Ackman's Pershing Square Shows Raised Stakes in General Growth (GGP), Kraft (KFT), New Position in Alexander & Baldwin (ALEX)

May 16, 2011 5:32 PM EDT
The 13F from Bill Ackman's Pershing Square Capital shows the fund:
  • liquidated positions in Target (NYSE: TGT), General Motors (NYSE: GM) and ADP (NYSE: ADP)
  • raised stakes in General Growth Properties (NYSE: GGP) and Kraft (NYSE: KFT)
  • reduced a stake in Corrections Corp. of America (NYSE: CXW)
  • opened a new position in Alexander & Baldwin (NYSE: ALEX)

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