Pershing Square USA, Ltd.

Pershing Square USA, Ltd. is a close-ended equity fund that invests in public equity markets of North America. It is managed by Pershing Square Capital Management, L.P. The fund focuses on deep value stocks of large-cap companies across diversified sectors. Its investment strategy involves identifying undervalued companies with strong fundamentals and long-term growth potential. The fund does not operate a business itself but generates returns through capital appreciation and dividends from its equity holdings. As an asset management vehicle, it provides investors with exposure to a concentrated portfolio of carefully selected stocks.

Pershing Square USA, Ltd. is listed on the New York Stock Exchange (NYSE) under the ticker symbol PSUS. It trades in US Dollars (USD), which is the official currency of the United States. Being listed on the NYSE, one of the world's largest and most liquid stock exchanges, the fund offers accessibility to a wide range of global investors. The use of USD as the trading currency aligns with the fund's focus on North American equity markets and simplifies transactions for US-based investors.

Pershing Square USA, Ltd. operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management firm, its primary business is to manage investment portfolios on behalf of its shareholders. The fund falls under the close-ended equity fund category, meaning it has a fixed number of shares that trade on an exchange. Unlike open-ended funds, it does not continuously issue or redeem shares. Its industry classification reflects its role in pooling capital to invest in a diversified range of securities, primarily equities.

Pershing Square USA, Ltd. is based in the United States. The fund invests in public equity markets of North America, which includes both the United States and Canada. Its geographic focus is on large-cap companies operating in this region. The fund's management team, Pershing Square Capital Management, L.P., is also US-based and brings expertise in identifying value opportunities in North American markets. By concentrating on this region, the fund aims to capitalize on the economic growth and stability of developed markets in North America.

Pershing Square USA, Ltd. generates returns primarily through capital appreciation and dividend income from its equity investments. As a close-ended fund, it raises capital by issuing a fixed number of shares to investors and then uses that capital to build a concentrated portfolio of deep value large-cap stocks. The fund is actively managed by Pershing Square Capital Management, L.P., which selects stocks based on rigorous fundamental analysis. The fund's performance is directly tied to the performance of its portfolio holdings. It does not engage in lending or other income-generating activities typical of banks; instead, its revenue comes from investment gains and dividends. The fund's expenses, including management fees, are deducted from its assets, affecting net returns to shareholders.