Bill Ackman 13F Portfolio Review and Investment Strategy

Bill Ackman is a well-known hedge fund manager who has been sharing his investment portfolio through 13F filings. He has a history of making bold bets on companies, often with significant results.

Ackman's portfolio is a mix of established companies and smaller, more speculative bets. He has a knack for identifying undervalued companies with strong growth potential.

One notable aspect of Ackman's portfolio is his significant stake in Chipotle Mexican Grill. He has been a long-time supporter of the company, and his investment has paid off in the past.

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Bill Ackman's hedge fund, Pershing Square Capital, acquired over 10 million shares of Alphabet (GOOGL) in the first quarter.

This massive position is worth around $1.2 billion, making it one of Ackman's largest holdings.

Pershing Square now owns 8,069,770 C shares and 2,185,000 A shares of Alphabet.

Ackman's hedge fund also cut its stakes in Chipotle Mexican Grill, Hilton Worldwide Holdings Inc, and Lowe's Companies Inc.

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The fund raised its stakes in Howard Hughes and Chipotle's rival Restaurant Brands International Inc.

These four companies represent Ackman's largest holdings, and the new Alphabet position has boosted the portfolio by 32.2% year-to-date.

Ackman's Q1 trades come after he warned about the potential for a "train wreck" in the U.S. economy due to aggressive rate hikes.

The hedge fund's portfolio was up 3.6% from the start of the year to May 09.

Trian Fund, another hedge fund, cut its stake in Ferguson Plc by almost 50%, while also lowering positions in Invesco Plc and The Wendy's Co.

The fund completely exited its small position in Sysco and opened a new position in GE HealthCare Technologies Inc.

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Bill Ackman's investment team at Pershing Square has a history of buying into struggling companies. They first invested in Chipotle stock in 2016 when the burrito chain was facing food-safety issues.

Ackman's investment strategy involves betting on a small number of large-cap stocks, which has worked out well for him. He purchased Google stock in the first quarter of 2023 when shares had fallen to a two-year low.

The Pershing Square portfolio also includes Burger King parent Restaurant Brands (QSR), which has been a holding of Ackman's for some time.

Broaden your view: Bill Ackman Stock Portfolio

Pershing Square Portfolio is a concentrated portfolio of stocks, where the investment team focuses on just a handful of large-cap stocks.

Bill Ackman, the founder of Pershing Square, has a history of buying into struggling companies and holding onto them long-term. He first purchased Chipotle stock in 2016 when the company was facing food-safety issues.

Chipotle remains a top holding in the Pershing Square portfolio even after the Q2 cuts. Ackman also bought Google stock in the first quarter of 2023 when shares had fallen to a two-year low.

Burger King parent Restaurant Brands (QSR) is another holding in the Pershing Square portfolio. Universal Music Group is also part of the portfolio, although it's not publicly traded in the U.S. market.

Ackman's investment strategy is all about betting on a few big winners, rather than spreading his bets across many stocks.

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Ackman retained a significant position in Chipotle Mexican Grill, holding 9,181,180 shares.

The value of these shares increased from $1,321,528,000 in Q4 2023 to $1,427,771,000 in Q1 2024.

Chipotle's value continued to grow, reaching $1,612,794,000 in Q4 2023, before decreasing slightly to $1,369,036,000 in Q1 2024.

These numbers demonstrate the potential for long-term growth in Ackman's core holdings.

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Bill Ackman's 13F filings offer a glimpse into his investment strategies and stock picks. He has a history of taking large positions in companies he believes have significant growth potential.

One notable example is his stake in Chipotle Mexican Grill, where he owned over 9.5 million shares. He also invested heavily in Valeant Pharmaceuticals, holding over 37 million shares.

Ackman's investment in Chipotle was not without its risks, as the company faced a food safety crisis in 2015. However, he remained committed to the stock, and it eventually rebounded.

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Bill Ackman's investment firm, Pershing Square, made some notable moves in the second quarter. Pershing Square picked up over 3 million shares of Nike, worth around $229 million.

Nike's stock had taken a hit in late June after the company posted a surprise quarterly sales drop. This was due to intense competition in the market.

Pershing Square also invested in Brookfield, an investment management company, buying 6.9 million shares. This was another significant move by the firm.

Ackman made some adjustments to his existing positions, cutting his stakes in Chipotle Mexican Grill and Alphabet. Both of these stocks saw an increase in value on the market.

He also made smaller cuts to his stakes in Hilton Hotels and Canadian Pacific Railway.

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Microsoft is a top stock pick, with a market capitalization of over $2 trillion. It's a leader in the tech industry and has a strong track record of innovation.

Amazon is another top stock pick, with a market capitalization of over $1 trillion. Its e-commerce platform is the largest in the world, and it's expanding into new areas like cloud computing and artificial intelligence.

Apple is a top stock pick, with a market capitalization of over $2 trillion. Its iPhone is one of the most popular smartphones in the world, and it's also a leader in the wearable technology market.

Johnson & Johnson is a top stock pick, with a market capitalization of over $1 trillion. It's a leader in the healthcare industry, with a diverse portfolio of pharmaceuticals, medical devices, and consumer products.

Tesla is a top stock pick, with a market capitalization of over $1 trillion. It's a leader in the electric vehicle market, and its innovative products are driving growth in the industry.

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Procter & Gamble is a top stock pick, with a market capitalization of over $300 billion. Its portfolio of consumer goods includes popular brands like Tide, Pampers, and Gillette.

Coca-Cola is a top stock pick, with a market capitalization of over $250 billion. Its iconic beverage brands are popular around the world, and it's expanding into new areas like coffee and tea.

Visa is a top stock pick, with a market capitalization of over $500 billion. Its payment processing technology is used by millions of merchants and consumers around the world, and it's a leader in the fintech industry.

Bill sold stocks because he had a significant loss in his portfolio, down 30% from its peak.

He had invested heavily in the tech sector, which was hit hard by the market downturn.

In the article, it was mentioned that he had bought 10,000 shares of XYZ stock at $50 each, but the stock price plummeted to $25.

This loss was a major factor in Bill's decision to sell his stocks.

He also wanted to take advantage of the tax benefits of selling his stocks at a loss, which could offset gains from other investments.

According to the article, Bill had a capital loss of $75,000, which he could use to reduce his tax liability.

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Bill Ackman's 13F filings reveal his portfolio management strategies, which are worth examining. He has a history of taking significant positions in companies he believes have strong growth potential.

Ackman's flagship fund, Pershing Square Capital Management, has delivered impressive returns, with a compound annual growth rate of 14.1% since its inception in 2004.

One key aspect of Ackman's portfolio management is his focus on event-driven investing, where he takes positions in companies undergoing significant changes, such as mergers and acquisitions or spin-offs.

He has successfully navigated this strategy, with a notable example being his investment in Herbalife, which he believed was undervalued due to the controversy surrounding the company.

Ackman's investment in Chipotle Mexican Grill is another example of his event-driven approach, where he took a significant position in the company after it faced food safety issues.

Ackman's portfolio is also characterized by a focus on long-term value creation, rather than short-term gains.

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Bill Ackman's 13F filings reveal his investment strategies and market conditions that influence his decisions. He focuses on long-term value creation, often holding onto positions for years.

Ackman's Pershing Square Capital Management has a history of taking significant stakes in companies, as seen in his 13F filings. His firm has invested in companies like Wendy's and Chipotle Mexican Grill.

In 2013, Ackman's Pershing Square Capital Management invested $1 billion in Chipotle Mexican Grill, a stake that eventually grew to $1.4 billion. This investment strategy is consistent with his long-term approach to value creation.

Ackman's 13F filings show that he often takes a contrarian view, investing in companies that are undervalued by the market. This approach has led to significant returns for his investors.

In 2018, Ackman's Pershing Square Capital Management reported a 13F filing showing a stake in Howard Hughes Corporation, a real estate investment trust.

Bill Ackman's investment strategy is a nuanced approach to value investing. He balances profit-taking with strategic reallocation by partially selling high-performing stocks and completely exiting others.

Ackman's portfolio adjustments reflect his confidence in long-term potential, as seen in his significant positions in strong performers like Hilton Worldwide Holdings and Alphabet Inc.

He's not afraid to make tough decisions, like reducing his stake in Chipotle Mexican Grill and completely selling out of Lowe's Companies, which may be part of a strategic reallocation of capital.

This reallocation could be a deliberate move to invest in other opportunities with higher growth potential or better alignment with his investment thesis.