William Ackman
Bill Ackman runs hedge fund Pershing Square Capital, which he started in 2003 following the dissolution of Gotham Partners.
Ackman is a value investor with an activist bent. Activist investors agitate management for changes. He owns large positions in Target (NYSE: TGT) and Borders (NYSE: BGP). He has also been involved in activist situations at Wendy's (NYSE: WEN) and McDonald's (NYSE: MCD).
Ackman proved his acumen as a short seller in 2007/2008 as short positions he held in MBIA (NYSE: MBI) and Ambac (NYSE: ABK) proved to be big winners due to the credit crunch.
In July 2008, Ackman said he was short the common stock of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Ackman also laid out a plan to reorganize the GSEs, which would wipe out the common shareholders.
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Saba Capital, Pershing Square, and Third Point among Cliffwater's Hedge Fund A-Listers
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Top-10 News Items 08/13 - 08/17: Cisco Gets More Generous; Apple at New Highs; Facebook Insiders Exit; Romney Picks Ryan
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Ackman's Pershing Sqaure Q2 13F: (PG) (C) (FDO) (KFT)
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Q2 Preview: Rule #1 of Investing in JCPenney (JCP) - Patience
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UBS Starts Hewlett-Packard (HPQ) at Sell, Sees Continued Underperformance
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Market Wrap: Bernanke Bites Back; More Big Earnings Names; Ackman's Large Stake; JCP's Johnson is Firm (on Strategy)
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J. C. Penney (JCP) Higher on Positive "15x" Ackman Comments
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Ackman Sells Out of Citi (C) Position; Acquiring Large Proctor & Gamble (PG) Stake
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Bill Ackman Has $1.8B in P&G (PG) Stock
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Citi (C) Shares Dip as Reuters Says Ackman Has Sold His Position
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Oppenheimer Says Sell Into Strength in Procter & Gamble (PG): It's Pretty Obvious Why Ackman's Involved
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Ackman's Actions May Cause P&G (PG) to Divest Some Key Assets
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UBS Maintains a 'Neutral' on Procter & Gamble (PG); Who Will Bring Balance Back To The Force?
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Top 10 News Items 7/9-7/13: JPMorgan Gets Its CIO Losses Out of the Way; Stocks Fall for Six Days; China Reports Slowest Growth Since Early 2009
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Market Wrap: Hedge Fund's Staple Play; Draghi Dovish on Europe; Jobless Drop; Saving the NBA
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Alexander & Baldwin (ALEX) Spikes Higher Into the Close
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Analyst Says Ackman Could Be Aiming for Ouster of P&G (PG) CEO McDonald
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UPDATE: Ackman says P&G (PG) stake "largest initial investment ever" - Bloomberg
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Wall Street Buzzing on Procter & Gamble (PG) as Ackman Gets His Meathooks In
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Ackman's Pershing Square Has Indeed Taken a New Stake in P&G (PG) - Reuters
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Pre-Open Winners 7/12: (SAP) (PG) (MRK) Higher (more...)
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UPDATE: Ackman's Pershing Square Granted Early Termination on Procter & Gamble (PG)
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Pershing Square Capital Shows 12% Stake in Burger King Worldwide (BKW)
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Canaccord Genuity on Burger King Worldwide (BKW): Return to the Throne
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Ackman Defends JCPenney's (JCP) Strategy, 'Very Comfortable' with Johnson Handling Marketing
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After-Hours Movers 06/12: (DELL) (JCP) Higher; (SMG) (CASY) (DDD) (END) Lower
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Citigroup (C) "Extremely Cheap" - Bill Ackman
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Ackman Said Private Equity Approached Him About a J. C. Penney (JCP) Takeover
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Tough May Has Hedgies Licking Wounds
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Canadian Pacific (CP) President, CEO Green Departing; Pershing Square's Nominees to Fill Remaining Board Spots
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Ackman's Pershing Square Raises Citigroup (C) Stake, Lowers Kraft (KFT)
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Proxy Firm ISS Recommends Canadian Pacific (CP) Holders Vote for Ackman's Slate of Directors -Globe & Mail
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Ackman Still Firm on Harrison as Next Canadian Pacific (CP) CEO
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Canadian Pacific (CP) Responds to Pershing Square Letter; Affirms Invite for Ackman to Join Board
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McDonald's (MCD), Wendy's (WEN) Rival to Go Public Once Again
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Canadian Pacific (CP) Insists Pershing Square Wrong About Several Items Related to Utilization
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Pershing Square Says Paul Haggis Joins Nominee List for Canadian Pacific (CP) Board
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Ackman's Pershing Square Trims Family Dollar (FDO), Kraft (KFT); Exits Lowes Cos. (LOW)
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Pershing Square Affirms Owning Shares of Canadian Pacific (CP) w/ Full Voting Power
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Ackman's Pershing Square to Host Town Hall Meeting with Nominees for New CP (CP) Execs
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Ackman's Pershing Square Nominates 5 Directors to Canadian Pacific (CP) Board
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Ackman Says He Would Indemnify Hunter Harrison Against Suits (CP) (CNI)
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JCPenney (JCP) to Eliminate Thousands of Positions in Cost-Cutting Effort
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Ackman Says Hunter Harrison 'Good to Go' for Head Job at Canadian Pacific (CP)
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Ackman Planning Proxy Contest with Canadian Pacific (CP) -Bloomberg
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Ackman Responds to Canadian Pacific (CP) Statement; Says Pershing Square Made No Inaccurate Statements
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Dahlman Rose Sees Very Favorable Stock Reaction if Harrison Takes Over at Canadian Pacific (CP)
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Canadian Pacific (CP) Shares Higher as Ackman Looks to Tap Railroad Legend as Next CEO
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Ackman's Pershing Square Boosts Stake in Canadian Pacific (CP) to 14.2%
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Ackman's Pershing Square Says Canadian Pacific (CP) Talks Have Been Productive

