13F filing recap · Q1 2022

What did TCI Fund Management buy in Q1 2022?

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

Stock value

$36.84B

Positions

Estimated turnover

24.4%

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

MSFTMicrosoft Corporation$5.32Breported value+581.7K shares+3.5%SPGIS&P Global Inc.$2.80Breported value+3.08M shares+82.1%MCOMoody’s Corporation$2.46Breported value+723.0K shares+11.0%

Reduced positions

GOOGAlphabet Inc.$6.62Breported value-582.0K shares-19.7%VVisa Inc.$4.42Breported value-3.17M shares-13.7%GOOGLAlphabet Inc.$1.59Breported value-45.0K shares-7.3%BXPBxp, Inc.$1.51Breported value-747.7K shares

Exited positions

INFOIhs Markit Ltd.$1.02Bprior reported value-7.66M shares-100.0%AREAlexandria Real Estate Equities, Inc.$232.85Mprior reported value-1.04M shares-100.0%