Pershing Square 13F holdings (Bill Ackman)
Pershing Square (Bill Ackman) reported its Q2 2026 13F on Aug 14, 2026. The filing shows a $19.5B US stock portfolio in 14 positions, 58% of it in the top five: UBER Technologies (13%), Brookfield (13%), Microsoft (12%), Amazon.com (10%) and Howard Hughes Holdings (10%). In Q2 2026 it opened 5 new positions, added to 5, trimmed 1 and sold out of 2. At today's prices that book is up 7.8% since the quarter closed. 13F filings arrive up to 45 days after the quarter ends and cover long US-listed positions only, so they show where the money was, not where it is now; this is educational analysis, not investment advice.
- Holdings reported by PERSHING SQUARE INC., the parent company
Q2 2026 13F, filed Aug 14, 2026. Prices as of Oct 23, 2026. Refreshed weekly from SEC EDGAR.
How big is Pershing Square's stock portfolio?
From the Q2 2026 13F, filed Aug 14, 2026. Prices are today's, so "since quarter-end" is how the book as filed has done since.
What does Pershing Square own?
The positions in its Q2 2026 13F, largest first. "This site's filters" is how many of this site's 8 value filters the stock passes; a stock this site tracks links to its own analysis.
| Stock | Weight | Size | Shares vs. last quarter | Quarters held | Since quarter-end | This site's filters |
|---|---|---|---|---|---|---|
| UBERUBER Technologies Inc | 12.7% | $2.5B34.3M shares | +15% | 6 | -4.3% | 5/8 |
| BNBrookfield Corp | 12.6% | $2.4B57.5M shares | -4% | 8+ | -10.1% | n/a |
| MSFTMicrosoft Corp | 11.9% | $2.3B6.2M shares | +10% | 2 | +39.7% | 2/8 |
| AMZNAmazon.com Inc | 10.5% | $2.0B8.6M shares | -25% | 5 | +5.1% | 8/8 |
| HHHHoward Hughes Holdings Inc | 10.2% | $2.0B27.9M shares | +48% | 8+ | -2.8% | n/a |
| QSRRestaurant Brands Intern | 9.6% | $1.9B25.8M shares | +14% | 8+ | +5.4% | n/a |
| METAMETA Platforms Inc-Class A | 9.3% | $1.8B3.2M shares | +20% | 3 | +15.2% | 3/8 |
| VVisa Inc-Class A Shares | 5.8% | $1.1B3.3M shares | New | 1 | +20.8% | 2/8 |
| MAMastercard Inc - A | 5.6% | $1.1B2.1M shares | New | 1 | +23.3% | 2/8 |
| SPGIS&P Global Inc | 5.4% | $1.1B2.6M shares | New | 1 | +11.3% | 3/8 |
| NFLXNetflix Inc | 4.8% | $934M13.1M shares | New | 1 | -6.1% | 5/8 |
| PSUSPershing Square USA Ltd | 0.8% | $150M4.0M shares | New | 1 | -1.0% | n/a |
| SEGSeaport Entertainment Group | 0.7% | $134M5.0M shares | 0% | 8+ | -15.5% | n/a |
| HTZHertz Global Hldgs Inc | 0.2% | $34.0M15.0M shares | -2% | 6 | -4.0% | n/a |
What did Bill Ackman buy and sell in Q2 2026?
Compared with Q1 2026. A position counts as added or trimmed when its share count moved by 5% or more.
Bought (new)
Added to
Trimmed
Sold out
How has Pershing Square's portfolio changed over time?
The reported stock book each quarter. It includes market moves as well as buying and selling.
| Quarter | Stock book | Positions | Change |
|---|---|---|---|
| Q3 2024 | $12.9B | 11 | n/a |
| Q4 2024 | $12.6B | 10 | -2.3% |
| Q1 2025 | $11.9B | 11 | -5.4% |
| Q2 2025 | $13.7B | 11 | +15.1% |
| Q3 2025 | $14.6B | 11 | +6.7% |
| Q4 2025 | $15.5B | 11 | +6.0% |
| Q1 2026 | $13.7B | 11 | -11.7% |
| Q2 2026 | $19.5B | 14 | +41.9% |
Frequently asked questions about Pershing Square
What does Pershing Square own?
Pershing Square's Q2 2026 13F lists 14 positions worth $19.5B. The largest are UBER Technologies (13%), Brookfield (13%), Microsoft (12%), Amazon.com (10%) and Howard Hughes Holdings (10%), together 58% of the book. The full table is above; each stock this site tracks links to its own analysis.
What did Bill Ackman buy and sell in Q2 2026?
Compared with Q1 2026, Pershing Square opened 5 new positions (V, MA and SPGI and more), added to 5, trimmed 1 and sold out of 2 (GOOG and GOOGL). A position counts as added or trimmed when its share count moved by 5% or more.
How concentrated is Pershing Square's portfolio?
The top position is 13% of the book, the top five 58% and the top ten 94%, across 14 positions. Estimated turnover last quarter was 36% of the book.
When does Pershing Square file its next 13F?
Managers file within 45 days after each quarter ends. For the quarter ending Sep 30, 2026, the deadline is about Nov 16, 2026 (a weekend deadline moves to the next business day). This page updates when the filing is on EDGAR.
Can you see Bill Ackman's cost basis or profit?
No. A 13F lists positions at quarter-end, not what was paid or when, and it excludes shorts and non-US holdings. This page shows each stock's price change since the quarter closed (the whole book as filed is +7.8%, with 100% of it priced) and since the position first appeared, which is a rough read and not their profit.
Where does this data come from?
- Holdings: Pershing Square's Form 13F-HR filings, listed on SEC EDGAR; the latest, filed Aug 14, 2026, is here. The Q2 2026 book was filed Aug 14, 2026, by the parent company PERSHING SQUARE INC..
- Prices and tickers: today's prices are from Finnhub, matched to each filing's securities with OpenFIGI; "since quarter-end" compares today's price with the price implied by the filing (value divided by shares).
- Limits: a 13F covers long US-listed positions only, up to 45 days after the quarter ends: no shorts, no cost basis, no trades inside the quarter. Read the Editorial Standards for how this site treats filings, and Form 13F in the glossary.
About this page
This page lists everything in Pershing Square's latest Form 13F (Bill Ackman): every position, what changed last quarter and how the stocks have moved since. Every figure comes from SEC filings and is refreshed weekly; read the Editorial Standards for the rules, or open Superinvestors to compare all 25 investors. Educational content only, not investment advice.