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 |
Brookfield
BN
|
$1.38B |
| 2 |
Nike
NKE
|
$1.17B |
| 3 |
SEG
Seaport Entertainment Group Inc.
SEG
|
$57.4M |
| 4 |
SEG.RT
Seaport Entertainment Group Inc. Rights (expiring October 10, 2024)
SEG.RT
|
$6.18M |
Top Sells
| 1 |
Hilton Worldwide
HLT
|
$365M |
| 2 |
Restaurant Brands International
QSR
|
$10.2M |
| 3 |
Canadian Pacific Kansas City
CP
|
$7.53M |
Sector Composition
| 1 | Consumer Discretionary | 49.99% |
| 2 | Communication Services | 14.89% |
| 3 | Financials | 13.47% |
| 4 | Real Estate | 11.75% |
| 5 | Industrials | 9.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Brookfield
BN
$98.3B
| $1.74B | 13.47% |
32,735,883
+25,881,373
| +378% | +$1.38B |
|
|
2
Hilton Worldwide
HLT
$64.9B
| $1.7B | 13.15% |
7,370,168
-1,582,122
| -18% | -$365M |
|
3
Chipotle Mexican Grill
CMG
$56.5B
| $1.66B | 12.85% |
28,815,165
| – | – |
|
|
4
Restaurant Brands International
QSR
$20.8B
| $1.66B | 12.84% |
23,000,914
-141,628
| -0.6% | -$10.2M |
|
5
Howard Hughes
HHH
$4.53B
| $1.46B | 11.3% |
18,852,064
| – | – |
|
|
6
Nike
NKE
$114B
| $1.44B | 11.14% |
16,280,338
+13,240,206
| +436% | +$1.17B |
|
|
7
Canadian Pacific Kansas City
CP
$69.9B
| $1.27B | 9.85% |
14,877,651
-87,990
| -0.6% | -$7.53M |
|
8
Alphabet (Google) Class C
GOOG
$2.58T
| $1.26B | 9.77% |
7,547,582
| – | – |
|
|
9
Alphabet (Google) Class A
GOOGL
$2.57T
| $661M | 5.12% |
3,986,488
| – | – |
|
|
SEG
10
Seaport Entertainment Group Inc.
SEG
$318M
| $57.4M | 0.44% |
+2,094,673
| New | +$57.4M |
|
|
SEG.RT
11
DELISTED
Seaport Entertainment Group Inc. Rights (expiring October 10, 2024)
SEG.RT
| $6.18M | 0.05% |
+2,094,673
| New | +$6.18M |
|