TCI Fund Management Q2 Portfolio Surges to $52.77B with Focus on Top Holdings
TCI Fund Management's Q2 2026 portfolio saw significant activity as it rose to $52.77B, with 10 positions comprising ~84% of assets. Visa, Moody's, S&P Global, and Alphabet made up the largest portion, with GE Aerospace remaining the largest position at a minor trim.
New stakes were taken in Martin Marietta Materials and Vulcan Materials, while Microsoft was fully exited after substantial prior reduction. Notable increases were seen in Visa, Moody's, S&P Global, and Alphabet, reinforcing conviction in these core holdings. The portfolio turnover reflects active capital allocation, with notable reductions in Canadian rail holdings.
The firm's focus on top positions is evident, with concentration in GE Aerospace, Visa, Moody's, S&P Global, and Alphabet. This strategy may carry risks, but it also presents opportunities for significant returns.