How much does Bill Ackman own of Pershing Square?
Ackman, who owns 21 percent of Pershing Square Holdings and earns performance fees on top of that, appears to have made at least $600 million in 2023, based on Institutional Investor calculations of the fund's gains. The publicly traded hedge fund rose 26.7 percent on a net basis in 2023, according to fund documents.
Pershing Square Capital Management is an American hedge fund management company founded and run by Bill Ackman, headquartered in New York City.
Chipotle Mexican Grill (CMG)
Chipotle Mexican Grill (NYSE:CMG) is the largest position Ackman has in Pershing Square, accounting for 18.1% of the total value. His 825,000 shares valued at $1.9 billion further position Ackman as the largest outside shareholder in the restaurant chain.
However, limitations and restrictions of the 1940 Investment Company Act in the US and issues with the relative size of the target company and questions over the share price had provided too many obstacles.
William Albert Ackman (born May 11, 1966) is an American billionaire hedge fund manager who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor.
With offices around the world, Pershing has over $2 trillion in assets and millions of investor accounts.
Pershing Square (PSH), the US equity trust associated with hedge fund veteran Bill Ackman, could be seen as one such case. The trust's shares trade on an eye-watering discount of more than 30 per cent – with that depressed valuation having haunted the fund long before sentiment soured on trusts more generally.
Yes, it is possible to buy one share of Pershing Square Holdings Ltd Public Class USD Accum. Shs stock.
- Top 5 stock holdings are CMG, QSR, HLT, HHH, GOOG, and represent 80.00% of Pershing Square Capital Management's stock portfolio.
- Added to shares of these 1 stock: HHH (+$175M).
- Reduced shares in these 3 stocks: LOW (-$1.3B), CMG (-$294M), HLT (-$205M).
was founded by Steve Ells in 1993. As of 2024, Brian Niccol is the company's Chairman of the Board of Directors and Chief Executive Officer. The top shareholders of Chipotle include Montgomery Moran, Steve Ells, Vanguard Group, and BlackRock.
How many stocks does Pershing Square own?
Pershing Square holds a total of eight stocks. I wrote about them earlier this year. They are listed below, from the highest current value in the portfolio to the lowest : Chipotle Mexican Grill.
Pershing Square Capital Management, L.P. has disclosed 8 total holdings in their latest SEC filings. Portfolio manager(s) are listed as Bill Ackman. Most recent portfolio value is calculated to be $ 10,396,017,618 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed).
BNY Mellon | Pershing - Global Financial Solutions.
In November 1918, a week after Armistice Day ended World War I, the park was renamed Pershing Square, in honor of Gen. John J. Pershing. A plaque was added in his honor some four decades later.
- Chipotle. Pershing Square's largest non-technology investment is Chipotle Mexican Grill (NYSE: CMG). ...
- Restaurant Brands International. ...
- Hilton.
Ackman has crusaded against his alma mater, Harvard following what some students and alumni said was a weak and late response from Harvard to the atrocities in Israel. Ackman is Jewish and his wife was born in Israel.
Bill Ackman has had a big year. His constant posting and vocal condemnation of antisemitism on college campuses has won him over a million followers on X (and more than a few critics). Meanwhile, his hedge fund, Pershing Square Capital Management, has netted him $610 million in earnings.
Part of the BNY Mellon family
In 2003, Pershing was acquired by The Bank of New York, the longest-lasting financial institution in the United States. Alexander Hamilton had founded the bank in 1784, had written its constitution and guided the organization through its early stages.
(1) The 1-year, 5-year, and 10-year compound annual NAV net returns for PSH were 26.7%, 31.2%, and 13.6%, respectively.
| Return type | 1 year | |
|---|---|---|
| Pershing Square Holdings | Share price total return | 39.8 |
| North America AIC sector | Share price total return | 34.6 |
| Pershing Square Holdings | NAV total return | 24.9 |
| North America AIC sector | NAV total return | 23.5 |
How many employees does Pershing LLC have?
PERSHING LLC has 1,001 to 5,000 employees.
Overall, Lowe's appears to be exactly the kind of dominant business with long-term growth potential that attracts Bill Ackman's investment team. For retail investors, the stock could be a decent choice as a conservative growth or dividend income asset.
At the end of last month, Pershing Square had over $18 billion in assets under management, following a successful 2023, when the fund posted a nearly 27% gain over the year, rebounding from a loss in 2022.
There will be no minimum investment.
Better to learn from his mistakes than your own, right? On top of that, you can actually buy a stake in Bill – his main fund, Pershing Square Holdings, is publicly listed on the Amsterdam and London stock markets, so if you like what you hear, you can share in his success.
