Pershing Square Capital Management (Bill Ackman) latest 13F portfolio: 11 holdings worth $13.7B as of Q1 2026.
Backtested since 2020: mirroring Pershing Square Capital Management's reported 13F equity holdings each quarter would have returned +179.5% versus +184.1%for the S&P 500 (+18.0% annualized). See the Performance tab for the full equity curve.
Investor: Bill Ackman
Number of Assets: 11
Reporting Period: Q1 - 2026
Holdings at Report: $13,714,299,861
Return $ Since Report: +$2,019,155,688
Return % Since Report: +14.72%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alphabet Inc. (GOOG) | Equity | -94.94% | 311,726 | 0.65% | $286.86 | $355.01 | $89,421,720 | $110,664,289 | +$21,242,569 | +23.76% |
| Hertz Global Holdings Inc. (HTZ) | Equity | 0% | 15,241,127 | 0.51% | $4.61 | $2.19 | $70,261,595 | $33,301,862 | -$36,959,733 | -52.60% |
| Alphabet Inc. (GOOGL) | Equity | -95.23% | 32,376 | 0.07% | $287.56 | $355.94 | $9,310,043 | $11,523,913 | +$2,213,870 | +23.78% |
| Amazon.com Inc. (AMZN) | Equity | +19.19% | 11,451,981 | 17.39% | $208.27 | $276.41 | $2,385,104,083 | $3,165,442,068 | +$780,337,985 | +32.72% |
| Howard Hughes Holdings Inc. (HHH) | Equity | 0% | 18,852,064 | 8.70% | $63.26 | $68.17 | $1,192,581,569 | $1,285,050,943 | +$92,469,374 | +7.75% |
| Meta Platforms Inc. (META) | Equity | -0.48% | 2,660,861 | 11.10% | $572.13 | $592.67 | $1,522,358,404 | $1,577,012,489 | +$54,654,085 | +3.59% |
| Brookfield Corp. (BN) | Equity | -2.78% | 59,697,208 | 17.62% | $40.47 | $44.43 | $2,415,946,008 | $2,652,346,951 | +$236,400,943 | +9.79% |
| Microsoft Corp. (MSFT) | Equity | +100% | 5,654,078 | 15.26% | $370.17 | $503.92 | $2,092,970,053 | $2,849,202,986 | +$756,232,933 | +36.13% |
| Uber Technologies Inc. (UBER) | Equity | -0.82% | 29,958,771 | 15.71% | $71.93 | $75.02 | $2,154,934,398 | $2,247,357,207 | +$92,422,809 | +4.29% |
| Seaport Entertainment Group Inc. (SEG) | Equity | 0% | 5,023,780 | 0.79% | $21.48 | $28.96 | $107,910,794 | $145,488,669 | +$37,577,875 | +34.82% |
| Restaurant Brands International Inc. (QSR) | Equity | -0.97% | 22,645,483 | 12.20% | $73.90 | $73.13 | $1,673,501,194 | $1,656,064,172 | -$17,437,022 | -1.04% |