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 |
Alphabet (Google) Class A
GOOGL
|
$284M |
| 2 |
Hilton Worldwide
HLT
|
$146M |
| 3 |
Howard Hughes
HHH
|
$17.5M |
Top Sells
| 1 |
Lowe's Companies
LOW
|
$83.6M |
Sector Composition
| 1 | Consumer Discretionary | 60.21% |
| 2 | Communication Services | 17.21% |
| 3 | Real Estate | 11.87% |
| 4 | Industrials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Chipotle Mexican Grill
CMG
$56.5B
| $1.75B | 16.65% |
953,608
| – | – |
|
2
Restaurant Brands International
QSR
$20.8B
| $1.56B | 14.82% |
23,348,135
| – | – |
|
|
3
Hilton Worldwide
HLT
$64.9B
| $1.55B | 14.75% |
10,305,500
+972,647
| +10% | +$146M |
|
|
4
Lowe's Companies
LOW
$145B
| $1.47B | 14% |
7,066,623
-402,227
| -5% | -$83.6M |
|
|
5
Howard Hughes
HHH
$4.53B
| $1.25B | 11.87% |
16,806,908
+236,680
| +1% | +$17.5M |
|
|
6
Alphabet (Google) Class C
GOOG
$2.58T
| $1.24B | 11.78% |
9,377,195
| – | – |
|
7
Canadian Pacific Kansas City
CP
$69.9B
| $1.12B | 10.7% |
15,095,528
| – | – |
|
|
8
Alphabet (Google) Class A
GOOGL
$2.57T
| $570M | 5.43% |
4,354,824
+2,169,824
| +99% | +$284M |
|