Bill Ackman Portfolio Analysis (December 31, 2021)
Famous superinvestor, Bill Ackman, revealed in a recent regulatory filing his newest positions. In Bill Ackman portfolio 2021 analysis, we will go into more detail about top 5 stocks this superinvestor had as of December 31, 2021.
Ackman manages his investments via his fund, Pershing Square Capital Management, which holds about $10.6 billion according to the latest available 13F filling. Click here for the latest available 13F filling.
The most notable stocks in Bill Ackman’s Q4 portfolio include Lowes Cos Inc, Hilton Worldwide Hldgs Inc, Chipotle Mexican Grill Inc, Restaurant Brands Intl Inc and Howard Hughes Corp. In addition to others mentioned in detail below.
We used the Q4 portfolio of Bill Ackman’s Pershing Square Capital Management to select his top 5 value stocks. We ranked the securities according to Ackman’s stake value in each holding.
Summary
- Bill Ackman’s top 5 securities make up 88.8% of the entire portfolio.
- Pershing Square Capital Management owns position in 6 holdings, managing approximately $10.6 billion.
- Lowes Cos Inc, Ackman’s largest holding, makes up 25.0% of the total portfolio.
Lowes Cos Inc (LOW)
Pershing Square Capital Management’s stake value: $2.6 Billion
Percentage of Pershing Square Capital Management’s 13F Portfolio: 25.0%
Lowe`s Cos., Inc. does business in Retail Trade sector . Current CEO is Marvin Ellison.
As of February 16, 2022 Lowes Cos Inc had a market cap of $151.421 Million. Analysts predicted 1 year target price of $278.33 that exceeds the current price of $228.31 for 21.9%. Trailing twelve months P/E ratio is currently 19.6 making it a slightly cheaper stock than the rest of the S&P500 index. If we look at revenue, Lowes Cos Inc generated high $89597 million revenue in 2021 which is a considerable increase of 24.2% compared to 2020 when it was $72148 million. Net income surged according to the latest fillings, jumping in 2021 by around 36.3% adding up to total of $5835.0 million. Further, in 2021, the net profit margin, was at 6.5%, shows an improvement compared the company’s previous years of operation.
The company is serving approximately 18 million customers a week in the United States and Canada through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.
Hilton Worldwide Hldgs Inc (HLT)
Pershing Square Capital Management’s stake value: $2.0 Billion
Percentage of Pershing Square Capital Management’s 13F Portfolio: 18.6%
Hilton Worldwide Holdings Inc does business in Hotels (except Casino Hotels) and Motels industry, which is Accommodation and Food Services sector and has 141000 employees. Current CEO is Christopher Nassetta.
As of February 16, 2022 Hilton Worldwide Hldgs Inc had a market cap of $43.662 Million. Analysts predicted 1 year target price of $151.32 that falls short of the current price which is $157.9 for 1.0%. Trailing twelve months P/E ratio is currently 1118.93 making it overly expensive stock than the rest of the S&P500 index. Hilton Worldwide Hldgs Inc generated scarce amount compared to previous financial period, $1600 million in 2020 sinking by -57.5% in contrast to 2019 when it was $3766 million. Net income dropped according to the latest fillings, sinking in 2020 by around -181.2% totalling $-715.0 million. Lastly, the profit margin, according to the last 10-F stands at -44.7%, has significantly deteriorated in comparison to the company’s previous years of operation.
Hilton Worldwide Holdings Inc.is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,300 properties and more than one million rooms, in 118 countries and territories.
Chipotle Mexican Grill Inc (CMG)
Pershing Square Capital Management’s stake value: $1.9 Billion
Percentage of Pershing Square Capital Management’s 13F Portfolio: 18.4%
Chipotle Mexican Grill does business in Accommodation and Food Services sector and has 88000 employees.
As of February 16, 2022 Chipotle Mexican Grill Inc had a market cap of $43.71 Million. Analysts predicted 1 year target price of $1925.07 that exceeds the current price of $1550.0 for 24.2%. Trailing twelve months P/E ratio is currently 68.09 making it overly expensive stock than the rest of the S&P500 index. Looking at revenue, Chipotle Mexican Grill Inc generated significant amount of revenue, $7547 million in 2021, surging by 26.1% in comparison to 2020 when it was $5984 million. Net income surged according to the latest fillings, jumping in 2021 by around 83.5% adding up to total of $652.984 million. Further, in 2021, the net profit margin, was at 8.7%, shows an improvement compared the company’s previous years of operation.
Chipotle Mexican Grill, Inc. is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives.
Restaurant Brands Intl Inc (QSR)
Pershing Square Capital Management’s stake value: $1.5 Billion
Percentage of Pershing Square Capital Management’s 13F Portfolio: 13.7%
Restaurant Brands International Inc does business in Food Service Contractorsindustry, which is Accommodation and Food Services sector and has 5200 employees. Current CEO is Jose Cil.
As of February 16, 2022 Restaurant Brands Intl Inc had a market cap of $18.386 Million. Analysts predicted 1 year target price of $69.54 that exceeds the current price of $59.29 for 17.3%. Trailing twelve months P/E ratio is currently 24.09 making it a slightly cheaper stock than the rest of the S&P500 index. If we look at revenue, Restaurant Brands Intl Inc generated low $4968 million revenue in 2020, falling by -11.3% in comparison to 2019 when it was $5603 million. Net income was much lower than previous year, decreasing by -24.4% in 2020 totalling $486.0 million. On top of that, the net profit margin, which was at 9.8%, has dropped compared to previous operations.
Restaurant Brands International Inc. (‘RBI’) is one of the world’s largest quick service restaurant companies with approximately $31 billion in annual system-wide sales and 27,000 restaurants in more than 100 countries and U.S. territories.
Howard Hughes Corp (HHC)
Pershing Square Capital Management’s stake value: $1.4 Billion
Percentage of Pershing Square Capital Management’s 13F Portfolio: 13.1%
Howard Hughes Corporation does business in Finance and Insurance sector and has 600 employees. Current CEO is Paul Layne.
As of February 16, 2022 Howard Hughes Corp had a market cap of $5.357 Million. Analysts predicted 1 year target price of $128.33 that exceeds the current price of $95.91 for 33.8%. Howard Hughes Corp generated scarce amount compared to previous financial period, $699 million in 2020 sinking by -46.2% in contrast to 2019 when it was $1300 million. Net income dropped according to the latest fillings, sinking in 2020 by around -135.4% totalling $-26.154 million. Lastly, the profit margin, according to the last 10-F stands at -3.7%, has significantly deteriorated in comparison to the company’s previous years of operation.
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S.
Conclusion
To conclude, here is the list of the top 5 holdings and most recent financial indicators of these positions as of February 16, 2022.
| Stock | % of portfolio | Market Cap (USD) | P/E | Net earnings (USDm) | Net earnings y/y | Profit margin |
| Lowes Cos Inc (LOW) | 25.0% | 151.421B | 19.6 | 5835 | 36.3% | 6.5% |
| Hilton Worldwide Hldgs Inc (HLT) | 18.6% | 43.662B | 1118.9 | -715 | -181.2% | -44.7% |
| Chipotle Mexican Grill Inc (CMG) | 18.4% | 43.71B | 68.1 | 652 | 83.5% | 8.7% |
| Restaurant Brands Intl Inc (QSR) | 13.7% | 18.386B | 24.1 | 486 | -24.4% | 9.8% |
| Howard Hughes Corp (HHC) | 13.1% | 5.357B | nan | -26 | -135.4% | -3.7% |
Canadians can find the above stocks on Questrade.
Other investors can use Interactive Brokers or eToro.
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