Chris Hohn
Chris Hohn
Investment Philosophy
Sir Christopher Hohn runs TCI Fund Management, one of the most successful hedge funds of the last two decades. His approach combines ultra-concentrated positions in high-quality businesses with strategic activism to unlock shareholder value. TCI typically holds fewer than 15 positions, with the top 5 representing the vast majority of the portfolio.
Hohn focuses on businesses with essential infrastructure characteristics — companies that provide critical services with high barriers to entry and predictable cash flows. He is known for his rigorous analytical process and his willingness to engage aggressively with management teams.
His extraordinary track record of compounding capital at rates exceeding 20% annually over long periods is a testament to the power of combining deep fundamental research with strategic engagement. Hohn’s commitment to using investment returns to fund the Children’s Investment Fund Foundation further demonstrates his long-term, values-driven approach.
Current Portfolio
Source: SEC 13F Filing (Q4 2025)
| Ticker / Security Name | Shares (MM) | Δ Shares (%) | Value (Full $) | Portfolio (%) |
|---|---|---|---|---|
| BN / Brookfield Corporation | 61.40 | +49.69% | $2,817,790,000 | 18.15% |
| UBER / Uber Technologies, Inc. | 30.21 | -0.21% | $2,468,270,000 | 15.90% |
| AMZN / Amazon.com, Inc. | 9.61 | +64.99% | $2,217,680,000 | 14.28% |
| GOOG / Alphabet Inc. (Class C) | 6.16 | -2.53% | $1,934,220,000 | 12.46% |
| META / Meta Platforms, Inc. | 2.67 | +1,764.80% | $11,366,200,000 | 11.37% |
| QSR / Restaurant Brands International | 22.87 | -0.21% | $1,560,200,000 | 10.05% |
| HHH / Howard Hughes Holdings Inc. | 18.85 | 0.00% | $1,503,830,000 | 9.69% |
| HLT / Hilton Worldwide Holdings Inc. | 3.03 | -0.06% | $869,980,000 | 5.60% |
| GOOGL / Alphabet Inc. (Class A) | 0.68 | -86.00% | $212,310,000 | 1.37% |
| SEG / Seaport Entertainment Group Inc. | 5.02 | 0.00% | $99,320,000 | 0.64% |
| HTZ / Hertz Global Holdings, Inc. | 15.24 | 0.00% | $78,340,000 | 0.50% |
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