🪞 Chris Hohn · TCI
Concentrated activist, very high conviction.
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🔮 Predicted next buys: quarter ending 2026-06-30
Pure model output for Chris Hohn · TCI’s next 13F filing, no public confirmation yet. Probabilities are the model’s raw scores.
| # | Ticker | Company | Model probability |
|---|---|---|---|
| 1 | SONY | Sony Group Corp - Sp Adr | 89% |
| 2 | FRCB | First Republic Bank/Ca | 89% |
| 3 | WEP | Magellan Midstream Partners | 89% |
| 4 | PLCE | Children'S Place Inc/The | 88% |
| 5 | MXL | Maxlinear Inc | 83% |
| 6 | DDD | 3D Systems Corp | 82% |
| 7 | CHGG | Chegg Inc | 79% |
| 8 | OII | Oceaneering Intl Inc | 66% |
| 9 | BFH | Bread Financial Holdings Inc | 66% |
| 10 | VIAB | Viacom Inc-Class B | 60% |
📉 Predicted exits, conviction fading
Of Chris Hohn · TCI’s current disclosed holdings, the names a model flags as most likely to be EXITED or TRIMMED next quarter, before the 13F shows it. Model score (not a calibrated probability), ranked. Holdings as of 2026-03-31.
| Ticker | Company | Weight | Last move | Sell likelihood |
|---|---|---|---|---|
| MSFT | Microsoft Corp | 2.24% | trimmed last Q | ▲▲ 64 |
| GOOGL | Alphabet Inc | 1.56% | trimmed last Q | ▲ 52 |
⚠️ This predicts the ACTION (whether Chris Hohn · TCI reduces the position), not a return and not a short. A 13F shows long positions only, so a “sell” here means exiting or cutting a long, never shorting the stock. Walk-forward validated on the decision (AUC ≈ 0.66), but acting on it is not shown to make money. Research, not advice.
📜 Top disclosed holdings: Mar 2026
| Ticker | Company | Weight | Last change |
|---|---|---|---|
| GE | Ge Aerospace | 29.85% | ✊ Held |
| V | Visa Inc | 20.39% | ✊ Held |
| DUT | Moodys Corp | 13.84% | ✊ Held |
| SPGI | S&P Global Inc | 13.22% | ➕ Added |
| CP | Canadian Pacific Kansas City | 8.10% | ✊ Held |
| GOOG | Alphabet Inc | 5.62% | ➕ Added |
| - | Ferrovial Se | 2.94% | ✊ Held |
| CNR | Canadian Natl Ry Co | 2.24% | ✊ Held |
| MSFT | Microsoft Corp | 2.24% | ➖ Trimmed |
| GOOGL | Alphabet Inc | 1.56% | ➖ Trimmed |
Source: SEC Form 13F (public domain), long U.S. equity positions only, disclosed up to 45 days after quarter-end. Top 15 of 10 shown.
💲 Where they bought: accumulation cost
13F shows holdings, not trade prices. Implied average cost is total value ÷ shares; the zone is the price range that quarter, where they accumulated. “vs cost” is today versus that average. This is where they bought, not a future price.
| Ticker | Avg cost | Accumulation zone | Today | vs cost | Dip target |
|---|---|---|---|---|---|
| GE | $283.77 | $273–$345 | $345.73 | +21.8% | $298.71 |
| V | $302.24 | $295–$356 | $348.97 | +15.5% | $308.48 |
| SPGI | $425.34 | $368–$514 | $430.50 | +1.2% | $445.71 |
| CP | $78.66 | $70–$89 | $93.71 | +19.1% | $77.11 |
| GOOG | $286.86 | $273–$344 | $353.81 | +23.3% | $298.40 |
| CNR | $102.86 | $82–$113 | $83.02 | -19.3% | $97.99 |
| MSFT | $370.17 | $356–$481 | $385.10 | +4.0% | $416.98 |
| GOOGL | $287.56 | $273–$343 | $346.77 | +20.6% | $297.35 |
Dip target = the recent high discounted by this investor’s historical tendency to add on weakness. Behavioral, not a guarantee.
🧬 Factor fingerprint, the style behind the book
68% of Chris Hohn · TCI’s day-to-day swings are explained by public, buyable factors (Fama-French 5 + momentum), regressed on their current disclosed book (9 of 9 names, ~451 trading days). Market beta 0.83.
⚠️ This is the part the great investors can’t hide: their style is a tilt toward known factors, and every one of these is sold as a cheap index ETF. Buying the factors gets you most of the book for a few basis points. What’s left after the factors (the residual) is noisy on a single concentrated book and is not a reliable edge, read this as transparency about the style you’re copying, not a secret signal. Loadings are in-sample on current static weights, U.S. long positions only. Research, not advice.
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