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 |
Lowe's Companies
LOW
|
$737M |
| 2 |
RTX Corp
RTX
|
$325M |
| 3 |
Mondelez International
MDLZ
|
$8.82M |
Top Sells
| 1 |
Automatic Data Processing
ADP
|
$499M |
| 2 |
Restaurant Brands International
QSR
|
$210M |
Sector Composition
| 1 | Consumer Discretionary | 55.78% |
| 2 | Consumer Staples | 11.56% |
| 3 | Industrials | 9.78% |
| 4 | Technology | 9.76% |
| 5 | Materials | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Restaurant Brands International
QSR
$20.8B
| $1.26B | 21.65% | 20,843,919 -3,476,376 | -14% | -$210M |
|
2
Chipotle Mexican Grill
CMG
$56.5B
| $1.24B | 21.42% | 2,882,463 | – | – |
|
|
3
Lowe's Companies
LOW
$145B
| $737M | 12.7% | +7,715,501 | New | +$737M |
|
|
4
Mondelez International
MDLZ
$79.5B
| $671M | 11.56% | 16,371,713 +215,122 | +1% | +$8.82M |
|
|
5
RTX Corp
RTX
$212B
| $568M | 9.78% | 4,540,615 +2,596,195 | +134% | +$325M |
|
|
6
Automatic Data Processing
ADP
$123B
| $567M | 9.76% | 4,225,365 -3,716,592 | -47% | -$499M |
|
7
Element Solutions
ESI
$6.21B
| $469M | 8.08% | 40,451,506 | – | – |
|
8
Howard Hughes
HHH
$4.53B
| $292M | 5.03% | 2,204,534 | – | – |
|