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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "Pershing Square Holdings",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-02-18 00:00:00",
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  "nDataPoints": 10,
  "notes": "The slide uses a combination of percentage returns and basis point (bps) outperformance metrics.",
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      "text": "Bar chart showing PSH at 70.2% vs S&P 500 (18.4%), MSCI World (16.5%), HFRX ED (18.1%), and HFRX Equity Hedge (4.6%)",
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      "kind": "disclaimer",
      "text": "Past performance is not necessarily indicative of future results. All investments involve the possibility of profit and the risk of loss, including the loss of principal.",
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      "text": "Net Return: 70.2%",
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      "text": "(1) HFRX ED: Activist Index constructed and maintained by Hedge Fund Research, Inc. (2) HFRX Equity Hedge Index constructed and maintained by Hedge Fund Research, Inc.",
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      "text": "PSH Outperformance table showing 5,180 bps, 5,370 bps, 5,210 bps, and 6,560 bps",
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      "text": "Record Outperformance in 2020",
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      "kind": "title",
      "text": "2020 PSH Net Return vs. Benchmark Indices",
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      "evidence": "The document highlights the challenges faced by the company in 2020, including market volatility",
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