Pershing Square Capital Management BN trades
Bill Ackman
Bill Ackman Brookfield Corp stake
total: 47
Trades details
- Total transactions:
- 9
- New positions:
- 1
- Added:
- 5
- Reduced:
- 3
- Held since:
- 2024 Q2
- Held for:
- 9 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Bill Ackman holds 57,481,047 Brookfield Corp (BN) shares with a market value of roughly $2.45B accounting for 12.58% of the overall portfolio. To date, the estimated cost basis is nearly $49.55 for "buy" trades and estimated average "sell" price is $42.6. Pershing Square Capital Management first purchased BN in 2024 Q2, initially acquiring about 6.85M shares. Since the initial investment in Brookfield Corp (BN), Pershing Square Capital Management has made 8 more transactions.
When did Bill Ackman buy Brookfield Corp (BN)?
Bill Ackman first invested in Brookfield Corp (BN) in 2024 Q2 at the reported quarter-end price of $41.54 per share.
What's the cost basis of Pershing Square Capital Management's BN stake?
The estimated cost basis for Brookfield Corp (BN) stake is around $49.55 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $49.55
- Weighted AVG sell price:
- $42.60
Bill Ackman's historical trades in Brookfield Corp
9 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
12.58%
|
57,481,047
|
$42.59
|
$2,448,117,792
|
-3.71% (-2,216,161)
|
-0.66%
|
|
2026 Q1
|
16.91%
|
59,697,208
|
$40.47
|
$2,415,946,008
|
-2.78% (-1,705,881)
|
-0.42%
|
|
2025 Q4
|
17.35%
|
61,403,089
|
$45.89
|
$2,817,787,754
|
+49.69% (+20,382,858)
|
+5.76%
|
|
2025 Q3
|
18.29%
|
41,020,231
|
$68.58
|
$2,813,167,442
|
-0.34% (-140,166)
|
-0.07%
|
|
2025 Q2
|
17.76%
|
41,160,397
|
$61.85
|
$2,545,770,554
|
+0.38% (+155,740)
|
+0.07%
|
|
2025 Q1
|
18.01%
|
41,004,657
|
$52.41
|
$2,149,054,073
|
+17.52% (+6,111,593)
|
+2.68%
|
|
2024 Q4
|
15.83%
|
34,893,064
|
$57.45
|
$2,004,606,527
|
+6.59% (+2,157,181)
|
+0.98%
|
|
2024 Q3
|
13.47%
|
32,735,883
|
$53.15
|
$1,739,912,181
|
+377.58% (+25,881,373)
|
+10.65%
|
|
2024 Q2
|
2.73%
|
6,854,510
|
$41.54
|
$284,736,345
|
new
|
+2.73%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.