Previous close | 52.10 |
Open | 52.70 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 51.80 - 52.70 |
52-week range | 33.15 - 64.90 |
Volume | |
Avg. volume | 25,978 |
Market cap | 9.568B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 3.95 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
When this column tipped £8.7bn US equities fund Pershing Square Holdings in August 2022, we hailed fund manager Bill Ackman’s conversion from “Wall Street buccaneer to Warren Buffett”, the legendary value investor at Berkshire Hathaway.
Pershing Square Capital Management Founder and CEO Bill Ackman has amassed over $4 billion in wealth by timing the markets correctly. The billionaire Harvard University graduate turned heads by predicting the global shutdown during the first wave of the COVID-19 pandemic, pocketing a 100-fold return on his $26 million investment, yielding roughly $2.6 billion in just a month. In 2023, Pershing Square's total returns stood at nearly 27%, beating the benchmark S&P 500 index's annual returns last y
Pershing Square shares are up 196% in five years. Ben McPoland looks at two top holdings that have been powering this FTSE 100 fund higher. The post Billionaire Bill Ackman has 37% of his FTSE 100-listed fund in these 2 superb stocks appeared first on The Motley Fool UK.