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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "Pershing Square Holdings",
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  "presentationDate": "2026-02-11 00:00:00",
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  "notes": "The chart uses a dashed vertical line to separate PSH performance from market indices and peer benchmarks.",
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      "kind": "callout",
      "text": "2025 Return: PSH NAV Net of Fees & Total Return vs. Indices Total Return",
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      "text": "Bar chart showing returns for PSH NAV (20.9%), PSH Share Price (33.9%), S&P 500 (17.9%), FTSE 100 (35.1%), MSCI World (21.6%), HFRX Activist Index (18.0%), and HFRX Equity Hedge Index (10.1%).",
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      "kind": "disclaimer",
      "text": "Note: Reflects returns from 12/31/24 through 12/31/25... (1) FTSE 100 index reflects USD-denominated returns... (2) HFRX Equity Hedge Index and HFRX Activist Index are constructed and maintained by Hedge Fund Research, Inc.",
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      "text": "Total Return: 33.9%",
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      "text": "2025 Performance Overview",
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