Bill Ackman is ranked in 2020 as America’s 25th richest hedge fund manager with a current net worth of over $2.2 billion. He is ranked #391 on the Forbes 400 wealthiest list.
Bill Ackman became a billionaire through operating the Pershing Square Capital Management hedge fund that he founded in 2004. He became famous in the financial world for his short position on bond insurer MBIA and his rescue of mall operator General Growth early on in his trading career.
His approach is mostly as a contrarian trader and investor betting against companies by going short their stock when they are popular but sees flaws in their business models. He also goes long stocks when they are not popular when he sees value in their stock price versus the business and remaining risk to the downside. He has been an activist investor in the past trying to create change through his vocal involvement with the companies he has investment positions in and will also publicly explain his short positions based on a companies flawed business model.
Bill Ackman has had both big wins and also big losses in his professional investing and trading career and many have been very entertaining to watch play out in real time as he is so public about them, especially when other big traders come out to take a counter position against him.
Below is the current Bill Ackman portfolio in 2020 after his Q3 update. This is a breakdown of his trading and investing portfolio positions from his fund’s 13F filings as of the end of the 3nd quarter of 2020.
Here are the stock holdings of his Pershing Square Capital Management LLC. with the total portfolio percentage of each position.
Position: Portfolio%
Lowe’s LOW: 23.33%
Restaurant Brands International Inc: QSR 16.37%
Chipotle Mexican Grill Inc: CMG 16.37%
Agilent Technologies Inc: A 14.01%
Hilton Worldwide Holdings Inc: HLT 12.92%
Starbucks Corp: SBUX 9.87%
Howard Hughs Corp: HHC 7.13%
