Pershing Square Capital Management, L.P. · Q1 2026 13F · SEC CIK 1336528
Bill Ackman portfolio
Hedge fundPershing Square Capital Management 13F holdings. Filed 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $13.7B
- Reported positions
- 11
- Top holdings a year, 3 yrs
- +11.8%
- Assets under management
- $25.1B
Bill Ackman's newer 13F filings are under another entity: see the latest Bill Ackman portfolio →
Bill Ackman is the founder of Pershing Square Capital Management, which reported 11 positions worth $13.7B in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Brookfield Corp (BN, 17.6%), Amazon Com Inc (AMZN, 17.4%), Uber Technologies Inc (UBER, 15.7%). A portfolio copying its top holdings returned 11.8% a year over the last 3 years, against 20.4% for the S&P 500.
Bill Ackman holdings all 11 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| BNBrookfield Corp | 17.6% | -2.8% | $2.4B |
| AMZNAmazon Com Inc | 17.4% | +19.2% | $2.4B |
| UBERUber Technologies Inc | 15.7% | -0.8% | $2.2B |
| MSFTMicrosoft Corp | 15.3% | — | $2.1B |
| QSRRestaurant Brands Intl Inc | 12.2% | -1.0% | $1.7B |
| METAMeta Platforms Inc | 11.1% | -0.5% | $1.5B |
| HHHHoward Hughes Holdings Inc | 8.7% | +0.0% | $1.2B |
| SEGSeaport Entmt Group Inc | 0.8% | +0.0% | $107.9M |
| GOOGAlphabet Inc | 0.7% | -94.9% | $89.4M |
| HTZHertz Global Hldgs Inc | 0.5% | +0.0% | $70.3M |
| GOOGLAlphabet Inc | 0.1% | -95.2% | $9.3M |
What Bill Ackman bought and sold in Q1 2026, against Q4 2025.
New positions
- MSFT Microsoft Corp15.3% of 13F
Added to
- AMZN Amazon Com Inc+19.2% shares
Reduced
- GOOGL Alphabet Inc-95.2% shares
- GOOG Alphabet Inc-94.9% shares
Sold out
- HLT Hilton Worldwide Hldgs Incwas 5.6%
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +11.8% /yr
- S&P 500 +20.1%
- 3 years
- +11.8% /yr
- S&P 500 +20.4%
- 5 years
- +8.5% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $13.7B | 11 |
| Q4 2025 | $15.5B | 11 |
| Q3 2025 | $14.6B | 11 |
| Q2 2025 | $13.7B | 11 |
| Q1 2025 | $11.9B | 11 |
| Q4 2024 | $12.6B | 10 |
| Q3 2024 | $12.9B | 11 |
| Q2 2024 | $10.4B | 9 |
| Q1 2024 | $10.8B | 7 |
| Q4 2023 | $10.4B | 8 |
| Q3 2023 | $10.5B | 8 |
| Q2 2023 | $10.8B | 8 |
Questions about Bill Ackman's portfolio
Who is Bill Ackman?
Bill Ackman is the founder of Pershing Square Capital Management, a hedge fund that files its US stock holdings with the SEC on Form 13F under the name Pershing Square Capital Management, L.P..
What stocks does Bill Ackman own?
Pershing Square Capital Management, L.P.'s latest 13F, for Q1 2026 and filed May 15, 2026, lists 11 positions worth $13.7B. The largest are Brookfield Corp (BN) at 17.6%, Amazon Com Inc (AMZN) at 17.4%, Uber Technologies Inc (UBER) at 15.7%, Microsoft Corp (MSFT) at 15.3% and Restaurant Brands Intl Inc (QSR) at 12.2%.
What did Bill Ackman buy last quarter?
In Q1 2026, Pershing Square Capital Management, L.P. added a new position in Microsoft Corp (MSFT) and Amazon Com Inc (AMZN) (+19.2% shares), compared with its Q4 2025 filing.
What did Bill Ackman sell last quarter?
In Q1 2026, Pershing Square Capital Management, L.P. sold all of Hilton Worldwide Hldgs Inc (HLT), Alphabet Inc (GOOGL) (-95.2% shares) and Alphabet Inc (GOOG) (-94.9% shares), compared with its Q4 2025 filing.
How has Bill Ackman's portfolio performed?
A portfolio copying Pershing Square Capital Management, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +11.8% against +20.1%. Over 5 years: +8.5% a year against +11.6%.
When is Pershing Square Capital Management, L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Pershing Square Capital Management, L.P.'s filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.
How much money does Pershing Square Capital Management, L.P. manage?
Pershing Square Capital Management, L.P. reported $25.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $13.7B.