{"id":568369,"date":"2010-05-18T09:10:07","date_gmt":"2010-05-18T13:10:07","guid":{"rendered":"http:\/\/www.businessinsider.com\/bill-ackman-has-been-holding-an-investment-in-yum-brands-since-well-before-the-double-down-premiered-2010-5"},"modified":"2010-05-18T09:10:07","modified_gmt":"2010-05-18T13:10:07","slug":"bill-ackman-has-been-holding-an-investment-in-yum-brands-since-well-before-the-double-down-premiered-yum-kft-yum-ggp-cxw","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/568369","title":{"rendered":"Bill Ackman Has Been Holding An Investment In Yum Brands Since Well Before The Double Down Premiered (YUM, KFT, YUM, GGP, CXW)"},"content":{"rendered":"

\"ackman-double-down\"<\/p>\n

Bill Ackman’s 13f filing is always a fun one because he keeps very few positions that he believes strongly in on his portfolio; he’s “activist investing.”<\/p>\n

Last quarter, in Q1, Ackman’s Pershing Square fund sold out completely of a ~$80 million stake in Hyatt and a ~$5 million investment in Automatic Data Processing (ADP).<\/p>\n

He picked up a huge new investment in Kraft, around $1 billion, which we knew about already because he made a big case<\/a> for why he thinks the Kraft and Cadbury merge will be successful.<\/p>\n

We also discovered Pershing’s ~$600 million investment in YUM brands (lots of delicious food brands<\/a> are owned by YUM like, Pizza Hut, Taco Bell, and KFC – maybe Ackman knew the Double Down<\/a> would be a hit?? ), which they made sometime in Q4 but only disclosed in a 13F amendment last month.<\/p>\n

Marketfolly<\/a> has a breakdown of how Pershing’s entire Q1 portfolio is made up:<\/p>\n

1. Target (TGT): 32.79%<\/p>\n

2. Kraft Foods (KFT): 29.89%<\/p>\n

3. Yum Brands (YUM): 17.56%<\/p>\n

4. General Growth Properties (GGP): 11.62%<\/p>\n

5. Corrections Corp of America (CXW): 6.55%<\/p>\n

6. Landry’s Restaurants (LNY): 0.84%<\/p>\n

7. Borders Group (BGP): 0.55%<\/p>\n

8. Greenlight Capital Re (GLRE): 0.20%<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Bill Ackman’s 13f filing is always a fun one because he keeps very few positions that he believes strongly in on his portfolio; he’s “activist investing.” Last quarter, in Q1, Ackman’s Pershing Square fund sold out completely of a ~$80 million stake in Hyatt and a ~$5 million investment in Automatic Data Processing (ADP). He […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-568369","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=568369"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/568369\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=568369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=568369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=568369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}