Ackman's Pershing Square Sells ADP (ADP), Target (TGT) and GM (GM)
Tweet
Share
E-mailGet Alerts ALEX Hot Sheet
Up)Join SI Premium – FREE
Bill Ackman's Pershing Square Capital released its 13F for the quarter ended 03/31/2011.
The value of the disclosed portfolio was $5.4 billion at the end of the quarter, down from $5.8 billion at the end of Q4 2010. It should be noted that cash, short positions and various other securities are not required to be disclosed in the 13F filing.
Akcman continued to build his stake in Alexander & Baldwin, Inc. (NYSE: ALEX), which know, according to a recent 13D filing is 9.9%. He also sold out of his shares in Automatic Data Processing (NASDAQ: ADP), Target (NYSE: TGT) and GM (NYSE: GM).
Raised Stakes
Alexander & Baldwin, Inc. (NYSE: ALEX) raised from 172,001 shares to 3,561,943 shares (known through 13G)
CITIGROUP, Inc. (NYSE: C) raised from 14,651,428 shares to 14,670,777 shares (1-for-10 stock split)
General Growth Properties, Inc. (NYSE: GGP) raised from 69,965,786 shares to 71,802,853 shares
Kraft Foods Inc. Cl A (NYSE: KFT) raised from 19,470,089 shares to 22,239,265 shares
Lowered Stakes
Corrections Corp. of America (NYSE: CXW) lowered from 7,827,430 shares to 4,417,100 shares
Liquidated Stakes
Automatic Data Processing (NASDAQ: ADP) liquidated
Borders Group, Inc. (NYSE: BGP) liquidated (in bankruptcy, stake may not need to be disclosed)
General Motors (NYSE: GM) liquidated
Target Corp. (NYSE: TGT) liquidated
Maintained Stakes
Fortune Brands, Inc. (NYSE: FO) maintained 16,668,636 share stake
Greenlight Captial RE, LTD. Class A (NASDAQ: GLRE) maintained 250,000 share stake
Howard Hughes (NYSE: HHC) maintained 3,568,017 share stake
J.C. Penney Co., Inc. (NYSE: JCP) (CALL) maintained 4,156,700 share stake
J.C. Penney Co., Inc. (NYSE: JCP) maintained 34,919,071 share stake
The value of the disclosed portfolio was $5.4 billion at the end of the quarter, down from $5.8 billion at the end of Q4 2010. It should be noted that cash, short positions and various other securities are not required to be disclosed in the 13F filing.
Akcman continued to build his stake in Alexander & Baldwin, Inc. (NYSE: ALEX), which know, according to a recent 13D filing is 9.9%. He also sold out of his shares in Automatic Data Processing (NASDAQ: ADP), Target (NYSE: TGT) and GM (NYSE: GM).
Raised Stakes
Alexander & Baldwin, Inc. (NYSE: ALEX) raised from 172,001 shares to 3,561,943 shares (known through 13G)
CITIGROUP, Inc. (NYSE: C) raised from 14,651,428 shares to 14,670,777 shares (1-for-10 stock split)
General Growth Properties, Inc. (NYSE: GGP) raised from 69,965,786 shares to 71,802,853 shares
Kraft Foods Inc. Cl A (NYSE: KFT) raised from 19,470,089 shares to 22,239,265 shares
Lowered Stakes
Corrections Corp. of America (NYSE: CXW) lowered from 7,827,430 shares to 4,417,100 shares
Liquidated Stakes
Automatic Data Processing (NASDAQ: ADP) liquidated
Borders Group, Inc. (NYSE: BGP) liquidated (in bankruptcy, stake may not need to be disclosed)
General Motors (NYSE: GM) liquidated
Target Corp. (NYSE: TGT) liquidated
Maintained Stakes
Fortune Brands, Inc. (NYSE: FO) maintained 16,668,636 share stake
Greenlight Captial RE, LTD. Class A (NASDAQ: GLRE) maintained 250,000 share stake
Howard Hughes (NYSE: HHC) maintained 3,568,017 share stake
J.C. Penney Co., Inc. (NYSE: JCP) (CALL) maintained 4,156,700 share stake
J.C. Penney Co., Inc. (NYSE: JCP) maintained 34,919,071 share stake
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Marriott Vacations Worldwide (VAC) ticks higher on new activist investor
- Risk sentiment among fund managers highest since January 2022 - BofA
- Browning West and Glenn Chamandy Comment on Gildan Activewear’s (GIL) Defensive and Reactionary Board Refreshment
Create E-mail Alert Related Categories
13Fs, Hedge FundsRelated Entities
William Ackman, Pershing Square Capital, Citi, Bankruptcy, 13D, 13GSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
