Bill Ackman13F · Q1 2026

Pershing Square Capital Portfolio and 13F Holdings

As of Mar 31, 2026, filed May 15, 2026. The top 10 positions make up 99.9% of the reported portfolio.

$13.7BReported value

11Holdings

1New positions

1Positions closed

Holdings

#	Stock	Class	Shares	Value	% of total	vs. Q4 2025
1	BN BROOKFIELD CORP	CL A LTD VT SH	59,697,208	$2.42B	17.62%	▼ −2.8%
2	AMZN AMAZON COM INC	COM	11,451,981	$2.39B	17.39%	▲ +19.2%
3	UBER UBER TECHNOLOGIES INC	COM	29,958,771	$2.15B	15.71%	▼ −0.8%
4	MSFT MICROSOFT CORP	COM	5,654,078	$2.09B	15.26%	▲ New
5	QSR RESTAURANT BRANDS INTL INC	COM	22,645,483	$1.67B	12.20%	▼ −1.0%
6	META META PLATFORMS INC	CL A	2,660,861	$1.52B	11.10%	▼ −0.5%
7	HHH HOWARD HUGHES HOLDINGS INC	COM	18,852,064	$1.19B	8.70%	No change
8	SEG SEAPORT ENTMT GROUP INC	COMMON STOCK	5,023,780	$107.9M	0.79%	No change
9	GOOG ALPHABET INC	CAP STK CL C	311,726	$89.4M	0.65%	▼ −94.9%
10	HTZ HERTZ GLOBAL HLDGS INC	COM NEW	15,241,127	$70.3M	0.51%	No change
11	GOOGL ALPHABET INC	CAP STK CL A	32,376	$9.31M	0.07%	▼ −95.2%

Closed since Q4 2025

Stock	Shares last quarter	Value last quarter
HLT HILTON WORLDWIDE HLDGS INC	3,028,664	$870.0M

Source: SEC Form 13F-HR, accession 0001172661-26-002336, retrieved Oct 28, 2026. How we read filings

View this filing on SEC.gov ↗

A 13F shows long U.S. stock positions at quarter end only. It leaves out shorts, cash, bonds, most non-U.S. holdings and anything bought or sold since. Positions in listed options are not included in this table. What a 13F can't tell you →