Professional
Added to YB: 2021-04-15
Pitch date: 2021-04-15
PSHZF [bullish]
Pershing Square Holdings, Ltd.
+42.96%
current return
Author Info
1 Main Capital is a long-biased investment partnership that invests primarily in high-quality, attractively valued, growing businesses. Visit their fund website.
Company Info
Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.
Market Cap
N/A
Pitch Price
GBP 36.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Capital Markets
Category
value
1 Main Holdings top position: Pershing Square Holdings Ltd (PSHZF)
PSHZF: Ackman's fund at 25% discount to NAV despite strong performance (58% in 2019, 70% in 2020). COVID hedge added 37% to NAV. Upside from SPACs: PSH owns 90% of PSTH sponsor, getting 5.4% of target via warrants (could be worth $1B+). More SPACs could boost NAV 10%+ each.
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