13F filing recap · Q3 2022

What did Pershing Square Capital Management buy in Q3 2022?

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

Stock value

$7.88B

Positions

Estimated turnover

22.0%

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.

Increased positions

LOWLowe’s Companies, Inc.$1.95Breported value+167.5K shares+1.6%QSRRestaurant Brands International Inc.$1.29Breported value+371.5K shares+1.6%HLTHilton Worldwide Holdings Inc.$1.21Breported value+123.0K shares+1.2%CPCanadian Pacific Kansas City Ltd/cn$1.02Breported value+12.29M shares+417.5%

Exited positions

DPZDomino’s Pizza, Inc.$803.31Mprior reported value-2.06M shares-100.0%