What stocks does Chris Hohn own?

As of 2026Q2, Chris Hohn's 13F discloses 11 positions worth $52.77B. The top five holdings: GE (33.6%), V (19.8%), MCO (12.3%), SPGI (10.9%), CP (7.4%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.

What did Chris Hohn buy this quarter?

In 2026Q2, the filing shows 2 new positions and 0 additions to existing holdings. The largest positions touched by buying: MLM, VMC.

How big is Chris Hohn's portfolio?

$52.77B across 11 positions per the latest 13F (filed Aug 14, 2026). The top five holdings account for 84% of the disclosed book.

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Chris Hohn

TCI Fund Management

$52.77B

disclosed 13F portfolio · 11 positions

top-5 concentration84%

Q2 2026 · filed Aug 14, 2026

Cloning this 13F returned15.4%/yrvs the S&P 500's14.0%/yrover the same 10.9 years· why →

Chris Hohn (TCI Fund Management) discloses a $52.77B portfolio across 11 US-listed positions in the latest 13F filing (2026Q2, filed Aug 14, 2026). The largest holding is GE at 33.6% of the book. The biggest move of the quarter: fully exited MSFT (was 2.2% of the book). Mechanically cloning this 13F returned 15.4%/yr over the past 10.9 years, versus 14.0%/yr for the S&P 500 across that identical 10.9-year window.

Share𝕏 in

Holdings (11) · click any column to sort

#↑	Ticker	Issuer	% Port.	This Q	History	Value
1	GE	General Electric	33.6%		14q held	$17.73B
2	V	Visa Inc-class A Shares	19.8%		29q held	$10.46B
3	MCO	Moody's Corp	12.3%		40q held	$6.49B
4	SPGI	S&p Global Inc	10.9%		38q held	$5.74B
5	CP	Canadian Pacific Kansas City	7.4%		13q held	$3.93B
6	GOOG	Alphabet Inc-cl C	6.7%		36q held	$3.51B
7	N3168P101	Ferrovial NV	2.7%		9q held	$1.43B
8	CNI	Canadian Natl Railway CO	2.1%		32q held	$1.12B
9	GOOGL	Alphabet Inc-cl A	1.7%		30q held	$878M
10	MLM	Martin Marietta Materials	1.4%	New	— 1q held	$758M
11	VMC	Vulcan Materials CO	1.4%	New	— 1q held	$722M

Sort↑

1GE
port33.6%
val$17.73B
General Electric
this Q hold·14q
2V
port19.8%
val$10.46B
Visa Inc-class A Shares
this Q hold·29q
3MCO
port12.3%
val$6.49B
Moody's Corp
this Q hold·40q
4SPGI
port10.9%
val$5.74B
S&p Global Inc
this Q hold·38q
5CP
port7.4%
val$3.93B
Canadian Pacific Kansas City
this Q hold·13q
6GOOG
port6.7%
val$3.51B
Alphabet Inc-cl C
this Q hold·36q
7N3168P101
port2.7%
val$1.43B
Ferrovial NV
this Q hold·9q
8CNI
port2.1%
val$1.12B
Canadian Natl Railway CO
this Q hold·32q
9GOOGL
port1.7%
val$878M
Alphabet Inc-cl A
this Q hold·30q
10MLM
port1.4%
val$758M
Martin Marietta Materials
this Q New·—1q
11VMC
port1.4%
val$722M
Vulcan Materials CO
this Q New·—1q

2026Q2 moves, by size (3)(expand ↓)

Ticker	Issuer	Move	% Port.	Δ Shares	Value
MSFT	Microsoft Corp	EXIT	2.2%	-100%	$0
MLM	Martin Marietta Materials	NEW	1.4%	+100%	$758M
VMC	Vulcan Materials CO	NEW	1.4%	+100%	$722M

EXITMSFT
2.2%
Microsoft Corp
Δ -100%·$0
NEWMLM
1.4%
Martin Marietta Materials
Δ +100%·$758M
NEWVMC
1.4%
Vulcan Materials CO
Δ +100%·$722M

About Chris Hohn

Chris Hohn runs TCI Fund Management, a London-based activist and long-term equity fund whose U.S. 13F reflects an exceptionally concentrated book — ten reported positions with roughly 85% of disclosed value in five names as of the most recent filing. The portfolio's composition (GE Aerospace, Visa, Moody's, S&P Global, Canadian Pacific Kansas City) is consistent with Hohn's documented preference for high-quality, competitively entrenched businesses held at low turnover, sometimes paired with activist pressure on capital allocation or governance. TCI is also known for its climate-related shareholder campaigns, pursued through its sister entity CIFF. The critical disclosure-gap caveat: TCI runs substantial non-U.S. equity exposure — European names and global positions that never appear in a 13F — so the filing represents a partial and potentially unrepresentative slice of the actual fund. The clone backtest's near-flat excess return (+0.3%/yr) is consistent with that truncation; the real portfolio's track record is materially different from what U.S. filings can reconstruct.

2026Q2 brief

Chris Hohn's TCI Fund Management ran a hyper-concentrated $52.8B book in 2026Q2, with just 11 positions and the top five accounting for 84% of assets. The dominant story remains GE at 33.6% (~$17.7B), paired with financial-data duopoly MCO (12.3%) and SPGI (10.9%) — a combined ~$12.2B bet on pricing-power moats. The most notable structural move is the exit of MSFT (previously 2.2%) and the simultaneous initiation of MLM (1.4%) and VMC (1.4%), both aggregates producers — a pointed pivot toward infrastructure-driven materials demand, likely reflecting conviction in U.S. construction and data-center buildout cycles rather than software multiples. GOOG holds steady at 6.7%, suggesting Hohn sees the AI-era search incumbent as more durable than Microsoft's positioning. The dual rail exposure through CP (7.4%) and CNI (2.1%) keeps the portfolio tilted toward capital-intensive compounders with regulated return profiles. Watch whether Hohn adds to MLM/VMC next quarter — if those positions double, it signals a genuine sector rotation away from software and into hard infrastructure.

AI-generated. Not investment advice.

Filing history

Chris Hohn's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.

Disclosed portfolio value · Q3 2023 – Q2 2026now $52.77B · peak $53.65B (Q4 2025)

Quarter	Positions	Portfolio value
Q2 2026 — what changed →	11	$52.77B
Q1 2026 — what changed →	10	$45.17B
Q4 2025 — what changed →	9	$53.65B
Q3 2025 — what changed →	9	$52.70B
Q2 2025 — what changed →	10	$50.71B
Q1 2025 — what changed →	10	$43.37B
Q4 2024 holdings	10	$42.41B
Q3 2024 holdings	10	$44.02B
Q2 2024 holdings	10	$40.92B
Q1 2024 holdings	10	$39.66B
Q4 2023 holdings	11	$35.97B
Q3 2023 holdings	9	$27.56B

Values as disclosed at each quarter end. Older filings on EDGAR.

Multibaggers Chris Hohn held

Stocks up 5x or more since Chris Hohn first held them at conviction size — the holding record behind the returns. Longest unbroken run and largest book weight are shown for each.

AMAT30.6xAPPLIED MATERIALS INC1q straight · peak 0.55%
MSFT11.2xMICROSOFT CORP23q straight · peak 17.84% · still holds
GOOG10.6xALPHABET INC-CL C35q straight · peak 22.43% · still holds
GOOGL10.1xALPHABET INC-CL A21q straight · peak 5.34% · still holds
V7.2xVISA INC-CLASS A SHARES28q straight · peak 20.39% · still holds
MCO6.7xMOODY'S CORP44q straight · peak 14.78% · still holds

Six biggest of 7. Price multiple since the first quarter we observed a conviction holding (2014Q1 at the earliest), not Chris Hohn's realized return — entry price and trades between filings aren't disclosed. Peak weight is share of disclosed US 13F book. All 129 multibaggers the cohort held →

Frequently asked questions

What stocks does Chris Hohn own?: As of 2026Q2, Chris Hohn's 13F discloses 11 positions worth $52.77B. The top five holdings: GE (33.6%), V (19.8%), MCO (12.3%), SPGI (10.9%), CP (7.4%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
What did Chris Hohn buy this quarter?: In 2026Q2, the filing shows 2 new positions and 0 additions to existing holdings. The largest positions touched by buying: MLM, VMC.
How big is Chris Hohn's portfolio?: $52.77B across 11 positions per the latest 13F (filed Aug 14, 2026). The top five holdings account for 84% of the disclosed book.

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Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0001647251). Not investment advice.