Ackman’s Pershing Square buys Seaport, boosts Nike in Q3

Bill Ackman’s Pershing Square disclosed in an SEC filing its holdings as of September 30, 2024. The fund’s one new buy during the third quarter was Seaport Entertainment (SEG). Pershing increased its stake in Brookfield (BAM) and Nike (NKE) but reduced its stake in Hilton Worldwide (HLT), Restaurant Brands (QSR), and Canadian Pacific Kansas City (CP). The fund’s top holdings as of September 30, in order of size, were Brookfield, Hilton, Restaurant Brands, Chipotle (CMG), and Howard Hughes (HHH).