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Pershing Square Holdings (PSH)
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Robin
Posted: 16 January 2022 11:12:26(UTC)
#102

Joined: 06/07/2009(UTC)
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I am fairly conservatively positioned, but I do have around 3.5% PSH. Ackman is still relatively young, and the chance to buy in at this stage seems a bit of an opportunity to access genuine active management, some unique bets and positioning. I started with 1% and became increasingly intrigued!
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3 users thanked Robin for this post.
Mr GL on 16/01/2022(UTC), Sheerman on 16/01/2022(UTC), Raj K on 16/01/2022(UTC)
Lomax 99
Posted: 16 January 2022 11:19:23(UTC)
#103

Joined: 02/05/2021(UTC)
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A split of PSH’s holdings from a recent Liberum note:

https://twitter.com/Dona...1532513986228225/photo/1
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1 user thanked Lomax 99 for this post.
Raj K on 16/01/2022(UTC)
Mr GL
Posted: 16 January 2022 12:17:21(UTC)
#104

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Lomax 99;203362 wrote:
A split of PSH’s holdings from a recent Liberum note:

https://twitter.com/Dona...1532513986228225/photo/1


certainly a lovely list of companies that should do well once COVID lockdowns and restrictions are over...

thanks

(and add the interest rate short risk he has no doubt got in position it could get interesting)

I have Pershing Square PSH Global Hedge Fund 6.8%
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1 user thanked Mr GL for this post.
markydeedrop on 17/01/2022(UTC)
Raj K
Posted: 16 January 2022 12:21:06(UTC)
#105

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I am current holder of PSH and intend to top up some more this week in my main account. Back in October in the II interviews he stated that he believes the companies are undervalued and he also talked about inflation and the types of companies that are able to be resillient against this and how his companies have pricing power. I think that Pershing also has an instrument that hedges against rising rates. With all this and the 30% discount on offer im not sure what else to put my monthly contribution into. Everything about Bill is very Buffettesque and i like those principles.
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7 users thanked Raj K for this post.
Sheerman on 16/01/2022(UTC), Mr GL on 16/01/2022(UTC), Guest on 16/01/2022(UTC), Robin on 16/01/2022(UTC), The Penguin on 16/01/2022(UTC), markydeedrop on 17/01/2022(UTC), Tony Jewell on 17/01/2022(UTC)
Bardolph
Posted: 18 January 2022 16:27:04(UTC)
#106

Joined: 08/06/2020(UTC)
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Just added a chunk of PSH at 2808p.
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Mr GL on 18/01/2022(UTC)
Mr GL
Posted: 18 January 2022 16:31:57(UTC)
#107

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I am waiting on a NAV update - not seen since year end - want to see how its NAV is performing before doing anything...

I have Pershing Square PSH Global Hedge Fund 6.8%
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Big boy
Posted: 18 January 2022 16:38:11(UTC)
#110

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Mr GL;203757 wrote:
I am waiting on a NAV update - not seen since year end - want to see how its NAV is performing before doing anything...

I have Pershing Square PSH Global Hedge Fund 6.8%


Feeling uncomfortable so just taken a chunk from market (near £1/4m) and this included a few PSH.
I am concerned that the bears are beating the bulls so cash could be king but please don't tell bede.
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2 users thanked Big boy for this post.
Lesley J on 18/01/2022(UTC), Mr GL on 18/01/2022(UTC)
Bardolph
Posted: 18 January 2022 16:40:48(UTC)
#108

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Mr GL;203757 wrote:
I am waiting on a NAV update - not seen since year end - want to see how its NAV is performing before doing anything...

I have Pershing Square PSH Global Hedge Fund 6.8%

NAV was 4093p on 11.01.22 but largest holding UMG has headed further towards goblin town since then, so expecting real discount lower than the 31% on paper at today's close.
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2 users thanked Bardolph for this post.
Big boy on 18/01/2022(UTC), Mr GL on 18/01/2022(UTC)
Mr GL
Posted: 18 January 2022 17:30:36(UTC)
#109

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Bardolph;203759 wrote:
Mr GL;203757 wrote:
I am waiting on a NAV update - not seen since year end - want to see how its NAV is performing before doing anything...

I have Pershing Square PSH Global Hedge Fund 6.8%

NAV was 4093p on 11.01.22 but largest holding UMG has headed further towards goblin town since then, so expecting real discount lower than the 31% on paper at today's close.



Thanks - I missed the RNS (didn't show up on HL - found it via https://www.londonstocke...e-holdings-ltd/analysis

Released 07:00:00 13 January 2022
LONDON--(BUSINESS WIRE)--

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today released its regular weekly Net Asset Value (“NAV”) and performance returns on its website, https://www.pershingsqua...y-reports/weekly-navs/. The NAV and returns were computed as of the close of business on Tuesday, 11 January 2022.

PSH NAV per share as of close of business on 11 January 2022 was 55.80 USD / 40.93 GBP and year-to-date performance was -2.6%.
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Mr GL
Posted: 18 January 2022 17:34:47(UTC)
#111

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Big boy;203758 wrote:
Mr GL;203757 wrote:
I am waiting on a NAV update - not seen since year end - want to see how its NAV is performing before doing anything...

I have Pershing Square PSH Global Hedge Fund 6.8%


Feeling uncomfortable so just taken a chunk from market (near £1/4m) and this included a few PSH.
I am concerned that the bears are beating the bulls so cash could be king but please don't tell bede.



Yup - makes sense - if in doubt sell the sh1t ! - this is why I have moved a little risk into ETFs also (IEEM and IUKD - to avoid discount widening risk on my more 'macro' bets)... however my QQQS keep working (so far) as NASDAQ/growth continues to underperform...
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