Tci Fund Management Ltd 13F annual report

Tci Fund Management Ltd is an investment fund managing more than $40.9 trillion ran by Angus Milne. There are currently 9 companies in Mr. Milne’s portfolio. The largest investments include GE Aerospace and Moodys Corp, together worth $13.2 trillion.

$40.9 trillion Assets Under Management (AUM)

As of 7th August 2024, Tci Fund Management Ltd’s top holding is 48,180,376 shares of GE Aerospace currently worth over $7.66 trillion and making up 18.7% of the portfolio value. Relative to the number of outstanding shares of GE Aerospace, Tci Fund Management Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 13,246,769 shares of Moodys Corp worth $5.58 trillion. The third-largest holding is Microsoft worth $4.71 trillion and the next is Canadian Natl Ry Co worth $4.67 trillion, with 39,488,385 shares owned.

Currently, Tci Fund Management Ltd's portfolio is worth at least $40.9 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Tci Fund Management Ltd

The Tci Fund Management Ltd office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Angus Milne serves as the Head of Compliance at Tci Fund Management Ltd.

Recent trades

In the most recent 13F filing, Tci Fund Management Ltd revealed that it had opened a new position in Ferrovial Se and bought 19,095,244 shares worth $742 billion.

The investment fund also strengthened its position in GE Aerospace by buying 1,371,161 additional shares. This makes their stake in GE Aerospace total 48,180,376 shares worth $7.66 trillion. GE Aerospace soared 45.4% in the past year.

On the other hand, there are companies that Tci Fund Management Ltd is getting rid of from its portfolio. Tci Fund Management Ltd closed its position in Thermo Fisher Scientific on 14th August 2024. It sold the previously owned 1,517,639 shares for $882 billion.

One of the largest hedge funds

The two most similar investment funds to Tci Fund Management Ltd are Kayne Anderson Rudnick Investment Management and Caisse De Depot Et Placement Du Quebec. They manage $41 trillion and $41.6 trillion respectively.

Angus Milne investment strategy

Tci Fund Management Ltd’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Finance — making up 22.1% of the total portfolio value. The fund focuses on investments in the United States as 55.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 56% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $744 billion.

The complete list of Tci Fund Management Ltd trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
GE Aerospace	2.93% 48,180,376	$7,659,234,373,000	18.72%
Moodys Corp	8.59% 13,246,769	$5,575,962,475,000	13.63%
Microsoft Corporation	No change 10,531,890	$4,707,228,236,000	11.50%
Canadian Natl Ry Co	No change 39,488,385	$4,665,902,111,000	11.40%
S&P Global Inc	15.14% 10,400,077	$4,638,434,342,000	11.33%
Visa Inc	No change 16,797,187	$4,408,757,672,000	10.77%
Canadian Pacific Kansas City	No change 54,913,285	$4,324,450,705,000	10.57%
Alphabet Inc	26.56% 22,954,466	$4,202,653,344,000	10.27%
Thermo Fisher Scientific Inc.	Closed 1,517,639	$882,066,963,000
Ferrovial Se	Opened 19,095,244	$741,761,207,000	1.81%
No transactions found
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