5 Top Hedge Funds Focusing on ESG and Impact Investing

3. TCI Fund Management

TCI Fund Management is a hedge fund run from London. It is managed by Chris Hohn. It is placed third on our list of 10 top hedge funds focusing on ESG and impact investing. The fund has more than $34 billion in assets under management. Most of the investments of the fund are concentrated in the technology, services, and finance sectors. Hohn is a vocal advocate of environmental protection and lobbies for reduction of greenhouse gases around the world, pushing companies he has invested in to reduce their carbon footprint. 

Chris Hohn

One of the biggest holdings of TCI Fund Management is Alphabet Inc. (NASDAQ: GOOG), the technology company that operates from California. Out of the hedge funds being tracked by Insider Monkey, London-based investment firm TCI Fund Management is a leading shareholder in Alphabet Inc. (NASDAQ: GOOG) with 2.9 million shares worth more than $6.1 billion. 

In its Q1 2021 investor letter, Artisan Partners, an asset management firm, highlighted a few stocks and Alphabet Inc. (NASDAQ: GOOG) was one of them. Here is what the fund said:

“Large-cap tech companies have been resilient through the pandemic—Alphabet among them. A top contributor, Alphabet’s Play Store and Google Cloud are in demand as businesses accelerate online activity which, along with strong YouTube user growth, is helping stabilize temporarily weaker search ad revenue trends. Through the lens of our disciplined bottom-up research process, we view Alphabet as one of the best businesses in the world, capable of expanding revenues at a rapid rate for years to come, with a bullet proof balance sheet and an average asking price. It’s a name we’ve owned since 2012 and for which we continue to have high hopes regarding future prospects.”