Bill Ackman

Pershing Square Inc.

as of Jun 30, 2025 · filed Aug 14, 2025 · 45-day reporting lag · historical report

Source filings

13F-HR 0001172661-25-003509

QuarterCompare any two quarters

Portfolio value$13.7B 15.1% vs. previous quarter

Positions101 new · 1 sold

Top 574.6%largest UBER at 20.6%

Largest moveAMZNNew · 9.3% weight

Concentration

How much of the portfolio the biggest positions add up to. Hover the curve, or focus it and use the arrow keys, to inspect each rank.

Longest held

One block per imported quarter, oldest at the left. A full row means held in all of them, not that the position began there.

11%held throughout

QSR26

HLT24

CMG23

GOOG13

GOOGL13

Top 3 moves

AMZN+9.3%

HHH−2.4%

UBER+2.1%

1 new position and 1 sold; the largest portfolio-weight shift was AMZN entering at 9.3%.

Holdings

Reported price is value divided by shares, the manager’s quarter-end mark rather than a traded price.

Sorted by portfolio weight, high to low

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Reported holdings for Q2 2025

UBERUBER TECHNOLOGIES INCConsumer Discretionary	20.6%+2.1%	Unchanged	30,301,161	$93.30	$2.83B
BNBROOKFIELD CORPReal Estate	18.5%+0.5%	Increased0.4%	41,160,397	$61.85	$2.55B
GOOGALPHABET INCCommunication ServicesGOOG · GOOGLSupply chain (as of Q2 2026)	15.1%+1.0%	Increased	GOOG6,324,031GOOGL5,362,980	GOOG$177.39GOOGL$176.23	$2.07B
QSRRESTAURANT BRANDS INTERNConsumer Discretionary	11.1%-1.7%	Unchanged	23,000,914	$66.29	$1.52B
AMZNNEWAMAZON.COM INCConsumer DiscretionarySupply chain (as of Q2 2026)	9.3%+9.3%	New	5,823,316	$219.39	$1.28B
HHHHOWARD HUGHES HOLDINGS INCReal Estate	9.3%-2.4%	Unchanged	18,852,064	$67.50	$1.27B
CMGCHIPOTLE MEXICAN GRILL INCConsumer Discretionary	8.8%-0.3%	Unchanged	21,541,177	$56.15	$1.21B
HLTHILTON WORLDWIDE HOLDINGS INConsumer Discretionary	5.9%+0.2%	Increased1.0%	3,030,578	$266.34	$807.2M
HTZHERTZ GLOBAL HLDGS INCConsumer Discretionary	0.8%+0.3%	Increased1.6%	15,241,127	$6.83	$104.1M
SEGSEAPORT ENTERTAINMENT GROUPConsumer Discretionary	0.7%-0.2%	Unchanged	5,023,780	$18.65	$93.7M