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Chris Hohn

TCI Fund Management

Chris Hohn Canadian National Railway Company stake

total: 50

TCI Fund Management CNI trades

Total transactions:
22
New positions:
1
Added:
10
Reduced:
11
Held since:
2018 Q3
Held for:
32 quarters
Latest activity:
2026 Q2
According to 2026 Q2 report, Chris Hohn holds 9,433,422 Canadian National Railway Company (CNI) shares with a market value of roughly $1.12B accounting for 2.13% of the overall portfolio. To date, the estimated cost basis is nearly $97.59 for "buy" trades and estimated average "sell" price is $103.22. TCI Fund Management first purchased CNI in 2018 Q3, initially acquiring about 1.77M shares. Since the initial investment in Canadian National Railway Company (CNI), TCI Fund Management has made 21 more transactions.

How many CNI shares does Chris Hohn currently hold?

According to 2026 Q2 report, Chris Hohn holds 9,433,422 shares of Canadian National Railway Company (CNI), valued at around $1.12B.

When did Chris Hohn buy Canadian National Railway Company (CNI)?

Chris Hohn first invested in Canadian National Railway Company (CNI) in 2018 Q3 at the reported quarter-end price of $89.78 per share.

What's the cost basis of TCI Fund Management's CNI stake?

The estimated cost basis for Canadian National Railway Company (CNI) stake is around $97.59 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$97.59
Weighted AVG sell price:
$103.22

Chris Hohn's historical trades in Canadian National Railway Company

22 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q2
2.13%
9,433,422
$119.21
$1,124,534,915
-4.23% (-416,512)
-0.11%
2025 Q4
1.82%
9,849,934
$98.90
$974,114,657
-47.52% (-8,917,840)
-1.67%
2025 Q3
3.36%
18,767,774
$94.29
$1,769,673,250
-18.36% (-4,221,292)
-0.78%
2025 Q2
4.72%
22,989,066
$104.15
$2,394,409,913
-14.54% (-3,910,012)
-0.94%
2025 Q1
6.04%
26,899,078
$97.39
$2,619,619,831
-9.41% (-2,794,686)
-0.64%
2024 Q4
7.11%
29,693,764
$101.49
$3,013,663,064
-16.21% (-5,743,513)
-1.32%
2024 Q3
9.43%
35,437,277
$117.12
$4,150,341,855
-10.26% (-4,051,108)
-1.16%
2024 Q1
13.12%
39,488,385
$131.72
$5,201,441,009
-1.46% (-583,928)
-0.21%
2023 Q4
14.01%
40,072,313
$125.72
$5,037,819,252
-2.00% (-816,640)
-0.37%
2023 Q2
14.71%
40,888,953
$121.12
$4,952,547,380
+11.41% (+4,189,128)
+1.51%
2021 Q3
10.20%
$115.71
+21.89% (+6,592,022)
2021 Q2
7.92%
$105.51
+44.93% (+9,334,385)
2020 Q4
7.49%
$109.88
-0.14% (-28,847)
2020 Q3
7.94%
$106.46
-0.95% (-200,105)
2020 Q2
7.38%
$88.51
+0.43% (+90,469)
2020 Q1
7.74%
$77.98
+2.10% (+430,988)
2019 Q4
8.19%
$90.44
+7.21% (+1,378,200)
2019 Q3
8.91%
$89.85
+0.58% (+110,290)
2019 Q2
9.48%
$92.52
+47.71% (+6,134,889)
2019 Q1
7.53%
$89.56
+19.93% (+2,137,051)
2018 Q4
3.98%
$74.12
+504.99% (+8,948,483)
2018 Q3
0.83%
$89.78
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.