Pershing Square is a privately owned hedge fund that was founded in 2003 by William A. Ackman, a value investor who buys stakes in undervalued companies with the intention of working with management to improve performance. Pershing Square focuses on long-term, value-oriented investing and employs a concentrated portfolio strategy.
Bill Ackman, a notable investor, maintains a focused investment strategy reflected in his top five stocks. Chipotle Mexican Grill commands the largest share at 25% of his portfolio, highlighting Ackman's confidence in fast-casual dining. Hilton Worldwide Holdings Inc follows with a significant 19.3%, underscoring a bullish stance on the hospitality industry. Third is Restaurant Brands International Inc, occupying 17.1%, which indicates an investment preference for established quick-service restaurant chains. Alphabet Inc - Ordinary Shares - Class C represents 15.3% of Ackman’s holdings, showcasing his investment in technology and innovation-driven companies. Finally, Canadian Pacific Kansas City Limited rounds out the top five with 13.3%, revealing an inclination towards key transportation and infrastructure assets. These selections characterize Bill Ackman's portfolio concentration in industry leaders across various sectors, offering potential investors insights into his market approach and investment criteria.
Ackman is seen as a confrontational investor. He gained renewed attention when he hedged Pershing Square Capital Management’s portfolio with US $27 million in credit protection before the 2020 stock market crash, as he suspected it would crash. The hedge was effective, raising $2.6 billion in less than a month.
