Professional
Added to YB: 2019-07-15
Pitch date: 2019-07-15
PSHZF [bullish]
Pershing Square Holdings, Ltd.
+211.65%
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 16.91
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 holding: Pershing Square Holdings (PSHZF)
PSHZF: Pershing Square's closed-end fund trades at 30% discount to NAV of high-quality holdings like ADP, Chipotle, Hilton, Starbucks. Despite mistakes, Ackman's flagship fund returned 7x since '04 (SPX 2x). Buybacks of $350M+ shares show confidence in NAV growth & discount narrowing.
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