Bill Ackman Portfolio: Pershing Square 13F Holdings
Managed by Bill Ackman
Positions as of Q2 2026 (quarter ended Jun 30, 2026), filed with the SEC on Aug 14, 2026.
Activist hedge fund run by Bill Ackman. Highly concentrated portfolio of large-cap North American businesses. Known for public activist campaigns.
13F holdings as of Jun 30, 2026
Source: Pershing Square Form 13F-HR for Q2 2026, filed Aug 14, 2026, on SEC EDGAR. See our Methodology.
What did Pershing Square buy and sell in Q2 2026?
Compared with its Q1 2026 filing, Pershing Square reported 5 new positions, added to 5, reduced 3 and sold out of 2. Changes are measured in shares, so a position can rise in value without being added to.
New positions
Top 5Added to
Top 5Reduced
Top 3Top 10 holdings and concentration
Q2 2026The ten largest positions make up 93.6% of the $19.47B reported in long positions, led by UBER at 12.7%.
Sector allocation
Q2 2026Share of the $19.47B reported, by the sector of each stock. 1.5% is in ETFs, funds and securities without a sector on file.
| Sector | Weight | Positions |
|---|---|---|
| Financials | 29.4% | 4 |
| Technology | 24.6% | 2 |
| Consumer Discretionary | 20.1% | 2 |
| Communication Services | 14.0% | 2 |
| Real Estate | 10.2% | 1 |
| Industrials | 0.2% | 1 |
Pershing Square 13F holdings, Q2 2026
All 14 positions| # | Company | Shares | Value | Weight | vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | UBERUBER TECHNOLOGIES INC | 34.33M | $2.48B | 12.72% | +15% |
| 2 | BNBROOKFIELD CORP | 57.48M | $2.45B | 12.58% | -4% |
| 3 | MSFTMICROSOFT CORP | 6.21M | $2.32B | 11.89% | +10% |
| 4 | AMZNAMAZON COM INC | 8.56M | $2.04B | 10.49% | -25% |
| 5 | HHHHOWARD HUGHES HOLDINGS INC | 27.85M | $1.99B | 10.23% | +48% |
| 6 | QSRRESTAURANT BRANDS INTL INC | 25.82M | $1.87B | 9.62% | +14% |
| 7 | METAMETA PLATFORMS INC | 3.20M | $1.80B | 9.25% | +20% |
| 8 | VVISA INC | 3.27M | $1.12B | 5.76% | NEW |
| 9 | MAMASTERCARD INCORPORATED | 2.12M | $1.09B | 5.61% | NEW |
| 10 | SPGIS&P GLOBAL INC | 2.59M | $1.06B | 5.43% | NEW |
| 11 | NFLXNETFLIX INC. | 13.08M | $934.02M | 4.80% | NEW |
| 12 | PSUSPERSHING SQUARE USA LTD | 4.00M | $149.52M | 0.77% | NEW |
| 13 | SEGSEAPORT ENTMT GROUP INC | 5.02M | $133.63M | 0.69% | – |
| 14 | HTZHERTZ GLOBAL HLDGS INC | 14.99M | $33.96M | 0.17% | -2% |
Pershing Square portfolio by quarter
4 quarters on fileReported 13F value and position count for each quarter AlphaScala holds for Pershing Square. Value changes include price moves as well as buying and selling. Position changes are shown only where the quarter was compared with the filing before it.
| Quarter | Reported value | Change | Positions | New | Sold out |
|---|---|---|---|---|---|
| Q2 2026 | $19.47B | +41.9% | 14 | 5 | 2 |
| Q1 2026 | $13.71B | -11.7% | 11 | 1 | 1 |
| Q4 2025 | $15.53B | +6.0% | 11 | 1 | 1 |
| Q3 2025 | $14.64B | – | 11 | – | – |
Funds with overlapping holdings
Overlap is the sum of the smaller portfolio weight for each stock both funds hold, across Pershing Square's 25 largest positions.
Related data
Data from SEC Form 13F-HR filings, which are due 45 days after quarter end and list long positions in US-listed equities as of that date. Short positions, cash, bonds, non-US holdings and intra-quarter trading are not shown. Listed options are shown separately at notional value. Changes compare the Q2 2026 filing with Q1 2026. Research only – not investment advice.