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 |
RTX Corp
RTX
|
$31.1M |
| 2 |
Hilton Worldwide
HLT
|
$1.56M |
Top Sells
| 1 |
Element Solutions
ESI
|
$418M |
| 2 |
Starbucks
SBUX
|
$131M |
| 3 |
Restaurant Brands International
QSR
|
$87.4M |
| 4 |
Chipotle Mexican Grill
CMG
|
$55.5M |
| 5 |
Lowe's Companies
LOW
|
$24.3M |
Sector Composition
| 1 | Consumer Discretionary | 77.29% |
| 2 | Industrials | 11.17% |
| 3 | Technology | 9.58% |
| 4 | Real Estate | 1.96% |
| 5 | Materials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Chipotle Mexican Grill
CMG
$56.5B
| $1.32B | 19.7% |
1,862,710
-78,089
| -4% | -$55.5M |
|
|
2
Restaurant Brands International
QSR
$20.8B
| $1.19B | 17.78% |
18,342,703
-1,342,899
| -7% | -$87.4M |
|
|
3
Lowe's Companies
LOW
$145B
| $1.02B | 15.18% |
9,315,033
-221,558
| -2% | -$24.3M |
|
|
4
Hilton Worldwide
HLT
$64.9B
| $911M | 13.57% |
10,966,251
+18,772
| +0.2% | +$1.56M |
|
|
5
RTX Corp
RTX
$212B
| $750M | 11.17% |
5,819,203
+241,000
| +4% | +$31.1M |
|
|
6
Starbucks
SBUX
$100B
| $743M | 11.06% |
9,994,049
-1,760,392
| -15% | -$131M |
|
7
Automatic Data Processing
ADP
$123B
| $644M | 9.58% |
4,029,526
-40,600
| -1% | -$6.49M |
|
8
Howard Hughes
HHH
$4.53B
| $131M | 1.96% |
1,194,793
-38,796
| -3% | -$4.27M |
|
|
9
Element Solutions
ESI
$6.21B
| – | – |
-40,451,506
| Closed | -$418M |
|