Pershing Square
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Bill Ackman's Pershing Square reported 11 stock positions worth $13.7 billion. Its top holding was Brookfield (BN) at 17.6% of the portfolio, followed by Amazon.com (AMZN, 17.4%) and Uber Technologies (UBER, 15.7%). Compared with Q4 2025, it opened 1 new position, sold out of 1, added to 1 and reduced 6. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale Alphabet Class C (GOOG, shares −95%).
- Most Recent 13F
- Q2 2026
- Notable People
- Bill Ackman
- Location
- NEW YORK, NY
- CIK
- 0002026053
- Portfolio Value
- $13.7B (Q1 2026)
- SEC Filing
- 0001172661-26-002336 ↗ filed May 15, 2026
Holdings Value
Holdings 11 stocks · $13.7B
| BN Brookfield Corp. | 17.62% | 59,697,208 | $2.4B | Reduce -2.8% |
| AMZN Amazon.com Inc. | 17.39% | 11,451,981 | $2.4B | Add +19.2% |
| UBER Uber Technologies Inc. | 15.71% | 29,958,771 | $2.2B | Reduce -0.8% |
| MSFT Microsoft Corp. | 15.26% | 5,654,078 | $2.1B | New |
| QSR Restaurant Brands Intern | 12.20% | 22,645,483 | $1.7B | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 11.10% | 2,660,861 | $1.5B | Reduce -0.5% |
| HHH Howard Hughes Holdings Inc. | 8.70% | 18,852,064 | $1.2B | No change |
| SEG Seaport Entertainment Group | 0.79% | 5,023,780 | $107.9M | No change |
| GOOG Alphabet Inc. Class C | 0.65% | 311,726 | $89.4M | Reduce -94.9% |
| HTZ Hertz Global Hldgs Inc. | 0.51% | 15,241,127 | $70.3M | No change |
| GOOGL Alphabet Inc. Class A | 0.07% | 32,376 | $9.3M | Reduce -95.2% |
Portfolio Sells Q4 2025 → Q1 2026
| GOOG Alphabet Inc. Class C | Reduce -94.9% | 0.65% | −11.81 |
| HLT Hilton Worldwide Holdings Inc. | Sold out | 0.00% | −5.60 |
| GOOGL Alphabet Inc. Class A | Reduce -95.2% | 0.07% | −1.30 |
| BN Brookfield Corp. | Reduce -2.8% | 17.62% | −0.53 |
| META Meta Platforms Inc. Class A | Reduce -0.5% | 11.10% | −0.27 |
| UBER Uber Technologies Inc. | Reduce -0.8% | 15.71% | −0.18 |
| QSR Restaurant Brands Intern | Reduce -1.0% | 12.20% | +2.15 |
Portfolio Buys Q4 2025 → Q1 2026
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 |