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Pershing Square Capital Management

All articles tagged with #pershing square capital management

finance1 year ago

"Bill Ackman's $610M Gain: Mastering Hedge Fund Strategy with 10 Stocks"

Billionaire hedge fund founder Bill Ackman made $610 million in 2023 from just 10 stocks, landing him in the top 10 on Bloomberg's list of best-paid hedge fund founders. His firm, Pershing Square Capital Management, saw a 26.7% gain across its positions, including investments in companies like Alphabet and Chipotle. Ackman's earnings were primarily from share-price gains in his publicly traded funds and performance gains at his private funds, as well as fees charged to clients. He also announced the launch of a new investment portfolio, Pershing Square USA, which will be listed on the New York Stock Exchange and available to a wider range of investors.

via New York Post |
#bill-ackman#finance#hedge-fund
finance1 year ago

"Billionaire Bill Ackman's NYSE-Listed Fund Opens to Regular Investors"

Billionaire hedge fund manager Bill Ackman plans to launch a closed-end fund listed on the New York Stock Exchange, targeting Main Street investors with no minimum investment requirement. Unlike traditional hedge funds, Ackman's fund will not charge a performance fee and will waive the management fee for the first year, after which it will be a flat 2%. The fund will invest in 12 to 24 large-cap, investment grade companies in North America. Ackman's brand-name profile and broad retail following are expected to drive substantial investor interest and liquidity in the secondary market.

via CNBC|
#bill-ackman#finance#hedge-fund
finance1 year ago

"Bill Ackman's Top 8 Stock Picks: Should You Invest?"

Billionaire hedge fund manager Bill Ackman has just seven stocks in his Pershing Square portfolio, including Alphabet, Chipotle Mexican Grill, Howard Hughes, Restaurant Brands International, Hilton Worldwide, Lowe's, and Canadian Pacific Kansas City. These stocks reflect Ackman's investing style, with a focus on companies with competitive advantages and strong growth potential. Three standout stocks in his portfolio are Alphabet, Chipotle, and Canadian Pacific, each with a strong competitive advantage. If you're considering following Ackman's lead, these three stocks may be worth considering for investment.

via The Motley Fool|
#bill-ackman#finance#hedge-fund
finance2 years ago

"Pershing Square Reclaims Spot Among World's Top 20 Hedge Funds"

Bill Ackman's Pershing Square Capital Management has re-entered the ranks of the world's top 20 hedge funds after a successful year, generating net gains of $3.5 billion in 2023 and bringing its overall gains since 2004 to $18.8 billion. The top 20 hedge funds, managing just 18.9% of all assets in the sector, have collectively generated 83% of all gains over the past three years, with Chris Hohn's TCI Fund and Ken Griffin's Citadel LLC also achieving significant gains.

via MarketWatch|
#bill-ackman#finance#financial-gains