B
Bill Ackman
Pershing Square Capital Management, L.P. · Holdings as of Sep 30, 2024, filed by Nov 15, 2024 · US long stock positions only
A dozen concentrated activist bets at a time.
Reported value
$13B
11 positions shown
Copycat since 2016
3.92x
14% per year
vs SPY
ahead
SPY 3.57x same window
Top position
BN
13% 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 · Sep 2024
Symbol Value % of book vs prior quarter
BN $1.7B
13%
added
HLT $1.7B
13%
trimmed
CMG $1.7B
13%
unchanged
QSR $1.7B
13%
unchanged
HHH $1.5B
11%
unchanged
NKE $1.4B
11%
added
CP $1.3B
10%
unchanged
GOOG $1.3B
10%
unchanged
GOOGL $661M
5%
unchanged
SEG $57M
0%
new
unlisted $6M
0%
new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.