$10.4 Billion is the total value of Pershing Square Capital Management's 9 reported holdings in Q2 2024. The portfolio turnover from Q1 2024 to Q2 2024 was 28.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| HLT | Sell | HILTON WORLDWIDE HLDGS INC | $1,953,389,678 | -0.3% | 8,952,290 | -2.5% | 18.76% | +3.1% |
| CMG | Buy | CHIPOTLE MEXICAN GRILL INC | $1,805,270,087 | -16.5% | 28,815,165 | +3773.1% | 17.34% | -13.7% |
| QSR | Sell | RESTAURANT BRANDS INTL INC | $1,628,540,681 | -12.2% | 23,142,542 | -0.9% | 15.64% | -9.3% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $1,384,377,490 | -3.0% | 7,547,582 | -19.5% | 13.30% | +0.2% |
| HOWARD HUGHES HOLDINGS INC | $1,221,990,788 | -10.7% | 18,852,064 | 0.0% | 11.74% | -7.7% | ||
| Sell | CANADIAN PACIFIC KANSAS CITY | $1,178,244,916 | -11.5% | 14,965,641 | -0.9% | 11.32% | -8.5% | |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $726,138,789 | +10.5% | 3,986,488 | -8.5% | 6.97% | +14.2% |
| New | BROOKFIELD CORPcl a ltd vt sh | $284,736,345 | – | 6,854,510 | +100.0% | 2.74% | – | |
| NKE | New | NIKE INCcl b | $229,134,749 | – | 3,040,132 | +100.0% | 2.20% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2024-08-14
Signatures
The EDGAR filing(s) were signed by:
About Pershing Square Capital Management
Pershing Square Capital Management is a well-known hedge fund founded by Bill Ackman in 2004. The company is headquartered in New York City and manages over $10 billion in assets. Ackman is the CEO and portfolio manager of the firm, while other key members of the team include COO Michael J. O'Hagan and Chief Investment Officer Francis T. McGill.
Pershing Square is known for its activist investing strategy, which involves taking large positions in companies and then using that ownership to push for changes in management or operations. The firm has been involved in several high-profile campaigns over the years, including its successful efforts to push for the breakup of Canadian Pacific Railway and the ousting of the CEO of J.C. Penney.
Despite some notable successes, Pershing Square has also experienced some high-profile failures, such as its investment in Valeant Pharmaceuticals, which ultimately resulted in significant losses for the firm and its investors.
Overall, Pershing Square remains a major player in the hedge fund industry, with a reputation for taking bold positions and pushing for change in the companies it invests in. However, as with any investment, it is important for investors to carefully consider the risks and potential rewards before making any decisions.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| HOWARD HUGHES CORP | 41 | Q2 2023 | 13.8% |
| RESTAURANT BRANDS INTL INC | 39 | Q2 2024 | 40.7% |
| CHIPOTLE MEXICAN GRILL INC | 32 | Q2 2024 | 22.3% |
| LOWES COS INC | 23 | Q4 2023 | 24.7% |
| HILTON WORLDWIDE HLDGS INC | 23 | Q2 2024 | 18.8% |
| PLATFORM SPECIALTY PRODS COR | 20 | Q4 2018 | 9.7% |
| CANADIAN PAC RY LTD | 19 | Q1 2023 | 31.5% |
| AIR PRODS & CHEMS INC | 16 | Q1 2017 | 29.2% |
| MONDELEZ INTL INC | 12 | Q2 2018 | 18.6% |
| AUTOMATIC DATA PROCESSING IN | 9 | Q2 2019 | 18.8% |
View Pershing Square Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Howard Hughes Corp | May 25, 2023 | 16,384,042 | 32.8% |
| DOMINOS PIZZA INCSold out | August 22, 2022 | 0 | 0.0% |
| Pershing Square Tontine Holdings, Ltd.Sold out | August 05, 2022 | 0 | 0.0% |
| CHIPOTLE MEXICAN GRILL INC | February 26, 2020 | 1,161,232 | 4.2% |
| Element Solutions IncSold out | February 05, 2019 | 0 | 0.0% |
| AUTOMATIC DATA PROCESSING INC | August 17, 2018 | 21,304,500 | 4.9% |
| Mondelez International, Inc. | October 06, 2017 | 74,983,195 | 5.0% |
| Nomad Foods LtdSold out | September 12, 2017 | 0 | 0.0% |
| AIR PRODUCTS & CHEMICALS INC /DE/ | May 16, 2017 | 10,818,001 | 5.0% |
| Valeant Pharmaceuticals International, Inc.Sold out | March 14, 2017 | 0 | 0.0% |
View Pershing Square Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| SC 13D/A | 2024-09-25 |
| N-PX | 2024-08-29 |
| 13F-HR | 2024-08-14 |
| 3 | 2024-08-07 |
| SC 13D | 2024-08-07 |
| SC 13D/A | 2024-08-06 |
| SC 13D/A | 2024-07-25 |
| 3 | 2024-07-18 |
| SC 13D/A | 2024-07-18 |
| SC 13D/A | 2024-07-18 |
View Pershing Square Capital Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.