Activist investor Bill Ackman likes to invest in real estate related situations, he tries to unlock the values of real estate in businesses. Didn’t always work out. His recent deal is with Growth Properties Inc. This is the Q1 portfolio update of his hedge fund Pershing Square.
Bill Ackman buys Kraft Foods Inc., Yum! Brands Inc., General sells Automatic Data Processing Inc., Hyatt Hotels Corporation during the 3-months ended 03/31/2010, according to the most recent filings of his investment company, Pershing Square Capital Management, L.P.. Bill Ackman owns 8 stocks with a total value of $3.3 billion. These are the details of the buys and sells.
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
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $45.19 billion; its shares were traded at around $30.55 with a P/E ratio of 14.8 and P/S ratio of 1.1. The dividend yield of Kraft Foods Inc. stocks is 3.8%.
Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum! Brands Inc. has a market cap of $19.3 billion; its shares were traded at around $41.13 with a P/E ratio of 18 and P/S ratio of 1.8. The dividend yield of Yum! Brands Inc. stocks is 2%. Yum! Brands Inc. had an annual average earning growth of 10.1% over the past 10 years. GuruFocus rated Yum! Brands Inc. the business predictability rank of 3.5-star.
General Growth Properties is one of the oldest and most experienced shopping center owners, developers and managers in the United States. General Growth Properties Inc has a market cap of $4.52 billion; its shares were traded at around $14.25 with a P/E ratio of 14 and P/S ratio of 1.4. General Growth Properties Inc had an annual average earning growth of 6% over the past 10 years.
Automatic Data Processing, Inc. is one of the largest providers of computerized transaction processing, data communication, and information services in the world. Automatic Data Processing Inc. has a market cap of $21.26 billion; its shares were traded at around $42.12 with a P/E ratio of 17.6 and P/S ratio of 2.4. The dividend yield of Automatic Data Processing Inc. stocks is 3.2%. Automatic Data Processing Inc. had an annual average earning growth of 2.8% over the past 10 years. GuruFocus rated Automatic Data Processing Inc. the business predictability rank of 4-star.
Hyatt Hotels Corporation is a global hospitality company that manages, franchises, owns and develops Hyatt branded hotels, resorts and residential and vacation ownership properties around the world. Hyatt Hotels Corporation has a market cap of $1.78 billion; its shares were traded at around $40.46 with and P/S ratio of 0.5.
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Bill Ackman buys Kraft Foods Inc., Yum! Brands Inc., General sells Automatic Data Processing Inc., Hyatt Hotels Corporation during the 3-months ended 03/31/2010, according to the most recent filings of his investment company, Pershing Square Capital Management, L.P.. Bill Ackman owns 8 stocks with a total value of $3.3 billion. These are the details of the buys and sells.
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
- Target Corp. (TGT) - 20,685,503 shares, 32.79% of the total portfolio. Shares reduced by 0.51%
- Kraft Foods Inc. (KFT) - 32,800,959 shares, 29.89% of the total portfolio. New Position
- Yum! Brands Inc. (YUM) - 15,200,130 shares, 17.56% of the total portfolio. New Position
- General Growth Properties Inc (GGP) - 23,953,782 shares, 11.62% of the total portfolio.
- Corrections Corp. Of America New (CXW) - 10,936,672 shares, 6.55% of the total portfolio.
New Purchase: Kraft Foods Inc. (KFT, Financial)
Bill Ackman initiated holdings in Kraft Foods Inc.. His purchase prices were between $27.18 and $30.8, with an estimated average price of $28.99. The impact to his portfolio due to this purchase was 29.89%. His holdings were 32,800,959 shares as of 03/31/2010.Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $45.19 billion; its shares were traded at around $30.55 with a P/E ratio of 14.8 and P/S ratio of 1.1. The dividend yield of Kraft Foods Inc. stocks is 3.8%.
New Purchase: Yum! Brands Inc. (YUM, Financial)
Bill Ackman initiated holdings in Yum! Brands Inc.. His purchase prices were between $32.72 and $38.64, with an estimated average price of $35.31. The impact to his portfolio due to this purchase was 17.56%. His holdings were 15,200,130 shares as of 03/31/2010.Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum! Brands Inc. has a market cap of $19.3 billion; its shares were traded at around $41.13 with a P/E ratio of 18 and P/S ratio of 1.8. The dividend yield of Yum! Brands Inc. stocks is 2%. Yum! Brands Inc. had an annual average earning growth of 10.1% over the past 10 years. GuruFocus rated Yum! Brands Inc. the business predictability rank of 3.5-star.
New Purchase: General Growth Properties Inc (GGP, Financial)
Bill Ackman initiated holdings in General Growth Properties Inc. His purchase prices were between $14.01 and $16.8, with an estimated average price of $15.54. The impact to his portfolio due to this purchase was 11.62%. His holdings were 23,953,782 shares as of 03/31/2010.General Growth Properties is one of the oldest and most experienced shopping center owners, developers and managers in the United States. General Growth Properties Inc has a market cap of $4.52 billion; its shares were traded at around $14.25 with a P/E ratio of 14 and P/S ratio of 1.4. General Growth Properties Inc had an annual average earning growth of 6% over the past 10 years.
Sold Out: Automatic Data Processing Inc. (ADP, Financial)
Bill Ackman sold out his holdings in Automatic Data Processing Inc.. His sale prices were between $40.28 and $44.91, with an estimated average price of $42.39.Automatic Data Processing, Inc. is one of the largest providers of computerized transaction processing, data communication, and information services in the world. Automatic Data Processing Inc. has a market cap of $21.26 billion; its shares were traded at around $42.12 with a P/E ratio of 17.6 and P/S ratio of 2.4. The dividend yield of Automatic Data Processing Inc. stocks is 3.2%. Automatic Data Processing Inc. had an annual average earning growth of 2.8% over the past 10 years. GuruFocus rated Automatic Data Processing Inc. the business predictability rank of 4-star.
Sold Out: Hyatt Hotels Corporation (H, Financial)
Bill Ackman sold out his holdings in Hyatt Hotels Corporation. His sale prices were between $28.63 and $39.53, with an estimated average price of $32.17.Hyatt Hotels Corporation is a global hospitality company that manages, franchises, owns and develops Hyatt branded hotels, resorts and residential and vacation ownership properties around the world. Hyatt Hotels Corporation has a market cap of $1.78 billion; its shares were traded at around $40.46 with and P/S ratio of 0.5.
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