Pershing Square Holdings 1H NAV per share declined 12.6%

Pershing Square Holdings, Ltd. (LN:PSH) reported a 12.6% decline in its net asset value (NAV) per share for the first half of 2026, reflecting a challenging performance environment. As of July 31, 2026, the NAV per share was reported at $77.10, down from earlier levels in the year. The decline is attributed to a combination of market conditions and the firm’s investment strategy, with the net performance for July alone standing at 3.9% and a YTD net performance of -9.2%.

The NAV is calculated at the close of business on the last business day of the month and is posted on the following business day in New York. The firm’s portfolio consists of 15 long positions, with no short positions, and is primarily concentrated in large-cap equities, 110% net exposure. The firm’s assets under management (AUM) as of July 31, 2026, stood at $17.0 billion for Pershing Square Holdings, Ltd., with total firm AUM reaching $32.8 billion.

Performance figures are presented on a net-of-fees basis, which includes the deduction of management fees, brokerage commissions, administrative fees, and performance fees where applicable. The firm has also engaged in share repurchases, may influence metrics.

It is important to note that past performance not indicative of future results, and all investments carry the risk of loss. Investors are advised to consider these factors when evaluating the firm’s performance and prospects.