Pershing Square Capital Management 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Pershing Square Capital Management disclosed 8 US equity positions worth $6.7bn in its Q1 2019 13F filing. The largest position was CMG at 19.7% of the reported book, followed by QSR and LOW. Against the Q4 2018 filing, it opened 0 new positions, added to 1 and reduced 6 among the top 8 holdings.
What did Pershing Square Capital Management own in Q1 2019? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 19.7% | $1.3bn | 1,862,710 | -4% | reduced |
| 2 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 17.8% | $1.2bn | 18,342,703 | -7% | reduced |
| 3 | LOW LOWES COS INC | Consumer Cyclical | 15.2% | $1.0bn | 9,315,033 | -2% | reduced |
| 4 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 13.6% | $911.4m | 10,966,251 | 0% | held |
| 5 | UTXZ UNITED TECHNOLOGIES CORP | 11.2% | $750.0m | 5,819,203 | 4% | added | |
| 6 | SBUX STARBUCKS CORP | Consumer Cyclical | 11.1% | $743.0m | 9,994,049 | -15% | reduced |
| 7 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 9.6% | $643.7m | 4,029,526 | -1% | reduced |
| 8 | HHH HOWARD HUGHES CORP | Real Estate | 2.0% | $131.4m | 1,194,793 | -3% | 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.