{
  "docId": "019dd923-622c-750b-8b9b-f01208f020ff",
  "docSlug": "02ebfca8ede5",
  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2020-02-05 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 19,
  "pageCount": 62,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 8,
  "notes": "The slide provides a breakdown of AUM across three specific funds and a total, with a footnote clarifying the treatment of bond proceeds.",
  "elementsJson": [
    "headline_text",
    "data_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9b-f01208f020ff/19",
  "deckHref": "/decks/019dd923-622c-750b-8b9b-f01208f020ff",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9b-f01208f020ff.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-f01208f020ff#slide-19",
  "components": [
    {
      "bbox": null,
      "kind": "metric",
      "text": "Total AUM: $8,573",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-e6e9-749a-ba89-b21fd95ccb91",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Assets under management are net of any capital redemptions through December 31, 2019 and include crystallized performance fee/allocation. No deductions are made for any capital redemptions if such redemption amounts are to be immediately re-subscribed into the same Pershing Square fund. (1) Total AUM includes $1.4 billion PSH bond proceeds. Equity AUM excludes $1.4 billion PSH bond proceeds",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "61be79b2-c61b-46d3-b71f-691987defc78",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.78,
        "x": 0.11,
        "y": 0.33
      },
      "kind": "table",
      "text": "As of 12/31/2019 ($ in millions) Total AUM Equity AUM Pershing Square Holdings (\"PSH\") $7,121 $5,721 Pershing Square, L.P. (\"PSLP\") 727 727 Pershing Square International (\"PSI\") 726 726 Total Core Funds $8,573 $7,173",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "15cad66b-ff6b-4c7a-aac3-10f18a9f043f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.04,
        "y": 0.08
      },
      "kind": "title",
      "text": "Total Assets Under Management",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a7b4eb49-4cbd-4473-bb58-983988f41945",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 25,
      "from": 15,
      "beatId": "8364c837-83a6-4df8-ab40-e34bb1a2313f",
      "arcName": "AIDA",
      "arcSlug": "aida",
      "beatName": "Solution & Approach",
      "beatSlug": "consultants-gambit-solution-approach",
      "evidence": "The document outlines Pershing Square's varied approach to activism, competitive advantages, and organizational update, presenting their solution and approach.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 15,
      "name": "Aha Moment",
      "slug": "03-aha-moment",
      "bestFor": "Data-heavy sections, research findings, analytical arguments",
      "matchId": "452f9936-ac36-4d40-b89f-9805b7dec108",
      "evidence": "The document provides an aha moment by highlighting substantial progress and returns.",
      "position": 1,
      "objective": "What are the key takeaways from Pershing Square's 2019 performance?",
      "structure": "The Problem/Question -> What the Data Shows -> The Insight",
      "confidence": 0.7,
      "description": "Establish a tension, present data, then deliver the insight that changes everything"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}