TCI Fund Management — V

How TCI Fund Management's position in Visa Inc. changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	30,468,133	$9,208,688,518	20.39%	ADD
Q4 2025	27,724,233	$9,723,165,755	18.12%	NEW