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 |
Domino's
DPZ
|
$749M |
| 2 |
Howard Hughes
HHH
|
$243M |
Top Sells
| 1 |
Starbucks
SBUX
|
$1.08B |
| 2 |
Chipotle Mexican Grill
CMG
|
$107M |
| 3 |
Lowe's Companies
LOW
|
$81.6M |
| 4 |
Restaurant Brands International
QSR
|
$72.3M |
| 5 |
Hilton Worldwide
HLT
|
$57M |
Sector Composition
| 1 | Consumer Discretionary | 73.4% |
| 2 | Healthcare | 14.35% |
| 3 | Real Estate | 12.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Lowe's Companies
LOW
$145B
| $2.27B | 21.74% | 11,958,315 -429,272 | -3% | -$81.6M |
|
|
2
Hilton Worldwide
HLT
$64.9B
| $1.56B | 14.89% | 12,878,636 -471,570 | -4% | -$57M |
|
|
3
Restaurant Brands International
QSR
$20.8B
| $1.56B | 14.87% | 23,926,652 -1,111,875 | -4% | -$72.3M |
|
|
4
Chipotle Mexican Grill
CMG
$56.5B
| $1.54B | 14.75% | 1,086,136 -75,096 | -6% | -$107M |
|
5
Agilent Technologies
A
$35.7B
| $1.5B | 14.35% | 11,804,536 -431,571 | -4% | -$54.9M |
|
|
6
Howard Hughes
HHH
$4.53B
| $1.28B | 12.25% | 13,470,008 +2,552,000 | +23% | +$243M |
|
|
7
Domino's
DPZ
$15.6B
| $749M | 7.16% | +2,035,704 | New | +$749M |
|
|
8
Starbucks
SBUX
$100B
| – | – | -10,070,042 | Closed | -$1.08B |
|