Pershing Square Capital Management 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Pershing Square Capital Management disclosed 9 US equity positions worth $6.0bn in its Q4 2018 13F filing. The largest position was QSR at 17.3% of the reported book, followed by LOW and CMG. Against the Q3 2018 filing, it opened 2 new positions, added to 3 and reduced 3 among the top 9 holdings.
What did Pershing Square Capital Management own in Q4 2018? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 17.3% | $1.0bn | 19,685,602 | -6% | reduced |
| 2 | LOW LOWES COS INC | Consumer Cyclical | 14.8% | $880.8m | 9,536,591 | 13% | added |
| 3 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 14.1% | $838.0m | 1,940,799 | -6% | reduced |
| 4 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 13.2% | $786.0m | 10,947,479 | – | new |
| 5 | SBUX STARBUCKS CORP | Consumer Cyclical | 12.7% | $757.0m | 11,754,441 | – | new |
| 6 | UTXZ UNITED TECHNOLOGIES CORP | 10.0% | $594.0m | 5,578,203 | 13% | added | |
| 7 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 9.0% | $533.7m | 4,070,126 | 1% | added |
| 8 | PLATFORM SPECIALTY PRODS COR | 7.0% | $417.9m | 40,451,506 | 0% | held | |
| 9 | HHH HOWARD HUGHES CORP | Real Estate | 2.0% | $120.4m | 1,233,589 | -42% | reduced |
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.