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 |
Canadian Pacific Kansas City
CP
|
$2.93B |
| 2 |
GGP
GGP Inc.
GGP
|
$1.35B |
| 3 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
$1.31B |
| 4 |
Air Products & Chemicals
APD
|
$924M |
| 5 |
BKW
BURGER KING WORLDWIDE
BKW
|
$749M |
Top Sells
Sector Composition
| 1 | Industrials | 32.54% |
| 2 | Consumer Staples | 22.18% |
| 3 | Real Estate | 19.35% |
| 4 | Consumer Discretionary | 15.69% |
| 5 | Materials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Canadian Pacific Kansas City
CP
$69.9B
| $2.93B | 26.78% | +24,159,888 | New | +$2.93B |
|
|
GGP
2
DELISTED
GGP Inc.
GGP
| $1.35B | 12.3% | +67,789,157 | New | +$1.35B |
|
|
BEAM
3
DELISTED
BEAM INC COM STK (DE)
BEAM
| $1.31B | 12% | +20,818,545 | New | +$1.31B |
|
|
4
Air Products & Chemicals
APD
$65.5B
| $924M | 8.44% | +10,095,708 | New | +$924M |
|
|
BKW
5
DELISTED
BURGER KING WORLDWIDE
BKW
| $749M | 6.84% | +38,372,120 | New | +$749M |
|
6
Procter & Gamble
PG
$368B
| $688M | 6.28% | +8,940,133 | New | +$688M |
|
|
JCP
7
DELISTED
J.C. Penney Company, Inc.
JCP
| $667M | 6.09% | +39,075,771 | New | +$667M |
|
8
Howard Hughes
HHH
$4.53B
| $400M | 3.65% | +3,568,017 | New | +$400M |
|
9
Matsons
MATX
$3.31B
| $5.07M | 0.05% | +202,913 | New | +$5.07M |
|