More specifically, Pershing Square was the largest shareholder of Lowe's Companies, Inc. (NYSE:LOW), with a stake worth $898.2 million reported as of the end of March. Trailing Pershing Square was D E Shaw, which amassed a stake valued at $761.9 million. Citadel Investment Group, OZ Management, and Maverick Capital were also very fond of the stock, giving the stock large weights in their portfolios.
Consequently, key money managers were breaking ground themselves. OZ Management assembled the most outsized call position in Lowe's Companies, Inc. (NYSE:LOW). OZ Management had $230 million invested in the company at the end of the quarter. Andrew Immerman and Jeremy Schiffman's Palestra Capital Management also made a $149.3 million investment in the stock during the quarter.