Pershing Square Capital Management Portfolio holdings
Pershing Square Capital Management, L.P., founded in 2004 by Bill Ackman and headquartered in New York City, is a prominent American hedge fund known for its concentrated, activist investment approach, managing over $18 billion in assets as of recent years. Starting with $54 million from Ackman’s personal funds and a seed investment from Leucadia National, the firm focuses on acquiring significant stakes in a small portfolio of large-cap North American companies, often pushing for operational and governance changes to unlock shareholder value, as seen in high-profile campaigns targeting Wendy’s, McDonald’s, and Herbalife. In 2014, Ackman launched Pershing Square Holdings, a closed-end fund listed on Euronext Amsterdam and the London Stock Exchange, raising $3 billion in its IPO, providing a permanent capital base to support its long-term strategies. Renowned for bold moves—like a $2.6 billion profit betting on a market crash in 2020—and a research-intensive, value-driven philosophy, Pershing Square has solidified its reputation as a formidable player in the investment world under Ackman’s leadership.
Top Buys
| 1 | +$1.28B | |
| 2 | +$163M | |
| 3 | +$9.63M | |
| 4 |
Hilton Worldwide
HLT
|
+$7.94M |
| 5 |
Hertz
HTZ
|
+$1.65M |
Sector Composition
| 1 | Consumer Discretionary | 35.1% |
| 2 | Technology | 20.59% |
| 3 | Financials | 18.54% |
| 4 | Communication Services | 15.06% |
| 5 | Real Estate | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Uber
UBER
$197B
| $2.83B | 20.59% |
30,301,161
|
|
||
2
Brookfield
BN
$102B
| $2.55B | 18.54% |
41,160,397
+155,740
|
|
||
3
Restaurant Brands International
QSR
$22.1B
| $1.52B | 11.11% |
23,000,914
|
|
||
4
Amazon
AMZN
$2.36T
| $1.28B | 9.31% |
+5,823,316
|
|
||
5
Howard Hughes
HHH
$4.83B
| $1.27B | 9.27% |
18,852,064
|
|
||
6
Chipotle Mexican Grill
CMG
$56B
| $1.21B | 8.81% |
21,541,177
|
|
||
7
Alphabet (Google) Class C
GOOG
$3.07T
| $1.12B | 8.17% |
6,324,031
|
|
||
|
8
Alphabet (Google) Class A
GOOGL
$3.06T
| $945M | 6.88% |
5,362,980
+925,000
|
|
||
|
9
Hilton Worldwide
HLT
$62.9B
| $807M | 5.88% |
3,030,578
+29,808
|
|
||
|
10
Hertz
HTZ
$1.61B
| $104M | 0.76% |
15,241,127
+241,127
|
|
||
|
SEG
11
Seaport Entertainment Group
SEG
$313M
| $93.7M | 0.68% |
5,023,780
|
|
||
12
Canadian Pacific Kansas City
CP
$69.7B
| – | – |
-14,799,796
|
|