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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Ackman's Pershing Square 13F Shows Lower Stake in Canadian Pacific (CF), Exits Home Properties (HME)
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Ackman's Pershing Square Shows New Stakes in Apartment Investment (AINV), Home Properties (HME); Liquidates General Growth Properties (GGP), P&G (PG)
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Ackman's Pershing Square Lifts Stakes in Air Products (APD) and Burger King (BKW) (more...)
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Ackman's Pershing Square Lifts Air Products (APD) Stake, Sells Out of Matson (MATX)
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Ackman's Pershing Square Confirms New Stake in Air Products (APD), Ups P&G (PG) (more...)
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Ackman's Pershing Square Discloses Burger King (BKW), Matson (MATX) Stakes, Sells all Citigroup (C) (more...)
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Ackman's Pershing Sqaure Q2 13F: (PG) (C) (FDO) (KFT)
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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
