| Road & Rail | 10.34% | 2 |
| Software & IT Services | 7.19% | 2 |
| Construction & Engineering | 2.94% | 1 |
| Software | 2.24% | 1 |
Top holdings
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GE | GENERAL ELECTRIC CO | Industrials | 29.85% |
| 2 | V | VISA INC. | Financials | 20.39% |
| 3 | MCO | MOODYS CORP /DE/ | Financials | 13.84% |
| 4 | SPGI | S&P Global Inc. | Financials | 13.22% |
| 5 | CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | Industrials | 8.10% |
| 6 | GOOG | Alphabet Inc. | Communication Services | 5.62% |
| 7 | FER | Ferrovial SE | Industrials | 2.94% |
| 8 | CNI | CANADIAN NATIONAL RAILWAY CO | Industrials | 2.24% |
| 9 | MSFT | MICROSOFT CORP | Information Technology | 2.24% |
| 10 | GOOGL | Alphabet Inc. | Communication Services | 1.56% |
10/10 classified; unclassified names are still shown.
Sector allocation over time · how the sector mix & top names shifted each quarter
Sector allocation over 44 reported quarters, 2015-Q2 to 2026-Q1, 38 bands (top holdings within each sector). Latest quarter 2026-Q1: GE 29.8%, V 20.4%, MCO 13.8%, SPGI 13.2%, CP 8.1%. Use the arrow keys to read a quarter.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is classified (unclassified names are still shown).
Style box · size × value-growth placement (2026-Q1), classified on today's fundamentals (not point-in-time) — load into PORT to overlay your own book
Classified: 86.7% of book weight (7/10 names) · unclassified 13.3%.
Contribution holdings-based, any period
Attribution lands once this book has priced history across the window. Try a longer period.
Holdings· 10 positions (2026-Q1) · largest first · Δ vs 2025-Q4
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | GEGE AEROSPACE | 47,510,431 | $13.5B | 29.8% | HOLD |
| 2 | VVISA INC | 30,468,133 | $9.2B | 20.4% | ADD 10% |
| 3 | MCOMOODYS CORP | 14,334,027 | $6.3B | 13.8% | ADD 8% |
| 4 | SPGIS&P GLOBAL INC | 14,035,310 | $6.0B | 13.2% | ADD 19% |
| 5 | CPCANADIAN PACIFIC KANSAS CITY | 46,521,923 | $3.7B | 8.1% | TRIM −2% |
| 6 | GOOGALPHABET INC | 8,854,019 | $2.5B | 5.6% | ADD 17% |
| 7 | FERFERROVIAL SE | 20,740,214 | $1.3B | 2.9% | HOLD |
| 8 | CNICANADIAN NATL RY CO | 9,849,934 | $1.0B | 2.2% | HOLD |
| 9 | MSFTMICROSOFT CORP | 2,728,412 | $1.0B | 2.2% | TRIM −84% |
| 10 | GOOGLALPHABET INC | 2,457,000 | $707M | 1.6% | NEW |
Position trends· top 10 holdings · shares held over 6 quarters
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| GEGE AEROSPACE | 46.0M | 47.6M | 47.5M | 47.5M | 47.5M | 47.5M | $13.5B |
| VVISA INC | 16.8M | 16.6M | 19.1M | 28.1M | 27.7M | 30.5M | $9.2B |
| MCOMOODYS CORP | 13.2M | 13.2M | 13.2M | 13.3M | 13.3M | 14.3M | $6.3B |
| SPGIS&P GLOBAL INC | 10.4M | 10.4M | 11.1M | 11.2M | 11.8M | 14.0M | $6.0B |
| CPCANADIAN PACIFIC KANSAS CITY | 54.9M | 54.9M | 52.8M | 49.9M | 47.7M | 46.5M | $3.7B |
| GOOGALPHABET INC | 16.5M | 13.9M | 13.0M | 7.6M | 7.6M | 8.9M | $2.5B |
| FERFERROVIAL SE | 19.3M | 19.3M | 19.5M | 19.5M | 20.7M | 20.7M | $1.3B |
| CNICANADIAN NATL RY CO | 29.7M | 26.9M | 23.0M | 18.8M | 9.8M | 9.8M | $1.0B |
| MSFTMICROSOFT CORP | 14.0M | 17.3M | 17.6M | 16.6M | 16.8M | 2.7M | $1.0B |
| GOOGLALPHABET INC | 6.0M | 4.1M | 3.2M | — | — | 2.5M | $707M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Related· where to look next
Where this firm's principals came from, and what its alumni went on to found.
joins filed 13F data only — no style, strategy or performance similarity is claimed · 13F 2026-Q1
Also hold GE — other Section 13(f) filers reporting a long position in this book's largest tickered holding for 2026-Q1. Lagged quarterly filings (up to 45 days after quarter-end); “% of shares out” is omitted where the reported share count can't carry it.
Filers outside the free window show locked, not hidden.