Pershing Square Holdings, an investment holding company, released its first half 2023 investor letter. A copy of the same can be downloaded here. The fund generated NAV performance of 10.0% during the first half of 2023 and a total shareholder return of 5.4% due to the widening of discount to NAV at which PSH's shares trade. Year-to-date, PSH's NAV return through August 15, 2023, was 13.1% compared to 16.8% for the S&P 500 index. In addition, please check the fund's top five holdings to know its best picks in 2023. Pershing Square Holdings highlighted stocks like Restaurant Brands International Inc. (NYSE:QSR) in the first half 2023 investor letter. Headquartered in Toronto, Canada, Restaurant Brands International Inc. (NYSE:QSR) is a quick-service restaurant company. On September 1, 2023, Restaurant Brands International Inc. (NYSE:QSR) stock closed at $69.90 per share. One-month return of Restaurant Brands International Inc. (NYSE:QSR) was -4.85%, and its shares gained 18.03% of their value over the last 52 weeks. Restaurant Brands International Inc. (NYSE:QSR) has a market capitalization of $31.384 billion. Pershing Square Holdings made the following comment about Restaurant Brands International Inc. (NYSE:QSR) in its first half 2023 investor letter: Jonathan Weiss/Shutterstock.com Restaurant Brands International Inc. (NYSE:QSR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 26 hedge fund portfolios held Restaurant Brands International Inc. (NYSE:QSR) at the end of second quarter which was 27 in the previous quarter. We discussed Restaurant Brands International Inc. (NYSE:QSR) in another article and shared the list of oversold Canadian stocks to buy. In addition, please check out our hedge fund investor letters Q2 2023 page for more investor letters from hedge funds and other leading investors. Suggested Articles: Disclosure: None. This article is originally published at Insider Monkey.
Leave a Comment