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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2017-01-26 00:00:00",
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      "kind": "callout",
      "text": "FNMA and FMCC share prices increased 138% (2.38x) and 131% (2.31x), respectively, in 2016",
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      "text": "Stock price performance of Fannie and Freddie from 1/1/2016 to 12/31/2016",
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      "kind": "disclaimer",
      "text": "Note: The performance of Fannie Mae and Freddie Mac's share prices 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": "FNMA and FMCC: Share Price Performance in 2016",
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