TCI Fund Management — CP

How TCI Fund Management's position in CANADIAN PACIFIC KANSAS CITY changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	46,521,923	$3,659,637,907	8.1%	TRIM
Q4 2025	47,654,423	$3,508,630,329	6.54%	NEW