Pershing Square (Bill Ackman) 2018 Interim Financial Statements

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About: Pershing Square Holdings, Ltd. (PSHZF), ADP, CMG, QSR, LOW, UTX, MDLZ, HHC, PAH-OLD, FMCC, FNMA
by: Fund Letters
Summary

Includes detailed analysis of Pershing Square's positions in ADP, CMG, QSR, LOW, UTX, MDLZ, HHC, PAH, FMCC, FNMA.

Year-to-date performance, through August 7th, has increased to 12.7% (NAV per share is now $19.62) compared with 8.1% for the S&P 500.

We made substantial progress in the first half of 2018 which has continued year-to-date.