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 |
Restaurant Brands International
QSR
|
$548M |
| 2 |
Lowe's Companies
LOW
|
$61.7M |
Top Sells
| 1 |
Berkshire Hathaway Class B
BRK.B
|
$997M |
| 2 |
Howard Hughes
HHH
|
$66.5M |
| 3 |
Blackstone
BX
|
$25M |
| 4 |
Park Hotels & Resorts
PK
|
$5.36M |
Sector Composition
| 1 | Consumer Discretionary | 78.29% |
| 2 | Healthcare | 14.39% |
| 3 | Real Estate | 7.32% |
| 4 | Financials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Lowe's Companies
LOW
$145B
| $1.72B | 22.15% | 12,708,853 +456,439 | +4% | +$61.7M |
|
|
2
Restaurant Brands International
QSR
$20.8B
| $1.37B | 17.7% | 25,119,016 +10,034,712 | +67% | +$548M |
|
3
Chipotle Mexican Grill
CMG
$56.5B
| $1.22B | 15.76% | 1,161,232 | – | – |
|
4
Agilent Technologies
A
$35.7B
| $1.12B | 14.39% | 12,626,593 | – | – |
|
5
Hilton Worldwide
HLT
$64.9B
| $1.01B | 13.06% | 13,789,589 | – | – |
|
6
Starbucks
SBUX
$100B
| $746M | 9.62% | 10,131,008 | – | – |
|
|
7
Howard Hughes
HHH
$4.53B
| $567M | 7.32% | 10,918,008 -1,279,381 | -10% | -$66.5M |
|
|
8
Berkshire Hathaway Class B
BRK.B
$1.09T
| – | – | -5,453,360 | Closed | -$997M |
|
|
9
Blackstone
BX
$134B
| – | – | -548,526 | Closed | -$25M |
|
|
10
Park Hotels & Resorts
PK
$2.35B
| – | – | -677,888 | Closed | -$5.36M |
|