{
  "docId": "019dd923-622c-750b-8b9b-f9a0f4ad5eb5",
  "docSlug": "202e767b9cab",
  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "Pershing Square Holdings",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-02-11 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 32,
  "pageCount": 68,
  "prevPage": 31,
  "nextPage": 33,
  "slideType": "kpi_overview",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The slide uses a split-layout to contrast new investments (logos) with exited investments (table).",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "logo_grid",
    "data_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9b-f9a0f4ad5eb5/32",
  "deckHref": "/decks/019dd923-622c-750b-8b9b-f9a0f4ad5eb5",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9b-f9a0f4ad5eb5.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-f9a0f4ad5eb5#slide-32",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Since the beginning of 2021, we initiated four new investments and exited two highly successful investments",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-ee3b-7248-a199-44156fd2b244",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.92,
        "x": 0.04,
        "y": 0.36
      },
      "kind": "image",
      "text": "Universal Music Group, Domino's, Netflix, Undisclosed Position",
      "attrs": null,
      "subkind": "logo-grid",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ce37d85-a45c-4ca7-8081-5f78afbe028d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Cumulative Return: 97%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-ee3b-7248-a199-48d78498d2c0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.92,
        "x": 0.04,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "Since the beginning of 2021, we initiated four new investments and exited two highly successful investments",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "99d8bb78-af7e-4c29-a485-04528965d80b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.04,
        "y": 0.97
      },
      "kind": "source-note",
      "text": "(1) Represents return on capital invested.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "003208f8-e371-4773-b2b5-7d2f7c6b8ee1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.92,
        "x": 0.04,
        "y": 0.74
      },
      "kind": "table",
      "text": "Starbucks and Agilent exit data showing capital invested, realized value, and cumulative return.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3daea28c-a66a-4e54-b5b6-4e0b1363fb54",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.47,
        "x": 0.04,
        "y": 0.08
      },
      "kind": "title",
      "text": "Portfolio Developments",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ec3103d8-f268-43b3-8546-73e758a6bfe1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.92,
        "x": 0.04,
        "y": 0.29
      },
      "kind": "title",
      "text": "Initiated Positions",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "16e82608-4831-4c68-9fd8-abf760dff006",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.92,
        "x": 0.04,
        "y": 0.66
      },
      "kind": "title",
      "text": "Exited Positions",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9119e33f-9862-47a3-8197-1a7ce55b13a7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "c6770337-1370-400f-9fc1-e76babb099b2",
      "evidence": "The slide is addressed to an audience interested in portfolio developments, indicating a clear audience definition.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 64,
      "from": 21,
      "beatId": "dafb31f1-8f67-403f-b88a-d90ff3829387",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Visualization",
      "beatSlug": "monroes-sequence-visualization",
      "evidence": "Business Update, Portfolio Update, and Exited Positions",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}