How Chris Hohn’s Concentrated Portfolio Fared Last Year

TCI posted a double-digit gain, but lagged the benchmark.

Stephen Taub January 30, 2025

TCI Fund Management saw a 15 percent gain in 2024. However, the hedge fund headed by Chris Hohn significantly underperformed the S&P 500, which surged 25 percent, including dividends.For perspective, in a chart seen by Institutional Investor and contained in the firm’s fourth-quarter letter, TCI

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