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 |
Netflix
NFLX
|
$1.16B |
| 2 |
Canadian Pacific Kansas City
CP
|
$10.8M |
Top Sells
| 1 |
Hilton Worldwide
HLT
|
$401M |
| 2 |
Domino's
DPZ
|
$9.84M |
| 3 |
Lowe's Companies
LOW
|
$5.9M |
| 4 |
Restaurant Brands International
QSR
|
$4.24M |
Sector Composition
| 1 | Consumer Discretionary | 72.87% |
| 2 | Real Estate | 13.58% |
| 3 | Communication Services | 11.21% |
| 4 | Industrials | 2.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Lowe's Companies
LOW
$145B
| $2.06B | 19.86% |
10,207,306
-29,165
| -0.3% | -$5.9M |
|
2
Chipotle Mexican Grill
CMG
$56.5B
| $1.76B | 16.97% |
1,114,725
| – | – |
|
|
3
Hilton Worldwide
HLT
$64.9B
| $1.51B | 14.53% |
9,952,287
-2,642,049
| -21% | -$401M |
|
4
Howard Hughes
HHH
$4.53B
| $1.41B | 13.58% |
13,620,164
| – | – |
|
|
5
Restaurant Brands International
QSR
$20.8B
| $1.39B | 13.41% |
23,864,631
-72,617
| -0.3% | -$4.24M |
|
|
6
Netflix
NFLX
$513B
| $1.16B | 11.21% |
+3,109,965
| New | +$1.16B |
|
|
7
Domino's
DPZ
$15.6B
| $842M | 8.1% |
2,068,031
-24,171
| -1% | -$9.84M |
|
|
8
Canadian Pacific Kansas City
CP
$69.9B
| $243M | 2.34% |
2,944,259
+130,512
| +5% | +$10.8M |
|