Pershing Square Capital Management 13F holdings, Q3 2008
Holdings as of September 30, 2008 · filings on SEC EDGAR · latest filing →
Pershing Square Capital Management disclosed 13 US equity positions worth $3.9bn in its Q3 2008 13F filing. The largest position was TGT at 27.3% of the reported book, followed by E M C CORP MASS and DR PEPPER SNAPPLE GROUP INC. Against the Q2 2008 filing, it opened 5 new positions, added to 4 and reduced 1 among the top 13 holdings.
What did Pershing Square Capital Management own in Q3 2008? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2008 |
|---|---|---|---|---|---|---|---|
| 1 | TGT TARGET CORP | Consumer Defensive | 27.3% | $1.1bn | 21,621,549 | 10% | added |
| 2 | E M C CORP MASS | 18.0% | $701.0m | 58,615,731 | 47% | added | |
| 3 | DR PEPPER SNAPPLE GROUP INC | 15.1% | $586.0m | 22,128,910 | 4% | added | |
| 4 | WACHOVIA CORP NEW | 8.7% | $338.1m | 96,599,975 | – | new | |
| 5 | WENDYS/ARBYS GROUP INC A | 7.5% | $292.6m | 55,619,748 | – | new | |
| 6 | LONGS DRUG STORES CORP | 6.1% | $237.3m | 3,137,659 | 3559% | added | |
| 7 | BARNES & NOBLE INC | 4.4% | $170.6m | 6,540,451 | 0% | held | |
| 8 | V VISA INC | Financial Services | 4.3% | $166.0m | 2,703,618 | – | new |
| 9 | AMERICAN INTL GROUP INC | 2.9% | $111.5m | 33,495,568 | – | new | |
| 10 | MA MASTERCARD INC | Financial Services | 2.6% | $101.1m | 569,924 | – | new |
| 11 | BORDERS GROUP INC | 1.8% | $69.5m | 10,597,880 | 0% | held | |
| 12 | SEARS HLDGS CORP | 1.2% | $46.8m | 501,000 | -93% | reduced | |
| 13 | GLRE GREENLIGHT CAPITAL RE LTD | Financial Services | 0.1% | $5.7m | 250,000 | 0% | held |
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.