← Pershing Square overview

Pershing Square vs CVC Capital Partners: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Pershing Square Holdings Ltd (PSH.AS)

Q3 2026
▲3

Pershing Square's Buybacks and Portfolio Growth Drive PSH Higher

  • Share buybacks shrink share count and signal confidence Pershing Square bought back its own shares four times this period, reducing the number of shares outstanding. This supports the share price because each remaining share represents a larger slice of the fund's assets, and it signals management believes the stock is undervalued.

    Buybacks are a direct capital action that lifts PSH's price by reducing supply and signaling confidence.

  • Q2 earnings call highlights NAV growth and strategic plans On the Q2 2026 earnings call, Pershing Square said its portfolio companies (like Amazon, Meta, Microsoft) should compound value at high rates, growing net asset value. It also plans to use investment-grade debt to boost returns and launch new funds, which could attract more investors.

    The earnings call revealed management's growth strategy and positive outlook, which can drive investor demand for PSH shares.

  • Howard Hughes deal could boost Pershing Square's fee income Pershing Square said Howard Hughes Holdings could become a modern-day Berkshire Hathaway after acquiring Vantage. As Howard Hughes grows, Pershing Square earns higher variable service fees, which increases its revenue and potentially its share price.

    This shows a specific portfolio company development that could increase Pershing Square's fee income, directly benefiting PSH.

July 2026
▲3

Pershing Square's Buybacks and Portfolio Growth Drive PSH Higher

  • Share buybacks shrink share count and signal confidence Pershing Square bought back its own shares four times this period, reducing the number of shares outstanding. This supports the share price because each remaining share represents a larger slice of the fund's assets, and it signals management believes the stock is undervalued.

    Buybacks are a direct capital action that lifts PSH's price by reducing supply and signaling confidence.

  • Q2 earnings call highlights NAV growth and strategic plans On the Q2 2026 earnings call, Pershing Square said its portfolio companies (like Amazon, Meta, Microsoft) should compound value at high rates, growing net asset value. It also plans to use investment-grade debt to boost returns and launch new funds, which could attract more investors.

    The earnings call revealed management's growth strategy and positive outlook, which can drive investor demand for PSH shares.

  • Howard Hughes deal could boost Pershing Square's fee income Pershing Square said Howard Hughes Holdings could become a modern-day Berkshire Hathaway after acquiring Vantage. As Howard Hughes grows, Pershing Square earns higher variable service fees, which increases its revenue and potentially its share price.

    This shows a specific portfolio company development that could increase Pershing Square's fee income, directly benefiting PSH.

Latest
▲3

Pershing Square's Buybacks and Portfolio Growth Drive PSH Higher

  • Share buybacks shrink share count and signal confidence Pershing Square bought back its own shares four times this period, reducing the number of shares outstanding. This supports the share price because each remaining share represents a larger slice of the fund's assets, and it signals management believes the stock is undervalued.

    Buybacks are a direct capital action that lifts PSH's price by reducing supply and signaling confidence.

  • Q2 earnings call highlights NAV growth and strategic plans On the Q2 2026 earnings call, Pershing Square said its portfolio companies (like Amazon, Meta, Microsoft) should compound value at high rates, growing net asset value. It also plans to use investment-grade debt to boost returns and launch new funds, which could attract more investors.

    The earnings call revealed management's growth strategy and positive outlook, which can drive investor demand for PSH shares.

  • Howard Hughes deal could boost Pershing Square's fee income Pershing Square said Howard Hughes Holdings could become a modern-day Berkshire Hathaway after acquiring Vantage. As Howard Hughes grows, Pershing Square earns higher variable service fees, which increases its revenue and potentially its share price.

    This shows a specific portfolio company development that could increase Pershing Square's fee income, directly benefiting PSH.

CVC Capital Partners PLC (CVC.AS)

Q3 2026
▲3

CVC posts record results, adds new deals and a co-CEO

  • Record first-half results and faster fundraising CVC reported record cash-outs from selling investments and a 9% rise in fee-paying assets to €153bn. Fee earnings and profit both grew, and the dividend rose 12%. More money under management and more fees mean steadier, larger earnings, which supports the share price.

    This is the core earnings update that shows CVC's business is growing strongly.

  • New insurance partnership puts capital to work CVC will commit £400m ($546m) to a venture with Standard Life's UK pension-transfer business, alongside Prudential and others. It gives CVC a pipeline of private-market investments funded by long-term pension money, a new source of steady fee income.

    It shows CVC expanding into a large, durable pool of insurance-linked capital.

  • TPG's departing president to become CVC co-CEO Todd Sisitsky left TPG after 23 years and will join CVC as co-CEO alongside Peter Rutland by early 2028, as Rob Lucas steps back. A seasoned dealmaker joining strengthens CVC's leadership and succession plan, which investors tend to view favourably.

    Leadership changes at the top affect how investors judge CVC's future direction.

  • CVC weighs big new deals and a possible exit CVC is among bidders for Siemens Energy's steam-turbine unit, valued above €10bn, with €7bn of debt being arranged. Separately, its 51% stake in olive-oil maker Deoleo is under review, with a possible €470m sale. Big deals add growth but tie up capital and carry risk.

    These show CVC actively deploying and recycling capital, with both opportunity and uncertainty.

September 2026
▲3

CVC posts record results, adds new deals and a co-CEO

  • Record first-half results and faster fundraising CVC reported record cash-outs from selling investments and a 9% rise in fee-paying assets to €153bn. Fee earnings and profit both grew, and the dividend rose 12%. More money under management and more fees mean steadier, larger earnings, which supports the share price.

    This is the core earnings update that shows CVC's business is growing strongly.

  • New insurance partnership puts capital to work CVC will commit £400m ($546m) to a venture with Standard Life's UK pension-transfer business, alongside Prudential and others. It gives CVC a pipeline of private-market investments funded by long-term pension money, a new source of steady fee income.

    It shows CVC expanding into a large, durable pool of insurance-linked capital.

  • TPG's departing president to become CVC co-CEO Todd Sisitsky left TPG after 23 years and will join CVC as co-CEO alongside Peter Rutland by early 2028, as Rob Lucas steps back. A seasoned dealmaker joining strengthens CVC's leadership and succession plan, which investors tend to view favourably.

    Leadership changes at the top affect how investors judge CVC's future direction.

  • CVC weighs big new deals and a possible exit CVC is among bidders for Siemens Energy's steam-turbine unit, valued above €10bn, with €7bn of debt being arranged. Separately, its 51% stake in olive-oil maker Deoleo is under review, with a possible €470m sale. Big deals add growth but tie up capital and carry risk.

    These show CVC actively deploying and recycling capital, with both opportunity and uncertainty.

Latest
▲3

CVC posts record results, adds new deals and a co-CEO

  • Record first-half results and faster fundraising CVC reported record cash-outs from selling investments and a 9% rise in fee-paying assets to €153bn. Fee earnings and profit both grew, and the dividend rose 12%. More money under management and more fees mean steadier, larger earnings, which supports the share price.

    This is the core earnings update that shows CVC's business is growing strongly.

  • New insurance partnership puts capital to work CVC will commit £400m ($546m) to a venture with Standard Life's UK pension-transfer business, alongside Prudential and others. It gives CVC a pipeline of private-market investments funded by long-term pension money, a new source of steady fee income.

    It shows CVC expanding into a large, durable pool of insurance-linked capital.

  • TPG's departing president to become CVC co-CEO Todd Sisitsky left TPG after 23 years and will join CVC as co-CEO alongside Peter Rutland by early 2028, as Rob Lucas steps back. A seasoned dealmaker joining strengthens CVC's leadership and succession plan, which investors tend to view favourably.

    Leadership changes at the top affect how investors judge CVC's future direction.

  • CVC weighs big new deals and a possible exit CVC is among bidders for Siemens Energy's steam-turbine unit, valued above €10bn, with €7bn of debt being arranged. Separately, its 51% stake in olive-oil maker Deoleo is under review, with a possible €470m sale. Big deals add growth but tie up capital and carry risk.

    These show CVC actively deploying and recycling capital, with both opportunity and uncertainty.