Bill Ackman's Pershing Square Capital starts 2014 on a strong note

February 6th, 2014
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Pershing Square Capital Management was up 3.8% in January, easily outperforming the S&P 500 which fell by 3.5% during the first month of the year. 2013 was not as kind to Bill Ackman’s hedge activist fund, as the firm suffered through some high profile losses with its ill-fated bets on J.C. Penney and Herbalife.

According to Reuters, some of Pershing Square’s top performing holdings during January were Burger King Worldwide and Beam Inc. Other activist hedge fund managers did not perform as well, including Daniel Loeb's value focused Third Point Management which reportedly fell by 1.8%.
For Detailed Investor Profiles on these Investors, click below:
Pershing Square Capital Management
Third Point Management Company
Related People: Daniel Loeb; James L. Carruthers*; Munib Islam; Nicholas Botta; Robert Schwartz; Roy J. Katzovicz; Scott Ferguson*; Tim Lash; William 'Bill' Ackman
Related Entities: Leucadia Corporation (NYSE: LUK); Pershing Square Capital; Pershing Square IV; Pershing Square LP; Third Point LLC; Third Point Opportunities Master Fund LP; Third Point Resources LP; Third Point Ultra Master Fund LP; Third Point Ventures
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles; Hedge Fund Spotlight Reports


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