Follow the Money—Ackman Style

🚗💼 Bill Ackman’s Pershing Square: Betting Big, Driving Hertz, and Not Crashing the Portfolio

📈 The $2.6 Billion Man Strikes Again—This Time, in a Rental Car

Bill Ackman’s Pershing Square Capital Management just pulled off another high-octane move: a bet on Hertz (HTZ)—yes, the rental car company you associate with airport garages and pre-flight panic. The result? The stock doubled, and Ackman’s grin may now be insured separately as a performance asset. 😎💰


🧠 Who Is Bill Ackman?

Founder, CEO, billionaire philanthropist, and former Harvard social studies major turned Wall Street thunderstorm. 🌩️
Ackman launched Pershing Square in 2004 with a modest $50 million and a dream. Today, the fund manages $18.5 billion, proving once and for all that liberal arts majors can rule finance (provided they also get an MBA from Harvard). 🎓


🏛️ Pershing Square at a Glance

Attribute Details
📍 HQ New York City
👨👩👧 Employees <100 (including a fly fishing guide and a cab find)
💸 AUM $18.5 billion
🧾 Founded 2004
🎯 Strategy Concentrated, Buffett-inspired, flexible, and at times activist
🧪 Portfolio Size approx. 7 core holdings
🔁 Holding Period Weeks to years
🏛️ Ticker OTC: PSHZF

🍟 Big Bets on Burgers, Beds, and... Google

Pershing Square isn’t just throwing darts. Ackman keeps things tight. His top six holdings—Brookfield Corp (BN), Restaurant Brands Intl. (QSR), Howard Hughes (HHC), Chipotle (CMG), Alphabet (GOOG/GOOGL), and Hilton (HLT)—make up close to 75% of his portfolio. (Buffett might call that “focus.” We call it “having lunch, sleeping it off, and Googling the rest of life.” 🍔🛏️🔍)

12 TOTAL Positions
BROOKFIELD CORP CL A LTD VT SH 1,734,185 107,212 6.59 34,893,064
RESTAURANT BRANDS INTL INC COM 1,454,118 UNCH 23,000,914
HOWARD HUGHES HOLDINGS INC COM 1,250,834 UNCH 18,852,064
CHIPOTLE MEXICAN GRILL INC COM 1,187,561 -200,466 (14.443) 24,653,533
ALPHABET INC CAP STK CL C 1,157,497 UNCH 7,547,582
HILTON WORLDWIDE HLDGS INC COM 1,144,963 -406,089 (26.182) 5,440,546
CANADIAN PACIFIC KANSAS CITY COM 1,108,831 UNCH 14,877,651
NIKE INC CL B 1,046,556 138,765 15.286 18,768,946
ALPHABET INC CAP STK CL A 602,598 UNCH 3,986,488
HERTZ GLOBAL HLDGS INC COM NEW 104,763 104,763 New 12,713,963
SEAPORT ENTMT GROUP INC COMMON STOCK 92,789 54,101 139.836 5,023,780
SEAPORT ENTMT GROUP INC RT EXP 101024 0 -3,561 Sold Out 0

Source: Institutional Portfolio, Pershing Square Capital Management LP, Nasdaq


🎢 Risky Business: Not All Bets Are Golden

Sure, there was:

  • +2,000% return on that 2020 credit hedge ($27M turned into $2.6B in a month... NBD) 💸🚀

  • And now, Hertz zooming from $8 to $16 📈💥

But let’s not forget:

  • Valeant (R.I.P. $4 billion) ⚰️💊

  • Herbalife short: A billion-dollar vendetta with Carl Icahn playing the rival villain 😤💣

Ackman is bold, no doubt. Sometimes he wins. Sometimes... he really commits to the learning opportunity. 🤷♂️


🕵️♂️ Is Pershing Square a Top Pick Whose Every Move Is Worth Tracking?

Absolutely, and we give it a 9.5/10 for:

  • ✅ Concentration & Clarity

  • ✅ Buffett-like conviction

  • ✅ Transparency (letters, filings, and no hiding in the bushes)

  • ✅ Willingness to take the contrarian path, short or long

  • ❗ Some non-stock plays might make it harder to copycat

  • ❗ Misses happen—but lessons are loud: Bottom line? We can all learn from his mistakes. Add ours, and boom—thrival mode activated! 🤔➕💡📈🎯💥📚➡️📈💪


💡 Want a Piece of Pershing?

You don’t need $5 million (although it would help). If you're an unconditional fan, you can always buy Pershing Square Holdings (PSHZF) on the OTC market—a closed-end fund listed in London but accessible to mere mortals here too. 🏦💸


🧠 Final Thoughts: What Makes Ackman Tick?

  • Believes in bold bets over diversification ("diworsification," as he might say)

  • Mixes deep research with media muscle, brain power, and investment acumen 

  • Respects Buffett, but with an activist edge (think: “polite but firm dinner guest who may also take over your restaurant chain”) 🍽️


🗂️ Fun Files & Further Reading:


🤝 One Last Thing

If you like the idea of following financial superheroes who occasionally crash into walls but rebuild the car better than before—Pershing Square may be your kind of hedge fund.

Oh, and Hertz? It seems Bill rented that stock for a while. But unlike us at the airport, he actually got the upgrade. ✈️🚗💨

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