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||17,159,888||-5,965,304||$156.10||$2,678,658,517||History »||Related Stories »|
|Air Products & Chemicals, Inc.||APD||20,549,076||+3,792||$121.67||$2,500,206,077||History »||Related Stories »|
|Beam, Inc.||BEAM||20,818,545||$83.25||$1,733,143,872||History »||Related Stories »|
|Burger King Worldwide||BKW||38,387,865||+15,745||$27.53||$1,056,817,924||History »||Related Stories »|
|General Growth Properties, Inc.||GGP||27,624,282||-8,056,900||$22.13||$611,325,361||History »||Related Stories »|
|Howard Hughes||HHC||3,568,017||$144.46||$515,435,736||History »||Related Stories »|
|Procter & Gamble Co.||PG||739,605||-1,384,288||$78.38||$57,970,240||History »||Related Stories »|
|Procter & Gamble Co. (CALL)||PG||Liquidated||History »||Related Stories »|