Ackman Starts 2020 Slightly Down, but Celebrates a Big 2019

Pershing Square Holdings held its first U.S. annual investor meeting this week.

Bill Ackman (Michael Nagle/Bloomberg)

Bill Ackman

(Michael Nagle/Bloomberg)

Turmoil in the stock market sent Bill Ackman’s Pershing Square Holdings down 1.3 percent in January, but that didn’t quell the celebration at the public fund’s first annual investor presentation in New York Wednesday.

Shares of Ackman’s public fund, which were listed on Euronext Amsterdam Exchange in 2014, are also traded over the counter in the U.S.

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