PSHZF News and Press, Pershing Square Holdings Ltd. From 09/22/21

Bill Ackman’s 13F portfolio value increased from ~$10.46B to ~$10.71B this quarter. Pershing Square decreased Lowe's Companies during the quarter. The largest three 13F positions are Lowe's Companies, Agilent Technologies, and Chipotle Mexican Grill. They together account f...

Covid-19's Delta Variant threatens an economic recovery, but may soon turn back. Stocks which fell on fears of a delayed reopening could do well in the coming months. Vaccine manufacturers are overpriced. For further details see: Three Trades To Short The Delta Variant; ...

LOW made strategic investments in its core business transformation, reorganization, and elimination of non-performing stores, proceeded with further expansion to Canada, improved omnichannel, e-commerce, delivery network, and supply chain infrastructure. The company performed a strate...

PSTH is calling off the deal with UMG and putting it inside PSH. Market is selling PSH off hard which is directionally right. Pre-market PSTH down as well which is harder to justify. Put selling on PSTH is back on the menu for me. For further details see: Pershing Sq...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Special purpose acquisition companies (SPACs) are at the front of investors’ minds as Bill Ackman takes another stab at a big merger. Meanwhile, the coronavirus pandemic is complicating things in Tokyo. So what will ...

Bryan Bedder/Getty Images Entertainment Billionaire Bill Ackman said Monday that Reddit investors didn't like his Pershing Square Tontine's SPAC deal to buy 10% of Universal Music from Vivendi (VIVHY) because many were looking for a short-term pop instead of long-term gains. But Ackmen, ...

Fannie Mae and Freddie Mac preferred and common shares were wiped out after Treasury department bailouts, yet some had hope of litigation. The US Supreme Court decision leaves shareholders with no good remaining arguments. Be careful of political stock picking! For further d...

Pre-deal SPACs are mostly trading below trust value. The incentive structure in deals were designed to enrich sponsors and this was partly to blame for the indifference toward SPACs. Couple of SPAC deals unveiled last week are showing the way on how to fairly structure deals. ...

The much anticipated PSTH deal dropped. My initial review leads me to believe the market is going to take this announcement as a positive. The proposed deal likely has the most implications for the tontine warrant and consequently the common share price. For further details ...

Bill Ackman's SPAC PSTH recently announced its very complex "merger" with UMG. This is a good time to revisit the investment thesis behind PSHZF, Bill Ackman's hedge fund that holds his economic interest in PSTH. PSHZF, through Ackman's shrewd management and its SPAC interests, is...