Tags: Pershing | Ackman | JCPenney | Herbalife

Ackman's Pershing Square Lost 2.2 Percent in July

Monday, 05 Aug 2013 11:22 AM


William Ackman's $12 billion hedge fund, Pershing Square Capital Management, lost 2.2 percent in July, according to an investor familiar with the numbers.

The fund remains up 3.8 percent year to date, according to the investor.

The firm's short position in nutritional supplements company Herbalife Ltd performed poorly in July, with the stock rising, as did a long position in retailer J.C. Penney Co Inc., with the stock falling.

© 2015 Thomson/Reuters. All rights reserved.

Around the Web

Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.

You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved