Pershing Square Holdings

Hedge fund titan Bill Ackman’s Pershing Square Holdings, a closed-end fund listed on the London Stock Exchange, is down 14% year-to-date, owing to tariff-related market volatility. The losses, however, have only been calculated through April 8th, and don’t include the massive rally on...

AI has recently become a dominant topic in business and tech sectors. With its entry into the mainstream largely ignited by the success of OpenAI’s ChatGPT in November 2022, AI has since become a central point of interest for investors, driving valuations and market trends. Among the most...

Pershing Square Holdings founder Bill Ackman affirmed a bullish stance on the consumer discretionary sector Monday, with his latest 13F filing showing some of his top holdings are betting on the consumers’ wallets. What Happened: At the top of the list, Lowe’s Companies Inc (NYSE:LOW)...

Benzinga’s Take For large firms like Pershing with massive stock holdings, exiting and re-entering positions in the short-term can be difficult and costly. Instead, institutional investors often use some form of relatively small hedges that allow them to mitigate risk without having to move...

This year has been the worst year for hedge fund shutdowns since 2008. More than 400 funds shut down in the first half of the year. Of the remaining funds, average 2015 returns are nearly flat. There’s no doubt about it: 2015 has been a rough year for hedge funds. New data from Bloomberg...