Bill Ackman (Pershing Square) portfolio and holdings
Bill AckmanActivist shareholders
An activist investor that concentrates on a few large companies and pushes management for changes.
This quarter's moves (Q2 2026)
In Q2 2026 (Apr–Jun), Pershing Square opened 5 new positions (Visa Inc., Mastercard Incorporated, S&P Global Inc., and others) and sold out of 1 (Alphabet Inc.).
By value, the biggest additions were Howard Hughes Holdings Inc., Uber Technologies, Inc., Meta Platforms, Inc., and others, and the biggest reductions were Amazon.com, Inc., Brookfield Corporation, Hertz Global Holdings, Inc..
The largest holding is Uber Technologies, Inc. at 12.7% of the portfolio; the top five make up 57.9%.
Profile
After a Harvard MBA, Ackman founded Pershing Square in 2004. He is known for becoming a major shareholder in a few large companies and pushing for changes.
Track record
- Reportedly turned about $27 million into about $2.6 billion with hedges placed just before the 2020 COVID crash
- Made large gains on investments such as Hilton and Chipotle
- Suffered heavy losses on drugmaker Valeant
Based on public statements by the investor or firm and news reports.
By sector
Holdings
Values use quarter-end prices. Changes compare with the previous quarter (end of Mar 2026).
| # | Stock | Value | Weight | Shares | Change | Change % | % of shares out |
|---|---|---|---|---|---|---|---|
| 1 | UBERUber Technologies, Inc. | $2.5B | 12.72% | 34,326,200 | Added+4,367,429 | +14.6% | 1.68% |
| 2 | BNBrookfield Corporation | $2.4B | 12.58% | 57,481,047 | Reduced−2,216,161 | −3.7% | 2.57% |
| 3 | MSFTMicrosoft Corporation | $2.3B | 11.89% | 6,206,730 | Added+552,652 | +9.8% | 0.08% |
| 4 | AMZNAmazon.com, Inc. | $2B | 10.49% | 8,563,857 | Reduced−2,888,124 | −25.2% | 0.08% |
| 5 | HHHHoward Hughes Holdings Inc. | $2B | 10.23% | 27,852,064 | Added+9,000,000 | +47.7% | 46.64% |
| 6 | QSRRestaurant Brands International Inc. | $1.9B | 9.62% | 25,821,284 | Added+3,175,801 | +14.0% | 7.40% |
| 7 | METAMeta Platforms, Inc. | $1.8B | 9.25% | 3,196,062 | Added+535,201 | +20.1% | 0.13% |
| 8 | VVisa Inc. | $1.1B | 5.76% | 3,270,470 | New | 0.17% | |
| 9 | MAMastercard Incorporated | $1.1B | 5.61% | 2,124,646 | New | 0.24% | |
| 10 | SPGIS&P Global Inc. | $1.1B | 5.43% | 2,593,155 | New | 0.89% | |
| 11 | NFLXNetflix, Inc. | $934M | 4.80% | 13,081,465 | New | 0.31% | |
| 12 | PSUSPershing Square USA, Ltd. | $150M | 0.77% | 4,000,000 | New | 10.00% | |
| 13 | SEGSeaport Entertainment Group Inc. | $134M | 0.69% | 5,023,780 | — | — | 39.22% |
| 14 | HTZHertz Global Holdings, Inc. | $34M | 0.17% | 14,991,599 | Reduced−249,528 | −1.6% | 4.75% |
Sold out
Held at the end of Mar 2026 but not at the end of Jun 2026. Value and shares are as of the previous quarter.
13F portfolio value over time
Total value of the holdings reported on Form 13F at each quarter end.
FAQ
What is Bill Ackman's largest holding?
In the 13F as of the end of Jun 2026, the largest holding is Uber Technologies, Inc., worth $2.5B or 12.7% of the portfolio.
What did Bill Ackman buy recently?
New positions in Q2 2026 (Apr–Jun): Visa Inc., Mastercard Incorporated, S&P Global Inc., Netflix, Inc., Pershing Square USA, Ltd..
What did Bill Ackman sell?
Positions sold out in Q2 2026 (Apr–Jun): Alphabet Inc..
How many stocks are held, and how large is the portfolio?
As of the end of Jun 2026, 14 holdings worth $19.5B in total (U.S.-listed securities reported on Form 13F).
When will the next holdings be disclosed?
Form 13F is due within 45 days of each quarter end. The next one is due around Nov 14, 2026, and this page updates automatically once it is filed.
Source: Form 13F filed with the U.S. Securities and Exchange Commission. This is not a recommendation to buy or sell any security.