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Pershing Square Semi Annual Report: Mondelez, Nomad Foods & More

Bill Ackman's hedge fund firm Pershing Square is out with its semi-annual report and second quarter letter. Year to date through July 2015, Pershing Square Holdings was up 10.1% net. This obviously doesn't include the volatility in August and they note they were down for the year as of recent activity, but still outperforming the indices.

CONTINUED AT MARKET FOLLY:

http://www.marketfolly.com/2015/08/pershing-square...