13F filing recap · Q4 2017

What did TCI Fund Management buy in Q4 2017?

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

Stock value

$16.13B

Positions

Estimated turnover

28.6%

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

MSFTMicrosoft Corporation$689.91Mreported value+8.07M shares GOOGLAlphabet Inc.$406.19Mreported value+385.6K shares FOXATwenty-First Century Fox, Inc.$256.05Mreported value+7.42M shares FOXATwenty-First Century Fox, Inc.$39.58Mreported value+1.16M shares

Increased positions

GOOGAlphabet Inc.$2.01Breported value+1.43M shares+293.6%UNPUnion Pacific Corp$86.19Mreported value+64.2K shares+11.1%NSCNorfolk Southern Corp$86.00Mreported value+85.0K shares+16.7%TWXTime Warner Inc$28.95Mreported value+112.0K shares

Reduced positions

CHTRCharter Communications, Inc.$3.34Breported value-1.81M shares-15.4%CMCSAComcast Corporation$2.84Breported value-21.08M shares-22.9%