Pershing Square
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Bill Ackman's Pershing Square reported 9 stock positions worth $10.4 billion. Its top holding was Hilton Worldwide (HLT) at 18.8% of the portfolio, followed by Chipotle Mexican Grill (CMG, 17.3%) and Restaurant Brands Intern (QSR, 15.6%). Compared with Q1 2024, it opened 2 new positions and reduced 6. The biggest buy was a new position in Brookfield (BN) and the biggest sale Chipotle Mexican Grill (CMG, shares −23%).
- Most Recent 13F
- Q2 2026
- Notable People
- Bill Ackman
- Location
- NEW YORK, NY
- CIK
- 0002026053
- Portfolio Value
- $10.4B (Q2 2024)
- SEC Filing
- 0001172661-24-003511 ↗ filed Aug 14, 2024
Holdings Value
Holdings 9 stocks · $10.4B
| HLT Hilton Worldwide Holdings Inc. | 18.76% | 8,952,290 | $2.0B | Reduce -2.5% |
| CMG Chipotle Mexican Grill Inc. | 17.34% | 28,815,165 | $1.8B | Reduce -22.5% |
| QSR Restaurant Brands Intern | 15.64% | 23,142,542 | $1.6B | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 13.30% | 7,547,582 | $1.4B | Reduce -19.5% |
| HHH Howard Hughes Holdings Inc. | 11.74% | 18,852,064 | $1.2B | No change |
| CP Canadian Pacific Kansas City | 11.32% | 14,965,641 | $1.2B | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 6.97% | 3,986,488 | $726.1M | Reduce -8.5% |
| BN Brookfield Corp. | 2.73% | 6,854,510 | $284.7M | New |
| NKE Nike Inc. Class B | 2.20% | 3,040,132 | $229.1M | New |
Portfolio Sells Q1 2024 → Q2 2024
| CMG Chipotle Mexican Grill Inc. | Reduce -22.5% | 17.34% | −2.76 |
| QSR Restaurant Brands Intern | Reduce -0.9% | 15.64% | −1.60 |
| CP Canadian Pacific Kansas City | Reduce -0.9% | 11.32% | −1.05 |
| GOOG Alphabet Inc. Class C | Reduce -19.5% | 13.30% | +0.03 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -2.5% | 18.76% | +0.56 |
| GOOGL Alphabet Inc. Class A | Reduce -8.5% | 6.97% | +0.87 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $19.5B | UBER, BN, MSFT, AMZN, HHH |
| Q1 2026 | 11 | $13.7B | BN, AMZN, UBER, MSFT, QSR |
| Q4 2025 | 11 | $15.5B | BN, UBER, AMZN, GOOG, META |
| Q3 2025 | 11 | $14.6B | UBER, BN, HHH, GOOG, QSR |
| Q2 2025 | 11 | $13.7B | UBER, BN, QSR, AMZN, HHH |
| Q1 2025 | 11 | $11.9B | UBER, BN, QSR, HHH, CMG |
| Q4 2024Amended | 11 | $12.7B | BN, QSR, CMG, HHH, GOOG |
| Q3 2024 | 10 | $12.9B | BN, HLT, CMG, QSR, HHH |
| Q2 2024 | 9 | $10.4B | HLT, CMG, QSR, GOOG, HHH |
| Q1 2024 | 7 | $10.8B | CMG, HLT, QSR, GOOG, HHH |