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TCI FUND MANAGEMENT LTD

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13F filer, CIK 1647251, LONDON, United Kingdom

TCI FUND MANAGEMENT LTD reported $52,769,884,406 across 11 holdings for the quarter ended 2026-06-30, in a 13F-HR filed 2026-08-14. Its ten largest share positions make up 98.63% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001647251-26-000007

Period
2026-06-30
Reported value
$52.8B
Holdings
11
Top 10 weight
98.63%
New
2
Sold out
1

Largest buys vs the previous quarter

SecurityShares changeApprox. value
MLMnew+1,315,109$758M
VMCnew+2,447,004$722M
GOOGadded+1,084,800$383M
SPGIadded+46,647$19M
FERadded+200,227$13.7M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
MSFTexited-2,728,412-$1.01B
CPreduced-1,196,197-$104M
CNIreduced-416,512-$49.7M
GEreduced-82,198-$30.7M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2026

Share positions as resolved from 13F-HR 0001647251-26-000007, largest first. % of portfolio is the value over $52,769,884,406, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GEGE AEROSPACEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 48,180,376 shares; 2024Q4: 45,999,876 shares; 2025Q1: 47,570,947 shares; 2025Q2: 47,510,431 shares; 2025Q3: 47,510,431 shares; 2025Q4: 47,510,431 shares; 2026Q1: 47,510,431 shares; 2026Q2: 47,428,233 shares 47,428,233$17.7B33.59%-82,198Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 16,797,187 shares; 2024Q4: 16,797,187 shares; 2025Q1: 16,637,562 shares; 2025Q2: 19,067,558 shares; 2025Q3: 28,057,351 shares; 2025Q4: 27,724,233 shares; 2026Q1: 30,468,133 shares; 2026Q2: 30,494,133 shares 30,494,133$10.5B19.83%+26,000Timeline
MCOMOODYS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 13,246,769 shares; 2024Q4: 13,246,769 shares; 2025Q1: 13,163,107 shares; 2025Q2: 13,246,979 shares; 2025Q3: 13,308,479 shares; 2025Q4: 13,308,479 shares; 2026Q1: 14,334,027 shares; 2026Q2: 14,334,027 shares 14,334,027$6.49B12.3%0Timeline
SPGIS&P GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 10,400,077 shares; 2024Q4: 10,400,077 shares; 2025Q1: 10,361,269 shares; 2025Q2: 11,091,623 shares; 2025Q3: 11,189,870 shares; 2025Q4: 11,790,310 shares; 2026Q1: 14,035,310 shares; 2026Q2: 14,081,957 shares 14,081,957$5.74B10.87%+46,647Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 54,913,285 shares; 2024Q4: 54,913,285 shares; 2025Q1: 54,913,285 shares; 2025Q2: 52,826,885 shares; 2025Q3: 49,865,735 shares; 2025Q4: 47,654,423 shares; 2026Q1: 46,521,923 shares; 2026Q2: 45,325,726 shares 45,325,726$3.93B7.44%-1,196,197Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 16,927,056 shares; 2024Q4: 16,507,056 shares; 2025Q1: 13,855,735 shares; 2025Q2: 12,966,235 shares; 2025Q3: 7,596,819 shares; 2025Q4: 7,596,819 shares; 2026Q1: 8,854,019 shares; 2026Q2: 9,938,819 shares 9,938,819$3.51B6.65%+1,084,800Timeline
FERFERROVIAL NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 19,095,244 shares; 2024Q4: 19,333,428 shares; 2025Q1: 19,333,428 shares; 2025Q2: 19,470,666 shares; 2025Q3: 19,470,666 shares; 2025Q4: 20,740,214 shares; 2026Q1: 20,740,214 shares; 2026Q2: 20,940,441 shares 20,940,441$1.43B2.72%+200,227Timeline
CNICANADIAN NATL RY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 35,437,277 shares; 2024Q4: 29,693,764 shares; 2025Q1: 26,899,078 shares; 2025Q2: 22,989,066 shares; 2025Q3: 18,767,774 shares; 2025Q4: 9,849,934 shares; 2026Q1: 9,849,934 shares; 2026Q2: 9,433,422 shares 9,433,422$1.12B2.13%-416,512Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: 6,027,410 shares; 2024Q4: 6,027,410 shares; 2025Q1: 4,085,110 shares; 2025Q2: 3,155,110 shares; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 2,457,000 shares; 2026Q2: 2,457,000 shares 2,457,000$878M1.66%0Timeline
MLMMARTIN MARIETTA MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: not reported; 2026Q2: 1,315,109 shares 1,315,109$758M1.44%newTimeline
VMCVULCAN MATLS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: not reported; 2026Q2: 2,447,004 shares 2,447,004$722M1.37%newTimeline

Sold out in Q2 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
MSFTMICROSOFT CORP2,728,412$1.01Bshares

How Q2 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001647251-26-000007 base2026-08-14acceptance time not in the bulk data set

Filings

Every filing of this filer: 13F reports and notices, the 13D and 13G it filed or is a reporting person of, and Forms 3, 4 and 5 it reported as an owner.

FilingSubjectFiledAcceptedIngested
13F-HR 0001647251-26-000007 Quarter ended 2026-06-302026-08-14acceptance time not in the bulk data set
13F-HR 0001647251-26-000004 Quarter ended 2026-03-312026-05-15acceptance time not in the bulk data set
13F-HR 0001647251-26-000002 Quarter ended 2025-12-312026-02-17acceptance time not in the bulk data set
13F-HR 0001647251-25-000014 Quarter ended 2025-09-302025-11-14acceptance time not in the bulk data set
13F-HR 0001647251-25-000009 Quarter ended 2025-06-302025-08-14acceptance time not in the bulk data set
13F-HR 0001647251-25-000005 Quarter ended 2025-03-312025-05-15acceptance time not in the bulk data set
13F-HR 0001647251-25-000003 Quarter ended 2024-12-312025-02-14acceptance time not in the bulk data set
13F-HR 0001647251-24-000011 Quarter ended 2024-09-302024-11-14acceptance time not in the bulk data set
13F-HR 0001647251-24-000007 Quarter ended 2024-06-302024-08-14acceptance time not in the bulk data set
13F-HR 0001647251-24-000004 Quarter ended 2024-03-312024-05-15acceptance time not in the bulk data set
13F-HR 0001647251-24-000002 Quarter ended 2023-12-312024-02-14acceptance time not in the bulk data set
13F-HR 0001647251-23-000012 Quarter ended 2023-09-302023-11-14acceptance time not in the bulk data set
13F-HR 0001647251-23-000010 Quarter ended 2023-06-302023-08-14acceptance time not in the bulk data set
13F-HR 0001647251-23-000007 Quarter ended 2023-03-312023-05-15acceptance time not in the bulk data set
13F-HR 0001647251-23-000005 Quarter ended 2022-12-312023-02-14acceptance time not in the bulk data set
13F-HR 0001647251-22-000008 Quarter ended 2022-09-302022-11-14acceptance time not in the bulk data set
13F-HR 0001647251-22-000006 Quarter ended 2022-06-302022-08-15acceptance time not in the bulk data set
13F-HR 0001647251-22-000004 Quarter ended 2022-03-312022-05-16acceptance time not in the bulk data set
13F-HR 0001647251-22-000002 Quarter ended 2021-12-312022-02-14acceptance time not in the bulk data set
13F-HR 0001647251-21-000010 Quarter ended 2021-09-302021-11-15acceptance time not in the bulk data set
13F-HR 0001647251-21-000008 Quarter ended 2021-06-302021-08-16acceptance time not in the bulk data set
13F-HR 0001647251-21-000005 Quarter ended 2021-03-312021-05-17acceptance time not in the bulk data set
13F-HR 0001647251-21-000002 Quarter ended 2020-12-312021-02-16acceptance time not in the bulk data set
13F-HR 0001647251-20-000008 Quarter ended 2020-09-302020-11-16acceptance time not in the bulk data set
13F-HR 0001647251-20-000006 Quarter ended 2020-06-302020-08-14acceptance time not in the bulk data set
13F-HR 0001647251-20-000004 Quarter ended 2020-03-312020-05-15acceptance time not in the bulk data set
13F-HR 0001647251-20-000002 Quarter ended 2019-12-312020-02-14acceptance time not in the bulk data set
13F-HR 0001647251-19-000008 Quarter ended 2019-09-302019-11-14acceptance time not in the bulk data set
13F-HR 0001647251-19-000006 Quarter ended 2019-06-302019-08-14acceptance time not in the bulk data set
13F-HR 0001647251-19-000004 Quarter ended 2019-03-312019-05-15acceptance time not in the bulk data set
13F-HR 0001647251-19-000002 Quarter ended 2018-12-312019-02-14acceptance time not in the bulk data set
13F-HR 0001647251-18-000008 Quarter ended 2018-09-302018-11-14acceptance time not in the bulk data set
13F-HR 0001647251-18-000006 Quarter ended 2018-06-302018-08-14acceptance time not in the bulk data set
13F-HR 0001647251-18-000004 Quarter ended 2018-03-312018-05-15acceptance time not in the bulk data set
13F-HR 0001647251-18-000002 Quarter ended 2017-12-312018-02-14acceptance time not in the bulk data set
13F-HR 0001647251-17-000012 Quarter ended 2017-09-302017-11-14acceptance time not in the bulk data set
13F-HR 0001647251-17-000009 Quarter ended 2017-06-302017-08-14acceptance time not in the bulk data set
13F-HR 0001647251-17-000007 Quarter ended 2017-03-312017-05-15acceptance time not in the bulk data set
13F-HR 0001647251-17-000004 Quarter ended 2016-12-312017-02-14acceptance time not in the bulk data set
13F-HR 0001647251-16-000020 Quarter ended 2016-09-302016-11-14acceptance time not in the bulk data set
13F-HR 0001647251-16-000017 Quarter ended 2016-06-302016-08-15acceptance time not in the bulk data set
13F-HR 0001647251-16-000013 Quarter ended 2016-03-312016-05-16acceptance time not in the bulk data set
13F-HR 0001647251-16-000011 Quarter ended 2015-12-312016-02-11acceptance time not in the bulk data set
13F-HR 0001647251-15-000009 Quarter ended 2015-09-302015-11-12acceptance time not in the bulk data set
13F-HR 0001362598-15-000006 Quarter ended 2015-06-302015-08-17acceptance time not in the bulk data set