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Ackman’s Pershing Square buys Brookfield, cuts Chipotle in Q4

Ackman’s Pershing Square buys Brookfield, cuts Chipotle in Q4

Bill Ackman’s Pershing Square Capital disclosed in an SEC filing its holdings as of December 31, 2024. The fund’s three new buys during the fourth quarter included, by size of position, Brookfield (BAM), Seaport Entertainment (SEG), and Nike (NKE). Pershing decreased its stake in two holdings during the period, including by size of previous position Hilton Worldwide (HLT) and Chipotle (CMG). The fund’s top holdings as of December 31, in order of size, were Brookfield, Restaurant Brands (QSR), Chipotle, Howard Hughes (HHC), and Alphabet Class C (GOOG).

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