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 |
Mondelez International
MDLZ
|
$1.82B |
Top Sells
Sector Composition
| 1 | Healthcare | 37.25% |
| 2 | Materials | 22.67% |
| 3 | Industrials | 14.35% |
| 4 | Consumer Staples | 13.02% |
| 5 | Consumer Discretionary | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Bausch Health
BHC
$2.74B
| $3.47B | 24.9% | 19,473,933 | – | – |
|
2
Air Products & Chemicals
APD
$65.5B
| $2.62B | 18.79% | 20,549,076 | – | – |
|
3
Canadian Pacific Kansas City
CP
$69.9B
| $2B | 14.35% | 13,940,890 | – | – |
|
|
4
Mondelez International
MDLZ
$79.5B
| $1.82B | 13.02% | +43,366,342 | New | +$1.82B |
|
5
Zoetis
ZTS
$69.3B
| $1.72B | 12.35% | 41,823,145 | – | – |
|
6
Restaurant Brands International
QSR
$20.8B
| $1.37B | 9.79% | 38,003,984 | – | – |
|
7
Element Solutions
ESI
$6.21B
| $541M | 3.88% | 42,737,394 | – | – |
|
8
Howard Hughes
HHH
$4.53B
| $409M | 2.93% | 3,568,017 | – | – |
|