Bill Ackman

Bill Ackman

Last Update: 2014-10-07

Number of Stocks: 6
Number of New Stocks: 0

Total Value: $12,597 Mil
Q/Q Turnover: 38%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Bill Ackman' s Profile & Performance

Profile

William Ackman, co-investment manager for hedge-fund group Gotham Partners LP, formed Pershing Square in November 2003 with $54 million raised from three investors. Ackman got his start in the real estate business, where he worked for his father prior to starting Gotham.

Investing Philosophy

Bill Ackman is an activist investor. He buys the common stocks of public companies, and pushes for changes so that the market can realize the values of the companies. Ackman buys stocks trading at a discount, and sells when the companies reach their appraised value.

Total Holding History

Performance of Pershing Square LP fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201029.715.0614.6
2008-13-3724.0

Top Ranked Articles

Bill Ackman Interview With Bloomberg
“Bank of America is attractive at the current price” Read more...
Competence, Margin of Safety or Financial Strength?
People are more likely to believe things they want to believe. At the same time people think that they are objective. A way to get out of this predicament is to look at the evidence and try to come up with a justification which would convince them that they should either reject the evidence or find a subset of evidence which is comforting. Read more...
Bill Ackman - Pershing Square 3Q 2011 Shareholder Letter; discussing JCP, FO, FBHS, FDO, GGP, C, CP
Dear Pershing Square Investor: Read more...
Gramercy Capital (GKK): A Graham Stock Wrapped in a Mystery
The investment analysis below is our twelfth in our series of guest posts, and is brought to you by friend of the blog PlanMaestro of the fantastic Variant Perceptions. We will keep the intro quick but safe to say we are honored to bring our readers Plan’s latest write-up on Gramercy Capital (GKK), which is as insightful and illuminating as we have come to expect from one of our favorite investors. In typical PlanMaestro fashion, we have decided to post the thesis in three parts, the first of which is below. Enjoy! Read more...
Bill Ackman's Full Presentation on the HKD
Bill Ackman gave a presentation yesterday at the Delevering Alpha Conference. Read more...
» More Bill Ackman Articles

Commentaries and Stories

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Bill Ackman's New Interview With Bloomberg
Summany Of Bill Ackman's (Trades, Portfolio) Interview With Bloomberg More...

BILL ACKMAN,VALUE INVESTOR,LONG-TERM,ACTIVIST INVESTOR,FANNIE,FREDDIE,


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Bill Ackman Discusses Herbalife and His New Investment Vehicle
From his newly-listed Amsterdam investment vehicle, Bill Ackman (Trades, Portfolio) has $6 billion in cash and already knows where he is going to investment. More...

Bill Ackman, Herbalife


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Ackman's Pershing Square Now Available To The Public Bill Ackman - Ackman's Pershing Square Now Available To The Public
Bill Ackman’s Pershing Square Holdings started trading on the Euronext Amsterdam under the symbol “PSH” on October 13. Daniel Loeb had a similar IPO in 2007 on the London Stock Exchange with his fund, Third Point Offshore (LSE:TPOU, LSE:TPOG, TPNTF). The goal of the IPO is to raise permanent capital to help the activist investor maintain his positions in target companies during times of turbulence. If too many investors have redemption requests in the hedge fund, the manager will not be able to maintain a position of control over all of the companies in the portfolio. More...

Bill Ackman, Pershing Square, IPO, Euronext Amsterdam


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Bill Ackman's Midas Touch Bill Ackman - Bill Ackman's Midas Touch
Outside the investment community, the name of Bill Ackman (Trades, Portfolio) of Pershing Square might not raise as many eyebrows as the name of a guru like Warren Buffett (Trades, Portfolio), but Ackman’s track record is still impressive. He seems to have the Midas touch, even more of one than many of the gurus followed by GuruFocus. More...

Bill Ackman, Pershing Square, Burger King, Platform Specialty, Allergan, Air Products & Chemicals, Canadian Pacific Railway, Howard Hughes


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Bill Ackman and Valeant Could Sweeten Allergan Deal By $15 A Share
Bill Ackman (Trades, Portfolio) Pershing Square Capital and Valeant Pharmaceutical (VRX) are said to be planning to boost their offer to acquire Botox maker Allergan (AGN) by $15 a share. The enhancement offer marks the third increase to the original bid by Bill Ackman (Trades, Portfolio)'s Pershing Square Capital and Valeant. The latest increase in the bid is intended to keep Allergan from striking a rival deal. The bid by Pershing Square and Valeant could potenitally value Allergan at over $56 billion and if the duo's can it the deal with Allegan then the merger will be the largest of the year so far. More...

ALLERGAN MERGER, HOSTLE TAKEOVER,BILL ACKMAN,PERSHING SQUARE CAPITAL,LONG-TERM,


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Top Fund Managers See Massive Quote Losses In Their Stakes In Frannie and Freddie
Fairholme Fund's (Trades, Portfolio) and Perry Capital's cases were the most prominent and closely watched against the government over taking a 100% of Frannie (FNMA) and Freddie (FMCC) profits. They have lost their legal challenge to a change that the government made after the 2008 bailouts of Fannie and Freddie to send all of the firm's profits to the Treasury. Currently the government faces about 20 federal legal challenges brought by investors that have kept investors from participating in Fannie and Freddie's post-bailout profits. After a federal judge in the U.S. District Court for the District of Columbia dismissed Fairholme Fund's (Trades, Portfolio) and Perry Capital cases share for Fannie More...

FANNIE,FREDDIE,UNDERVALUED,PREFERRED SHARES,COMMON SHARES,


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Pershing Square Plans a $2 Billion Amsterdam Fund Public Listing
Activist fund manager Bill Ackman (Trades, Portfolio), founder of Pershing Square, hopes to raise at least $5 billion from institutional investors who aren't in the United States. His Pershing Square Capital Management is preparing for a public listing on the Amsterdam Stock Exchange. There are reports that the firm has already raised $1.5 billion from 30 of its core investors and currently have 300 investors. More...

BILL ACKMAN,PERSHING SQUARE,FUND LISTING,TWO BILLION,VALUE INVESTOR,ACTIVIST,CARL ICAHN,LONG-TERM,


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Hedge Fund Manager Bill Ackman with a Very Profitable Year Bill Ackman - Hedge Fund Manager Bill Ackman With A Very Profitable Year
In this article, let´s take a look at Bill Ackman (Trades, Portfolio), the man who is the founder and CEO of Pershing Square Capital Management LP, the hedge fund that has gained about 30% this year, well above the 2.5% hedge-fund industry average. More...

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Bill Ackman Is Preparing For The Next Crash Bill Ackman - Bill Ackman Is Preparing For The Next Crash
In Pershing Square’s quarterly newsletter released yesterday, August 13, Bill Ackman stated that he is planning an initial public offering of Pershing Square Holdings, Ltd targeted for later this year. The plan is for the closed-end fund to be listed on the London Stock Exchange under the symbol “PSH.” More...

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Top Insider Buys Highlight: Air Products & Chemicals Inc.
Chairman, Pres. and CEO of Air Products & Chemicals Inc (APD) Seifi Ghasemi bought 25,000 shares on Aug. 1 at an average price of $132.84. The total transaction amount was $3,321,000. More...

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Herbalife Insiders Buy $1.7 Million In Company Stock Bill Ackman,Carl Icahn - Herbalife Insiders Buy $1.7 Million In Company Stock
On Thursday, July 31, the CFO, COO, and President of Herbalife bought a total of $1.7 million worth of their company’s stock to affirm their confidence in its business model. The purchases were detected on the Insiders page of GuruFocus. More...

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Usana: Will You Bet on GuruFocus or on the Shorts? Bill Ackman,Charlie Munger - Usana: Will You Bet On GuruFocus Or On The Shorts?
Usana Health Sciences, Inc. (USNA) appears on not one, but three, different GuruFocus screens: Undervalued Predictable, Buffett-Munger, and Peter Lynch. As reported by Vera Yuan in the June edition of the article How Many Stocks Can Pass GuruFocus Value Screeners? getting through three screens puts USNA in an elite group; it's just one of 15 stocks out of a field of 16,884 stocks to make it. USNA also made it through the same triple screening process in May and April. More...

LONG, VALUE, MULTI-LEVEL MARKETING, NETWORK MARKETING, INTERNATIONAL


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Giant Hedge Fund Managers: Bill Ackman Against Carl Icahn Bill Ackman,Carl Icahn - Giant Hedge Fund Managers: Bill Ackman Against Carl Icahn
Giant Hedge Fund Managers: Bill Ackman (Trades, Portfolio) Against Carl Icahn (Trades, Portfolio) More...

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How Investors Could Profit From the Pershing Square Versus Herbalife Duel Bill Ackman - How Investors Could Profit From The Pershing Square Versus Herbalife Duel
Disclosure: I neither long nor short Herbalife. I also do not have any financial interest in the company. More...

LONG, INTEGRATED INVESTING


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Hedge Fund Manager Bill Ackman Against Herbalife in a Two-Year Battle to Shut Down the Company
In this article, let´s see what happened in the stock market with activist investor Bill Ackman (Trades, Portfolio), who will benefit from Herbalife Ltd. (HLF)’s falling share price. More...

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How Good Is Your Evidence? Bill Ackman,George Soros - How Good Is Your Evidence?
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Ackman Explains Valeant Bid, Makes Up with Carl Icahn
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Bill Ackman Continues Diatribe Against Herbalife
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Are You Right Because the Stock Moved Up? Bill Ackman,Charlie Munger - Are You Right Because The Stock Moved Up?
"The prices on the market are the ultimate form of social proof, reflecting what other people think." More...

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What Guru Investors Did with Bill Ackman's Herbalife in Q1 Bill Ackman,Carl Icahn,George Soros,Daniel Loeb - What Guru Investors Did With Bill Ackman's Herbalife In Q1
When an investor as prominent as Bill Ackman (Trades, Portfolio) makes a short case of a public company, many other investors will either agree with him, or view it as an opportunity to take a long position on the ensuing dip. But in the case of weight-loss and nutrition company Herbalife (HLF), its stock has had a tortuous ride since Ackman announced his short in 2012, as no ultimate determination about his thesis has been made. That didn’t stop fund managers from taking sides again in the first quarter. More...

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User Comments

Gm1
ReplyGm1 - 1 month ago
Dear Sirs / Madams,

I am so interested in Pershing Square, would you please advise me its performance and cost? Thank you.

GM
Samchell@yahoo
ReplySamchell@yahoo - 6 months ago
Some stocks are best evaluated by hands-on personal empiricism. After going into a Walgreen's store, it's manifestly clear where it ranks compared to CVS or Rite Aid. As for Ackman's attraction to Mondelez, perhaps he likes some of the company's snack items, and no doubt enough other consumers will share his taste to move the stock in a positive direction. But anyone looking for more something more dramatic would be better advised to take note of the population's compulsive consumption of Hershey products. (Twizzler's Twist 'n Pull Cherry Licorice is candy heroin.) Also, like Coke and Kleenex, Hershey's is a brand name that's synonymous with the product. (When's the last time your spouse asked you to go to Walgreen's to pick up a "Mondelez Bar"?) In short, investing is a game of guessing, supported by past predilections and indicators that "may" have a bearing on future results. But 50% of stock picking is playing hunches. Never ignore the intangibles as well as personal impressions--that's can't be charted or measured by most systems.

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