Latest news with #ChrisHohn
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First Post
08-07-2025
- Business
- First Post
Rishi Sunak returns to the company where he worked as a summer intern, now senior adviser
Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser, years after working at the investment bank as a summer intern and junior analyst from 2001 to 2004 read more Former British Prime Minister Rishi Sunak at Westminster Abbey in London, Britain. Reuters/File Photo Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser, years after working at the investment bank as a summer intern and junior analyst from 2001 to 2004. Following his stint at Goldman Sachs, he joined billionaire Chris Hohn's hedge fund TCI, and later moved to its spinoff, Theleme Partners. His new role was announced by Goldman Sachs CEO David Solomon on Tuesday. 'I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a senior adviser,' MoneyControl quoted Solomon as saying in a statement. STORY CONTINUES BELOW THIS AD 'He will also spend time with our people around the world, contributing to our culture of ongoing learning and development,' he added. The former PM will advise clients on geopolitical and economic issues. This marks Rishi Sunak's first major professional step since resigning as Conservative Party leader after Labour's landslide win in the July 2024 general election. The MP for Richmond and Northallerton has largely kept a low profile since, though earlier this year he took on academic roles at both Oxford and Stanford universities. He has confirmed he will continue serving in Parliament from the backbenches for the rest of the term. Notably, Sunak will donate his earnings from Goldman Sachs to the Richmond Project, a charity he and his wife launched to improve numeracy skills in the UK. With inputs from agencies
Business Insider
05-07-2025
- Business
- Business Insider
Chris Hohn's TCI Crushes Market with 21% Return
Sir Chris Hohn's The Children's Investment (TCI) Fund has notched a spectacular year with a 21% gain, tripling the S&P 500's comparative return. The activist investor utilizes an extremely concentrated portfolio and held just 10 positions in his last 13F portfolio update. TCI has an average holding period of 23.3 quarters, or about 5.8 years, according to WhaleWisdom. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. TCI's largest position, GE Aerospace (GE), accounts for 22% of its portfolio and has returned 47% year-to-date. Its second-largest position, Microsoft (MSFT), has a 15% allocation and has returned 19% this year. These two companies were the only stocks that TCI bought during the first quarter. What Stocks Does TCI Own? TCI also has significant positions in financial firms Moody's (MCO), Visa (V), and S&P Global (SPGI). Additionally, TCI sees upside in railroad companies Canadian Pacific Kansas City (CP) and Canadian National Railway (CNI). CP has an 8.91% weight while CNI comes in at 5.84%. At the same time, not all of the hedge fund's stocks are winners, as it owns both classes of Google (GOOG) (GOOGL), which are down by about 5% YTD. Head over to TipRanks' TCI Portfolio Page for more information on Chris Hohn and TCI.
Business Insider
19-05-2025
- Business
- Business Insider
The most important thing a billionaire hedge fund manager looks for in job applicants
British billionaire Chris Hohn said there's one thing that really matters in job interviews. The founder of London-based hedge fund The Children's Investment Fund, which manages about $58 billion, told Norges Bank Investment Management CEO Nicolai Tangen in his most recent podcast episode that his top-performing employees are not just motivated by a paycheck. Hohn said they think a lot about someone's personality when they want to work at the company. "There's a human aspect to work," he said. The best people don't simply come to work for money, Hohn explained, they also come because they enjoy the environment. "It's really important how we treat people, how everyone treats each other," he said. "I'll never hire someone without the blessing of my senior team because we could destroy the culture." The Children's Investment Fund has a small investment team of only seven or eight people, with an overall head count of about 200. "We've known each other a long time, and there's something we've built which is intangible trust," Hohn said. He shared some insight into how to get a coveted spot at the hedge fund. Hohn said one of the questions they ask applicants is: "What makes a good business?" "We ask for a case study or two, and it becomes immediately obvious whether you know what you're doing," he said. "It's not enough just to be a good investor; you have to want to work in a team — not everyone wants that." Hohn also said you need to be able to get along with people, in a way that you should be open-minded to being wrong.
Yahoo
10-05-2025
- Business
- Yahoo
Visa Inc. (V): Among Billionaire Chris Hohn's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Visa Inc. (NYSE:V) stands against other billionaire Chris Hohn's stock picks with huge upside potential. The Children's Investment Fund Management, also known as TCI Fund Management, is a British hedge fund firm headquartered in London and founded in 2003 by Sir Christopher Anthony Hohn. Hohn, a British billionaire and Harvard MBA graduate (Baker Scholar), also serves as the fund's portfolio manager. TCI is distinguished by its value-oriented, fundamental investment philosophy and its focus on long-term, high-conviction positions in globally competitive businesses. The fund employs a private equity-style approach to public market investing, relying on deep fundamental research, constructive engagement with company management, and a willingness to use shareholder activism when necessary to drive performance. Known for its concentrated portfolio structure, the TCI Master Fund maximizes alpha by targeting high-quality companies with sustainable competitive advantages and predictable free cash flow. TCI's investment strategy includes opportunistic ventures into corporate transformations and special situations. In line with its activist reputation, the firm is prepared to exert influence on company direction and governance when it deems necessary to unlock shareholder value. This assertive approach has helped cement TCI's reputation as one of the most successful and influential hedge funds in the world. A significant aspect of TCI's operations is its real estate lending business, which was launched in 2014 under the TCI Real Estate Partners Lending Funds. These funds invest alongside The Children's Investment Fund Foundation (CIFF), the philanthropic arm initially supported by the fund's profits. The lending strategy centers on first mortgage and senior secured lending for high-quality assets, with a particular focus on prime locations in major North American and European cities. This real estate arm reflects TCI's broader investment philosophy, seeking security, quality, and long-term value. As of Q4 2024, TCI managed $42.4 billion in securities across just nine core stock holdings, reflecting its highly concentrated and conviction-driven investment approach. The firm's blend of fundamental analysis, disciplined value investing, and strategic activism continues to position it as a powerful force in global capital markets. Through its unique alignment of investment and philanthropic missions, TCI also exemplifies how hedge funds can blend financial performance with broader societal impact. For this article, we searched through TCI Fund Management's Q4 2024 13F filings to identify billionaire Chris Hohn's stock picks with the highest upside potential. We compiled the equities with upside potential higher than 8% at the time of writing this article and analyzed why they stood out as sound potential investments. Finally, we ranked the stocks based on the ascending order of their upside potential. To assist readers with more context, we mentioned the hedge fund sentiment around each stock using data from 1,009 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 363.5% since May 2014, beating its benchmark by 208 percentage points (). A financial analyst reviewing stock prices on a graph with a positive Inc. (NYSE:V) is a global leader in digital payments, enabling electronic fund transfers through a vast network of credit, debit, and prepaid cards accepted in over 200 countries. Headquartered in San Francisco, Visa operates at the heart of the global financial infrastructure, benefiting from the ongoing shift toward cashless transactions and digital commerce. In its most recent earnings report for the quarter ended March 2025, Visa Inc. (NYSE:V) delivered earnings of $2.76 per share, surpassing consensus expectations of $2.68 and marking a 2.99% earnings surprise. This performance also reflects year-over-year EPS growth from $2.51, underscoring consistent operating leverage and strong execution. This followed a similarly strong previous quarter, where the company posted $2.75 per share against a projected $2.66, indicating a trend of outperformance. Revenue for the quarter reached $9.59 billion, modestly beating analyst expectations and growing from $8.78 billion in the same period last year. This steady revenue expansion highlights Visa Inc. (NYSE:V)'s resilience and scale advantages amid varying macroeconomic conditions. The company continues to benefit from global consumer spending, cross-border transaction volume growth, and broader adoption of electronic payments across emerging markets. Visa Inc. (NYSE:V) is also a cornerstone holding in TCI Fund Management's portfolio, representing 12.51% of its total assets with over 16 million shares held. This sizable allocation reflects billionaire investor Chris Hohn's conviction in Visa's ability to generate long-term value. The stock's current upside potential of 8.91% positions it as among the stock picks with huge upside potential in TCI's portfolio, especially given its robust fundamentals and dominant market position. With a proven track record of earnings beats, global scale, and secular tailwinds from digital payment growth, Visa Inc. (NYSE:V) stands out as a high-conviction holding with meaningful upside potential for hedge fund portfolios focused on compounding capital. Overall, V ranks 8th on our list of billionaire Chris Hohn's stock picks with huge upside potential. While we acknowledge the potential of V as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than V but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . 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Yahoo
09-05-2025
- Business
- Yahoo
S&P Global Inc. (SPGI): Among Billionaire Chris Hohn's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where S&P Global Inc. (NYSE:SPGI) stands against Billionaire Chris Hohn's other stock picks with huge upside potential. The Children's Investment Fund Management, also known as TCI Fund Management, is a British hedge fund firm headquartered in London and founded in 2003 by Sir Christopher Anthony Hohn. Hohn, a British billionaire and Harvard MBA graduate (Baker Scholar), also serves as the fund's portfolio manager. TCI is distinguished by its value-oriented, fundamental investment philosophy and its focus on long-term, high-conviction positions in globally competitive businesses. The fund employs a private equity-style approach to public market investing, relying on deep fundamental research, constructive engagement with company management, and a willingness to use shareholder activism when necessary to drive performance. Known for its concentrated portfolio structure, the TCI Master Fund maximizes alpha by targeting high-quality companies with sustainable competitive advantages and predictable free cash flow. TCI's investment strategy includes opportunistic ventures into corporate transformations and special situations. In line with its activist reputation, the firm is prepared to exert influence on company direction and governance when it deems necessary to unlock shareholder value. This assertive approach has helped cement TCI's reputation as one of the most successful and influential hedge funds in the world. A significant aspect of TCI's operations is its real estate lending business, which was launched in 2014 under the TCI Real Estate Partners Lending Funds. These funds invest alongside The Children's Investment Fund Foundation (CIFF), the philanthropic arm initially supported by the fund's profits. The lending strategy centers on first mortgage and senior secured lending for high-quality assets, with a particular focus on prime locations in major North American and European cities. This real estate arm reflects TCI's broader investment philosophy, seeking security, quality, and long-term value. As of Q4 2024, TCI managed $42.4 billion in securities across just nine core stock holdings, reflecting its highly concentrated and conviction-driven investment approach. The firm's blend of fundamental analysis, disciplined value investing, and strategic activism continues to position it as a powerful force in global capital markets. Through its unique alignment of investment and philanthropic missions, TCI also exemplifies how hedge funds can blend financial performance with broader societal impact. For this article, we searched through TCI Fund Management's Q4 2024 13F filings to identify billionaire Chris Hohn's stock picks with the highest upside potential. We compiled the equities with upside potential higher than 8% at the time of writing this article and analyzed why they stood out as sound potential investments. Finally, we ranked the stocks based on the ascending order of their upside potential. To assist readers with more context, we mentioned the hedge fund sentiment around each stock using data from 1,009 hedge funds tracked by Insider Monkey in the fourth quarter of 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 363.5% since May 2014, beating its benchmark by 208 percentage points (). A group of analysts studying data on a large monitor.S&P Global Inc. (NYSE:SPGI) is a premier provider of financial information and analytics, serving institutional investors, corporations, and government entities worldwide. Headquartered in New York City, the company delivers a comprehensive suite of services spanning credit ratings, market intelligence, commodity analytics, mobility solutions, and index development, most notably the widely followed S&P index. In the first quarter of 2025, S&P Global Inc. (NYSE:SPGI) exceeded market expectations across the board. The company reported revenue of $3.78 billion, representing an 8% year-over-year increase and beating the consensus of $3.72 billion. Earnings per share came in at $4.37, outpacing the projected $4.23 and marking a 9% increase over the prior-year period. These results were driven by solid growth across its business segments, particularly in Market Intelligence and Indices, which benefited from sustained capital market activity and increasing demand for data-driven investment tools. The firm also delivered significant margin expansion, improving operating margins by 240 basis points over the trailing twelve months. This operational efficiency reflects S&P Global Inc. (NYSE:SPGI)'s disciplined cost structure and high-margin business model. Additionally, the company returned over $900 million to shareholders through a combination of dividends and share repurchases, underlining its strong capital return policy. With a diversified revenue base, recurring income streams, and robust pricing power, S&P Global Inc. (NYSE:SPGI) continues to be a strategic asset in financial services portfolios. Its strong quarterly performance reaffirms the company's position as a high-quality compounder with dependable cash flow and earnings growth. Among Hohn's portfolio, S&P Global stands out with a notable upside potential of 15.74%, positioning it as one of the top stocks with significant growth prospects. The company has also seen increasing hedge fund interest; by the end of Q4 2024, 99 hedge funds out of 1,009 tracked by Insider Monkey held stakes in the company, up from 85 funds in the previous quarter. The total value of these holdings reached $10.52 billion, indicating rising confidence among institutional investors. Overall, SPGI ranks 5th on our list of Billionaire Chris Hohn's stock picks with huge upside potential. While we acknowledge the potential of these stock picks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SPGI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . 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