Pershing Square Has Monster February (GGP, HHC)

DealBreaker has acquired Pershing Square's returns for February.

The fund returned 3.4% during the month, and 3.1% net of fees.

For the year, the fund is up 0.9%, 0.5% net of fees.

Pershing Square, run by Bill Ackman, has large positions in General Growth Properties (NYSE: GGP) and Howard Hughes Co. (NYSE: HHC). Ackman is the chairman of Howard Hughes, after it was spun off from General Growth, when the real estate investment trust emerged from bankruptcy in November.