Back to Managers
Bill Ackman
ActivistPershing Square
$13.7B
AUM
11
Holdings
Q1 2026
As of
Sector Allocation
Technology
27.5%
Financials
26.3%
Consumer Discretionary
17.4%
Information Technology
15.3%
Services
12.7%
Real Estate
0.8%
Portfolio Holdings · Q1 2026
11 shown| # | Ticker | Company | Weight | Activity | Shares | Price | Value |
|---|---|---|---|---|---|---|---|
| 1 | BN | Brookfield Corp. | 17.62% | Reduce 2.8% | 59.70M | $40.47 | $2.4B |
| 2 | AMZN | Amazon.com Inc. | 17.39% | Add 19.2% | 11.45M | $208.27 | $2.4B |
| 3 | UBER | Uber Technologies Inc. | 15.71% | Reduce 0.8% | 29.96M | $71.93 | $2.2B |
| 4 | MSFT | Microsoft Corp. | 15.26% | NEWBuy | 5.65M | $370.17 | $2.1B |
| 5 | QSR | Restaurant Brands International | 12.20% | Reduce 1.0% | 22.65M | $73.90 | $1.7B |
| 6 | META | Meta Platforms Inc. | 11.10% | Reduce 0.5% | 2.66M | $572.13 | $1.5B |
| 7 | HHH | Howard Hughes Holdings Inc. | 8.70% | 18.85M | $63.26 | $1.2B | |
| 8 | SEG | Seaport Entertainment Group | 0.79% | 5.02M | $21.48 | $108M | |
| 9 | GOOG | Alphabet Inc. CL C | 0.65% | Reduce 94.9% | 312K | $286.86 | $89M |
| 10 | HTZ | Hertz Global Holdings Inc. | 0.51% | 15.24M | $4.61 | $70M | |
| 11 | GOOGL | Alphabet Inc. | 0.07% | Reduce 95.2% | 32K | $287.56 | $9M |
1
BNBrookfield Corp.Reduce 3%
17.62%
$2.4B
59.70M sh.
2
AMZNAmazon.com Inc.Add 19%
17.39%
$2.4B
11.45M sh.
3
UBERUber Technologies Inc.Reduce 1%
15.71%
$2.2B
29.96M sh.
4
MSFTMicrosoft Corp.Buy
15.26%
$2.1B
5.65M sh.
5
QSRRestaurant Brands InternationalReduce 1%
12.20%
$1.7B
22.65M sh.
6
METAMeta Platforms Inc.Reduce 0%
11.10%
$1.5B
2.66M sh.
7
HHHHoward Hughes Holdings Inc.
8.70%
$1.2B
18.85M sh.
8
SEGSeaport Entertainment Group
0.79%
$108M
5.02M sh.
9
GOOGAlphabet Inc. CL CReduce 95%
0.65%
$89M
312K sh.
10
HTZHertz Global Holdings Inc.
0.51%
$70M
15.24M sh.
11
GOOGLAlphabet Inc.Reduce 95%
0.07%
$9M
32K sh.
"The key to investing is to figure out what the market is missing, and then take a position."
— Pershing Square Annual Conference, 2019
About
Bill Ackman is the founder of Pershing Square Capital Management, known for high-conviction concentrated bets and shareholder activism. His public campaigns — against Herbalife, and for companies like Chipotle and Hilton — have shaped modern activist investing. He runs an unusually transparent operation, sharing detailed investment theses on Twitter and in annual letters.
Watch
