Vault-13

PERSHING SQUARE HL ORDF PSHZF

ADR · Closed-End Fund · CUSIP G7016V101

2 institutional holders -1 vs Q3 2025
10,34110.3k shares reported held*
$673.8kreported value*
0 new 0 added 0 reduced 1 sold out net sold ≈ $3.4m (-61.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $65.16.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0123Q3 22: 1Q4 22: 1Q1 23: 1Q2 23: 1Q3 23: 1Q4 23: 2Q1 24: 2Q2 24: 2Q3 24: 3Q4 24: 2Q1 25: 2Q2 25: 2Q3 25: 3Q4 25: 22Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 20221
Q4 20221
Q1 20231
Q2 20231
Q3 20231
Q4 20232
Q1 20242
Q2 20242
Q3 20243
Q4 20242
Q1 20252
Q2 20252
Q3 20253
Q4 20252

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
202Q1 24: 1 bought or addedQ1 24: 1 cut or sold outQ2 24: 1 bought or addedQ2 24: 1 cut or sold outQ2 24Q3 24: 1 bought or addedQ3 24: 1 cut or sold outQ4 24: 1 bought or addedQ4 24: 2 cut or sold outQ4 24Q1 25: 0 bought or addedQ1 25: 0 cut or sold outQ2 25: 0 bought or addedQ2 25: 1 cut or sold outQ2 25Q3 25: 1 bought or addedQ3 25: 0 cut or sold outQ4 25: 0 bought or addedQ4 25: 1 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202411
Q2 202411
Q3 202411
Q4 202412
Q1 202500
Q2 202501
Q3 202510
Q4 202501

Biggest buyers

None

Biggest sellers

Saranac Partners Ltd Sold out -61,664-61.7k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BEDDOW CAPITAL MANAGEMENT INC 0.25% of their portfolio JACKSON, WY 10,17510.2k $663.0k $663.0k 0.25% Unchanged
2 Financial Gravity Asset Management, Inc. 0.00% of their portfolio Lakeway, TX 166166 $10.8k $10.8k 0.00% Unchanged