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Bill Ackman portfolio

Q: What does Bill Ackman own?

As of the 13F for Mar 31, 2026, Pershing Square Capital Management's largest holdings were Brookfield Corp (17.6%), Amazon.com, Inc. (17.4%), Uber Technologies, Inc. (15.7%), Microsoft Corporation (15.3%), Restaurant Brands International Inc. (12.2%).

Q: What did Bill Ackman buy last quarter?

New positions: Microsoft Corporation. Biggest additions by share count: Amazon.com, Inc..

Q: What did Bill Ackman sell last quarter?

Sold out of: Hilton Worldwide Hldgs Inc. Biggest reductions by share count: Alphabet Inc., Alphabet Inc., Brookfield Corp, Restaurant Brands International Inc., Uber Technologies, Inc..

Q: When is Bill Ackman's next 13F filing?

Funds file a 13F within 45 days after each quarter ends. The next one, covering the quarter ending Sep 30, 2026, is due by Nov 14, 2026.

Q: What doesn't a 13F show?

A 13F lists US-listed stocks and options a fund held on the last day of the quarter. It leaves out cash, short positions, bonds, most non-US stocks, and any trading since the quarter ended.

Pershing Square Capital Management

Founder and CEO of Pershing Square Capital Management. An activist investor who runs a concentrated book of a few high-conviction positions, often pushing for change at the companies he holds.

Pershing Square Capital Management's 13F for the quarter ending Mar 31, 2026 (filed May 15, 2026) reports 11 positions worth $13.7B. The largest are Brookfield Corp (17.6%), Amazon.com, Inc. (17.4%), Uber Technologies, Inc. (15.7%). The top five make up 78% of the reported portfolio.

Since their last filing

Their stocks

+11.6%

since Mar 31, 2026

S&P 500

+19.0%

same period

Priced

positions, as of Oct 8, 2026

How the stocks in this filing have moved since its quarter ended, weighted by position size. This is not the fund's own return: a 13F leaves out cash, short positions and anything bought or sold since.

Biggest movers

MSFTMicrosoft Corporation+41.2%
AMZNAmazon.com, Inc.+22.0%
METAMeta Platforms, Inc.+26.0%
BNBROOKFIELD CORP−9.1%

What changed in Q1 2026

Compared with the previous 13F. Sorted by how much the share count changed, not by position size.

New 1

MSFT Microsoft Corporation

New position

0% to 15.3%

Added 1

AMZN Amazon.com, Inc.

+19.2% shares

14.3% to 17.4%

Trimmed 6

GOOGL Alphabet Inc.	−95.2% shares	1.4% to <0.1%
GOOG Alphabet Inc.	−94.9% shares	12.5% to 0.7%
BN Brookfield Corp	−2.8% shares	18.1% to 17.6%
QSR Restaurant Brands International Inc.	−1.0% shares	10.1% to 12.2% on price
UBER Uber Technologies, Inc.	−0.8% shares	15.9% to 15.7%
META Meta Platforms, Inc.	−0.5% shares	11.4% to 11.1%

Sold out 1

HLT Hilton Worldwide Hldgs Inc

Sold out

was 5.6% of portfolio

Holdings

#	Stock	Weight	Value	Shares vs last quarter
1	BN Brookfield Corp	17.6%	$2.4B	−2.8%
2	AMZN Amazon.com, Inc.	17.4%	$2.4B	+19.2%
3	UBER Uber Technologies, Inc.	15.7%	$2.2B	−0.8%
4	MSFT Microsoft Corporation	15.3%	$2.1B	New
5	QSR Restaurant Brands International Inc.	12.2%	$1.7B	−1.0%
6	META Meta Platforms, Inc.	11.1%	$1.5B	−0.5%
7	HHH Howard Hughes Holdings Inc	8.7%	$1.2B	No change
8	SEG Seaport Entmt Group Inc	0.8%	$107.9M	No change
9	GOOG Alphabet Inc.	0.7%	$89.4M	−94.9%
10	HTZ Hertz Global Hldgs Inc	0.5%	$70.3M	No change
11	GOOGL Alphabet Inc.	<0.1%	$9.3M	−95.2%

Questions

What does Bill Ackman own?