Pershing Square Largest Holdings in 3rd Qtr: 13F Alert

The following are Pershing Square Capital Management LP top 10 holdings by market value as of September 30, according to a filing with the U.S. Securities and Exchange Commission on 11/15/2010.

Company Name                 Ticker      Market Value      Current     Change
                                            (USD $)       Position  In Position
Kraft Foods Inc-Class A      KFT US       852,724,230   27,632,023   -6,018,936
Target Corp                  TGT US       755,849,802   14,143,896   -6,536,307
Citigroup Inc                C US         572,718,916  146,475,426      -24,574
J.C. Penney Co Inc           JCP US       427,051,997   15,711,994   15,711,994
General Growth Properties    GGP US       373,678,999   23,953,782             
Fortune Brands Inc           FO US        367,529,273    7,465,555    7,465,555
Automatic Data Processing    ADP US       365,686,722    8,700,612      430,585
Corrections Corp of America  CXW US       269,917,065   10,936,672             
Borders Group Inc            BGP US        12,611,596   10,597,980             
Greenlight Capital Re Ltd-A  GLRE US        6,255,000      250,000             
 
SOURCE: SEC 13F-HR 
FILER: Pershing Square Capital Management LP 
QUARTER ENDED: 09/30/2010 
SEC RECEIVED: 11/15/2010 

To contact the reporter on this story: Chris Cappucci in Princeton at ccappucci1@bloomberg.net.

To contact the editor responsible for this story: Rodney Yap at ryap@bloomberg.net.