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Bill Ackman is getting annihilated

Feb 11, 2016, 04:04 IST

William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks during the Sohn Investment Conference in New YorkThomson Reuters

Hedge fund titan Bill Ackman's Pershing Square Holdings, the fund's publicly traded vehicle, has fallen 18.6% in 2016, according to a performance update.

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That performance is through February 9.

Pershing Square had its worst year in its history last year, falling 20.5%.

Ackman, a well-known activist investor, makes large, concentrated bets in a handful companies.

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