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Portfolio (Quarterly) Guide ↗

TCI Fund Management Ltd

· CIK 0001647251
13F Portfolio $53.6B AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 9 New
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GE GE AEROSPACE Industrials 47,510,431.0 $14.63B 27.28% NEW $308.03 -7.9%
2 V VISA INC Financial Services 27,724,233.0 $9.72B 18.12% NEW $350.71 -7.2%
3 MSFT MICROSOFT CORP Technology 16,781,953.0 $8.12B 15.13% NEW $483.62 -13.8%
4 MCO MOODYS CORP Financial Services 13,308,479.0 $6.80B 12.67% NEW $510.85 -15.6%
5 SPGI S&P GLOBAL INC Financial Services 11,790,310.0 $6.16B 11.48% NEW $522.59 -22.2%
6 CANADIAN PACIFIC KANSAS CITY 47,654,423.0 $3.51B 6.54% NEW $73.63
7 GOOG ALPHABET INC Communication Services 7,596,819.0 $2.38B 4.44% NEW $313.80 +25.6%
8 FERROVIAL SE 20,740,214.0 $1.35B 2.51% NEW $65.00
9 CNI CANADIAN NATL RY CO Industrials 9,849,934.0 $974.1M 1.82% NEW $98.90 +13.4%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 46.5%
Industrials 32.0%
Technology 16.6%
Communication Services 4.9%