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||$145.29||$2,493,160,128||History »||Related Stories »|
|Air Products & Chemicals, Inc.||APD||20,549,076||+3,792||$116.31||$2,390,063,030||History »||Related Stories »|
|Beam, Inc.||BEAM||20,818,545||$83.30||$1,734,184,799||History »||Related Stories »|
|Burger King Worldwide||BKW||38,387,865||+15,745||$25.41||$975,435,650||History »||Related Stories »|
|General Growth Properties, Inc.||GGP||27,624,282||-8,056,900||$22.44||$619,888,889||History »||Related Stories »|
|Howard Hughes||HHC||3,568,017||$137.84||$491,815,464||History »||Related Stories »|
|Procter & Gamble Co.||PG||739,605||-1,384,288||$80.84||$59,789,669||History »||Related Stories »|
|Procter & Gamble Co. (CALL)||PG||Liquidated||History »||Related Stories »|