Bill Ackman Portfolio Holdings by Sector

Pershing Square Capital Management, L.P.

Industry	Value	Buys	Sells	New Positions	Closed Positions	Options
Restaurants \| Consumer Cyclical QSR CMG 2 stocks	$2.61 Million 36.12% of portfolio	2	-	2	-	0 Calls 0 Puts
Software—Application \| Technology UBER 1 stocks	$2.21 Million 30.5% of portfolio	1	-	1	-	0 Calls 0 Puts
Internet Content & Information \| Communication Services GOOG GOOGL 2 stocks	$1.67 Million 23.13% of portfolio	2	-	2	-	0 Calls 0 Puts
Lodging \| Consumer Cyclical HLT 1 stocks	$682,825 9.43% of portfolio	1	-	1	-	0 Calls 0 Puts
Rental & Leasing Services \| Industrials HTZ 1 stocks	$59,100 0.82% of portfolio	1	-	-	-	0 Calls 0 Puts

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