Investment Trusts

Pershing Square Holdings Ltd

PSH:LSE

Pershing Square Holdings Ltd

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  • Price (GBX)4,198.00
  • Today's Change48.00 / 1.16%
  • Shares traded152.47k
  • 1 Year change+4.27%
  • Beta0.8086
Data delayed at least 20 minutes, as of Mar 04 2026 16:50 GMT.
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About the company

Pershing Square Holdings, Ltd. is a Guernsey-based investment holding company structured as a closed-ended fund. The Company is principally engaged in the business of acquiring and holding positions in a concentrated number of large capitalization companies. Its objective is to maximize its long-term compound annual rate of growth in intrinsic value per share. It invests primarily in large-capitalization securities, which are highly liquid under normal market conditions. The Company may make investments in the debt securities of a private company if there is an observable market price for such debt securities. It may invest in long and short positions in equity or debt securities of the United States and non-United States issuers; distressed securities, rights, options, and warrants; bonds, notes and equity and debt indices; and swaps, swaptions, and other derivatives, among others. Its investment manager is Pershing Square Capital Management, L.P.

  • Revenue in GBP (TTM)2.60bn
  • Net income in GBP1.89bn
  • Incorporated2012
  • Employees--
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Profile

Management group(s)Pershing Square Capital Management, L.p.
AIC sectorNorth America
ISINGG00BPFJTF46
Launch date02 May 2017
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

PSH’s objective is to maximize its long-term compound annual rate of growth in intrinsic value per share.

Managed by

William A Ackman

Management & contract fees

A management fee payable in advance each quarter in an amount equal to 0.375% (1.5% p.a.) of NA attributable to the Fee Paying Shares. Generally the Investment Manager receives performance fees, in an amount equal to 16% of the net profits attributable to the fee-paying shares of the Company above a high water mark minus the Additional Reduction.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Aberdeen Group PLC1.34bn398.00m3.66bn4.46k9.130.71297.322.730.21780.21780.73322.790.1455----300,605.304.322.354.322.4494.9394.1529.6814.90----0.0978128.58-2.12-5.2060.48-14.04-3.430.00
IG Group Holdings plc1.09bn380.40m4.50bn2.18k12.792.6410.274.131.051.053.015.100.363--2.43499,495.9012.6714.0016.1118.0698.0698.3134.9036.67----0.235647.819.2010.4323.639.61-20.121.79
ICG PLC1.14bn596.00m4.61bn686.007.801.777.514.062.032.033.889.000.1194--2.881,654,665.006.275.006.695.46----52.5248.50--22.800.721158.930.062520.13-3.4732.881.5910.32
Alliance Witan PLC190.90m133.11m4.71bn0.0029.930.9808--24.700.4150.4150.519512.660.0408--8.16--2.858.872.899.1582.7893.4869.7389.50--14.030.067719.93-15.62-1.52-18.17-2.22--13.85
Polar Capital Technology Trust plc2.18bn2.14bn5.47bn0.002.600.9075--2.511.881.881.885.400.4145--38.47--40.7311.6640.9711.8798.4593.3998.2692.54----0.0120.00-86.48-16.57-89.39-19.95----
Investec plc3.95bn633.65m5.66bn8.00k8.440.952--2.530.71770.71772.546.51--------1.171.04--------31.1527.86------30.010.88799.163.6730.39-15.2427.11
F&C Investment Trust PLC400.13m349.30m5.87bn0.0017.361.06--14.670.71370.71370.823911.680.0646--9.24--5.649.125.689.2091.8294.1787.3091.44----0.093614.2580.318.0187.638.11--6.10
St James's Place PLC30.12bn531.10m6.68bn3.33k12.844.5211.940.22180.98730.987356.012.810.1435------0.25320.1895--------1.761.99----0.230255.2816.2430.4533.3115.18-47.20-18.39
Pershing Square Holdings Ltd2.60bn1.89bn7.31bn--3.970.652--2.8110.5010.5014.5063.890.1986--161.56--14.439.8714.7610.2976.7072.7572.6970.55--25.720.1966.56109.17-5.65115.16-6.70--16.66
Schroders plc3.25bn539.80m9.42bn6.21k17.412.1112.862.900.33610.33612.022.770.1427--3.04--2.422.262.862.9077.0479.6916.9316.63----0.11467.109.455.2929.452.12-27.112.10
Data as of Mar 04 2026. Currency figures normalised to Pershing Square Holdings Ltd's reporting currency: UK Pound GBX

Institutional shareholders

4.65%Per cent of shares held by top holders
HolderShares% Held
BlackRock Investment Management (UK) Ltd.as of 27 Feb 20262.37m1.35%
Vanguard Asset Management Ltd.as of 31 Dec 20251.22m0.69%
BlackRock Advisors (UK) Ltd.as of 06 Feb 2026991.81k0.56%
Blackstone Alternative Investment Advisors LLCas of 31 Dec 2025717.21k0.41%
RiverNorth Capital Management LLCas of 06 Feb 2026553.84k0.32%
Legal & General Investment Management Ltd.as of 31 Dec 2025505.87k0.29%
Hansa Capital Partners LLPas of 31 Dec 2025502.48k0.29%
Royal London Asset Management Ltd.as of 31 Oct 2025501.33k0.29%
JPMorgan Asset Management (UK) Ltd.as of 31 Jan 2026428.66k0.24%
Quilter Investors Ltd.as of 31 Oct 2025405.20k0.23%
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Data from 31 Dec 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
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