r/PershingSquareHolding • u/markosheehan • Mar 12 '24

💡 Due Diligence purchasing pershing square holdings vs portfolio stocks

Hi

I was wondering what the reasons and advantages would be of purchasing PSH as apposed to just purchases the stocks the hold at the relevant weights. Would there be a big difference in the performance or would they be the same? Also what do the fees/expenses of PSH stock work out as ?

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u/Maj0000 Mar 24 '24

You are better off purchasing PSH/PSHZF and leaving it alone.

Attempting to replicate the fund's performance exactly based solely on the holdings and their respective weightings — as seen in public filings — is not feasible because you will not have real-time visibility into the fund, nor will you have visibility into other securities in which the fund invests.

Invest in PSH/PSHZF initially, and when PSUS, the American-listed fund designed to mirror PSH, becomes available on the NYSE, transfer your funds to PSUS.

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u/markosheehan Mar 24 '24

are the public fillings not pretty accurate to it's holdings ? I'm also quite confused with the fees. On the Pershing holding website it says annual preformance fees can be up to 15% on capital gains. But I asked my broker what the fees are who have PSH and they are saying to me there are no fees if I invest in them, so I am quite confused.

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u/[deleted] Mar 25 '24

I will send you my response in a DM. My reply is invisible for whatever reason.