TCI Hedge Fund Sold 4.3 Million Viacom Shares in First Quarter
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Children’s Investment Fund Management UK LLP, the London-based hedge fund run by Christopher Cooper-Hohn, sold its entire stake in Viacom Inc. in the first quarter.
TCI sold 4.3 million shares valued at $194.5 million as of March 31, according to a filing today with the U.S. Securities and Commission. The stake in the New York-based media company was TCI’s third-biggest U.S. holding at the end of 2011.