Bill Ackman
Pershing Square Capital Management
Pershing Square Capital Management Portfolio 13F
Bill Ackman Holdings Activity
- Portfolio value:
- $15.53B≈ (+$883M≈)
- Previous value:
- $14.64B≈
- # of changes:
- 9
- New positions:
- 1
- Reported for:
- 31 Dec 2025 (Q4)
- Latest filing date:
- 17 Feb 2026
Pershing Square Capital Management has disclosed a total of 9 changes to the portfolio in the (2025 Q4) SEC report(s): increased the number of shares of 2, bought 1 totally new, decreased the number of shares of 5 and completely sold out 1 position(s).
In the 2025 Q4 report(s) the following changes have been made to the top investments: (BN) Brookfield Corp (added shares +49.69%), (UBER) Uber Technologies Inc (reduced shares -0.21%), (AMZN) Amazon.com Inc (added shares +64.99%), (GOOG) Alphabet Inc, CL-C (reduced shares -2.53%) and (META) Meta Platforms Inc (new buy).
Warning: SEC insider reports detected for Pershing Square Capital Management (real-time trades and ownership disclosures)
6 transactions as of 1 month ago and 10 ownership disclosures as of 1 month ago
9 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Meta Platforms Inc
|
new
|
+2,673,569
|
2,673,569
|
+11.37%
|
$660.09
|
-2.37%($644.43)
|
11.37%
|
2025 Q4
|
≈ 0.25 years
|
|
|
|
Amazon.com Inc
|
+64.99%
|
+3,784,508
|
9,607,824
|
+5.63%
|
$230.82
|
+7.49%($248.10)
|
14.28%
|
2025 Q2
|
≈ 0.75 years
|
|
|
|
Brookfield Corp
|
+49.69%
|
+20,382,858
|
61,403,089
|
+6.02%
|
$45.89
|
-4.23%($43.95)
|
18.15%
|
2024 Q2
|
≈ 1.75 years
|
|
|
|
Hilton Worldwide Holdings Inc
|
-0.06%
|
-1,914
|
3,028,664
|
-0%
|
$287.25
|
+12.03%($321.81)
|
5.60%
|
2018 Q4
|
≈ 7.25 years
|
|
|
|
Uber Technologies Inc
|
-0.21%
|
-62,784
|
30,207,734
|
-0.04%
|
$81.71
|
-11.76%($72.10)
|
15.90%
|
2025 Q1
|
≈ 1.00 year
|
|
|
|
Restaurant Brands International Inc
|
-0.21%
|
-48,723
|
22,866,773
|
-0.02%
|
$68.23
|
+12.28%($76.61)
|
10.05%
|
2014 Q4
|
≈ 11.25 years
|
|
|
|
Alphabet Inc, CL-C
|
-2.53%
|
-160,160
|
6,163,871
|
-0.34%
|
$313.80
|
+10.10%($345.50)
|
12.46%
|
2023 Q1
|
≈ 3.00 years
|
|
|
|
Alphabet Inc, CL-A
|
-86.00%
|
-4,165,676
|
678,297
|
-8.9%
|
$313.00
|
+10.57%($346.09)
|
1.37%
|
2023 Q1
|
≈ 3.00 years
|
|
|
|
Chipotle Mexican Grill Inc
|
-100%
|
-21,541,177
|
0
|
-5.77%
|
$39.19
|
-11.50%($34.68)
|
0.00%
|
2016 Q3
|
≈ 9.25 years
|
|
* 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.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted.