Pershing Square Capital Management’s Zoetis ZTS Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-2,717,719	Closed	-$141M	–	9
2016 Q3	$141M	Sell	2,717,719 -18,455,469	-87%	-$934M	2.61%	9
2016 Q2	$1B	Sell	21,173,188 -20,649,957	-49%	-$976M	13.38%	5
2016 Q1	$1.85B	Hold	41,823,145	–	–	20.94%	1
2015 Q4	$2B	Hold	41,823,145	–	–	16.09%	2
2015 Q3	$1.72B	Hold	41,823,145	–	–	12.35%	5
2015 Q2	$2.02B	Hold	41,823,145	–	–	13.96%	4
2015 Q1	$1.94B	Buy	41,823,145 +253,499	+0.6%	+$11.4M	12.93%	4
2014 Q4	$1.79B	Buy	41,569,646 +36,032,784	+651%	+$1.46B	11.15%	4
2014 Q3	$205M	Buy	+5,536,862	New	+$190M	1.52%	7

Other funds holding ZTS

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

BBHC

Brown Brothers Harriman & Co New York $18.6B AUM 15.81% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

IFP

Independent Franchise Partners London, United Kingdom $14.3B AUM 3.49% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Pershing Square Capital Management's ZTS Position: Q4 2016 in Review

Pershing Square Capital Management sold out of Zoetis (ZTS) in Q4 2016, closing a stake of 2,717,719 shares — an estimated $141M sold.

Pershing Square Capital Management first reported a position in ZTS in Q3 2014 and held it in 9 quarters. The position peaked at $2.02B in Q2 2015. 692 funds tracked by Wall St. Rank hold ZTS as of Q4 2016.

Pershing Square Capital Management reported no remaining Zoetis position as of Q4 2016 after selling out during the quarter.
Pershing Square Capital Management sold 2,717,719 Zoetis shares in Q4 2016, an estimated $141M.
Pershing Square Capital Management first reported a position in Zoetis in Q3 2014 and held it in 9 quarters.
Pershing Square Capital Management's Zoetis position peaked at $2.02B in Q2 2015.
692 funds tracked by Wall St. Rank held Zoetis as of Q4 2016.

Based on Pershing Square Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.