13F filing recap · Q4 2015

What did TCI Fund Management buy in Q4 2015?

Reported stock-position changes between this filing and the previous one.

Stock value

$4.98B

Positions

Estimated turnover

8.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ABYAbengoa Yield Plc$85.31Mreported value+4.42M shares

Reduced positions

TWCTime Warner Cable Inc$3.01Breported value-366.3K shares-2.2%CMCSAComcast Corporation$1.14Breported value-754.0K shares-3.6%MCOMoody’s Corporation$307.80Mreported value-826.5K shares-21.2%BIDUBaidu, Inc.$219.63Mreported value-304.4K shares