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.
View More Recent Stories
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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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Ackman's Pershing Square Raises Citigroup (C) Stake, Lowers Kraft (KFT)
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Ackman's Pershing Square Trims Family Dollar (FDO), Kraft (KFT); Exits Lowes Cos. (LOW)
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Ackman's Pershing Square Releases Q3 2011 13F
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The Search is On: Finding Bill Ackman's Next General Growth Properties (GGP)
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Ackman's Pershing Square Raises Stakes in Citi (C), Family Dollar (FDO), Cuts Stake in Kraft (KFT)
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Ackman's Pershing Square Sells ADP (ADP), Target (TGT) and GM (GM)
