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This article is part of a series that provides an ongoing analysis of the changes made to Pershing Square’s 13F portfolio on a quarterly basis. It is based on Ackman’s regulatory 13F Form and their earnings call last month. Please visit our Tracking Bill Ackman's Pershing Square Holdings article for an idea on how his holdings have progressed over the years and our previous update for the fund’s moves during Q4 2019.
Ackman’s 13F portfolio value increased marginally from $6.55B to $6.57B this quarter. The number of positions increased from 8 to 10. The portfolio