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|
|Canadian Pacific Railway Ltd||CP||23,125,192||-1,034,696||$152.93||$3,536,535,613||History »||Related Stories »|
|Air Products & Chemicals, Inc.||APD||20,545,284||$108.61||$2,231,423,296||History »||Related Stories »|
|Procter & Gamble Co. (CALL)||PG||25,000,000||+25,000,000||$84.29||$2,107,250,000||History »||Related Stories »|
|Beam, Inc.||BEAM||20,818,545||$66.26||$1,379,436,792||History »||Related Stories »|
|Burger King Worldwide||BKW||38,372,120||$21.27||$816,174,993||History »||Related Stories »|
|General Growth Properties, Inc.||GGP||35,681,182||-32,107,975||$21.10||$752,872,941||History »||Related Stories »|
|Howard Hughes||HHC||3,568,017||$111.84||$399,047,022||History »||Related Stories »|
|Procter & Gamble Co.||PG||2,123,893||-31,816,240||$84.29||$179,022,941||History »||Related Stories »|
|J.C. Penney Co., Inc.||JCP||Liquidated||History »||Related Stories »|
|Matson, Inc.||MATX||Liquidated||History »||Related Stories »|