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 |
Zoetis
ZTS
|
$205M |
| 2 |
Canadian Pacific Kansas City
CP
|
$537K |
Top Sells
Sector Composition
| 1 | Healthcare | 39.85% |
| 2 | Materials | 26.14% |
| 3 | Industrials | 21.54% |
| 4 | Consumer Discretionary | 8.48% |
| 5 | Real Estate | 3.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
1
DELISTED
ALLERGAN INC
AGN
| $5.15B | 38.33% |
28,878,538
| – | – |
|
|
2
Canadian Pacific Kansas City
CP
$69.9B
| $2.89B | 21.54% |
13,940,890
+2,588
| +0% | +$537K |
|
3
Air Products & Chemicals
APD
$65.5B
| $2.68B | 19.93% |
20,549,076
| – | – |
|
|
BKW
4
DELISTED
BURGER KING WORLDWIDE
BKW
| $1.14B | 8.48% |
38,387,865
| – | – |
|
5
Element Solutions
ESI
$6.21B
| $834M | 6.21% |
33,333,330
| – | – |
|
6
Howard Hughes
HHH
$4.53B
| $535M | 3.99% |
3,568,017
| – | – |
|
|
7
Zoetis
ZTS
$69.3B
| $205M | 1.52% |
+5,536,862
| New | +$205M |
|