B
Bill Ackman
Pershing Square Capital Management, L.P. · Holdings as of Mar 31, 2024, filed by May 16, 2024 · US long stock positions only
A dozen concentrated activist bets at a time.
Reported value
$11B
7 positions shown
Copycat since 2016
3.92x
14% per year
vs SPY
ahead
SPY 3.57x same window
Top position
CMG
20% of book
Copying these filings vs SPY $1 at every deadline since 2016
Bill Ackman 3.92x
SPY 3.57x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
The book tile = share of the filed book · tap a tile for the ticker · Mar 2024
Symbol Value % of book vs prior quarter
CMG $2.2B
20%
new
HLT $2.0B
18%
new
QSR $1.9B
17%
new
GOOG $1.4B
13%
new
HHH $1.4B
13%
new
CP $1.3B
12%
new
GOOGL $657M
6%
new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.