Pershing Square Capital Management 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Pershing Square Capital Management disclosed 11 US equity positions worth $3.0bn in its Q2 2008 13F filing. The largest position was TGT at 30.0% of the reported book, followed by E M C CORP MASS and SEARS HLDGS CORP. Against the Q1 2008 filing, it opened 4 new positions, added to 2 and reduced 1 among the top 11 holdings.
What did Pershing Square Capital Management own in Q2 2008? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | TGT TARGET CORP | Consumer Defensive | 30.0% | $912.2m | 19,620,749 | -18% | reduced |
| 2 | E M C CORP MASS | 19.3% | $586.4m | 39,916,259 | – | new | |
| 3 | SEARS HLDGS CORP | 16.3% | $497.0m | 6,746,568 | 0% | held | |
| 4 | DR PEPPER SNAPPLE GROUP INC | 14.8% | $448.5m | 21,379,268 | – | new | |
| 5 | WENDYS INTL INC | 11.7% | $356.2m | 13,087,000 | 83% | added | |
| 6 | BARNES & NOBLE INC | 5.3% | $162.5m | 6,540,451 | 0% | held | |
| 7 | BORDERS GROUP INC | 2.1% | $63.6m | 10,597,880 | 0% | held | |
| 8 | GLRE GREENLIGHT CAPITAL RE LTD | Financial Services | 0.2% | $5.7m | 250,000 | 0% | held |
| 9 | MBI MBIA INC | Financial Services | 0.1% | $3.8m | 873,000 | 1229% | added |
| 10 | LONGS DRUG STORES CORP | 0.1% | $3.6m | 85,757 | – | new | |
| 11 | CADBURY PLC SPONS | 0.0% | $1.1m | 22,644 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.