Has Bill Ackman's Activism Paid Off?

REPLAY VIDEO
Your next video will start in
Pause
  • Info

  • Comments

  • VIDEO TEXT

Nov. 22 (Bloomberg) -- Julie Hyman reports on the performance of Bill Ackman's investments. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Then.

Julie hyman has been tracking his returns.

I has -- i have been.

He has not done as well as the s&p 500. if you look at his main strategy fund, he manages $11 billion total.

There is $5 billion under management in his main fund.

Under documents that bloomberg news obtained, 7.1% for hedge funds more broadly and a 20 three percent return for the s&p 500. hedge funds have been lagging the broader market.

He has been beating, not by much, but some of his competitors.

Some of his losses have been high-profile.

Jcpenney probably the highest profile among them.

He hired citigroup to underwrite the sale of his stake in fully exited that stake at a loss.

Then there is herbalife.

He said this is a long-term bet.

This has been a rough year for that position.

He took a lost and replaced a portion of the short with a long-term put.

The herbalife shares have soared year to date.

He have -- he has had some high-profile losses.

What about the wins?

Procter & gamble is probably the most notable of those.

He converted some of his stake to options in august.

He pushed for the ouster of the ceo, bob mcdonnell various and procter & gamble plans a $5 billion to $7 billion buyback next year.

Shares are up 47%. that is for canadian pacific.

He has worst for changes in that company.

-- he has pushed for changes in that company.

Bill sears is ready to play ball in a leveraged buyout over herbalife.

Cristina alesci, could they help herbalife against bill ackerman -- no ackman?

You said it in the introduction.

He increased his stake to 6.4%. he is saying, i will potentially take part in a take private of this company.

He has a pretty impressive track

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change