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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "Pershing Square Holdings",
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  "notes": "The chart highlights the entry and exit points of Pershing Square's investment in SBUX.",
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      "text": "11/1/18: SBUX reports fiscal Q4'18 earnings with U.S. SSS growth of 4% after four quarters of 1% to 2% growth",
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      "text": "1/31/20: Pershing Square completes sale of initial investment in SBUX at an average price per share of $86",
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      "text": "3/12/20-3/23/20: Pershing Square re-establishes a position in SBUX at an average cost per share of $60",
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      "text": "SBUX's share price including dividends increased 1% in 2021 through our last share sale on March 26, 2021",
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      "text": "Note: The performance of SBUX'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.",
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