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
Top Sells
| 1 |
Zoetis
ZTS
|
$980M |
| 2 |
Canadian Pacific Kansas City
CP
|
$528M |
Sector Composition
| 1 | Consumer Discretionary | 21.68% |
| 2 | Materials | 19.42% |
| 3 | Healthcare | 19.16% |
| 4 | Consumer Staples | 17.44% |
| 5 | Industrials | 16.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Restaurant Brands International
QSR
$20.8B
| $1.63B | 21.68% | 39,150,551 | – | – |
|
|
2
Canadian Pacific Kansas City
CP
$69.9B
| $1.27B | 16.87% | 9,840,890 -4,100,000 | -29% | -$528M |
|
3
Air Products & Chemicals
APD
$65.5B
| $1.08B | 14.37% | 7,601,140 | – | – |
|
4
Mondelez International
MDLZ
$79.5B
| $1.04B | 13.9% | 22,942,225 | – | – |
|
|
5
Zoetis
ZTS
$69.3B
| $1B | 13.38% | 21,173,188 -20,649,957 | -49% | -$980M |
|
6
Bausch Health
BHC
$2.74B
| $435M | 5.79% | 21,591,122 | – | – |
|
7
Howard Hughes
HHH
$4.53B
| $408M | 5.43% | 3,568,017 | – | – |
|
8
Element Solutions
ESI
$6.21B
| $380M | 5.05% | 42,737,394 | – | – |
|
9
Nomad Foods
NOMD
$2.33B
| $266M | 3.54% | 33,333,334 | – | – |
|