13F filing recap · Q1 2022

What did Pershing Square Capital Management buy in Q1 2022?

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

Stock value

$10.39B

Positions

Estimated turnover

15.1%

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

NFLXNetflix, Inc.$1.16Breported value+3.11M shares

Increased positions

CPCanadian Pacific Kansas City Ltd/cn$243.02Mreported value+130.5K shares+4.6%

Reduced positions

LOWLowe’s Companies, Inc.$2.06Breported value-29.2K shares-0.3%HLTHilton Worldwide Holdings Inc.$1.51Breported value-2.64M shares-21.0%QSRRestaurant Brands International Inc.$1.39Breported value-72.6K shares-0.3%DPZDomino’s Pizza, Inc.$841.71Mreported value-24.2K shares