With Valeant having collapsed over 30% today alone, now under $100 for the first time in a year (from highs over $260 in August 2015):
[3]
Someone just dumped a bucketload of VRX...
[4]
... we - and others - thought a glance at Bill Ackman's largest holdings (of which Ackman has now lost nearly $2 billion on Valeant alone in 2015) was worthwhile in case things start to escalate even quicker: after all, losing nearly a billion dollars in one day will make even the most hardeneded LP nervous and one wonders how long before the rest of Pershing Square's holdings are liquidated
[5]
With these sizable positions, even the slightest fear of liquidation will spark investor front-running in these names, and it seems they already are:
[6]
And then there is Ackman's "Big Short" - Herbalife...
[7]
Charts: Bloomberg