CANADIAN PACIFIC KANSAS CITY (CP) — Hedge Fund Ownership Q4 2025
CP
- CANADIAN PACIFIC KANSAS CITY (CP) is held by 7 of 81 tracked hedge funds, with Causeway Capital Management (13%) and TCI Fund Management (7%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in CP holdings came from AKO Capital (+270%) and Cantillon Capital Management (+1%), highlighting conviction.
- The biggest decreases in CP holdings came from TCI Fund Management (-4%) and Causeway Capital Management (-7%), suggesting profit-taking or de-risking.
- 1 hedge fund exited CP, led by Egerton Capital (2%).
- Overall, hedge funds decreased exposure to CANADIAN PACIFIC KANSAS CITY (CP) by -4% vs the prior quarter and -21% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Causeway Capital Management
|
12.78% | 12.6M | -6.85% | -18.36% | $928.6M | $73.71 | — |
| 2 |
TCI Fund Management
|
6.54% | 47.7M | -4.43% | -13.22% | $3.51B | $73.63 | — |
| 3 |
AKO Capital
|
3.32% | 3.0M | +269.87% | — | $217.8M | $73.63 | — |
| 4 |
Cantillon Capital Management William von Mueffling
|
1.68% | 4.2M | +0.81% | +12.96% | $309.8M | $73.63 | — |
| 5 |
Lindsell Train
|
0.06% | 30K | +5.26% | — | $2.2M | $73.63 | — |
| 6 |
Markel Group Tom Gayner
|
0.03% | 50K | +62.90% | — | $3.7M | $73.63 | — |
| 7 |
First Eagle Investment Management
|
0.00% | 3K | +2.11% | +3.75% | $185,238 | $73.62 | — |
| — |
Egerton Capital John Armitage
|
— | — | EXITED | — | — | — | — |
| 7 | Total | — | 67.5M | -4.19% | -20.56% | $4.97B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.