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Added to YB: 2024-06-19

Pitch date: 2024-03-31

PSHZF [bullish]

Pershing Square Holdings, Ltd.

+29.88%

current return

Author Info

No bio for this author

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 51.57

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

N/A

EV/Sales

N/A

Sector

Capital Markets

Category

special_situation

Show full summary:
Seven Corners Capital Portfolio Holding: Pershing Square Holdings, Ltd.

PSHZF: Ackman's fund. Q1 '24 +11.5% vs NAV +6.8%, discount now 25.6%. Thesis: 1) Ackman outperforms; 2) NAV discount closes for +34% upside. Amending IMA to cut fees, boost returns & demand. Launching US fund to cut PSH fees to 0% long-term. Ongoing buybacks.

Read full article (3 min)