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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "William Ackman",
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  "presentationDate": "2017-01-26 00:00:00",
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  "notes": "The chart uses a dual-line approach to show the adjusted performance (APD + VSM) versus the standalone APD stock price.",
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      "kind": "callout",
      "text": "APD’s share price including dividends and the spinoff of Versum increased 24% in 2016",
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      "text": "Stock price performance of APD from 1/1/2016 to 12/31/2016",
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      "text": "Note: The performance of APD’s share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds. Source: Bloomberg.",
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      "text": "APD: Share Price Performance in 2016",
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