13F filing recap · Q3 2024

What did Pershing Square Capital Management buy in Q3 2024?

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

Stock value

$12.92B

Positions

Estimated turnover

25.7%

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.

Quarter in review

Pershing Square Capital Management opened new positions in Seaport Entertainment Group and dramatically increased its stakes in Brookfield Corporation and Nike. The firm trimmed Hilton Worldwide Holdings, while making slight reductions to Restaurant Brands International and Canadian Pacific Kansas City.

New positions

SEGSeaport Entertainment Group Inc.$57.44Mreported value+2.09M shares SEGSeaport Entertainment Group Inc.$6.18Mreported value+2.09M shares

Increased positions

BNBrookfield Corporation$1.74Breported value+25.88M shares+377.6%NKENike, Inc.$1.44Breported value+13.24M shares+435.5%

Reduced positions

HLTHilton Worldwide Holdings Inc.$1.70Breported value-1.58M shares-17.7%QSRRestaurant Brands International Inc.$1.66Breported value-141.6K shares-0.6%CPCanadian Pacific Kansas City Ltd/cn$1.27Breported value-88.0K shares-0.6%