Current position

Chris Hohn’s Canadian Natl Ry Co (CNI) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

TCI Fund Management LtdVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2018Earliest verified positive filing snapshot
Latest statusCurrent positionBased on the latest supported relationship state
Peak shares40.89MHighest verified quarter-end share count
Quarters reported32Verified quarters with shares above zero
What happened?

TCI Fund Management Ltd first reported Canadian Natl Ry Co in Q3 2018. The reported position was increased and reduced across later filings. TCI Fund Management Ltd currently reports 9.43M shares. The latest verified filing showed: Sold 4.2% of the position.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q2 2026
Sold 4.2% of the position−416.51K shares · 9.43M shares remained
Filing context

Quarter-end price $119.21 · Estimated holding basis $97.66

Q4 2025
Sold 47.5% of the position−8.92M shares · 9.85M shares remained
Filing context

Quarter-end price $98.90 · Estimated holding basis $97.66

Q3 2025
Sold 18.4% of the position−4.22M shares · 18.77M shares remained
Filing context

Quarter-end price $94.29 · Estimated holding basis $97.66

Q2 2025
Sold 14.5% of the position−3.91M shares · 22.99M shares remained
Filing context

Quarter-end price $104.15 · Estimated holding basis $97.66

Q1 2025
Sold 9.4% of the position−2.79M shares · 26.90M shares remained
Filing context

Quarter-end price $97.39 · Estimated holding basis $97.66

Q4 2024
Sold 16.2% of the position−5.74M shares · 29.69M shares remained
Filing context

Quarter-end price $101.49 · Estimated holding basis $97.66

10 unchanged quarters are collapsed by default.

Portfolio importance

How important is Canadian Natl Ry Co in TCI Fund Management Ltd’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Current portfolio weight2.1%Q2 2026
Current rank#8of 11 reported positions
Peak portfolio weight16.1%Q3 2023
Best historical rank#1Q2 2023
At peak importanceQ3 2023
CNI
16.1%
Largest holding
16.7%
Cross-investor discovery

Who else owns Canadian Natl Ry Co?

Also reported by 1 other tracked investor in their latest verified filings.

Bill GatesGates Foundation Trust
CNI18.0% of reported portfolio
Explore Canadian Natl Ry Co across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$118.952026-09-18

Market context only; not an investor transaction price.

Latest filing quarter-end price$119.21Q2 2026

Derived from validated reported value and shares where supported.

Estimated holding basis$97.66Historical reference — not actual purchase price

Calculated from supported filing history.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows TCI Fund Management Ltd’s Form 13F disclosures, not Chris Hohn’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.