Superinvestors / Pershing Square Capital Management

Bill Ackman

Pershing Square Capital Management

Concentrated activist; high-quality businesses

$13.71B Portfolio value
11 positions · as of 2026-03-31 · filed 2026-05-15

This quarter

1 new1 exited1 added6 trimmed

Positions held steady are not reported as moves, so they are absent from these counts.

New: MSFT

Exited: HLT

Added to: AMZN

Trimmed: GOOG, GOOGL, BN, UBER, QSR, META

Portfolio

By weight · every resolvable issuer links to its company page · tags are this quarter's reported move

TickerIssuer% of portfolioReported priceValueShares
BNBROOKFIELD CORP· CL A LTD VT SHDECREASED -2.8%17.62%$40.47$2.42B59.7M
AMZNAMAZON COM INC COMINCREASED +19.2%17.39%$208.27$2.39B11.5M
UBERUBER TECHNOLOGIES INCDECREASED -0.8%15.71%$71.93$2.15B30.0M
MSFTMICROSOFT CORP COMNEW15.26%$370.17$2.09B5.7M
QSRRESTAURANT BRANDS INTL INCDECREASED -1.0%12.20%$73.90$1.67B22.6M
METAMETA PLATFORMS INC CL ADECREASED -0.5%11.10%$572.13$1.52B2.7M
HHHHOWARD HUGHES HOLDINGS INCUNCHANGED8.70%$63.26$1.19B18.9M
SEGSEAPORT ENTMT GROUP INCUNCHANGED0.79%$21.48$107.91M5.0M
GOOGALPHABET INC CAP STK CL CDECREASED -94.9%0.65%$286.86$89.42M311.7K
HTZHERTZ GLOBAL HLDGS INC· COM NEWUNCHANGED0.51%$4.61$70.26M15.2M
Showing 10 of 11

Reported price is this manager's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what they paid. 13F reports no cost basis.

The top 10 positions are 99.9% of the reported portfolio, across 11 positions.

Values are as disclosed on this manager’s own 13F for its own quarter. 13F covers US-listed long equity only, so this is not the manager’s entire portfolio.

See more of Bill Ackman's portfolio

More of Bill Ackman's reported positions with their weights, and what they bought, sold and trimmed last quarter rather than the largest few — free with an account, no card required.

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