13F filing recap · Q4 2023

What did Pershing Square Capital Management buy in Q4 2023?

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

Stock value

$10.40B

Positions

Estimated turnover

18.9%

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

HHHHoward Hughes Holdings Inc.$1.61Breported value+2.05M shares+12.2%

Reduced positions

CMGChipotle Mexican Grill, Inc.$1.89Breported value-128.6K shares-13.5%HLTHilton Worldwide Holdings Inc.$1.67Breported value-1.12M shares-10.9%LOWLowe’s Companies, Inc.$277.19Mreported value-5.82M shares-82.4%