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Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ...

- By insider

New York, NY, based Investment company Pershing Square Capital Management, L.P. buys Lowe's Inc, United Technologies Corp, sells Automatic Data Processing Inc during the 3-months ended 2018-06-30, according to the most recent filings of the investment company, Pershing Square Capital Management, L.P.. As of 2018-06-30, Pershing Square Capital Management, L.P. owns 8 stocks with a total value of $5.8 billion. These are the details of the buys and sells.

  • New Purchases: LOW,
  • Added Positions: UTX, MDLZ,
  • Reduced Positions: ADP, QSR,


For the details of Bill Ackman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Ackman

These are the top 5 holdings of Bill Ackman

  1. Restaurant Brands International Inc (QSR) - 20,843,919 shares, 21.65% of the total portfolio. Shares reduced by 14.29%
  2. Chipotle Mexican Grill Inc (CMG) - 2,882,463 shares, 21.42% of the total portfolio.
  3. Lowe's Companies Inc (LOW) - 7,715,501 shares, 12.7% of the total portfolio. New Position
  4. Mondelez International Inc (MDLZ) - 16,371,713 shares, 11.56% of the total portfolio. Shares added by 1.33%
  5. United Technologies Corp (UTX) - 4,540,615 shares, 9.78% of the total portfolio. Shares added by 133.52%

New Purchase: Lowe's Companies Inc (LOW)

Pershing Square Capital Management, L.P. initiated holding in Lowe's Companies Inc. The purchase prices were between $81.48 and $100.5, with an estimated average price of $90.44. The stock is now traded at around $107.88. The impact to a portfolio due to this purchase was 12.7%. The holding were 7,715,501 shares as of 2018-06-30.

Added: United Technologies Corp (UTX)

Pershing Square Capital Management, L.P. added to a holding in United Technologies Corp by 133.52%. The purchase prices were between $117.7 and $128.17, with an estimated average price of $124.42. The stock is now traded at around $132.59. The impact to a portfolio due to this purchase was 5.59%. The holding were 4,540,615 shares as of 2018-06-30.



Here is the complete portfolio of Bill Ackman. Also check out:


1. Bill Ackman's Undervalued Stocks

2. Bill Ackman's Top Growth Companies, and

3. Bill Ackman's High Yield stocks

4. Stocks that Bill Ackman keeps buyingThis article first appeared on GuruFocus.