Bill Ackman's portfolio (Pershing Square)
Bill Ackman founded Pershing Square Capital Management in 2004. It runs a concentrated portfolio of large North American companies and is known for activist campaigns. Starting with the June 2026 quarter, its holdings are reported in the 13F of its parent company, Pershing Square Inc.
Bill Ackman's holdings — Q2 2026
sorted by share of reported value · click a column to sort| Stock | % of portfolio | Value | Shares | Change in shares | Q2 2026 |
|---|---|---|---|---|---|
| 12.72% | $2.48B | 34.33M | +4.37M (+14.6%) | Added | |
BNBROOKFIELD Corp
|
12.58% | $2.45B | 57.48M | -2.22M (-3.7%) | Reduced |
| 11.89% | $2.32B | 6.21M | +552.65K (+9.8%) | Added | |
| 10.49% | $2.04B | 8.56M | -2.89M (-25.2%) | Reduced | |
HHHHoward Hughes Holdings Inc.
|
10.23% | $1.99B | 27.85M | 0 | No change |
QSRRestaurant Brands International Inc.
|
9.62% | $1.87B | 25.82M | +3.18M (+14.0%) | Added |
| 9.25% | $1.80B | 3.20M | +535.20K (+20.1%) | Added | |
| 5.76% | $1.12B | 3.27M | +3.27M | New | |
| 5.61% | $1.09B | 2.12M | +2.12M | New | |
| 5.43% | $1.06B | 2.59M | +2.59M | New | |
| 4.80% | $934.02M | 13.08M | +13.08M | New | |
PSUSPershing Square USA, Ltd.
|
0.77% | $149.52M | 4.00M | +4.00M | New |
SEGSeaport Entertainment Group Inc.
|
0.69% | $133.63M | 5.02M | 0 | No change |
HTZHERTZ GLOBAL HOLDINGS, INC
|
0.17% | $33.96M | 14.99M | -249.53K (-1.6%) | Reduced |
What Bill Ackman bought and sold in Q2 2026
by number of shares, vs. the 13F for Q1 2026New positions (5)
| Stock | Shares | Value | % of portfolio |
|---|---|---|---|
| 3.27M | $1.12B | 5.76% | |
| 2.12M | $1.09B | 5.61% | |
| 2.59M | $1.06B | 5.43% | |
| 13.08M | $934.02M | 4.80% | |
PSUSPershing Square USA, Ltd.
| 4.00M | $149.52M | 0.77% |
Sold out (2)
| Stock | Shares sold | Value in Q1 2026 | Was % of portfolio |
|---|---|---|---|
| −311.73K | $89.42M | 0.63% | |
| −32.38K | $9.31M | 0.07% |
Added to (4)
| Stock | Shares added | Change | % of portfolio |
|---|---|---|---|
| +4.37M | +14.6% | 12.72% | |
| +535.20K | +20.1% | 9.25% | |
QSRRestaurant Brands International Inc.
| +3.18M | +14.0% | 9.62% |
| +552.65K | +9.8% | 11.89% |
Reduced (3)
| Stock | Shares sold | Change | % of portfolio |
|---|---|---|---|
| -2.89M | -25.2% | 10.49% | |
BNBROOKFIELD Corp
| -2.22M | -3.7% | 12.58% |
HTZHERTZ GLOBAL HOLDINGS, INC
| -249.53K | -1.6% | 0.17% |
Changes compare share counts in the two filings, so they show net buying or selling over the quarter, not individual trades or prices paid.
Filings behind this page
EDGAR ↗- 13F-HR Q2 2026 · filed Aug 14, 2026 by PERSHING SQUARE INC.0001172661-26-003790 ↗
- 13F-HR Q1 2026 · filed May 15, 2026 by Pershing Square Capital Management, L.P.0001172661-26-002336 ↗
- 13F-HR Q1 2026 · filed May 15, 2026 by PERSHING SQUARE INC.0001172661-26-002339 ↗
Frequently asked questions
What is Bill Ackman's largest holding?
As of June 30, 2026, the largest position in Pershing Square's 13F is Uber (UBER), at 12.7% of the reported portfolio and worth $2.48B. The top 10 positions add up to 93.6% of the $19.47B reported.
What did Bill Ackman buy and sell in Q2 2026?
Compared with Q1 2026, the Q2 2026 13F shows 5 new positions (largest: Visa, Mastercard, S&P Global), 4 positions increased, 3 reduced and 2 sold out (largest: Alphabet Inc. (Class C), Alphabet Inc. (Class A)). Changes are measured in shares between the two quarter-end reports.
How current is this portfolio?
Pershing Square's latest 13F was filed on August 14, 2026 and shows holdings as of June 30, 2026. Managers have 45 days after each quarter ends to file, and the next report is due about 45 days after the following quarter end, so positions can be several months old by the time you read them.
Does the 13F show everything Bill Ackman owns?
No. Form 13F covers long positions in US-listed stocks, ETFs and listed options. Short positions, cash, bonds, private investments and most shares listed only outside the US are not reported, so the 13F is a partial view of the portfolio.
Source: SEC Form 13F filings (PERSHING SQUARE INC., CIK 2026053), as reported by the manager; tickers matched to issuer names by Flash Finance US. Not investment advice.