Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells Automatic Data Processing Inc

New York, NY, based Investment company Pershing Square Capital Management, L.P. buys Lowe's Inc, United Technologies Corp, sells Automatic Data Processing Inc during the 3-months ended 2018-06-30, according to the most recent filings of the investment company, Pershing Square Capital Management, L.P.. As of 2018-06-30, Pershing Square Capital Management, L.P. owns 8 stocks with a total value of $5.8 billion. These are the details of the buys and sells.

For the details of Bill Ackman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Ackman

These are the top 5 holdings of Bill Ackman
  1. Restaurant Brands International Inc (QSR) - 20,843,919 shares, 21.65% of the total portfolio. Shares reduced by 14.29%
  2. Chipotle Mexican Grill Inc (CMG) - 2,882,463 shares, 21.42% of the total portfolio.
  3. Lowe's Companies Inc (LOW) - 7,715,501 shares, 12.7% of the total portfolio. New Position
  4. Mondelez International Inc (MDLZ) - 16,371,713 shares, 11.56% of the total portfolio. Shares added by 1.33%
  5. United Technologies Corp (UTX) - 4,540,615 shares, 9.78% of the total portfolio. Shares added by 133.52%
New Purchase: Lowe's Companies Inc (LOW)

Pershing Square Capital Management, L.P. initiated holding in Lowe's Companies Inc. The purchase prices were between $81.48 and $100.5, with an estimated average price of $90.44. The stock is now traded at around $107.88. The impact to a portfolio due to this purchase was 12.7%. The holding were 7,715,501 shares as of 2018-06-30.

Added: United Technologies Corp (UTX)

Pershing Square Capital Management, L.P. added to a holding in United Technologies Corp by 133.52%. The purchase prices were between $117.7 and $128.17, with an estimated average price of $124.42. The stock is now traded at around $132.59. The impact to a portfolio due to this purchase was 5.59%. The holding were 4,540,615 shares as of 2018-06-30.



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