13F Portfolio
Bill Ackman 13F Holdings
Pershing Square Capital Management
Pershing Square is an activist and concentrated equity manager founded by Bill Ackman.
Legendary investorsCIK 0001336528
Reported value
$15.5B
as of 2025-12-31
Previous value
$14.6B
as of 2025-09-30
Top holding
BN
18.15% of reported value
Top 10 weight
99.50%
Based on 2025-12-31
Holdings
Top reported positions
| Ticker | Issuer | Weight | Value | Shares | Change |
|---|---|---|---|---|---|
| BN | BN | 18.15% | $2.82B | 61,403,089 | +49.7% |
| UBER | UBER | 15.90% | $2.47B | 30,207,734 | -0.2% |
| AMZN | AMZN | 14.28% | $2.22B | 9,607,824 | +65.0% |
| GOOG | GOOG | 12.46% | $1.93B | 6,163,871 | -2.5% |
| META | META | 11.37% | $1.76B | 2,673,569 | New |
| QSR | QSR | 10.05% | $1.56B | 22,866,773 | -0.2% |
| HHH | HHH | 9.69% | $1.5B | 18,852,064 | No change |
| HLT | HLT | 5.60% | $870M | 3,028,664 | -0.1% |
| GOOGL | GOOGL | 1.37% | $212M | 678,297 | -86.0% |
| SEG | SEG | 0.64% | $99.3M | 5,023,780 | No change |
Movement
Major changes
META
META
New
11.37%
CMG
CMG
Sold out
0.00%
AMZN
AMZN
+65.0%
14.28%
UBER
UBER
-0.2%
15.90%
BN
BN
+49.7%
18.15%
Breakdown
Sector exposure
Real Estate43.73%
Consumer Discretionary31.08%
Technology25.19%
Breakdown
Industry exposure
Computer Software25.19%
Building operators18.15%
Real Estate15.90%
Catalog/Specialty Distribution14.28%
Restaurants10.05%
Real Estate Investment Trusts9.69%
Hotels/Resorts5.60%
Services0.64%
What this page shows
The holdings table reflects securities reported in the manager's Form 13F information table for 2025-12-31.
Values are reported public disclosure values and may differ from current market values or internal portfolio weights.
13F filings are delayed and do not include every asset class, short position, or private investment.