William Ackman
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).
Ackman proved his acumen as a short seller in 2007/2008 as short positions he held in MBIA (NYSE: MBI) and Ambac (NYSE: ABK) proved to be big winners due to the credit crunch.
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.
-
Visa (V) on Watch Amid Unconfirmed Chatter
-
Market Wrap: Prelim. Q2 GDP Tops Views; Swipe-Fees Under Fire; Fed Sees Growth, If...
-
Top 10 News Items 2/1-2/5: 9.7% Unemployment Rate Surprises the Market, Dow Breaks 10,000, But Recovers, Troubles at Toyota Continue
-
Ackman's Pershing Square Shows New Stake In ADP (NYSE: ADP)
-
Ackman's Pershing Square Shows New Stake In Yum Brands (YUM), Raises Apartment Investment (AIV)
-
Ackman's Pershing Square Loads Up On Visa (V), Sells Dr Pepper (DPS) and Wendy's (WEN)
-
Ackaman's Pershing Square Boosts Stake in Visa (V) Over 4M Shares
-
Quarterly Data Confirms Hedge Funds Exited Stocks In A Big Way
-
Ackman's Pershing Square 13F; Shows New Stakes in Visa (V) and MasterCard (MA)
-
Ackman's Pershing Square Shows New 2.7M Shares Stake in Visa (V)
