Howard Hughes Holdings Inc. (NYSE: HHH) is a small-cap real estate company that may see a turnaround as investor Bill Ackman plans to transform it into a Berkshire Hathaway-like holding company. Ackman's Pansing Square owns 47% of Howard Hughes Holdings and controls 40% of the voting rights. Pansing Square's goal is to leverage Howard Hughes Holdings to acquire majority stakes in other companies, emulating Warren Buffett's value investing model.

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