Bill Ackman’s Pershing Square disclosed in an SEC filing its holdings as of September 30, 2023. The fund increased its stake in three holdings, namely Alphabet Class A (GOOGL), Hilton Worldwide (HLT), and Howard Hughes (HHC). Pershing reduced its stake in one holding, namely Lowe’s (LOW). The fund’s top holdings as of September 30, in order of size, were Chipotle (CMG), Restaurant Brands (QSR), Hilton, Lowe’s, and Howard Hughes.
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