Bill Ackman Pershing Square Capital Management
Bill Ackman is the founder and CEO of Pershing Square Capital Management, a New York–based hedge fund. He employs an activist investing approach, seeking to influence the management and direction of the publicly traded companies in which he invests. Frequently in the public eye, Ackman has been noted for both high-profile successes and controversies, such as his well-known short position in Herbalife.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$413K |
| 2 |
BKW
BURGER KING WORLDWIDE
BKW
|
+$325K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Pacific Kansas City
CP
|
+$859M |
| 2 |
GGP
GGP Inc.
GGP
|
+$166M |
| 3 |
Procter & Gamble
PG
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 31.55% |
| 2 | Materials | 27.91% |
| 3 | Consumer Staples | 17.95% |
| 4 | Real Estate | 11.94% |
| 5 | Consumer Discretionary | 10.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Canadian Pacific Kansas City
CP
$81.9B
| $2.6B | 31.55% |
85,799,440
-29,826,520
| -26% | -$859M |
2013 Q2
2 quarters
|
|
|
2
Air Products & Chemicals
APD
$70.5B
| $2.3B | 27.91% |
22,213,551
+4,099
| +0% | +$413K |
2013 Q2
2 quarters
|
|
3
DELISTED
BEAM INC COM STK (DE)
BEAM
| $1.42B | 17.21% |
20,818,545
| – | – |
2013 Q2
2 quarters
|
|
|
BKW
4
DELISTED
BURGER KING WORLDWIDE
BKW
| $878M | 10.66% |
38,387,865
+15,745
| +0% | +$325K |
2013 Q2
2 quarters
|
|
|
GGP
5
DELISTED
GGP Inc.
GGP
| $554M | 6.74% |
27,624,282
-8,056,900
| -23% | -$166M |
2013 Q2
2 quarters
|
|
6
Howard Hughes
HHH
$4.96B
| $429M | 5.21% |
3,742,850
| – | – |
2013 Q2
2 quarters
|
|
|
7
Procter & Gamble
PG
$394B
| $60.2M | 0.73% |
739,605
-1,384,288
| -65% | -$113M |
2013 Q2
2 quarters
|
|
|
8
CALL
Procter & Gamble
PG
$394B
| – | – |
-25,000,000
| Closed | -$1.89B | – |
|
Similar funds
Bill Ackman's Q4 2013 Portfolio in Review
As of Q4 2013, Bill Ackman held 8 positions worth $8.23B, down 20% from $10.3B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Bill Ackman withdrew a net $1.14B in Q4 2013, closing 1 position and reducing 3 holdings. Its largest reduction was Canadian Pacific Kansas City, cutting an estimated $859M.
By sector, the portfolio is most concentrated in Industrials at 32% of assets, up from 28% a quarter earlier, followed by Materials and Consumer Staples.
Against the trend, Bill Ackman added an estimated $413K to Air Products & Chemicals.
- Bill Ackman added most to Air Products & Chemicals in Q4 2013, an estimated $413K increase.
- Bill Ackman's biggest Q4 2013 reduction was Canadian Pacific Kansas City, cutting an estimated $859M.
- Bill Ackman's ten largest holdings make up 100% of its $8.23B portfolio in Q4 2013.
- Bill Ackman opened 0 new positions and closed 1 in Q4 2013.
- Bill Ackman's portfolio value fell 20% quarter-over-quarter to $8.23B.
Based on Pershing Square Capital Management's 13F filing for Q4 2013, filed 14 Feb 2014.