Pershing Square has rallied strongly year to date, yet the valuation checks currently lean expensive, creating a clear ...

Pershing Square USA gives you access to Bill Ackman, but it comes with a unique twist that investors need to understand.

That is an extraordinarily concentrated way to run a fund of this size. It also makes Ackman's portfolio unusually easy to study. When a manager owns this few names, every big position is a statement ...

To the Shareholders of Pershing Square Holdings, Ltd. In 2025, Pershing Square Holdings generated NAV performance of 20.9% and a 33.9% total shareholder return as a result of the narrowing of the ...

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. All investments involve the possibility of profit and the risk of loss, including the loss of principal. This document does not ...

"If we cannot get this transaction done, we will move on to target number two," Ackman said on an investor call.

Bill Ackman is offering an innovative inducement to get investors to buy a new U.S. closed-end equity fund. Will it be enough to attract a sizable number of investors? Buyers of the fund will get 20 ...