13F filing recap · Q2 2006

What did Pershing Square Capital Management buy in Q2 2006?

Reported stock-position changes between this filing and the previous one.

Stock value

$312.88M

Positions

Estimated turnover

104.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

BKSBarnes & Noble Inc$55.78Mreported value+1.53M shares

Increased positions

VIABViacom Inc.$147.05Mreported value+817.5K shares+24.9%

Reduced positions

WENWendy'S International Inc$76.69Mreported value-437.0K shares-24.9%

Exited positions

SHLDQSears Holdings Corporation$206.37Mprior reported value-1.57M shares-100.0%HNZH.j. Heinz Company$128.50Mprior reported value-3.39M shares-100.0%KSSKohl'S Corp$67.68Mprior reported value-1.28M shares-100.0%MCDMcdonald’s Corporation$3.61Mprior reported value-105.1K shares