William Ackman · activist-deck
Pershing Square Holdings Portfolio (multi-position) (PSH)
58 pages · 4 arc beats · 2 loops
Pershing Square Holdings Portfolio (multi-position) (PSH)
William Ackman · 2019-02 arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
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Deck intelligence map
4 coverage by narrative range · generated from this deck JSON
Narrative range 58 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Attention 4 slides 100% 4/4 slides 100% 4/4 slides · 14 hits — 0/4 slides
50% 2/4 slides 25% 1/4 slides 100% 4/4 slides — 0/4 slides
Need 6 slides 100% 6/6 slides 100% 6/6 slides · 27 hits — 0/6 slides
33.3% 2/6 slides 16.7% 1/6 slides 100% 6/6 slides — 0/6 slides
Satisfaction 10 slides 100% 10/10 slides 100% 10/10 slides · 43 hits — 0/10 slides
70% 7/10 slides — 0/10 slides
100% 10/10 slides 40% 4/10 slides Action 38 slides 100% 38/38 slides 100% 38/38 slides · 233 hits — 0/38 slides
36.8% 14/38 slides · 18 hits 44.7% 17/38 slides 100% 38/38 slides 34.2% 13/38 slides Slide inventory
58 every slide · same image gating as the playbook
05
The slide uses a callout box to emphasize the conflict of interest regarding Nicholas Botta.expose_contradiction
Open slide detailBeat · Need
12
The slide highlights strong performance across the portfolio, particularly in Fannie Mae and Freddie Mac holdings.analyze_data
13
The slide highlights PSH's alpha generation in basis points (bps) relative to the S&P 500.compare_peers
14
The chart highlights the significant outperformance of Pershing Square relative to the S&P 500 over the specified period.compare_peers
15
The chart highlights Pershing Square's performance relative to the S&P 500 in different market conditions.compare_peers
Open slide detailBeat · Satisfaction
16
The slide highlights specific stock contributors and the impact of a share buyback program.analyze_data
Open slide detailBeat · Satisfaction
17
The table includes a subtotal for specific detractors and an 'All Other Positions' category, summing to a total detraction of 17.5%.analyze_data
Open slide detailBeat · Satisfaction
18
Includes a detailed footnote regarding methodology changes and specific litigation reserve impacts.analyze_data
Open slide detailBeat · Satisfaction
19
Includes a detailed disclaimer regarding the calculation of AUM and specific investments in Automatic Data Processing, Inc.analyze_data
Open slide detailBeat · Satisfaction
21
This slide is likely part of a 'What We Said vs. What We Did' sequence common in activist investor presentations.expose_contradiction
Open slide detailBeat · Action
22
The slide uses numbered list items to categorize strategic actions taken by the firm.summarize
Open slide detailBeat · Action
24
The slide uses a structured list format to convey three pillars of stability.summarize
Open slide detailBeat · Action
25
The slide uses a standard hierarchical tree structure to represent the company's departments and personnel.other
Open slide detailBeat · Action
27
The slide uses a checkmark system to validate investment criteria for four companies: United Technologies, Lowe's, Starbucks, and Hilton.compare_peers
Open slide detailBeat · Action
28
The slide highlights specific board and management changes at ADP, Chipotle, Lowe's, and United Technologies.summarize
Open slide detailBeat · Action
29
The slide uses a comparison frame to justify a higher earnings multiple by highlighting superior quality and growth metrics.compare_peers
Open slide detailBeat · Action
30
The slide illustrates the valuation gap between current market prices and the discounted value at PSH.show_valuation_bridge
Open slide detailBeat · Action
31
The slide uses a contrast-pairs framework to differentiate the business model of PSH from traditional hedge funds.compare_peers
Open slide detailBeat · Action
32
The slide uses a hub-and-spoke diagram to show the holding company structure.establish_context
Open slide detailBeat · Action
36
The slide uses a vertical process flow to demonstrate the sequence of events.illustrate_case
Open slide detailBeat · Action
37
The chart highlights the impact of Pershing Square's involvement and subsequent leadership changes on the stock price.illustrate_case
38
This slide outlines the activist's thesis on ADP's transformation and valuation gap.summarize
39
The chart highlights the correlation between specific corporate events/announcements and share price movement.illustrate_case
40
The slide uses a structured list format to present key investment thesis points.summarize
41
The chart highlights specific acquisition and leadership transition events against the share price trend.analyze_data
43
The chart uses a dashed line to indicate the average cost basis at inception ($86).analyze_data
44
The slide uses color-coded blocks to group the investment thesis into three pillars: Brand/Market, Reinvestment/Returns, and Leadership/Operational improvementssummarize
45
The chart highlights the correlation between specific corporate events and share price movement.illustrate_case
47
Includes a callout box explaining a negative market reaction to Q3 2018 earnings.analyze_data
48
The slide uses a structured list format to present the investment thesis for UTX.summarize
49
The chart uses callout boxes to correlate specific corporate events with share price fluctuations.analyze_data
50
The slide uses a classic 'thesis-antithesis' structure where the top sections establish the company's strength and the bottom callout introduces the market undeestablish_context
Open slide detailBeat · Action
51
The chart includes a dashed line representing the average cost at announcement date ($37*).analyze_data
Open slide detailBeat · Action
54
The slide uses a timeline-annotated line chart to correlate share price volatility with specific legal and political milestones.analyze_data
Open slide detailBeat · Action
55
The slide uses a table format to present individual investment rationales for nine portfolio holdings.summarize
Open slide detailBeat · Action