TCI Fund Management Ltd — S&P GLOBAL INC SPGI: Quarterly 13F Position History
TCI Fund Management Ltd has reported S&P GLOBAL INC (SPGI) on 37 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2017. As of Q1 2026, the position is sized at 14,035,310 shares ($5.97B market value, 13.22% of the equity book). Quarter-over-quarter share count change: + 2,245,000 (+19.0%) .
- 14,035,310Shares Held (Latest Filing)
- $5.97BReported Market Value (Latest Filing)
- 13.22%Portfolio Weight (% of 13F Equity Book)
- +2,245,000Quarter-over-Quarter Share Change
- -$191.7MQuarter-over-Quarter Value Change
- 14,035,310Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 37 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 14,035,310 | +2,245,000 | +19.0% | $5.97B | 13.22% | $425.34 |
| Q4 2025 | 11,790,310 | +600,440 | +5.4% | $6.16B | 11.48% | $522.59 |
| Q3 2025 | 11,189,870 | +98,247 | +0.9% | $5.45B | 10.33% | $486.71 |
| Q2 2025 | 11,091,623 | +730,354 | +7.0% | $5.85B | 11.53% | $527.29 |
| Q1 2025 | 10,361,269 | 38,808 | -0.4% | $5.26B | 12.14% | $508.10 |
| Q4 2024 | 10,400,077 | 0 | — | $5.18B | 12.21% | $498.03 |
| Q3 2024 | 10,400,077 | 0 | — | $5.37B | 12.21% | $516.62 |
| Q2 2024 | 10,400,077 | +1,367,466 | +15.1% | $4.64B | 11.33% | $446.00 |
| Q1 2024 | 9,032,611 | 0 | — | $3.84B | 9.69% | $425.45 |
| Q4 2023 | 9,032,611 | 26,000 | -0.3% | $3.98B | 11.06% | $440.52 |
| Q3 2023 | 9,058,611 | 271,000 | -2.9% | $3.31B | 12.01% | $365.41 |
| Q2 2023 | 9,329,611 | 0 | — | $3.74B | 11.11% | $400.89 |
| Q1 2023 | 9,329,611 | +145,038 | +1.6% | $3.22B | 11.01% | $344.77 |
| Q4 2022 | 9,184,573 | +416,252 | +4.7% | $3.08B | 10.28% | $334.94 |
| Q3 2022 | 8,768,321 | 0 | — | $2.68B | 9.37% | $305.35 |
| Q2 2022 | 8,768,321 | +1,945,249 | +28.5% | $2.96B | 9.35% | $337.06 |
| Q1 2022 | 6,823,072 | +3,075,788 | +82.1% | $2.80B | 7.60% | $410.18 |
| Q4 2021 | 3,747,284 | 1,066,154 | -22.1% | $1.77B | 3.98% | $471.93 |
| Q3 2021 | 4,813,438 | 1,040,022 | -17.8% | $2.05B | 4.91% | $424.89 |
| Q2 2021 | 5,853,460 | 0 | — | $2.40B | 5.99% | $410.45 |
| Q1 2021 | 5,853,460 | +3,491,166 | +147.8% | $2.07B | 6.00% | $352.87 |
| Q4 2020 | 2,362,294 | 0 | — | $776.6M | 2.55% | $328.73 |
| Q3 2020 | 2,362,294 | 62,652 | -2.6% | $851.8M | 3.06% | $360.60 |
| Q2 2020 | 2,424,946 | 0 | — | $799.0M | 3.17% | $329.48 |
| Q1 2020 | 2,424,946 | +442,532 | +22.3% | $594.2M | 2.82% | $245.05 |
| Q4 2019 | 1,982,414 | 0 | — | $541.3M | 2.39% | $273.05 |
| Q3 2019 | 1,982,414 | 0 | — | $485.7M | 2.52% | $244.98 |
| Q2 2019 | 1,982,414 | 0 | — | $451.6M | 2.44% | $227.79 |
| Q1 2019 | 1,982,414 | 58,540 | -2.9% | $417.4M | 2.73% | $210.55 |
| Q4 2018 | 2,040,954 | +1,596,335 | +359.0% | $346.8M | 1.74% | $169.94 |
| Q3 2018 | 444,619 | 0 | — | $86.9M | 0.45% | $195.39 |
| Q2 2018 | 444,619 | 0 | — | $90.7M | 0.43% | $203.89 |
| Q1 2018 | 444,619 | +28,000 | +6.7% | $84.9M | 0.47% | $191.06 |
| Q4 2017 | 416,619 | 0 | — | $70.6M | 0.44% | $169.40 |
| Q3 2017 | 416,619 | 74,110 | -15.1% | $65.1M | 0.45% | $156.31 |
| Q2 2017 | 490,729 | +307,800 | +168.3% | $71.6M | 0.54% | $145.99 |
| Q1 2017 | 182,929 | — | — | $23.9M | 0.20% | $130.74 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did TCI Fund Management Ltd first disclose a SPGI position in 13F-HR filings?
TCI Fund Management Ltd first reported S&P GLOBAL INC (SPGI) on its 13F-HR filing for the period ending 2017-03-31 (Q1 2017). The position has appeared on 37 reported quarters within Pactolio's tracked window.
What was TCI Fund Management Ltd's most recent quarter-over-quarter share-count change in SPGI?
Between Q4 2025 and Q1 2026, TCI Fund Management Ltd added 2,245,000 shares of SPGI (+19.0%), bringing the total reported position to 14,035,310 shares at a market value of $5.97B.
Does the implied price-per-share represent TCI Fund Management Ltd's cost basis in SPGI?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.