Pershing Square Capital Management Portfolio
Pershing Square Capital Management is managed by Bill Ackman; 13F filer (CIK 0001336528).
Q3 2021 · 6 positions · Total reported value $9.46B · Top-10 concentration 100.0%
Turnover: 58.3% · 1 new · 5 cut · 1 exited
In its Q3 2021 13F filing, Pershing Square Capital Management disclosed 6 equity positions with a combined reported value of $9.46B. The filing implies a focused portfolio: its ten largest positions account for 100.0% of reported value. HoldingsHub classifies the profile as Mid / Focused / Consumer Tilt / High Turnover.
The largest disclosed positions as of Q3 2021 were LOW ($2.08B), CMG ($2.03B), HLT ($1.70B). By sector, the heaviest allocations are Consumer Discretionary 87.4%, Other 12.6%. Versus the prior quarter, allocation shifted toward Consumer Discretionary (+15.8pp) and away from Industrials (-16.1pp).
Versus the prior quarter, Pershing Square Capital Management opened 1 new positions, trimmed 5 and fully exited 1, a turnover rate of 58.3% of positions. The portfolio's overlap with the prior quarter was 86% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | LOW | LOWES COS INC | 10.24M | $2.08B | 21.94% | Add |
| 2 | CMG | CHIPOTLE MEXICAN GRILL INC | 1.11M | $2.03B | 21.41% | Add |
| 3 | HLT | HILTON WORLDWIDE HLDGS INC | 12.89M | $1.70B | 17.99% | Add |
| 4 | QSR | RESTAURANT BRANDS INTL INC | 23.94M | $1.46B | 15.48% | Add |
| 5 | HHC | HOWARD HUGHES CORP | 13.62M | $1.20B | 12.64% | Add |
| 6 | DPZ | DOMINOS PIZZA INC | 2.09M | $997.90M | 10.54% | Add |