Equal-WT
WhaleScore 2.0
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PERSHING SQUARE CAPITAL MANAGEMENT, L.P.
NEW YORK NY
Investment Advisor
Hedge Fund
Activist Investor
Billionaires Group
Pershing Square Capital is a New York based hedge fund managed by Bill Ackman.Whalewisdom has at least 90 13F filings, 224 13D filings, 47 13G filings, and 17 Form 4 filings Their last reported 13F filing for Q3 2024 included $12,916,077,581 in managed 13F securities
and a top 10 holdings concentration of 99.95%. Pershing Square Capital Management's largest holding is Brookfield Corporation with shares held of 32,735,883.
Business Description
The advisory firm offers advisory services through investment funds like Pershing Square, L.P. (PS LP), Pershing Square International, Ltd. (PS Ltd), and Pershing Square Holdings, Ltd. (PSH). These funds share similar investment objectives, policies, and strategies.
The advisory firm collaborates with strategic advisors, consultants, and industry experts who provide insights, assist in due diligence, and introduce the firm to potential investment opportunities. These professionals may have formal or informal arrangements with the firm, depending on the nature and extent of their involvement. The firm focuses on investing in businesses or assets with predictable cash flows, low macroeconomic sensitivity, and limited commodity exposure or cyclical risk. The firm is willing to invest in complex situations with high situational, legal, or capital structure complexity if it believes the potential return justifies the risk.
Investment Strategy
The Adviser employs speculative investment strategies that carry substantial risks and may result in significant capital loss. The Adviser's investment strategies are not limited to those described in the brochure and may include any strategy deemed appropriate for clients' investment objectives.
The Adviser favors investments in simple businesses or assets with predictable cash flow streams, low macroeconomic sensitivity, and limited commodity exposure or cyclical risk. However, the Adviser is willing to invest in complex situations with high situational, legal, or capital structure complexity if it believes the potential rewards justify the risks. The Adviser has no restrictions on the securities or financial instruments it may use and is authorized to invest in long and short positions in equity or debt securities, distressed securities, rights, options, warrants, bonds, notes, equity and debt indices, swaps, swaptions, derivatives, futures contracts, foreign currency, forward contracts on stock indices, and structured equity or fixed-income instruments.
Owners
- PS MANAGEMENT GP, LLC - GENERAL PARTNER
- ASNES, ANTHONY, KETAY - HEAD OF IR
- HAKIM, BENNY, (NO MIDDLE NAME) - PRESIDENT
- ACKMAN, WILLIAM, ALBERT - CHIEF EXECUTIVE OFFICER
- BOTTA, NICHOLAS, ANTHONY - VICE CHAIRMAN
- ISRAEL, RYAN, MICHAEL - CHIEF INVESTMENT OFFICER
- COUSSIN, HALIT - CHIEF LEGAL OFFICER/CHIEF COMPLIANCE OFFICER
- GONNELLA, MICHAEL - CHIEF FINANCIAL OFFICER
- PERSHING SQUARE INTERMEDIATE HOLDINGS, LLC - LIMITED PARTNER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| BN Brookfield Corporati | 10.74% |
| NKE NIKE Inc | 8.94% |
| SEG Seaport Entertainmen | 0.44% |
| SEG-RT SEAPORT ENTMT GROUP | 0.05% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| HLT Hilton Worldwide Hol | 5.61% |
| QSR Restaurant Brands In | 2.8% |
| CP Canadian Pacific Kan | 1.46% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| BN Brookfield Corporati | 13.47% |
| HLT Hilton Worldwide Hol | 13.15% |
| CMG Chipotle Mexican Gri | 12.85% |
| QSR Restaurant Brands In | 12.84% |
| HHH Howard Hughes Corpor | 11.3% |
2024-09-30
13F Activity
| Market Value | $12.9b, Prior: $10.4b |
| Inflows (Outflows) as % of Total MV | +17.2438% |
| New Purchases | 2 stocks |
| Added To | 2 stocks |
| Sold out of | 0 stocks |
| Reduced holdings in | 3 stocks |
| Top 10 Holdings % | 99.95% |
| Turnover %[1] | 18.18% |
| Turnover Alt %[2] | 2.8% |
| Time Held Top 20 | 15.8182 quarters |
| Time Held Top 10 | 17.4 quarters |
| Time Held All | 15.82 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30