13F filing recap · Q4 2018

What did TCI Fund Management buy in Q4 2018?

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

Stock value

$19.99B

Positions

Estimated turnover

24.3%

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.

Increased positions

GOOGAlphabet Inc.$2.89Breported value+126.3K shares+4.7%MSFTMicrosoft Corporation$2.22Breported value+8.61M shares+65.1%CPCanadian Pacific Kansas City Ltd/cn$1.39Breported value+2.92M shares+59.5%UNPUnion Pacific Corp$1.06Breported value+2.61M shares+51.3%MCOMoody’s Corporation$837.25Mreported value+3.95M shares+194.5%CNICanadian National Railway Company$794.63Mreported value+8.95M shares+505.0%GOOGLAlphabet Inc.$449.96Mreported value+50.0K shares+13.1%SPGIS&P Global Inc.$346.84Mreported value+1.60M shares+359.0%FWONKLiberty Media Corporation$74.51Mreported value+2.16M shares+815.9%

Reduced positions

CHTRCharter Communications, Inc.$3.35Breported value-1.80M shares-13.3%

Exited positions

NSCNorfolk Southern Corp$677.50Mprior reported value-3.75M shares-100.0%PCGPG&E Corp$64.44Mprior reported value-1.40M shares-100.0%