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 |
Nike
NKE
|
$188M |
| 2 |
Brookfield
BN
|
$124M |
| 3 |
SEG
Seaport Entertainment Group Inc.
SEG
|
$81.9M |
| 4 |
Hertz
HTZ
|
$46.5M |
Top Sells
| 1 |
Hilton Worldwide
HLT
|
$477M |
| 2 |
Chipotle Mexican Grill
CMG
|
$251M |
| 3 |
SEG.RT
Seaport Entertainment Group Inc. Rights (expiring October 10, 2024)
SEG.RT
|
$6.18M |
Sector Composition
| 1 | Consumer Discretionary | 45.42% |
| 2 | Communication Services | 17.31% |
| 3 | Financials | 15.83% |
| 4 | Real Estate | 12.56% |
| 5 | Industrials | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Brookfield
BN
$98.3B
| $2B | 15.83% |
34,893,064
+2,157,181
| +7% | +$124M |
|
2
Restaurant Brands International
QSR
$20.8B
| $1.5B | 11.84% |
23,000,914
| – | – |
|
|
3
Chipotle Mexican Grill
CMG
$56.5B
| $1.49B | 11.74% |
24,653,533
-4,161,632
| -14% | -$251M |
|
4
Howard Hughes
HHH
$4.53B
| $1.45B | 11.45% |
18,852,064
| – | – |
|
5
Alphabet (Google) Class C
GOOG
$2.58T
| $1.44B | 11.35% |
7,547,582
| – | – |
|
|
6
Nike
NKE
$114B
| $1.42B | 11.22% |
18,768,946
+2,488,608
| +15% | +$188M |
|
|
7
Hilton Worldwide
HLT
$64.9B
| $1.34B | 10.62% |
5,440,546
-1,929,622
| -26% | -$477M |
|
8
Canadian Pacific Kansas City
CP
$69.9B
| $1.08B | 8.5% |
14,877,651
| – | – |
|
|
9
Alphabet (Google) Class A
GOOGL
$2.57T
| $755M | 5.96% |
3,986,488
| – | – |
|
|
SEG
10
Seaport Entertainment Group Inc.
SEG
$318M
| $140M | 1.11% |
5,023,780
+2,929,107
| +140% | +$81.9M |
|
|
11
Hertz
HTZ
$1.78B
| $46.5M | 0.37% |
+12,713,963
| New | +$46.5M |
|
|
SEG.RT
12
DELISTED
Seaport Entertainment Group Inc. Rights (expiring October 10, 2024)
SEG.RT
| – | – |
-2,094,673
| Closed | -$6.18M |
|