Pershing Square Capital Management, L.P.
Institutional investor · Portfolio as of Q3 2023
SEC EDGAR SourceSEC Filings
Pershing Square Capital Management, L.P. manages $10.5B across 8 positions as of Q3 2023. Top holdings: CMG (16.6%), QSR (14.8%), HLT (14.7%). Fund DNA: Concentrated Value. HoldingsIntel Rating: 5/5.0.
Q3 2023 Summary
Added 1 new position, exited 1, increased 2, trimmed 1. Top move: HHH (NEW, conviction 100). Portfolio: $10.5B across 8 positions.
Top holdings by portfolio weight
CMG16.65%
QSR14.82%
HLT14.75%
LOW14.00%
HHH11.87%
GOOG11.78%
CP10.70%
GOOGL5.43%
HHC0.00%
Portfolio allocation by GICS sector
Consumer Cyclical60.21%
Communication Services17.21%
Real Estate11.87%
Industrials10.70%
Behavioral investing profile
7-dimension quality assessment
Elite(5.0 / 5.0)
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
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View plansCost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Holdings8 positions
Activity:
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
CHIPOTLE MEXICAN GRILL INC | 953,608 | $1.7B | 16.6% | $9.21 | +297.84% | 20 qtrssince 2018-Q4 | Unchanged 0 |
RESTAURANT BRANDS INTL INC | 23.3M | $1.6B | 14.8% | $42.95 | +43.61% | 20 qtrssince 2018-Q4 | Unchanged 0 |
HILTON WORLDWIDE HLDGS INC | 10.3M | $1.5B | 14.7% | $78.07 | +91.23% | 20 qtrssince 2018-Q4 | Increased 72 |
LOWES COS INC | 7.1M | $1.5B | 14.0% | $84.11 | +135.29% | 20 qtrssince 2018-Q4 | Decreased 0 |
HOWARD HUGHES | 16.8M | $1.2B | 11.9% | $70.67 | 0.00% | 1 qtr | New 100 |
ALPHABET INC | 9.4M | $1.2B | 11.8% | $103.16 | +26.87% | 3 qtrssince 2023-Q1 | Unchanged 0 |
CANADIAN PACIFIC KANSAS CITY | 15.1M | $1.1B | 10.7% | $78.01 | -6.01% | 2 qtrssince 2023-Q2 | Unchanged 0 |
ALPHABET INC | 4.4M | $569.9M | 5.4% | $114.95 | +12.99% | 3 qtrssince 2023-Q1 | Increased 100 |
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer