Pershing Square Capital Management’s Element Solutions ESI Stock Holding History

Pershing Square Capital Management’s Portfolio ESI Stock Details ESI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-40,451,506	Closed	-$418M	–	9
2018 Q4	$418M	Hold	40,451,506	–	–	7.01%	8
2018 Q3	$504M	Hold	40,451,506	–	–	9.68%	6
2018 Q2	$469M	Hold	40,451,506	–	–	8.08%	7
2018 Q1	$390M	Hold	40,451,506	–	–	8.06%	5
2017 Q4	$401M	Hold	40,451,506	–	–	6.83%	6
2017 Q3	$451M	Hold	40,451,506	–	–	8.82%	6
2017 Q2	$513M	Hold	40,451,506	–	–	8.53%	5
2017 Q1	$527M	Hold	40,451,506	–	–	8.84%	4
2016 Q4	$397M	Sell	40,451,506 -2,285,888	-5%	-$19.5M	6.71%	6
2016 Q3	$347M	Hold	42,737,394	–	–	6.4%	7
2016 Q2	$380M	Hold	42,737,394	–	–	5.05%	8
2016 Q1	$368M	Hold	42,737,394	–	–	4.15%	8
2015 Q4	$548M	Hold	42,737,394	–	–	4.4%	7
2015 Q3	$541M	Hold	42,737,394	–	–	3.88%	7
2015 Q2	$1.09B	Hold	42,737,394	–	–	7.57%	6
2015 Q1	$1.1B	Hold	42,737,394	–	–	7.33%	6
2014 Q4	$992M	Buy	42,737,394 +9,404,064	+28%	+$233M	6.19%	6
2014 Q3	$834M	Hold	33,333,330	–	–	6.21%	5
2014 Q2	$934M	Hold	33,333,330	–	–	7.42%	5
2014 Q1	$635M	Buy	+33,333,330	New	+$604M	7.58%	5

Other funds holding ESI

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BCM

Bares Capital Management Austin, Texas $1.08B AUM 38.13% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

GCM

Glenview Capital Management New York $3.98B AUM 20.52% 1-Year Est. Return

Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return

GCM

Gates Capital Management New York $3.66B AUM 12.63% 1-Year Est. Return

Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return

Pershing Square Capital Management's ESI Position: Q1 2019 in Review

Pershing Square Capital Management sold out of Element Solutions (ESI) in Q1 2019, closing a stake of 40,451,506 shares — an estimated $418M sold.

Pershing Square Capital Management first reported a position in ESI in Q1 2014 and held it in 20 quarters. The position peaked at $1.1B in Q1 2015. 207 funds tracked by Wall St. Rank hold ESI as of Q1 2019.

Pershing Square Capital Management reported no remaining Element Solutions position as of Q1 2019 after selling out during the quarter.
Pershing Square Capital Management sold 40,451,506 Element Solutions shares in Q1 2019, an estimated $418M.
Pershing Square Capital Management first reported a position in Element Solutions in Q1 2014 and held it in 20 quarters.
Pershing Square Capital Management's Element Solutions position peaked at $1.1B in Q1 2015.
207 funds tracked by Wall St. Rank held Element Solutions as of Q1 2019.

Based on Pershing Square Capital Management's 13F filing for Q1 2019, filed 15 May 2019.