13F filing recap · Q1 2007

What did Pershing Square Capital Management buy in Q1 2007?

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

Stock value

$2.14B

Positions

Estimated turnover

19.1%

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

CSGCadbury Schweppes Plc$1.82Mreported value+35.4K shares

Increased positions

MCDMcdonald’s Corporation$845.12Mreported value+300.0K shares+1.6%CENCeridian Corporation$715.36Mreported value+4.81M shares+30.6%BKSBarnes & Noble Inc$258.02Mreported value+1.03M shares+18.7%LMLegg Mason Inc$180.67Mreported value+1.50M shares