ClaimsPeople

Bill Ackman

Bill Ackman is a hedge fund manager and the founder and CEO of Pershing Square Capital Management, which has a fund listed on Euronext Amsterdam.

865 claims collected, 272 researched, 99 resolved. Report of 4 November 2026, method 0.1.0+c876030c.

Scores by kind of claim

Each kind of claim is scored on its own, out of 100: the share that held up, with the range it likely falls in. Fewer resolved claims give a wider range.

  • Factual claims

    Statements about the present or the past, checked against the record: did they hold up?

    76 70 81

    High confidence, 82 factual claims resolved. From 16 documents, 2011 to 2026; 19 documents sampled from 36 candidates found.

    Not scored: 48 unresolvable, 28 checkable only against their own records.

    See the factual claims

  • Predictions

    Statements about events outside the person's control, checked once they fell due: did they come true?

    68 54 82

    Low confidence, 14 predictions resolved. From 7 documents, 2014 to 2024; 19 documents sampled from 36 candidates found.

    Not scored: 81 unresolvable. 8 more fall due later.

    Does not yet allow for how likely each prediction was when made.

    See the predictions

  • Promises

    Commitments to the person's or organisation's own future action, with something to deliver: was it delivered?

    Insufficient record: 3 promises resolved, 5 needed for a score.

    Not scored: 6 unresolvable, 1 not yet due, 1 checkable only against their own records.

    See the promises

All types combined: 74 (likely 69 to 80, high confidence), from 96 claims: 82 factual claims, 14 predictions. It mixes kinds of claim in different proportions for different people, so compare people kind by kind.

Bill Ackman's claims

29 claims

29 claims, sorted by newest said. Choose a claim to read it in full.
VerdictKindSaidClaimTopic
Own records only Factual 12 Aug 2026 Pershing Square's portfolio companies trade at 19 times its estimate of current earnings per share. Factual · 12 Aug 2026 Economics and markets
Own records only Factual 12 Aug 2026 Pershing Square estimates ICE's more competitive lines, consolidated feeds and fixed income reference data, are only a single-digit percentage of FIDS segment revenue and a de minimis share of enterprise revenue. Factual · 12 Aug 2026 Economics and markets
Own records only Factual 12 Aug 2026 Brookfield Corporation trades at 14 times Pershing Square's earnings estimate. Factual · 12 Aug 2026 Economics and markets
Own records only Factual 12 Aug 2026 S&P Global's Capital IQ represents less than 7% of the company's total revenue and an even smaller percentage of total profits. Factual · 12 Aug 2026 Economics and markets
Own records only Factual 12 Aug 2026 S&P Global Ratings' customers' estimated annual interest savings are roughly three times the one-time upfront fee on a new debt issuance. Factual · 12 Aug 2026 Economics and markets
Own records only Factual 12 Aug 2026 Over the prior two decades Pershing Square has built a library of hundreds of businesses that meet its core investment principles. Factual · 12 Aug 2026 Their own work or organisation
Own records only Factual Aug 2024 Since restructuring away from open-end fund management in 2017, Pershing Square's investment team has allocated substantially all its time to investing. Factual · Aug 2024 Their own work or organisation
Own records only Factual 2024 Pershing Square has 40 employees. Factual · 2024 Their own work or organisation
Own records only Factual 30 Jul 2022 Bill Ackman and his firm have no economic interest, long or short, in Visa, Mastercard, PayPal, Amex or any other payments company, processing company, bank or financial institution. Factual · 30 Jul 2022 Their own work or organisation
Own records only Factual 26 Jan 2022 To fund the Netflix purchase, Pershing Square unwound the substantial majority of its interest rate hedge over several days, generating proceeds of $1.25 billion. Factual · 26 Jan 2022 Economics and markets
Own records only Factual 26 Jan 2022 Pershing Square's interest rate hedge notional size was reduced by 80%, its retained hedge term extended, and its dollar investment in hedges reduced by more than 90%. Factual · 26 Jan 2022 Economics and markets
Own records only Factual 26 Jan 2022 Pershing Square began analyzing Netflix in connection with its Universal Music Group investment, before Netflix's stock price declined sharply the previous Friday. Factual · 26 Jan 2022 Their own work or organisation
Own records only Factual 19 Aug 2021 The NYSE has offered to work closely with PSTH and the SEC to accelerate the necessary rule change for SPARC warrants. Factual · 19 Aug 2021 Their own work or organisation
Own records only Factual 2018 Pershing Square sold its S&P Global shares because a large stock price increase during accumulation prevented it from building a meaningful position. Factual · 2018 Economics and markets
Own records only Factual 28 Jan 2016 Pershing Square missed the opportunity in 2015 to trim or sell certain positions that approached its estimate of intrinsic value. Factual · 28 Jan 2016 Their own work or organisation
Own records only Factual Jan 2016 In 2015 Pershing Square missed opportunities to trim or sell positions that approached its estimate of intrinsic value. Factual · Jan 2016 Their own work or organisation
Own records only Factual Jan 2016 Pershing Square's currency puts have not served as a useful hedge against declines in its portfolio, which fell more than expected given limited China and oil exposure. Factual · Jan 2016 Economics and markets
Own records only Factual Jan 2016 As of early 2016 Pershing Square had made only a modest profit on its yuan and Saudi Riyal hedge investments. Factual · Jan 2016 Economics and markets
Own records only Factual Jan 2016 Pershing Square has had limited turnover on its investment team and throughout the firm since its inception. Factual · Jan 2016 Their own work or organisation
Own records only Factual Jan 2016 Pershing Square continues to hold its yuan and Saudi Riyal currency put investments as of early 2016. Factual · Jan 2016 Economics and markets
Own records only Factual Jan 2016 Early in 2015 Pershing Square believed the Chinese stock market was in bubble territory but found the cost of buying puts on it prohibitive. Factual · Jan 2016 Economics and markets
Own records only Factual Jan 2016 Pershing Square's biggest valuation error was assigning too much value to 'platform value' in certain holdings. Factual · Jan 2016 Their own work or organisation
Own records only Factual Jan 2016 Because credit default swaps were an unattractive hedge, Pershing Square looked for other instruments to protect against Black Swan-type risks. Factual · Jan 2016 Economics and markets
Own records only Factual Jan 2016 Pershing Square started slowly with Paul Hilal because his prior focus was technology and the firm had never made a technology investment. Factual · Jan 2016 Their own work or organisation
Own records only Factual Jan 2016 Pershing Square continued building its yuan position by buying slightly more out-of-the-money puts and selling further out-of-the-money puts. Factual · Jan 2016 Economics and markets
Own records only Factual Jan 2016 Ackman said that when the company's stock rose to the mid-$200s per share "this summer", "we" did not sell, believing it probable that the company would complete additional transactions that would meaningfully increase intrinsic value. Factual · Jan 2016 Their own work or organisation
Own records only Factual 21 Jul 2014 Ackman told CNBC's Halftime Report that his side had hundreds of hours of internal video and some internal documents given to them by some employees. Factual · 21 Jul 2014 Economics and markets
Own records only Factual 6 Jun 2011 Bill Ackman says his firm makes about 15% of its money from passive ideas. Factual · 6 Jun 2011 Their own work or organisation
Own records only Promise 6 Jun 2011 Bill Ackman says he will send out all the slides from his presentation. Promise · 6 Jun 2011 Their own work or organisation
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Bill Ackman

Open its page

Factual Their own work or organisation

“We make about 15% of our money in passive ideas.”

Bill Ackman, Pershing Square, speaking at Ira Sohn Conference 6 June 2011 Transcript of Bill Ackman's Super Fast Speech at the Ira Sohn Conference (Insider Monkey)

Bill Ackman says his firm makes about 15% of its money from passive ideas.

Own records only Only the person's or their organisation's own records speak to it, so it is not scored.

Said for an organisation they lead or work for; it counts on both records.

Reasoning

Share of firm profits from passive ideas is an internal figure.

Cite this claim

Bill Ackman, “Bill Ackman says his firm makes about 15% of its money from passive ideas.” (said 6 June 2011). Verdict: own records only. Reliability API, claim c_5bbc38d760cb, method 0.1.0+c876030c. https://epistacklabs.com/claims/c_5bbc38d760cb

Claims without a verdict

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