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||24,159,888||$136.42||$3,295,891,921||History »||Related Stories »|
|Procter & Gamble Co.||PG||27,946,892||$78.80||$2,202,215,090||History »||Related Stories »|
|General Growth Properties, Inc.||GGP||74,733,712||$22.86||$1,708,412,657||History »||Related Stories »|
|Beam, Inc.||BEAM||20,818,545||$68.37||$1,423,363,922||History »||Related Stories »|
|J.C. Penney Co., Inc.||JCP||39,075,771||$18.98||$741,658,134||History »||Related Stories »|
|Burger King Worldwide||BKW||38,372,120||+10,760||$18.94||$726,767,953||History »||Related Stories »|
|Howard Hughes||HHC||3,568,017||$108.00||$385,345,836||History »||Related Stories »|
|MONDELEZ INT-A||MDLZ||5,978,956||+5,978,956||$31.01||$185,407,426||History »||Related Stories »|
|Matson, Inc.||MATX||3,033,985||-610,963||$26.01||$78,913,950||History »||Related Stories »|
|Procter & Gamble Co. (CALL)||PG||957,600||-3,375,600||$78.80||$75,458,880||History »||Related Stories »|
|Liquidated||History »||Related Stories »|