Pershing Square Holdings’ Q4 2023 Investor Letter

Pershing Square Holdings, an investment holding company, released its fourth quarter 2023 investor letter. During the year, the fund generated a NAV performance of 26.7% versus 26.3% for the principal benchmark the S&P 500 index. In 2023, the portfolio companies performed exceptionally well, significantly increasing their stock prices. Portfolio companies sustained growth in revenue, profitability, and shareholder value despite two conflicts and a prolonged increase in interest rates. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Pershing Square Holdings’ Q4 2023 investor letter can be downloaded here.