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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "William Ackman",
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  "presentationDate": "2020-02-05 00:00:00",
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  "notes": "The chart highlights the impact of strategic announcements on share price performance.",
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      "text": "HHC's share price increased 30% in 2019 and decreased 3% year-to-date in 2020",
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      "text": "Note: The performance of HHC's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds. *Average cost at announcement date. Please see the additional disclaimers and notes to performance results at the end of the presentation. (1) As of 2/4/2020",
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      "text": "6/27/19: HHC announces its Board of Directors will be conducting a detailed review of strategic alternatives",
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      "text": "10/21/19: HHC Board concludes strategic review process and announces transformation plan and new leadership",
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