Bill Ackman - Pershing Square Capital Management 13F Activity & Position Changes (Q2 2023)

As of Jun 30, 2023, the Pershing Square Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2023. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2023, the filing reported:

New Buys - Canadian Pacific Kansas City Li

Increases - Alphabet Inc., Hilton Worldwide Holdings Inc.

Reductions - Chipotle Mexican Grill, Inc., Lowe's Companies, Inc., Restaurant Brands International

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2023	CMG Chipotle Mexican Grill, Inc.	Chipotle Mexican Grill, Inc.	Sell	-75,578	-7.3%	$2.04B	953,608
Q2 2023	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Buy - Position Entry	+15,095,528	-	$1.22B	15,095,528
Q2 2023	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+1,307,425	+16.2%	$1.13B	9,377,195
Q2 2023	HLT Hilton Worldwide Holdings Inc.	Hilton Worldwide Holdings Inc.	Buy	+33,812	+0.4%	$1.36B	9,332,853
Q2 2023	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Sell	-2,567,264	-25.6%	$1.69B	7,468,850
Q2 2023	QSR Restaurant Brands International	Restaurant Brands International	Sell	-846,031	-3.5%	$1.81B	23,348,135