Bill Ackman runs hedge fund Pershing Square Capital, which he started in 2003 following the dissolution of Gotham Partners.
Ackman is a value investor with an activist bent. Activist investors agitate management for changes. He owns large positions in Target (NYSE: TGT) and Borders (NYSE: BGP). He has also been involved in activist situations at Wendy's (NYSE: WEN) and McDonald's (NYSE: MCD).
In July 2008, Ackman said he was short the common stock of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Ackman also laid out a plan to reorganize the GSEs, which would wipe out the common shareholders.
William Ackman's Portfolio
|Company||Ticker||# of Shares||Change||Price||Value|
|Allergan, Inc.||AGN||28,878,538||+28,281,107||$184.21||$5,319,715,485||History »||Related Stories »|
|Canadian Pacific Railway Ltd||CP||13,938,302||-3,221,586||$204.83||$2,854,982,399||History »||Related Stories »|
|Air Products & Chemicals, Inc.||APD||20,549,076||$131.50||$2,702,203,494||History »||Related Stories »|
|Burger King Worldwide||BKW||38,387,865||$31.65||$1,214,975,928||History »||Related Stories »|
|Platform Specialty Products||PAH||42,737,394||+9,404,064||$25.87||$1,105,616,383||History »||Related Stories »|
|Howard Hughes||HHC||3,568,017||$144.96||$517,219,745||History »||Related Stories »|
|Apartment Investment & Management Co.||AIV||Liquidated||History »||Related Stories »|
|Beam, Inc.||BEAM||Liquidated||History »||Related Stories »|
|Home Properties, Inc.||HME||Liquidated||History »||Related Stories »|