TCI Fund Management Ltd Long-Term Concentrated

CIK: 0001647251 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $52,699,548 (100.0% shares, 0.0% debt)

Holdings (9)

GE GE AEROSPACE 27.1%

Value ($000) $14,292,088 Shares 47,510,431 Est. Cost $82.30 Unrealized +231.3%

V VISA INC 18.2%

Value ($000) $9,578,218 Shares 28,057,351 Est. Cost $256.70 Unrealized +34.5%

MSFT MICROSOFT CORP 16.3%

Value ($000) $8,593,932 Shares 16,592,204 Est. Cost $376.15 Unrealized +35.2%

MCO MOODYS CORP 12.0%

Value ($000) $6,341,224 Shares 13,308,479 Est. Cost $235.53 Unrealized +113.4%

SPGI S&P GLOBAL INC 10.3%

Value ($000) $5,446,222 Shares 11,189,870 Est. Cost $350.13 Unrealized +52.5%

CP CANADIAN PACIFIC KANSAS CITY 7.0%

Value ($000) $3,713,515 Shares 49,865,735 Est. Cost $77.51 Unrealized -1.6%

GOOG ALPHABET INC 3.5%

Value ($000) $1,850,205 Shares 7,596,819 Est. Cost $107.71 Unrealized +94.9%

CNI CANADIAN NATL RY CO 3.4%

Value ($000) $1,769,673 Shares 18,767,774 Est. Cost $89.56 Unrealized +7.2%

FER FERROVIAL SE 2.1%

Value ($000) $1,114,471 Shares 19,470,666 Est. Cost $37.63 Unrealized +43.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GE	GE AEROSPACE	47,510,431	$14,292,088	27.1%	$82.30	+231.3%	COM NEW	369604301
V	VISA INC	28,057,351	$9,578,218	18.2%	$256.70	+34.5%	COM CL A	92826C839
MSFT	MICROSOFT CORP	16,592,204	$8,593,932	16.3%	$376.15	+35.2%	COM	594918104
MCO	MOODYS CORP	13,308,479	$6,341,224	12.0%	$235.53	+113.4%	COM	615369105
SPGI	S&P GLOBAL INC	11,189,870	$5,446,222	10.3%	$350.13	+52.5%	COM	78409V104
CP	CANADIAN PACIFIC KANSAS CITY	49,865,735	$3,713,515	7.0%	$77.51	-1.6%	COM	13646K108
GOOG	ALPHABET INC	7,596,819	$1,850,205	3.5%	$107.71	+94.9%	CAP STK CL C	02079K107
CNI	CANADIAN NATL RY CO	18,767,774	$1,769,673	3.4%	$89.56	+7.2%	COM	136375102
FER	FERROVIAL SE	19,470,666	$1,114,471	2.1%	$37.63	+43.2%	ORD SHS	N3168P101