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 |
Chipotle Mexican Grill
CMG
|
$1.76B |
| 2 |
Brookfield
BN
|
$285M |
| 3 |
Nike
NKE
|
$229M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$336M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$67.1M |
| 3 |
Hilton Worldwide
HLT
|
$49.9M |
| 4 |
Restaurant Brands International
QSR
|
$14.5M |
| 5 |
Canadian Pacific Kansas City
CP
|
$10.2M |
Sector Composition
| 1 | Consumer Discretionary | 53.94% |
| 2 | Communication Services | 20.27% |
| 3 | Real Estate | 11.74% |
| 4 | Industrials | 11.32% |
| 5 | Financials | 2.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Hilton Worldwide
HLT
$64.9B
| $1.95B | 18.76% |
8,952,290
-228,890
| -2% | -$49.9M |
|
|
2
Chipotle Mexican Grill
CMG
$56.5B
| $1.81B | 17.34% |
28,815,165
+28,071,181
| +3,773% | +$1.76B |
|
|
3
Restaurant Brands International
QSR
$20.8B
| $1.63B | 15.64% |
23,142,542
-205,593
| -0.9% | -$14.5M |
|
|
4
Alphabet (Google) Class C
GOOG
$2.58T
| $1.38B | 13.3% |
7,547,582
-1,829,613
| -20% | -$336M |
|
5
Howard Hughes
HHH
$4.53B
| $1.22B | 11.74% |
18,852,064
| – | – |
|
|
6
Canadian Pacific Kansas City
CP
$69.9B
| $1.18B | 11.32% |
14,965,641
-129,887
| -0.9% | -$10.2M |
|
|
7
Alphabet (Google) Class A
GOOGL
$2.57T
| $726M | 6.97% |
3,986,488
-368,336
| -8% | -$67.1M |
|
|
8
Brookfield
BN
$98.3B
| $285M | 2.73% |
+6,854,510
| New | +$285M |
|
|
9
Nike
NKE
$114B
| $229M | 2.2% |
+3,040,132
| New | +$229M |
|