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Pershing Square Slightly Increases Exposure In Restaurant Brands, 13F Shows

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Mark Melin
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Pershing Square Capital Management appears to have some hunger pains. In 13F filings released today, William Ackman’s activist hedge fund made reported on a trio of food related issues while increasing its stake in Valeant Pharmaceuticals. All of the moves had been previously reported with the exception in a slight increase in exposure to Restaurant Brands.

Pershing Square Slightly Increases Exposure In Restaurant Brands, 13F Shows

Pershing Square increases exposure in Restaurant Brands, lightens up on Mondelez

Pershing Square slightly increased its stake in Restaurant Brands International to 16.9% in the first quarter, now owning just over 39 million shares.

The 13F filing with the Securities...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.