The hedgie behind Pershing Square said Tuesday that all of his funds are in “slightly positive territory.” “I guess I would say I’m pleased to report that we’ve had good progress since our last quarterly update,” Ackman said on a call with investors. The good news comes after three consecutive years of losses and redemptions for the now $7.8 billion hedge fund. Recent gains in major holdings such as Chipotle Mexican Grill and Automatic Data Processing were the biggest contributors to the fund’s better performance.