Chris Hohn’s TCI Fund Portfolio: 9 Best Stocks to Buy

In this article, we will take a look at Chris Hohn’s TCI Fund Portfolio: 9 Best Stocks to Buy.

Christopher Hohn is the founder of TCI Fund Management, one of the world’s largest, aggressive activist investment firms. As of the quarter ended March 31, 2026, the firm holds approximately $45.17 billion in assets under management (AUM). TCI has a highly concentrated portfolio and a reputation built on long-term ownership and active engagement with corporate management teams. Hohn has consistently advocated patience and conviction in investing, stating that TCI maintains its positions as long as its underlying investment thesis remains undisturbed.

I think the key for us is to maintain our core philosophy of long-term investing. As long as we still believe in our position, we won’t let the markets change our mind.

Meanwhile, the backdrop for most equity investors remains very sensitive to the monetary policy and economic conditions. On June 17, 2026, the Federal Reserve, under Chairman Kevin Warsh, announced that interest rates would remain unchanged at 3.5%-3.75%. At the same time, he signaled a more hawkish stance through policymakers’ projections. Krishna Guha, head of central bank strategy and economics at Evercore ISI, noted that Warsh’s remarks reflected the central bank’s commitment to price stability. Addressing the investors, Glenmede’s chief of investment strategy, Jason Pride, added that meaningful changes can be expected in the Fed’s operating framework over the coming years.

Against this evolving monetary environment, Hohn’s philosophy, which has helped shape the fund’s approach to identifying businesses with durable earnings power, might prove to be a guiding light. Subsequently, we have come up with 9 best stocks from Chris Hohn’s TCI fund portfolio – built on Hohn’s philosophy – that can create long-term value for investors.

Chris Hohn of TCI Fund Management

Our Methodology

To compile our list of 9 Best Stocks to Buy in Chris Hohn’s TCI Fund Portfolio, we reviewed the firm’s 13F filing for Q1 2026. We filtered the list using the percentage of portfolio value each stock represents and ranked them accordingly. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. All the pricing data are current as of market close on June 26, 2026.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

9. Microsoft Corporation (NASDAQ:MSFT)

Market value of shares owned: $1,009,976,270

% of portfolio: 2.24%

Microsoft Corporation (NASDAQ:MSFT) is one of the 9 Best Stocks to Buy in Chris Hohn’s TCI Fund Portfolio.

On June 24, 2026, Microsoft Corporation (NASDAQ:MSFT) entered a strategic partnership with Commvault (CVLT). The partnership aims at enhancing AI and cyber resilience for enterprises shifting to the cloud. Under the agreement, Microsoft will integrate Commvault’s resilience technologies as a native ISV service on Microsoft Azure. With this integration, the Azure customers will be allowed to discover, provision, and deploy data protection capabilities directly from the cloud platform. If a system were to be compromised due to a cyberattack, outages, or operational errors, the integrated technologies would enable enterprises to rapidly restore data, applications, and identities. The partnership offers a unified experience across procurement and onboarding, eliminating the need for manual integration.

In another development, on June 23, 2026, Microsoft Corporation (NASDAQ:MSFT) completed construction on its first data center facility in Mount Pleasant, Wisconsin. Currently, the datacenter is completely operational. Completed ahead of schedule, the Fairwater datacenter facility houses a powerful supercomputer to drive global AI innovation and, at present, supports nearly 550 full-time local jobs.

Founded in 1975, Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. The company’s headquarters is in Washington.

8. Canadian National Railway Company (NYSE:CNI)

Market value of shares owned: $1,013,208,255

% of portfolio: 2.24%

Canadian National Railway Company (NYSE:CNI) is one of the 9 Best Stocks to Buy in Chris Hohn’s TCI Fund Portfolio.

On June 25, 2026, Barclays raised its price target on Canadian National Railway Company (NYSE:CNI) from $99 to $109 while maintaining an Equal Weight rating on the company’s stock. As part of its second-quarter earnings preview, the firm adjusted price targets across the North American transportation group. The firm’s analyst anticipates stronger transport earnings and a more robust outlook, induced by positive movements in domestic and international freight demand alongside reduced capacity. Barclays’ analyst further notes in a research note that volume momentum and rising U.S. imports are driving favorable earnings revisions for most carriers, while core pricing gains upward momentum amid tightening market capacity.

Prior to this, Canadian National Railway Company (NYSE:CNI) saw another price adjustment on June 24, 2026, with RBC Capital raising its price target from C$178 to C$195 while keeping an Outperform rating on the stock. The revision was also part of the firm’s preview of Q2 results for Class I railroads. The firm further cited the company’s strong volumes and expressed faith in its favorable network dynamics and margin potential, alongside a discounted valuation that supports significant earnings upside.

Founded in 1919, Canadian National Railway Company (NYSE:CNI) is a leading North American transportation pioneer. The Canadian company operates a massive network connecting Canada’s Atlantic and Pacific coasts directly to the U.S. Midwest and the Gulf of Mexico.

7. Ferrovial N.V. (NASDAQ:FER)

Market value of shares owned: $1,327,927,999

% of portfolio: 2.94%

Ferrovial N.V. (NASDAQ:FER) is one of the 9 Best Stocks to Buy in Chris Hohn’s TCI Fund Portfolio.

Forming almost 3% of the TCI Fund portfolio, Ferrovial SE officially completed its conversion into a Dutch public limited liability company, legally changing its name to Ferrovial N.V. (NASDAQ:FER) on April 30, 2026.  On June 8, 2026, Ferrovial N.V. (NASDAQ:FER) was awarded a $1.079 billion contract by the U.S. Army Corps of Engineers (USACE). This newly awarded contract marks the second contract with USACE under the Puerto Nuevo flood control project and aims at expanding and upgrading a section of the Río Piedras channel in San Juan. Ignacio Gaston, Ferrovial Construction CEO, stated:

We are proud to continue working with the U.S. Army Corps of Engineers to deliver complex projects that will strengthen resilience, reduce flood risk, and provide long-term benefits for the local economy and community.

In a more recent development, on June 24, 2026, Dalaman Airport, managed by Ferrovial N.V. (NASDAQ:FER), became the first global terminal to meet 100% of its electricity demand using rooftop solar power. Phase 2 completion marks a major milestone in Ferrovial N.V.’s (NASDAQ:FER) strategy for low-carbon infrastructure.

Founded in 1952, Ferrovial N.V. (NASDAQ:FER) is a global infrastructure giant with headquarters in the Netherlands. The company manages high-concession toll roads, airports, and construction assets, with North America serving as its primary long-term corporate growth engine.

6. Alphabet Inc. (NASDAQ:GOOGL)

Market value of shares owned: $3,246,398,810

% of portfolio: 7.18%

Alphabet Inc. (NASDAQ:GOOGL) is one of the 9 Best Stocks to Buy in Chris Hohn’s TCI Fund Portfolio.

Alphabet Inc., trading under the tickers GOOGL and GOOG, collectively represents 7.18% of Chris Hohn’s TCI Fund portfolio, with a combined market value of $3,246,398,810. On June 25, 2026, Alphabet Inc. (NASDAQ:GOOGL) unit Waymo registered a local entity, Waymo Germany GmbH, in Germany, according to a Bloomberg report. The move signals the company’s plans to expand its driverless robotaxi services into Europe. The entity was registered on June 15 and, based at Google’s Munich office, it will offer autonomous ride-hailing services and support third-party commercial offerings. Due to the extensive mapping and testing required for training in the self-driving software, the imminent launch is suspected to be unlikely. However, the move underscores Waymo’s global ambitions. The company, which already logs over 500,000 weekly autonomous trips across 11 U.S. cities, is also laying groundwork for future international expansions in London and Tokyo.

Separately, on the same day, Alphabet Inc.’s (NASDAQ:GOOGL) Google Cloud expanded its partnership with Jack Henry (JKHY) to build a proprietary AI security platform for financial institutions. The initiative involves utilizing Google Cloud’s agentic defense products and aims to strengthen cyber resilience against emerging threats, thereby enabling banks and credit unions to perform better.

Founded in 2015, Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. Based in California, the company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.

Click to continue reading and see the 5 Best Stocks in Chris Hohn’s TCI Fund Portfolio.

Disclosure: None.  Follow Insider Monkey on Google News.