Chris Hohn’s The Children’s Investment Fund (TCI) has posted a 21% year-to-date return, significantly outperforming the S&P 500 and cementing Hohn’s reputation as one of the hedge fund industry’s leading equity investors, according to a report by the Financial Tines.
There report cite unnamed people familiar with the matter as revealing that with over $70bn in assets under management, TCI’s performance has been driven by high-conviction bets on names like GE Aerospace, Microsoft, and Visa. The fund’s stake in GE Aerospace — a spinoff from General Electric — has been especially lucrative, with shares surging 47% in 2025. TCI increased its position in the jet engine manufacturer from $7.7bn at the end of 2023 to $9.5bn by March.
Other top contributors include Microsoft, up 17% this year, and Visa, which has gained 12%. However, some portfolio holdings — including Canadian National Railway and Alphabet — have modestly detracted from performance.
TCI is known for running a concentrated portfolio and taking activist stances. Hohn has previously pushed for leadership changes at Cellnex, opposed Airbus’s M&A ambitions, and publicly called for layoffs at Alphabet.
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