Bill Ackman

Bill Ackman

Last Update: 08-14-2015

Number of Stocks: 7
Number of New Stocks: 0

Total Value: $14,446 Mil
Q/Q Turnover: 0%

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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Pershing Square Holdings (Bill Ackman) June 2015 Update
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Pershing Square Holdings Ltd: 1H Letter to Shareholders
Pershing Square Holdings Ltd., the publicly traded holdings company of billionaire Bill Ackman (Trades, Portfolio), trades on both the London and Amsterdam stock exchanges. Pershing Square can't list shares on the open exchanges in the United States. Hedge funds are not allowed to listed their shares publicly in the U.S., forcing U.S. hedge funds to list their shares abroad. Pershing Square Holdings is currently trading for 5x its earnings and 0.85x its NAV value. Pershing Square had a net asset value, at the end of July, of $29.03/share and the firm is trading for $24.84/share. The firm has released its first half of the year results to shareholders. More...

PERSHING SQUARE HOLDINGS,1H LETTER,SHAREHOLDINGS,BILL ACKMAN,VALUE INVESTING,LONG-TERM,


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Valeant Pharmaceuticals' New Female Drug
Valeant Pharmaceuticals (NYSE:VRX) has confirmed that it will pay $1.0 billion to buy Sprout Pharmaceuticals, the closely held company that has just won U.S. approval to sell the first drug that aims to increase women 's libido. Under the terms of the agreement, which echoes The Wall Street Journal, Valeant will pay $ 500 million in cash upfront and pay the other party early next year, whose pink pills, known as “female Viagra,” will be sold under the name Addyi. The deal is scheduled to close in the third quarter. More...

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Weekly CEO Buys Highlight: SHLD, ENH, APD, KS, TEP
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

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Hedge Fund Billionaire Bill Ackman's Move on Global Snack Food Company
Mondelez International, Inc. (NASDAQ:MDLZ) jumped more than 7% in premarket trading after activist investor Bill Ackman (Trades, Portfolio) said he would pay approximately $5.5 billion for a 7.5% stake in the maker of Oreo cookies and Ritz crackers, buying about 120.3 million shares. More...

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LBO Time for Michael Kors? Bill Ackman - LBO Time For Michael Kors?
Option buyers are risk takers. They are often willing to bet relatively small amounts of cash on events that could pay off in a hugely leveraged fashion. In a worst case, they can lose up to 100% of their money. If things work out well, the sky is the limit. More...

VALUE INVESTING,INVESTMENT PYSCHOLOGY,OPTIONS


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The Full Interview From Delivering Alpha With Nelson Peltz and Bill Ackman
What is Bill Ackman (Trades, Portfolio)'s favorite investment today? More...

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Bill Ackman and Nelson Peltz Joint Interview
Bill Ackman (Trades, Portfolio) of Pershing Capital and Nelson Peltz of Trian Fund Management did a joint interview at CNBC's Delivering Alpha Conference. Both activist investors discussed activism and recent campaigns that they both fought. They both discussed McDonald's (NYSE:MCD), Burger King (NYSE:BKW) and Wendy's. Mr. Peltz discussed his recent campaign in DuPont (NYSE:DD) and the biggest mistakes he made in his activist campaign. Mr. Ackman talked about Fannie Mae (FNMA) and Freddie Mac (FMCC) and the Third Amendment that allows the government to take all of Fannie and Freddie's profits. After talking about Fannie and Freddie, Ackman and Peltz talked about other various topics with the interviewer. More...

BILL ACKMAN,NELSON PERLTZ,INTERVIEW,DELIVERING ALPHA,CNBC,ACTIVISTISM,


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Why Bill Ackman Doesn't Invest in Technology Companies Bill Ackman - Why Bill Ackman Doesn't Invest In Technology Companies
Warren Buffett (Trades, Portfolio) is famous for avoiding exposing capital to technology companies. His basis for this is that he won't invest in anything he can't understand. More...

Bill Ackman, Video, Technology


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Will Bill Ackman Go After Express Scripts Next?
Bill Ackman (Trades, Portfolio) of Pershing Square, the second most well known activist investor only after Carl Icahn (Trades, Portfolio), just raised more money by issuing a billion worth of bonds. The NY Post reported that according to a source on an investor's call: Ackman plans to use the debt proceeds to help his $20 billion fund take on a big target. Ackman gets his fair share of headlines, and his targets usually quickly get bumped up a few notches. That makes it both fun and potentially profitable to speculate on his next target. With his fund getting bigger and bigger targets are becoming scarce which helps. More...

LONG, ACTIVIST, HEALTHCARE, AUTO,


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Acquisition in the Health Care Industry Increased Volatility
In a previous article we discussed some reasons why Bill Ackman (Trades, Portfolio) initiated a position in Valeant Pharmaceuticals International (NYSE:VRX) to $3.87 billion, according to the fund's latest filing. More...

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Bill Ackman's Pershing Square Releases Letter To Herbalife CEO Michael Johnson
Pershing Square Capital Management, L.P. released today a letter to Herbalife (HLF) CEO Michael Johnson concerning his serious admissions about Herbalife and its conduct that were revealed by the New York Post. The letter reads as follows: More...

Bill Ackman, Pershing Square, Herbalife


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Follow Bill Ackman in Valeant Pharmaceuticals
Over the past days hedge funds have been filing their form 13-F, which is a quarterly report of equity holdings filed by institutional investment managers with at least $100 million in equity assets under management, as required by the United States Securities and Exchange Commission (SEC). More...

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Post-Mortem Of A Failed Investment: J.C. Penney Bill Ackman - Post-Mortem Of A Failed Investment: J.C. Penney
In June 2012, I published an article outlining why I believed J.C. Penney (JCP) was a solid investment (here). At the time, the stock was trading at roughly $22 per share; three years later, it’s near $8 per share, for a loss on the investment of more than 60%. Clearly this is not how I envisioned this investment playing out. More...

LONG, JCP, JC Penney


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A Close Look of Herbalife Clubs Worldwide: Part II
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A Close Look of Herbalife Clubs Worldwide: Part I Bill Ackman,David Einhorn - A Close Look Of Herbalife Clubs Worldwide: Part I
This is a very long post. I have done a lot of work on Herbalife that should be made public – and I am travelling on several long-haul plane journeys which gave me time to splice it all together. [Now in New York via London and the Middle East.] More...

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The Latest Investing Moves by Seven Masters of the Universe Warren Buffett,Bill Ackman - The Latest Investing Moves By Seven Masters Of The Universe
45 days after quarter end, large institutional investors have to report their holdings to the SEC, which are then made available to the investing public. So as of late last week, we now have updated visibility into the trading machinations of the masters of the universe. More...

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Paul Tudor Jones Adds To Position in CSX Corp
Paul Tudor Jones (Trades, Portfolio) is the president and founder of Tudor Investment Corporation. He is one of the most successful investors of current times. Last quarter, he increased his stake in CSX Corporation (NYSE:CSX) by buying 142,379 shares. As of March 31, he held 325,494 shares of the company. More...

LONG, TRANSPORTATION


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A Look at Bill Ackman’s Investment in Air Products Bill Ackman - A Look At Bill Ackman’s Investment In Air Products
Bill Ackman (Trades, Portfolio) is known for his activist approach. 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. More...

LONG, INDUSTRIALS


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User Comments

Rgoshen
ReplyRgoshen - 1 month ago
I thought Bill Ackman (Trades, Portfolio) owned FNMA?
SarahStewart732
ReplySarahStewart732 - 2 months ago
Emm highly interested in it? can you recommend me some tips?
UsLeatherFirm
KimJenkins055
ReplyKimJenkins055 - 2 months ago
can I get pdf of it? very good..
SamishLeather David Beckham Black Jacket

Hicksdianne10@google
ReplyHicksdianne10@google - 2 months ago
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Patsysherry725
ReplyPatsysherry725 - 5 months ago
this is definitely very important than other things. I always try to read prominent and major headlines.
Dominic Toretto Jacket
Gm1
ReplyGm1 - 11 months 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 - 1 year 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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