Bill Ackman

Pershing Square Capital Management, L.P.

Report date Dec 31, 2020 · 25 quarters available

Filed Feb 16, 2021, 47 days after the quarter ended · 13F-HR 0001172661-21-000814

Q2 2026 13F data is not published yet; the SEC filing deadline is August 14, 2026.

Quarter

Reported portfolio value$10.0B13.4% vs. previous quarter

Positions70 new

Top-five concentration80.6%of the reported portfolio

Largest positionLOWLOWE'S COS INC · 19.9% weight

Portfolio structure

Size by reported market value, hue by sector

Q4 2020

Sector allocation

Share of portfolio value · derived from SEC SIC codes, not licensed GICS data

Segments run in GICS sector order

Consumer Discretionary76.9%
Health Care14.5%
Unclassified8.6%

91.4% of the value that can carry an issuer sector is classified · rule set sic-sector-v2

Sector Allocation Over Time

All available quarters · Share of portfolio value

25 quarters

At least one quarter in this series is too sparsely classified for the shape of the bands to be read as a rotation, so the series is withheld. How sectors are derived

All positions

Sorted by portfolio weight, high to low


LOWLOWE'S COS INCCUSIP 548661107	Consumer Discretionary	$1.99B	19.9%	Reduced
CMGCHIPOTLE MEXICAN GRILL INCCUSIP 169656105	Consumer Discretionary	$1.61B	16.1%	Unchanged
QSRRESTAURANT BRANDS INTERNCUSIP 76131D103	Consumer Discretionary	$1.53B	15.3%	Reduced
HLTHILTON WORLDWIDE HOLDINGS INCUSIP 43300A203	Consumer Discretionary	$1.49B	14.8%	Reduced
AAGILENT TECHNOLOGIES INCCUSIP 00846U101	Health Care	$1.45B	14.5%	Reduced
SBUXSTARBUCKS CORPCUSIP 855244109	Consumer Discretionary	$1.08B	10.8%	Reduced
HHC*HOWARD HUGHES CORP/THECUSIP 44267D107	Unclassified	$0.86B	8.6%	Unchanged