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 |
Air Products & Chemicals
APD
|
$424K |
| 2 |
BKW
BURGER KING WORLDWIDE
BKW
|
$360K |
Top Sells
| 1 |
Canadian Pacific Kansas City
CP
|
$903M |
| 2 |
GGP
GGP Inc.
GGP
|
$162M |
| 3 |
Procter & Gamble
PG
|
$113M |
Sector Composition
| 1 | Industrials | 31.55% |
| 2 | Materials | 27.91% |
| 3 | Consumer Staples | 17.95% |
| 4 | Real Estate | 11.94% |
| 5 | Consumer Discretionary | 10.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Canadian Pacific Kansas City
CP
$69.9B
| $2.6B | 31.55% |
17,159,888
-5,965,304
| -26% | -$903M |
|
|
2
Air Products & Chemicals
APD
$65.5B
| $2.3B | 27.91% |
20,549,076
+3,792
| +0% | +$424K |
|
|
BEAM
3
DELISTED
BEAM INC COM STK (DE)
BEAM
| $1.42B | 17.21% |
20,818,545
| – | – |
|
|
BKW
4
DELISTED
BURGER KING WORLDWIDE
BKW
| $878M | 10.66% |
38,387,865
+15,745
| +0% | +$360K |
|
|
GGP
5
DELISTED
GGP Inc.
GGP
| $554M | 6.74% |
27,624,282
-8,056,900
| -23% | -$162M |
|
6
Howard Hughes
HHH
$4.53B
| $429M | 5.21% |
3,568,017
| – | – |
|
|
7
Procter & Gamble
PG
$368B
| $60.2M | 0.73% |
739,605
-1,384,288
| -65% | -$113M |
|