Pershing Square Capital Management 13F holdings, Q4 2008
Holdings as of December 31, 2008 · filings on SEC EDGAR · latest filing →
Pershing Square Capital Management disclosed 11 US equity positions worth $2.4bn in its Q4 2008 13F filing. The largest position was TGT at 40.7% of the reported book, followed by E M C CORP MASS and V. Against the Q3 2008 filing, it opened 3 new positions, added to 2 and reduced 3 among the top 11 holdings.
What did Pershing Square Capital Management own in Q4 2008? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2008 |
|---|---|---|---|---|---|---|---|
| 1 | TGT TARGET CORP | Consumer Defensive | 40.7% | $993.3m | 28,767,604 | 33% | added |
| 2 | E M C CORP MASS | 25.1% | $613.7m | 58,619,033 | 0% | held | |
| 3 | V VISA INC | Financial Services | 15.3% | $374.3m | 7,135,608 | 164% | added |
| 4 | WENDYS ARBYS GROUP INC | 9.5% | $232.4m | 47,044,509 | -15% | reduced | |
| 5 | DR PEPPER SNAPPLE GROUP INC | 7.2% | $175.9m | 10,824,220 | -51% | reduced | |
| 6 | GENERAL GROWTH PPTYS INC | 1.1% | $25.9m | 20,080,690 | – | new | |
| 7 | SEARS HLDGS CORP | 0.5% | $11.8m | 302,936 | -40% | reduced | |
| 8 | SAKS INC | 0.2% | $5.8m | 1,330,841 | – | new | |
| 9 | BORDERS GROUP INC | 0.2% | $4.2m | 10,597,880 | 0% | held | |
| 10 | GLRE GREENLIGHT CAPITAL RE LTD | Financial Services | 0.1% | $3.2m | 250,000 | 0% | held |
| 11 | ALX ALEXANDERS INC | Real Estate | 0.1% | $2.1m | 8,205 | – | 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.