TCI
Transcontinental Realty Investors, Inc.
stock NYSE

Hey everyone! As a full time corporate lawyer with 0 time to do deep analysis, I like to look at the spot US holdings of long-only concentrated funds. In the spirit of sharing knowledge, I thought it might be a good idea to share the list of investors I follow, as well as their bios (these, and portfolio data of each of these funds can be found on our website). Hopefully its useful, as it took quite a bit of time to research and gather! (ChatGPT hallucinations be dammed!).
I'd love if you guys could add to the list, or call out anything inaccurate / anything we missed. We'd be happy to include these on our website for all of you to track. I tend to focus on people who trade primarily in the US, don't short / play derivatives and are fundamental investors with a long holding period (as opposed to quantitative investors), so that 13F delay doesn't affect the validity of the data too much.
Happy investing!

[**David Tepper, founder of Appaloosa Management**](https://olympus-trade.com/dashboard/appaloosa-lp), is famous for betting big on distressed financial stocks during the 2008 crisis, including Bank of America and Citigroup 💥. His bold plays paid off with a 132% return in 2009, when others fled the market. Known for turning market panic into profit, Tepper's fund has delivered an average annual return of 30% since inception. 📈
[**Stanley Druckenmiller, founder of Duquesne Capital**,](https://olympus-trade.com/dashboard/duquesne-family-office-llc) famously shorted the British pound in 1992, earning $1 billion with George Soros during "Black Wednesday" 💰. With a 30-year track record of average annual returns of 30% and zero down years at Duquesne, Druckenmiller’s success comes from making massive, high-conviction bets on global macro trends 📈.

[**George Soros, founder of Soros Fund Management**](https://olympus-trade.com/dashboard/soros-capital-management-llc)**,** made history with his $1 billion profit by shorting the British pound in 1992, triggering "Black Wednesday" 💰. His bold macro trades have consistently delivered high returns, with the Quantum Fund achieving an average annual return of 30% over three decades 📈.
[**Michael Burry of Scion Asset Management** ](https://olympus-trade.com/dashboard/scion-asset-mgmt)was a medical doctor with a degree from Vanderbilt University School of Medicine 🩺. While completing his medical residency, he ran a stock-picking blog that caught the attention of hedge funds. Burry then founded Scion Asset Management and famously predicted the 2008 housing crash, profiting over $700 million by shorting subprime mortgages 📉.
[**Chuck Akre's**](https://olympus-trade.com/dashboard/akre-capital-management-llc) investment success includes early bets on companies like American Tower (AMT), where he bought shares for $0.80 during its IPO in 1998—now trading at around $230 📈. Another standout is his stake in Berkshire Hathaway, which he first purchased in 1977 at $120 per share. Despite selling most of it early, the remaining share multiplied in value by over 3,900x.
[**Warren Buffett, \[Ex-CEO\] of Berkshire Hathaway**](https://olympus-trade.com/dashboard/berkshire-hathaway), has generated 20% average annual returns for over five decades, amassing a personal net worth exceeding $100 billion 💰. His legendary investments include Coca-Cola, Apple, and American Express, each reflecting his value investing philosophy: buy businesses with strong fundamentals and hold for the long term 📈. Known for patience and a focus on compounding, Buffett has turned Berkshire Hathaway into a powerhouse, delivering returns that have consistently outpaced the S&P 500.
[**Bill Ackman, founder of Pershing Square Capital Management**](https://olympus-trade.com/dashboard/pershing-square), is known for his bold, high-stakes activist investing style. He’s delivered 16% average annual returns since launching the fund, with some of his most successful plays including a $2.6 billion profit from hedging the 2020 market crash and long-term investments in companies like Chipotle and Howard Hughes Corp 📈. Ackman specializes in identifying undervalued companies and advocating for strategic changes to maximize shareholder value 💼.
[**David Abrams (Abrams Capital Management)**](https://olympus-trade.com/dashboard/abrams-capital) has achieved remarkable success with his long-term investments through Abrams Capital Management, delivering 15% average annual returns since 1999. One of his key successes was his stake in Lithia Motors, which grew from around $50 per share in 2014 to over $300 per share by 2021, offering a significant multi-fold return 📈. His investment in Western Union was similarly strategic, capitalizing on its consistent cash flow despite being undervalued by the market at the time 📊. Abrams’ patient, long-term approach continues to yield impressive results.
[**Terry Smith, founder of Fundsmith**,](https://olympus-trade.com/dashboard/fundsmith) has achieved outstanding success with long-term investments. For example, Microsoft has risen from around $25 per share in 2010 to over $300 per share by 2023, delivering massive returns. PepsiCo has grown from $65 per share in 2010 to around $180 per share, while L’Oréal has surged from €80 in 2010 to over €400. Fundsmith Equity Fund has delivered annualized returns of over 15% since inception, significantly outperforming the market 📊.
[**John Armitage, co-founder of Egerton Capital**](https://olympus-trade.com/dashboard/egerton-capital-llp)**,** has delivered impressive long-term results with annualized returns around 15% since 1994. His notable investments include Microsoft, which grew from around $30 per share in 2013 to over $300 by 2023, Visa, which surged from $40 per share in 2010 to over $240, and Amazon, rising from $300 per share in 2015 to over $3,000 at its peak 📈. Armitage’s disciplined stock picking has helped Egerton manage over $20 billion in assets.
[**Chris Hohn, founder of The Children's Investment Fund (TCI)**](https://olympus-trade.com/dashboard/tci-fund-management-ltd), is known for his hard-hitting activist style and philanthropy. With annualized returns of around 18% since 2004, TCI has outperformed many peers. Hohn’s long-term investments include Google, where the stock rose from $500 in 2014 to over $2,000 by 2021, and Canadian Pacific Railway, which doubled in value during his holding period 📈. Hohn uses his profits to fund climate initiatives, cementing his reputation as both an investor and philanthropist 🌍.

Hey everyone! As a full time corporate lawyer with 0 time to do deep analysis, I like to look at the spot US holdings of long-only concentrated funds. In the spirit of sharing knowledge, I thought it might be a good idea to share the list of investors I follow, as well as their bios (these, and portfolio data of each of these funds can be found on our website). Hopefully its useful, as it took quite a bit of time to research and gather! (ChatGPT hallucinations be dammed!).
I'd love if you guys could add to the list, or call out anything inaccurate / anything we missed. We'd be happy to include these on our website for all of you to track. I tend to focus on people who trade primarily in the US, don't short / play derivatives and are fundamental investors with a long holding period (as opposed to quantitative investors), so that 13F delay doesn't affect the validity of the data too much.
Happy investing!

[**David Tepper, founder of Appaloosa Management**](https://olympus-trade.com/dashboard/appaloosa-lp), is famous for betting big on distressed financial stocks during the 2008 crisis, including Bank of America and Citigroup 💥. His bold plays paid off with a 132% return in 2009, when others fled the market. Known for turning market panic into profit, Tepper's fund has delivered an average annual return of 30% since inception. 📈
[**Stanley Druckenmiller, founder of Duquesne Capital**,](https://olympus-trade.com/dashboard/duquesne-family-office-llc) famously shorted the British pound in 1992, earning $1 billion with George Soros during "Black Wednesday" 💰. With a 30-year track record of average annual returns of 30% and zero down years at Duquesne, Druckenmiller’s success comes from making massive, high-conviction bets on global macro trends 📈.

[**George Soros, founder of Soros Fund Management**](https://olympus-trade.com/dashboard/soros-capital-management-llc)**,** made history with his $1 billion profit by shorting the British pound in 1992, triggering "Black Wednesday" 💰. His bold macro trades have consistently delivered high returns, with the Quantum Fund achieving an average annual return of 30% over three decades 📈.
[**Michael Burry of Scion Asset Management** ](https://olympus-trade.com/dashboard/scion-asset-mgmt)was a medical doctor with a degree from Vanderbilt University School of Medicine 🩺. While completing his medical residency, he ran a stock-picking blog that caught the attention of hedge funds. Burry then founded Scion Asset Management and famously predicted the 2008 housing crash, profiting over $700 million by shorting subprime mortgages 📉.
[**Chuck Akre's**](https://olympus-trade.com/dashboard/akre-capital-management-llc) investment success includes early bets on companies like American Tower (AMT), where he bought shares for $0.80 during its IPO in 1998—now trading at around $230 📈. Another standout is his stake in Berkshire Hathaway, which he first purchased in 1977 at $120 per share. Despite selling most of it early, the remaining share multiplied in value by over 3,900x.
[**Warren Buffett, \[Ex-CEO\] of Berkshire Hathaway**](https://olympus-trade.com/dashboard/berkshire-hathaway), has generated 20% average annual returns for over five decades, amassing a personal net worth exceeding $100 billion 💰. His legendary investments include Coca-Cola, Apple, and American Express, each reflecting his value investing philosophy: buy businesses with strong fundamentals and hold for the long term 📈. Known for patience and a focus on compounding, Buffett has turned Berkshire Hathaway into a powerhouse, delivering returns that have consistently outpaced the S&P 500.
[**Bill Ackman, founder of Pershing Square Capital Management**](https://olympus-trade.com/dashboard/pershing-square), is known for his bold, high-stakes activist investing style. He’s delivered 16% average annual returns since launching the fund, with some of his most successful plays including a $2.6 billion profit from hedging the 2020 market crash and long-term investments in companies like Chipotle and Howard Hughes Corp 📈. Ackman specializes in identifying undervalued companies and advocating for strategic changes to maximize shareholder value 💼.
[**David Abrams (Abrams Capital Management)**](https://olympus-trade.com/dashboard/abrams-capital) has achieved remarkable success with his long-term investments through Abrams Capital Management, delivering 15% average annual returns since 1999. One of his key successes was his stake in Lithia Motors, which grew from around $50 per share in 2014 to over $300 per share by 2021, offering a significant multi-fold return 📈. His investment in Western Union was similarly strategic, capitalizing on its consistent cash flow despite being undervalued by the market at the time 📊. Abrams’ patient, long-term approach continues to yield impressive results.
[**Terry Smith, founder of Fundsmith**,](https://olympus-trade.com/dashboard/fundsmith) has achieved outstanding success with long-term investments. For example, Microsoft has risen from around $25 per share in 2010 to over $300 per share by 2023, delivering massive returns. PepsiCo has grown from $65 per share in 2010 to around $180 per share, while L’Oréal has surged from €80 in 2010 to over €400. Fundsmith Equity Fund has delivered annualized returns of over 15% since inception, significantly outperforming the market 📊.
[**John Armitage, co-founder of Egerton Capital**](https://olympus-trade.com/dashboard/egerton-capital-llp)**,** has delivered impressive long-term results with annualized returns around 15% since 1994. His notable investments include Microsoft, which grew from around $30 per share in 2013 to over $300 by 2023, Visa, which surged from $40 per share in 2010 to over $240, and Amazon, rising from $300 per share in 2015 to over $3,000 at its peak 📈. Armitage’s disciplined stock picking has helped Egerton manage over $20 billion in assets.
[**Chris Hohn, founder of The Children's Investment Fund (TCI)**](https://olympus-trade.com/dashboard/tci-fund-management-ltd), is known for his hard-hitting activist style and philanthropy. With annualized returns of around 18% since 2004, TCI has outperformed many peers. Hohn’s long-term investments include Google, where the stock rose from $500 in 2014 to over $2,000 by 2021, and Canadian Pacific Railway, which doubled in value during his holding period 📈. Hohn uses his profits to fund climate initiatives, cementing his reputation as both an investor and philanthropist 🌍.