Bill Ackman Increases Stake in Canadian Pacific Railway

Bill Ackman’s Pershing Square Capital Management said Tuesday it increased its stake in Canadian Pacific Railway (CP, CP.T) to 14.2% from 12.4% after buying three million shares this month. In the regulatory filing, Pershing, led by value investor Bill Ackman, didn’t update the progress of its discussions with the railroad’s management.

On Dec. 1, Pershing said it was seeking unspecified changes to Canadian Pacific’s business.

Coho Capital 2Q20 Commentary: Podcasts, The New Talk Radio

Coho Capital LogoCoho Capital commentary for the second quarter ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more Dear Partners, Coho Capital returned 46.6% during the first half of the year compared to a loss of 3.1% in the S&P 500. Many of our holdings, such as Netflix, Amazon, and Spotify, were perceived beneficiaries Read More