Renowned hedge fund manager Bill Ackman just reported his third quarter portfolio at Pershing Square. Bill Ackman buys Fortune Brands Inc., Lowe’s Cos., Canadian Pacific Railway Ltd., Kraft Foods Inc. Cl A, Citigroup Inc., Family Dollar Stores Inc., Canadian Pacific Railway Ltd., Fortune Brands Home & Security, sells Greenlight Capital Re Ltd. during the 3-months ended 09/30/2011, according to the most recent filings of his investment company, Pershing Square Capital Management, L.P.. As of 09/30/2011, Pershing Square Capital Management, L.P. owns 11 stocks with a total value of $6 billion. These are the details of the buys and sells.
This is the portfolio chart of Bill Ackman. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
For the details of Bill Ackman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Ackman
This is the sector weightings of his portfolio:
These are the top 5 holdings of Bill Ackman
New Purchase: Fortune Brands Inc. (FO, Financial)
Bill Ackman initiated holdings in Fortune Brands Inc.. His purchase prices were between $51.47 and $64.99, with an estimated average price of $58.15. The impact to his portfolio due to this purchase was 18.68%. His holdings were 20,818,545 shares as of 09/30/2011. Fortune Brands is a holding company with subsidiaries engaged in themanufacture and sale of home products (plumbing accessories, security devices and tool storage products), office products (stapling equipment, computer accessories and supplies), golf products and spirits and wine. Fortune Brands Inc. has a market cap of $8.37 billion; its shares were traded at around $54.2 with a P/E ratio of 18.9 and P/S ratio of 1.2. The dividend yield of Fortune Brands Inc. stocks is 1.4%.
New Purchase: Lowes Cos. (LOW, Financial)
Bill Ackman initiated holdings in Lowes Cos.. His purchase prices were between $18.11 and $23.99, with an estimated average price of $20.77. The impact to his portfolio due to this purchase was 6.82%. His holdings were 21,240,301 shares as of 09/30/2011. Lowe's Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowes Cos. has a market cap of $29.62 billion; its shares were traded at around $23.5 with a P/E ratio of 15.3 and P/S ratio of 0.6. The dividend yield of Lowes Cos. stocks is 2.4%. Lowes Cos. had an annual average earnings growth of 7.8% over the past 10 years.
New Purchase: Canadian Pacific Railway Ltd. (CP, Financial)
Bill Ackman initiated holdings in Canadian Pacific Railway Ltd.. His purchase prices were between $44.92 and $63.9, with an estimated average price of $57.32. The impact to his portfolio due to this purchase was 3.22%. His holdings were 4,040,235 shares as of 09/30/2011. Canadian Pacific Railway is North America's first transcontinental railway and is the only transcontinental carrier with direct service to the U. Canadian Pacific Railway Ltd. has a market cap of $10.43 billion; its shares were traded at around $61.54 with a P/E ratio of 19.4 and P/S ratio of 2.1. The dividend yield of Canadian Pacific Railway Ltd. stocks is 2%. Canadian Pacific Railway Ltd. had an annual average earnings growth of 5.9% over the past 10 years.
New Purchase: Canadian Pacific Railway Ltd. (CP, Financial)
Bill Ackman initiated holdings in Canadian Pacific Railway Ltd.. The impact to his portfolio due to this purchase was 19.96%. His holdings were 20,659,504 shares as of 09/30/2011. Canadian Pacific Railway is North America's first transcontinental railway and is the only transcontinental carrier with direct service to the U. Canadian Pacific Railway Ltd. has a market cap of $10.43 billion; its shares were traded at around $61.54 with a P/E ratio of 19.4 and P/S ratio of 2.1. The dividend yield of Canadian Pacific Railway Ltd. stocks is 2%. Canadian Pacific Railway Ltd. had an annual average earnings growth of 5.9% over the past 10 years.
New Purchase: Fortune Brands Home & Security (FBHS, Financial)
Bill Ackman initiated holdings in Fortune Brands Home & Security. The impact to his portfolio due to this purchase was 4.46%. His holdings were 20,818,545 shares as of 09/30/2011. Fortune Brands Home & Security, Inc provides home and security products in the United States. Fortune Brands Home & Security has a market cap of $2.32 billion; its shares were traded at around $15.03 .
Sold Out: Greenlight Capital Re Ltd. (GLRE, Financial)
Bill Ackman sold out his holdings in Greenlight Capital Re Ltd.. His sale prices were between $20.23 and $26.87, with an estimated average price of $23.05. GREENLIGHT CAPITAL REINSURANCE LTD. is an AM Best `A-` (Excellent) rated specialty property and casualty reinsurance company based in the Cayman Islands. Greenlight Capital Re Ltd. has a market cap of $682.5 million; its shares were traded at around $22.51 with and P/S ratio of 1.7.
Added: Kraft Foods Inc. Cl A (KFT, Financial)
Bill Ackman added to his holdings in Kraft Foods Inc. Cl A by 13.28%. His purchase prices were between $32.8 and $35.93, with an estimated average price of $34.62. The impact to his portfolio due to this purchase was 1.65%. His holdings were 25,183,333 shares as of 09/30/2011. Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. Cl A has a market cap of $62.57 billion; its shares were traded at around $35.43 with a P/E ratio of 16.3 and P/S ratio of 1.3. The dividend yield of Kraft Foods Inc. Cl A stocks is 3.3%. Kraft Foods Inc. Cl A had an annual average earnings growth of 2.3% over the past 5 years.
Added: Citigroup Inc. (C, Financial)
Bill Ackman added to his holdings in Citigroup Inc. by 11.07%. His purchase prices were between $23.96 and $42.63, with an estimated average price of $32.61. The impact to his portfolio due to this purchase was 1.11%. His holdings were 26,124,241 shares as of 09/30/2011. Citigroup Inc., the global financial services company, has some two hundred million customer accounts and does business in more than hundred countries, providing consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citigroup Inc. has a market cap of $82.81 billion; its shares were traded at around $28.38 with a P/E ratio of 7.6 and P/S ratio of 1. The dividend yield of Citigroup Inc. stocks is 0.1%.
Added: Family Dollar Stores Inc. (FDO, Financial)
Bill Ackman added to his holdings in Family Dollar Stores Inc. by 2.65%. His purchase prices were between $45.14 and $55.14, with an estimated average price of $51.76. The impact to his portfolio due to this purchase was 0.25%. His holdings were 11,388,329 shares as of 09/30/2011. Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.83 billion; its shares were traded at around $58.15 with a P/E ratio of 18.6 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.2%. Family Dollar Stores Inc. had an annual average earnings growth of 10% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 3.5-star.
This is the portfolio chart of Bill Ackman. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
For the details of Bill Ackman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Ackman
This is the sector weightings of his portfolio:
These are the top 5 holdings of Bill Ackman
- Fortune Brands Inc. (FO) - 20,818,545 shares, 18.7% of the total portfolio. New Position
- J.C. Penney Co. Inc. (JCP) - 38,715,571 shares, 17.2% of the total portfolio.
- General Growth Properties Inc. (GGP) - 72,233,712 shares, 14.5% of the total portfolio.
- Kraft Foods Inc. Cl A (KFT) - 25,183,333 shares, 14.0% of the total portfolio. Shares added by 13.28%
- Citigroup Inc. (C) - 26,124,241 shares, 11.1% of the total portfolio. Shares added by 11.07%
New Purchase: Fortune Brands Inc. (FO, Financial)
Bill Ackman initiated holdings in Fortune Brands Inc.. His purchase prices were between $51.47 and $64.99, with an estimated average price of $58.15. The impact to his portfolio due to this purchase was 18.68%. His holdings were 20,818,545 shares as of 09/30/2011. Fortune Brands is a holding company with subsidiaries engaged in themanufacture and sale of home products (plumbing accessories, security devices and tool storage products), office products (stapling equipment, computer accessories and supplies), golf products and spirits and wine. Fortune Brands Inc. has a market cap of $8.37 billion; its shares were traded at around $54.2 with a P/E ratio of 18.9 and P/S ratio of 1.2. The dividend yield of Fortune Brands Inc. stocks is 1.4%.
New Purchase: Lowes Cos. (LOW, Financial)
Bill Ackman initiated holdings in Lowes Cos.. His purchase prices were between $18.11 and $23.99, with an estimated average price of $20.77. The impact to his portfolio due to this purchase was 6.82%. His holdings were 21,240,301 shares as of 09/30/2011. Lowe's Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowes Cos. has a market cap of $29.62 billion; its shares were traded at around $23.5 with a P/E ratio of 15.3 and P/S ratio of 0.6. The dividend yield of Lowes Cos. stocks is 2.4%. Lowes Cos. had an annual average earnings growth of 7.8% over the past 10 years.
New Purchase: Canadian Pacific Railway Ltd. (CP, Financial)
Bill Ackman initiated holdings in Canadian Pacific Railway Ltd.. His purchase prices were between $44.92 and $63.9, with an estimated average price of $57.32. The impact to his portfolio due to this purchase was 3.22%. His holdings were 4,040,235 shares as of 09/30/2011. Canadian Pacific Railway is North America's first transcontinental railway and is the only transcontinental carrier with direct service to the U. Canadian Pacific Railway Ltd. has a market cap of $10.43 billion; its shares were traded at around $61.54 with a P/E ratio of 19.4 and P/S ratio of 2.1. The dividend yield of Canadian Pacific Railway Ltd. stocks is 2%. Canadian Pacific Railway Ltd. had an annual average earnings growth of 5.9% over the past 10 years.
New Purchase: Canadian Pacific Railway Ltd. (CP, Financial)
Bill Ackman initiated holdings in Canadian Pacific Railway Ltd.. The impact to his portfolio due to this purchase was 19.96%. His holdings were 20,659,504 shares as of 09/30/2011. Canadian Pacific Railway is North America's first transcontinental railway and is the only transcontinental carrier with direct service to the U. Canadian Pacific Railway Ltd. has a market cap of $10.43 billion; its shares were traded at around $61.54 with a P/E ratio of 19.4 and P/S ratio of 2.1. The dividend yield of Canadian Pacific Railway Ltd. stocks is 2%. Canadian Pacific Railway Ltd. had an annual average earnings growth of 5.9% over the past 10 years.
New Purchase: Fortune Brands Home & Security (FBHS, Financial)
Bill Ackman initiated holdings in Fortune Brands Home & Security. The impact to his portfolio due to this purchase was 4.46%. His holdings were 20,818,545 shares as of 09/30/2011. Fortune Brands Home & Security, Inc provides home and security products in the United States. Fortune Brands Home & Security has a market cap of $2.32 billion; its shares were traded at around $15.03 .
Sold Out: Greenlight Capital Re Ltd. (GLRE, Financial)
Bill Ackman sold out his holdings in Greenlight Capital Re Ltd.. His sale prices were between $20.23 and $26.87, with an estimated average price of $23.05. GREENLIGHT CAPITAL REINSURANCE LTD. is an AM Best `A-` (Excellent) rated specialty property and casualty reinsurance company based in the Cayman Islands. Greenlight Capital Re Ltd. has a market cap of $682.5 million; its shares were traded at around $22.51 with and P/S ratio of 1.7.
Added: Kraft Foods Inc. Cl A (KFT, Financial)
Bill Ackman added to his holdings in Kraft Foods Inc. Cl A by 13.28%. His purchase prices were between $32.8 and $35.93, with an estimated average price of $34.62. The impact to his portfolio due to this purchase was 1.65%. His holdings were 25,183,333 shares as of 09/30/2011. Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. Cl A has a market cap of $62.57 billion; its shares were traded at around $35.43 with a P/E ratio of 16.3 and P/S ratio of 1.3. The dividend yield of Kraft Foods Inc. Cl A stocks is 3.3%. Kraft Foods Inc. Cl A had an annual average earnings growth of 2.3% over the past 5 years.
Added: Citigroup Inc. (C, Financial)
Bill Ackman added to his holdings in Citigroup Inc. by 11.07%. His purchase prices were between $23.96 and $42.63, with an estimated average price of $32.61. The impact to his portfolio due to this purchase was 1.11%. His holdings were 26,124,241 shares as of 09/30/2011. Citigroup Inc., the global financial services company, has some two hundred million customer accounts and does business in more than hundred countries, providing consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citigroup Inc. has a market cap of $82.81 billion; its shares were traded at around $28.38 with a P/E ratio of 7.6 and P/S ratio of 1. The dividend yield of Citigroup Inc. stocks is 0.1%.
Added: Family Dollar Stores Inc. (FDO, Financial)
Bill Ackman added to his holdings in Family Dollar Stores Inc. by 2.65%. His purchase prices were between $45.14 and $55.14, with an estimated average price of $51.76. The impact to his portfolio due to this purchase was 0.25%. His holdings were 11,388,329 shares as of 09/30/2011. Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.83 billion; its shares were traded at around $58.15 with a P/E ratio of 18.6 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.2%. Family Dollar Stores Inc. had an annual average earnings growth of 10% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 3.5-star.
