Filed: 2/17/2026ACC: 0001647251-26-000002
📋 What this filing means
TCI FUND MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 9 equity positions with a total reported market value of $53.65B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
9
Positions
$53.65B
Total AUM (reported)
202.96M
Total Shares
Allocation by class
COM$25.56B47.6%
COM NEW$14.63B27.3%
COM CL A$9.72B18.1%
CAP STK CL C$2.38B4.4%
ORD SHS$1.35B2.5%
Portfolio Concentration
Top 3$32.47B60.5%
4–10$21.17B39.5%
Top 3 weight
60.5%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 202.96M
Sole
Full voting authority
202.96M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole9
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings9
Rows:
GE AEROSPACE
SOLEShares47.51M
TypeSH
Market value$14.63B
27.28%
Sole
47.51M
Shared
0.00
None
0.00
VISA INC
SOLEShares27.72M
TypeSH
Market value$9.72B
18.12%
Sole
27.72M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares16.78M
TypeSH
Market value$8.12B
15.13%
Sole
16.78M
Shared
0.00
None
0.00
MOODYS CORP
SOLEShares13.31M
TypeSH
Market value$6.80B
12.67%
Sole
13.31M
Shared
0.00
None
0.00
S&P GLOBAL INC
SOLEShares11.79M
TypeSH
Market value$6.16B
11.48%
Sole
11.79M
Shared
0.00
None
0.00
CANADIAN PACIFIC KANSAS CITY
SOLEShares47.65M
TypeSH
Market value$3.51B
6.54%
Sole
47.65M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares7.60M
TypeSH
Market value$2.38B
4.44%
Sole
7.60M
Shared
0.00
None
0.00
FERROVIAL SE
SOLEShares20.74M
TypeSH
Market value$1.35B
2.51%
Sole
20.74M
Shared
0.00
None
0.00
CANADIAN NATL RY CO
SOLEShares9.85M
TypeSH
Market value$974.11M
1.82%
Sole
9.85M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GE AEROSPACESOLE | COM NEW | 47.51M | SH | $14.63B 27.28% | 47.51M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 27.72M | SH | $9.72B 18.12% | 27.72M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 16.78M | SH | $8.12B 15.13% | 16.78M | 0.00 | 0.00 |
MOODYS CORPSOLE | COM | 13.31M | SH | $6.80B 12.67% | 13.31M | 0.00 | 0.00 |
S&P GLOBAL INCSOLE | COM | 11.79M | SH | $6.16B 11.48% | 11.79M | 0.00 | 0.00 |
CANADIAN PACIFIC KANSAS CITYSOLE | COM | 47.65M | SH | $3.51B 6.54% | 47.65M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 7.60M | SH | $2.38B 4.44% | 7.60M | 0.00 | 0.00 |
FERROVIAL SESOLE | ORD SHS | 20.74M | SH | $1.35B 2.51% | 20.74M | 0.00 | 0.00 |
CANADIAN NATL RY COSOLE | COM | 9.85M | SH | $974.11M 1.82% | 9.85M | 0.00 | 0.00 |