Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Pershing Square returned a strong 15.5% in H1 2025, outperforming the S&P 500. Portfolio execution was highlighted by initiating a stake in Amazon, exiting Canadian Pacific, and deploying $900M to restructure Howard Hughes Holdings into an insurance-led holding company.
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Pershing Square returned a strong 15.5% in H1 2025, outperforming the S&P 500. Portfolio execution was highlighted by initiating a stake in Amazon, exiting Canadian Pacific, and deploying $900M to restructure Howard Hughes Holdings into an insurance-led holding company.