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Pershing Square Capital

Long Only

Bill Ackman · Filed 2026-05-15 · CIK 0001336528 · Q1 2026

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Form ADV discretionary AUM, 2026-06-01i
$19.77B
13F Equity Value
$13.71B
As of Q1 2026
13F / AUM
69.4%
Positions
11
13F long book at a glance — % of AUM
BN · 12%
AMZN · 12%
UBER · 11%
MSFT · 11%
QSR
META
HHH
NON-13F · 31%
#
Value
# SharesSourceWeight
1
BROOKFIELD CORPHIST
BN
$2.42B
12.2%59,697,208(1,705,881)(2.8%)—13F
2
AMAZON COM INCHIST
AMZN
$2.39B
12.1%11,451,981+1,844,157+19.2%0.11%13F
3
UBER TECHNOLOGIES INCHIST
UBER
$2.15B
10.9%29,958,771(248,963)(0.8%)1.47%13F
4
MICROSOFT CORPHIST
MSFT
$2.09B
10.6%5,654,078+5,654,078NEW0.08%13F
5
RESTAURANT BRANDS INTL INCHIST
QSR
$1.67B
8.5%22,645,483(221,290)(1.0%)7.80%13F+13D
6
META PLATFORMS INCHIST
META
$1.52B
7.7%2,660,861(12,708)(0.5%)0.10%13F
7
HOWARD HUGHES HOLDINGS INCHIST
HHH
$1.19B
6.0%18,852,064——46.70%13F+13D
8
SEAPORT ENTMT GROUP INCHIST
SEG
$0.11B
0.5%5,023,780——9.38%13F
9
ALPHABET INCHIST
GOOG
$0.09B
0.5%311,726(5,852,145)(94.9%)0.00%13F
10
HERTZ GLOBAL HLDGS INCHIST
HTZ
$0.07B
0.4%15,241,127——4.83%13F
11
ALPHABET INCHIST
GOOGL
$0.01B
0.0%32,376(645,921)(95.2%)0.00%13F
Positions are primarily from the latest 13F-HR. Rows marked Off-13F are >5% stakes disclosed in Schedule 13D/13G filings — they capture holdings (incl. recent or non-13F-eligible names) the quarterly 13F may omit; these report shares and percent of class but not dollar value, so value is shown only for 13F positions. Chg Shares is the absolute change vs the same position in the prior quarter's 13F. % Out is position shares ÷ issuer shares outstanding (from the issuer's latest XBRL cover-page figure; weighted-average basic shares as a fallback), or the percent of class reported on a 13D/13G. Where a figure can't be sourced from a filing it shows “—” — never an estimate.