Q2 2026 · Positions as of 2026-06-30 · Filed 2026-08-14
3Y CAGR +25.0% · Estimated compounded annual growth for 2023–2025, calculated from 3 comparable reported annual returns for TCI master fund. Fee basis is not specified in the public sources. This covers 3 years, not the fund's lifetime. Calculation source 1 ↗ Calculation source 2 ↗ Calculation source 3 ↗
Returns are reported calendar-year results for the named fund or strategy, separate from 13F holdings. Research reviewed Nov 2, 2026. Holdings cover supported, ticker-matched equities.
Q2 2026 · Share of tracked equity value at quarter end
Top 8 positions represent 100.0% of tracked value. Short positions and assets outside this view are excluded.
Q1 2026 → Q2 2026 · share-count changes, including exits
Values are as reported for 2026-06-30, not today's market values. This view includes supported equity rows that Vail can match to tickers. Changes compare disclosed share counts, not fund returns or trades made between filings. Form 13F excludes short positions and many other assets.