The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

PSH.L

Concerning the House

Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. For its fixed income portion, the fund primarily invests in convertible securities and debt securities. It also invests through derivatives. The fund employs long/short strategy to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index and HFRX Global Hedge Fund Index. Pershing Square Holdings, Ltd. was formed on February 2, 2012 and is domiciled in Guernsey.

United States · www.pershingsquareholdings.com

Quotation

$3,868.00

-25.82 (-0.7%)

52w hi$5,089.33
52w lo$3,641.83
Vol139.85K
As ofAug 13
The Verdict

Hold

Our score -0.35

Short-0.80
Medium-0.32
Long+0.52

computed 2026-08-13

By the Numbers

Pershing Square Holdings, Ltd.

Financial Services · Asset Management

Market cap$6.77B
Enterprise value-$8.68B
Trailing P/E3.71x
Forward P/E
EV / EBITDA
P / S (ttm)1.95x
Profit margin72.7%
Return on equity18.0%
Revenue growth+19.5%
Earnings growth+20.0%
Debt / equity24.38
Risk Metrics
Beta vs SPX0.46
Corr SPX0.29
Annual vol25.7%
Annual ret+5.3%
Sharpe0.21
Max DD-28.5%

Window: 504 trading days (491 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.49
Sector+0.09
Technical-0.42
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$3,896.00$3,924.00$3,864.00$3,868.00139.85K
Aug 12$3,900.00$3,978.00$3,864.00$3,894.00149.88K
Aug 11$3,910.00$3,927.70$3,878.00$3,914.00396.53K
Aug 10$3,934.00$3,946.00$3,901.72$3,912.00123.75K
Aug 7$3,938.00$3,944.00$3,888.00$3,912.00156.00K