SEC 13F Intelligence

Managers / Q4 2018 · view latest →

TCI Fund Management Ltd

CIK 0001647251 · 7 CLIFFORD STREET, LONDON, X0, W1S2FT · 02074402330

Reported Value
$20.0B
Q4 2018
Positions
12
Filings on Record
30
2019–present window
Filed
Feb 14, 2019
original filing

Summary

Tci Fund Management Ltd reported $20.0B in U.S.-listed holdings across 12 positions for Q4 2018.

The portfolio is heavily concentrated: Twenty First Centy Fox alone accounts for 27.6% of reported value.

Portfolio Metrics

Top-10 Concentration
+97.9%
share of reported value
Largest Position
+27.6%
Twenty First Centy Fox

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $20.0BQ4 ’18Q1 ’19: $15.3BQ2 ’19: $18.5BQ3 ’19: $19.3BQ4 ’19: $22.6BQ4 ’19Q1 ’20: $21.1BQ2 ’20: $25.2BQ3 ’20: $27.9BQ4 ’20: $30.5BQ4 ’20Q1 ’21: $34.4BQ2 ’21: $40.1BQ3 ’21: $41.6BQ4 ’21: $44.4BQ4 ’21Q1 ’22: $36.8BQ2 ’22: $31.6BQ3 ’22: $28.6BQ4 ’22: $29.9BQ4 ’22Q1 ’23: $29.2BQ2 ’23: $33.7BQ3 ’23: $27.6BQ4 ’23: $36.0BQ4 ’23Q1 ’24: $39.7BQ2 ’24: $40.9BQ3 ’24: $44.0BQ4 ’24: $42.4BQ4 ’24Q1 ’25: $43.4BQ2 ’25: $50.7BQ3 ’25: $52.7BQ4 ’25: $53.6BQ4 ’25Q1 ’26: $45.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 59.8%Other: 39.8%Tracking Stk: 0.4%
  • Common Stock · 59.8% · $12.0B
  • Other · 39.8% · $8.0B
  • Tracking Stk · 0.4% · $75M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
TWENTY FIRST CENTY FOX INCNEW+114.50M114.50M+$5.5B$5.5B
CHTRCHARTER COMMUNICATIONS INC NNEW+11.77M11.77M+$3.4B$3.4B
GOOGALPHABET INCNEW+2.79M2.79M+$2.9B$2.9B
MSFTMICROSOFT CORPNEW+21.82M21.82M+$2.2B$2.2B
CANADIAN PAC RY LTDNEW+7.84M7.84M+$1.4B$1.4B
UNPUNION PAC CORPNEW+7.70M7.70M+$1.1B$1.1B
TWENTY FIRST CENTY FOX INCNEW+22.19M22.19M+$1.1B$1.1B
DUTMOODYS CORPNEW+5.98M5.98M+$837M$837M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TWENTY FIRST CENTY FOX INCCL A · CL B32.87%$6.6B136.69M
2CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A16.78%$3.4B11.77M
3GOOGALPHABET INCCAP STK CL C · CAP STK CL A16.70%$3.3B3.22M
4MSFTMICROSOFT CORPhistory →COM11.09%$2.2B21.82M
5CANADIAN PAC RY LTDCOM6.96%$1.4B7.84M
6UNPUNION PAC CORPhistory →COM5.32%$1.1B7.70M
7DUTMOODYS CORPhistory →COM4.19%$837M5.98M
8CNRCANADIAN NATL RY COhistory →COM3.98%$795M10.72M
9SPGIS&P GLOBAL INChistory →COM1.74%$347M2.04M
10FWONKUSDLIBERTY MEDIA CORP DELAWAREhistory →COM SER C FRMLA0.37%$75M2.43M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$45.2B10May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$53.6B9Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$52.7B9Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$50.7B10Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$43.4B10May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$42.4B10Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$44.0B10Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$40.9B10Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$39.7B10May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$36.0B11Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$27.6B9Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$33.7B10Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$29.2B9May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$29.9B10Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$28.6B10Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$31.6B13Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$36.8B11May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$44.4B13Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$41.6B13Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$40.1B13Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$34.4B13May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$30.5B13Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$27.9B13Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$25.2B18Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$21.1B18May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$22.6B17Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$19.3B15Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$18.5B13Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$15.3B13May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$20.0B12Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.