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"Total AUM stands at $13.1 billion."
This quarterly portfolio update from Pershing Square Holdings provides performance metrics and portfolio composition data for Q3 2023. The fund reported a net performance of -1.2% for September and 11.7% year-to-date through September 2023. The portfolio maintains 11 long positions with no short positions, representing 115% net exposure. The fund focuses primarily on large-cap investments (103% of portfolio) with a small allocation to mid-cap positions (12%). Assets under management total $13.1 billion for Pershing Square Holdings specifically, with total firm AUM reaching $16.4 billion including other vehicles. The portfolio spans multiple sectors including financials, retail, hospitality, media, technology, real estate, and transportation. The fund operates with a concentrated approach, maintaining only 11 total positions. Performance data reflects the impact of share repurchase programs and includes reinvestment of all dividends and capital gains. The document provides detailed footnotes regarding performance calculations, position counting methodology, and regulatory disclosure requirements under Dutch financial supervision laws.
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