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 |
Brookfield
BN
|
+$1.23B |
| 2 |
Nike
NKE
|
+$1.04B |
| 3 |
SEG
Seaport Entertainment Group
SEG
|
+$59.6M |
| 4 |
SEG.RT
Seaport Entertainment Group Inc. Rights (expiring October 10, 2024)
SEG.RT
|
+$6.03M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hilton Worldwide
HLT
|
+$342M |
| 2 |
Howard Hughes
HHH
|
+$65.2M |
| 3 |
Restaurant Brands International
QSR
|
+$9.95M |
| 4 |
Canadian Pacific Kansas City
CP
|
+$7.23M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 49.99% |
| 2 | Communication Services | 14.89% |
| 3 | Financials | 13.47% |
| 4 | Real Estate | 11.75% |
| 5 | Industrials | 9.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Brookfield
BN
$110B
| $1.74B | 13.47% |
49,103,825
+38,822,060
| +378% | +$1.23B |
|
|
2
Hilton Worldwide
HLT
$70.8B
| $1.7B | 13.15% |
7,370,168
-1,582,122
| -18% | -$342M |
|
3
Chipotle Mexican Grill
CMG
$40.5B
| $1.66B | 12.85% |
28,815,165
| – | – |
|
|
4
Restaurant Brands International
QSR
$25.6B
| $1.66B | 12.84% |
23,000,914
-141,628
| -0.6% | -$9.95M |
|
|
5
Howard Hughes
HHH
$4B
| $1.46B | 11.3% |
18,852,064
-923,751
| -5% | -$65.2M |
|
|
6
Nike
NKE
$61.3B
| $1.44B | 11.14% |
16,280,338
+13,240,206
| +436% | +$1.04B |
|
|
7
Canadian Pacific Kansas City
CP
$80.8B
| $1.27B | 9.85% |
14,877,651
-87,990
| -0.6% | -$7.23M |
|
8
Alphabet (Google) Class C
GOOG
$4.19T
| $1.26B | 9.77% |
7,547,582
| – | – |
|
|
9
Alphabet (Google) Class A
GOOGL
$4.2T
| $661M | 5.12% |
3,986,488
| – | – |
|
|
SEG
10
Seaport Entertainment Group
SEG
$374M
| $57.4M | 0.44% |
+2,094,673
| New | +$59.6M |
|
|
SEG.RT
11
DELISTED
Seaport Entertainment Group Inc. Rights (expiring October 10, 2024)
SEG.RT
| $6.18M | 0.05% |
+2,094,673
| New | +$6.03M |
|
Similar funds
Bill Ackman's Q3 2024 Portfolio in Review
As of Q3 2024, Bill Ackman held 11 positions worth $12.9B, up 24% from $10.4B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Bill Ackman deployed $1.9B of net new capital in Q3 2024, opening 2 new positions and adding to 2 existing holdings. Its largest new stake was Seaport Entertainment Group: 2,094,673 shares worth $57.4M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 50% of assets, down from 54% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Hilton Worldwide, an estimated $342M trimmed.
- Bill Ackman's largest Q3 2024 buy was Seaport Entertainment Group: 2,094,673 shares worth $57.4M.
- Bill Ackman added most to Brookfield in Q3 2024, an estimated $1.23B increase.
- Bill Ackman's biggest Q3 2024 reduction was Hilton Worldwide, cutting an estimated $342M.
- Bill Ackman's ten largest holdings make up 100% of its $12.9B portfolio in Q3 2024.
- Bill Ackman opened 2 new positions and closed 0 in Q3 2024.
- Bill Ackman's portfolio value rose 24% quarter-over-quarter to $12.9B.
Based on Pershing Square Capital Management's 13F filing for Q3 2024, filed 14 Nov 2024.