Pershing Square USA (PSUS)

Extracted Attributes

• Company Type

  Closed-end, non-diversified management investment company

• Ticker Symbol

  PSUS

• Inception Date

  2026-04-29

• Stock Exchange

  NYSE

• IPO Share Price

  $50.00

• Investment Manager

  Pershing Square Capital Management, L.P.

• Aggregate IPO Offering Size

  $5 billion

• Chairman of the Board of Trustees

  Barry Barbash

Timeline

• An amendment to the Investment Management Agreement of Pershing Square Holdings is adopted, establishing a performance fee reduction linked to management fees earned from funds like PSUS. (Source: Pershing Square Holdings, Ltd. (PSH) Notes the Closing of Initial Public Offering of Pershing Square USA, Ltd. (PSUS) with Aggregate Offering Size of $5 Billion | Pershing Square Holdings)

  2024-02-01

• Pershing Square USA, Ltd. (PSUS) launches on the NYSE, marking its inception date and the closing of its initial public offering. (Source: Pershing Square USA: PSUS Stock Price Quote & News | Robinhood)

  2026-04-29

• Pershing Square Holdings, Ltd. notes the successful closing of the PSUS IPO with an aggregate offering size of $5 billion. (Source: Pershing Square Holdings, Ltd. (PSH) Notes the Closing of Initial Public Offering of Pershing Square USA, Ltd. (PSUS) with Aggregate Offering Size of $5 Billion | Pershing Square Holdings)

  2026-04-30

Gaza war protests in the United States

Protests, including rallies, demonstrations, campaigns, and vigils, relating to the Gaza war have occurred nationwide across the United States since the conflict's start on October 7, 2023, occurring as part of a broader phenomenon of Gaza war protests around the world. In the first ten days of the war, pro-Israeli demonstrations in support of Israel in the wake of the Hamas-led attack and focusing on the Israeli hostage crisis were most common, but they have since been outnumbered by pro-Palestinian anti-war protests calling for a ceasefire and an end to the Israeli occupation. Pro-Palestinian protestors criticized US military and diplomatic support to Israel, Israel's invasion of the Gaza Strip, Israel's genocide of Gazans, and other Israeli war crimes. These protests included Jewish groups and some US administration staffers. By December 5, more than 1 million Americans had participated in protest over the conflict, across over 2,600 events: 442 in support of Israel, and 2,100 in support of Palestine. An escalation of pro-Palestinian protests on university campuses began on April 17, 2024, and continued into 2025. Four people have self-immolated in protest of the war: an unidentified woman draped in a Palestinian flag on December 1, 2023, in Atlanta, Georgia, who survived with serious injures; and Aaron Bushnell, a 25-year-old serviceman of the United States Air Force, in Washington, D.C., died in hospital on February 25, 2024. The third by anti-war activist Matt Nelson occurred in Boston in September 2024. The fourth occurred in Washington, D.C., in October 2024.

Web Search Results

• Pershing Square USA/Pershing Square Inc. (Closed-End Fund) | IPOScoop

  and 811-23932) (the “PSUS Registration Statement”), are component parts of a single offering, which we refer to as the “combined offering.” PSUS is a non-diversified, closed-end investment company that is registered under the Investment Company Act of 1940, as amended. Our wholly owned subsidiary, Pershing Square Capital Management, L.P., serves as the investment manager of PSUS. The PSUS Shares are being offered at a public offering price of $50.00 per share. We currently expect to deliver to each initial investor in the PSUS IPO, for no additional consideration, 20 shares of our common stock for every 100 PSUS Shares purchased in the PSUS IPO, including any PSUS Shares acquired by the underwriters in the PSUS IPO in connection with the exercise of their option to purchase additional [...] ### This initial public offering of common stock of Pershing Square Inc. (“this offering”), together with the initial public offering (the “PSUS IPO”) of common shares of beneficial interest (the “PSUS Shares” and each, a “PSUS Share”) of Pershing Square USA, Ltd. (“PSUS”), a Delaware statutory trust, as contemplated by the registration statement on Form N-2 (File Nos. 333-   and 811-23932) (the “PSUS Registration Statement”), are component parts of a single offering, which we refer to as the “combined offering.” PSUS is a non-diversified, closed-end investment company that is registered under the Investment Company Act of 1940, as amended. Our wholly owned subsidiary, Pershing Square Capital Management, L.P., serves as the investment manager of PSUS. The PSUS Shares are being offered at [...] | Industry: | INVESTMENT FUND - CLOSED-END FUND & HEDGE FUND | | Employees: | 44 | | Founded: | 2003 | | Contact Information | | | Address | 787 Eleventh Avenue 9th Floor New York, New York 10019 | | Phone Number | (212) 813-3700 | | Web Address | | | View Prospectus: | Pershing Square USA/Pershing Square Inc. (Closed-End Fund) | | Financial Information | | | Market Cap | $20000.0mil | | Revenues | $762.51 mil (last 12 months) | | Net Income | $249.78 mil (last 12 months) | | IPO Profile | | | Symbol | PSUS/PS | | Exchange | NYSE | | Shares (millions): | 100.0 | | Price range | $50.00 - $50.00 | | Est. $ Volume | $5000.0 mil |

• Pershing Square USA | NYSE:PSUS

  # Pershing Square USA, Ltd. Pershing Square USA, Ltd. is a New York Stock Exchange listed (NYSE:PSUS) non-diversified closed-end management investment company with a unique investment strategy of concentrated, core equity holdings. It also complements its core investment strategy by seeking to identify and execute asymmetric hedges. ## Fund Overview Pershing Square USA, Ltd. (NYSE:PSUS) invests primarily in high-quality, large-capitalization, free-cash-flow-generative, North American growth companies that it seeks to acquire at discounts to its estimate of their intrinsic value. It also seeks to hedge certain macroeconomic and other risks as part of its investment strategy. Learn More PSUS Exchange Symbol $48.77 NAV/Share $42.98 NYSE Px/Share -0.1% MTD Return -2.5% YTD Return [...] Learn More ## About Us ### Pershing Square Team The Pershing Square Capital Management, L.P. investment team brings significant investment expertise as well as broad industry networks that encompass a wide array of sectors, industry participants and intermediaries. CEO Bill Ackman, CIO Ryan Israel and its other investment professionals work as a team. Each member of the investment team has complementary skills and experience relevant to our strategy, a commitment to intense research and discovery, and a track record of innovation and providing solutions for creating long-term value. Bill Ackman Chief Executive Officer Ryan Israel Chief Investment Officer Ben Hakim President Michael Gonnella Chief Financial Officer Halit Coussin [...] Michael Gonnella Chief Financial Officer Halit Coussin Chief Legal Officer and Chief Compliance Officer Jordan Aguiar-Lucander Investment Team Member Bharath Alamanda Investment Team Member Sonal Khosla Investment Team Member Charles Korn Investment Team Member Anthony Massaro Investment Team Member Feroz Qayyum Investment Team Member ### Board of Trustees The business and affairs of Pershing Square USA, Ltd. are managed under the direction of the Board of Trustees. The Board meets regularly throughout the year, at least on a quarterly basis, and maintains regular contact between meetings with the Pershing Square team. Barry Barbash Trustee and Chairman of the Board Evan Bakst Trustee Nicholas Botta Trustee Anne Farlow Trustee Bruce Herring Trustee Lisa Polsky

• Pershing Square Inc. - SEC.gov

  | | | --- | | • | “PSUS” refers to Pershing Square USA, Ltd., a Delaware statutory trust, which has filed the registration statement on Form N-2 (File Nos. 333-   and 811-23932) relating to the initial public offering of the PSUS Shares with the Securities and Exchange Commission; | | | | --- | | • | “PSUS Prospectus” refers to the prospectus filed by PSUS related to the proposed distribution of its common shares of beneficial interest; | | | | --- | | • | “PSVII” refers to PS VII Master, L.P. and its affiliated funds; | | | | --- | | • | “Vantage” refers to Vantage Group Holdings Ltd., a privately held specialty insurance and reinsurance holding company; and | [...] Common Stock (par value $0.001) This prospectus is being provided to you along with the separate prospectus (“PSUS Prospectus”) of Pershing Square USA, Ltd. (“PSUS”) related to the proposed distribution (together with related transactions, the “PSUS IPO”) of common shares of beneficial interest of PSUS (the “PSUS Shares” and each, a “PSUS Share”) at a public offering price of $50.00 per share. This offering and the PSUS IPO are component parts of a single offering, which we refer to as the “combined offering.” PSUS is a non-diversified, closed-end investment company that is registered under the Investment Company Act of 1940, as amended (the “1940 Act”). Our wholly owned subsidiary, Pershing Square Capital Management, L.P., serves as the investment manager of PSUS. [...] PSUS has secured $2.8 billion in commitments (which includes the $100 million common shares investment we have agreed to make) from a number of qualified investors (the “private placement investors”) consisting of U.S. and international institutional investors, including family offices (30%), pension funds (25%), insurance companies (22%), ultra-high-net-worth investors (12%) and other investors (11%), that have agreed to acquire an aggregate of 55.6 million PSUS Shares at a price of $50.00 per share in a private placement transaction (the “PSUS Private Placement”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). We will deliver to each private placement investor, for no additional consideration, 30 shares of our common stock for every 100 PSUS

• Pershing Square Holdings, Ltd. (“PSH”) Notes the Closing of Initial Public Offering of Pershing Square USA, Ltd. (“PSUS”) with Aggregate Offering Size of $5 Billion | Pershing Square Holdings

  # Press Releases 30 April 2026 # Pershing Square Holdings, Ltd. (“PSH”) Notes the Closing of Initial Public Offering of Pershing Square USA, Ltd. (“PSUS”) with Aggregate Offering Size of $5 Billion PSH to Benefit from Reduction of Performance Fees LONDON–(BUSINESS WIRE)– Pershing Square Holdings, Ltd. (LN: PSH) (LN: PSHD) today noted the closing of the initial public offering of the common shares of beneficial interest of Pershing Square USA, Ltd. (NYSE:PSUS), a NYSE-listed U.S. fund managed by PSH’s investment manager, Pershing Square Capital Management, L.P. (the “Investment Manager”), as well as the concurrent closing of the initial public offering of the common stock of the Investment Manager’s parent company, Pershing Square Inc. (NYSE:PS). [...] The Company is a registered closed-ended investment scheme registered pursuant to the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended and the Registered Collective Investment Scheme Rules 2008 issued by the Guernsey Financial Services Commission (the “Commission”). The Commission has not reviewed this disclaimer and takes no responsibility for the financial soundness of the Company or for the correctness of any of the statements made or opinions expressed with regard to it. [...] PSH and its shareholders will benefit from the initial public offering of PSUS, which was completed with an aggregate offering size of $5 billion, since PSH’s amended Investment Management Agreement provides that PSH’s performance fees are reduced by an amount equal to 20% of any management fees that the Investment Manager earns from certain Pershing Square funds – such as PSUS – that do not have performance fees or allocations. This fee reduction provision was adopted in an amendment to the IMA in February 2024, as previously announced, supplementing an existing fee reduction provision that reduces PSH’s performance fees by an amount equal to 20% of any performance fees and allocation earned by Pershing Square from certain non-PSH funds.

• Pershing Square USA: PSUS Stock Price Quote & News | Robinhood

  # Pershing Square USA ‌‌ #### Why Robinhood? Robinhood gives you the tools you need to put your money in motion. You can buy or sell PSUS and other ETFs, options, and stocks. Sign up ## About PSUS ### Pershing Square USA Ltd. is a closed-end, non-diversified management investment company. Its investment objective is to preserve capital and seek maximum, long-term capital appreciation commensurate with reasonable risk. Category Large Blend CategoryLarge Blend Number of holdings — Number of holdings— Inception Date Apr 29, 2026 Inception DateApr 29, 2026 ## PSUS Key Statistics AUM — AUM— Price-Earnings ratio — Price-Earnings ratio— 30-Day yield — 30-Day yield— Average volume 395.41K Average volume395.41K High today $40.40 High today$40.40 Low today $40.11 [...] High today $40.40 High today$40.40 Low today $40.11 Low today$40.11 Open price $40.25 Open price$40.25 Volume 306.78K Volume306.78K 52 Week high $50.00 52 Week high$50.00 52 Week low $40.11 52 Week low$40.11 Expense ratio 2.20 Expense ratio2.20 View Prospectus and Reports ## Average Annual Return ## Similar Marketcap This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company. ## Popular Stocks This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset ## Newly Listed This list is generated by showing companies that recently went public.