Pershing Square Capital Management, L.P. 13F annual report

Pershing Square Capital Management, L.P. is an investment fund managing more than $10.8 trillion ran by William Ackman. There are currently 6 companies in Mr. Ackman’s portfolio. The largest investments include Chipotle Mexican Grill and Hilton Worldwide Inc, together worth $4.12 trillion.

$10.8 trillion Assets Under Management (AUM)

As of 8th May 2024, Pershing Square Capital Management, L.P.’s top holding is 743,984 shares of Chipotle Mexican Grill currently worth over $2.16 trillion and making up 20.1% of the portfolio value. Relative to the number of outstanding shares of Chipotle Mexican Grill, Pershing Square Capital Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 9,181,180 shares of Hilton Worldwide Inc worth $1.96 trillion, whose value grew 24.0% in the past six months. The third-largest holding is Restaurant Brands International Inc worth $1.86 trillion and the next is Alphabet Inc worth $2.09 trillion, with 13,732,019 shares owned.

Currently, Pershing Square Capital Management, L.P.'s portfolio is worth at least $10.8 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Pershing Square Capital Management, L.P.

The Pershing Square Capital Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, William Ackman serves as the Managing Member of PS Management GP, LLC at Pershing Square Capital Management, L.P..

Recent trades

There are companies that Pershing Square Capital Management, L.P. is getting rid of from its portfolio. Pershing Square Capital Management, L.P. closed its position in Lowes Cos Inc on 15th May 2024. It sold the previously owned 1,245,515 shares for $277 billion. William Ackman also disclosed a decreased stake in Chipotle Mexican Grill by approximately 0.1%. This leaves the value of the investment at $2.16 trillion and 743,984 shares.

One of the largest hedge funds

The two most similar investment funds to Pershing Square Capital Management, L.P. are Greenleaf Trust and Woodline Partners L.P.. They manage $10.8 trillion and $10.8 trillion respectively.

William Ackman investment strategy

Pershing Square Capital Management, L.P.’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 55.5% of the total portfolio value. The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 67% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $267 billion.

The complete list of Pershing Square Capital Management, L.P. trades based on 13F SEC filings

These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Chipotle Mexican Grill	9.82% 743,984	$2,162,590,372,000	20.10%
Hilton Worldwide Holdings Inc	No change 9,181,180	$1,958,437,506,000	18.20%
Restaurant Brands International Inc	No change 23,348,135	$1,855,009,326,000	17.24%
Alphabet Inc	No change 13,732,019	$2,085,045,297,000	19.38%
Howard Hughes Corporation	No change 18,852,064	$1,369,036,888,000	12.72%
Canadian Pacific Kansas City	No change 15,095,528	$1,330,972,704,000	12.37%
Lowes Cos Inc	Closed 1,245,515	$277,189,363,000
No transactions found
Showing first 500 out of 7 holdings