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TCI FUND MANAGEMENT LTD

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13F filer, CIK 1647251, LONDON, United Kingdom

TCI FUND MANAGEMENT LTD reported $45,170,870,798 across 10 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-15.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001647251-26-000004

Period
2026-03-31
Reported value
$45.2B
Holdings
10
Top 10 weight
100%
New
1
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SPGIadded+2,245,000$955M
Vadded+2,743,900$829M
GOOGLnew+2,457,000$707M
MCOadded+1,025,548$447M
GOOGadded+1,257,200$361M

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
MSFTreduced-14,053,541-$5.2B
CPreduced-1,132,500-$89.1M

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, Q1 2026

Share positions as resolved from 13F-HR 0001647251-26-000004, largest first. % of portfolio is the value over $45,170,870,798, 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; 2024Q2: restricted; 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 47,510,431$13.5B29.85%0Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 30,468,133$9.21B20.39%+2,743,900Timeline
MCOMOODYS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 14,334,027$6.25B13.84%+1,025,548Timeline
SPGIS&P GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 14,035,310$5.97B13.22%+2,245,000Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 46,521,923$3.66B8.1%-1,132,500Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 8,854,019$2.54B5.62%+1,257,200Timeline
FERFERROVIAL NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 20,740,214$1.33B2.94%0Timeline
CNICANADIAN NATL RY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 9,849,934$1.01B2.24%0Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 11,990,590 shares; 2024Q4: 13,993,637 shares; 2025Q1: 17,299,881 shares; 2025Q2: 17,565,231 shares; 2025Q3: 16,592,204 shares; 2025Q4: 16,781,953 shares; 2026Q1: 2,728,412 shares 2,728,412$1.01B2.24%-14,053,541Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 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 2,457,000$707M1.56%newTimeline

How Q1 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 0001647251-26-000004 base2026-05-15acceptance time not in the bulk data set