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 |
Agilent Technologies
A
|
$672M |
| 2 |
Howard Hughes
HHH
|
$505M |
| 3 |
Lowe's Companies
LOW
|
$313M |
| 4 |
Starbucks
SBUX
|
$307M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$263M |
Top Sells
| 1 |
Chipotle Mexican Grill
CMG
|
$368M |
Sector Composition
| 1 | Consumer Discretionary | 61.24% |
| 2 | Financials | 15.55% |
| 3 | Healthcare | 13.76% |
| 4 | Real Estate | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Lowe's Companies
LOW
$145B
| $1.05B | 16.04% |
12,252,414
+3,639,202
| +42% | +$313M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.09T
| $997M | 15.17% |
5,453,360
+1,437,766
| +36% | +$263M |
|
3
Hilton Worldwide
HLT
$64.9B
| $941M | 14.32% |
13,789,589
+3,232,784
| +31% | +$221M |
|
|
4
Agilent Technologies
A
$35.7B
| $904M | 13.76% |
12,626,593
+9,378,479
| +289% | +$672M |
|
|
5
Chipotle Mexican Grill
CMG
$56.5B
| $760M | 11.56% |
1,161,232
-563,078
| -33% | -$368M |
|
|
6
Starbucks
SBUX
$100B
| $666M | 10.13% |
10,131,008
+4,673,054
| +86% | +$307M |
|
|
7
Howard Hughes
HHH
$4.53B
| $616M | 9.37% |
12,197,389
+10,000,000
| +455% | +$505M |
|
8
Restaurant Brands International
QSR
$20.8B
| $604M | 9.19% |
15,084,304
| – | – |
|
9
Blackstone
BX
$134B
| $25M | 0.38% |
+548,526
| New | +$25M |
|
10
Park Hotels & Resorts
PK
$2.35B
| $5.36M | 0.08% |
+677,888
| New | +$5.36M |
|