Bill Ackman

Pershing Square Inc.

as of Mar 31, 2026 · filed May 15, 2026 · 45-day reporting lag · historical report

Source filings

13F-HR 0001172661-26-002336

QuarterCompare any two quarters

Portfolio value$13.7B -11.7% vs. previous quarter

Positions101 new · 1 sold

Top 578.2%largest BN at 17.6%

Largest moveMSFTNew · 15.3% 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.

12%held throughout

QSR26

GOOG13

GOOGL13

HHH12

BN9

Top 3 moves

MSFT+15.3%

GOOG−13.1%

AMZN+3.1%

1 new position and 1 sold; the largest portfolio-weight shift was MSFT entering at 15.3%.

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 Q1 2026

BNBROOKFIELD CORPReal Estate	17.6%-0.5%	Reduced2.8%	59,697,208	$40.47	$2.42B
AMZNAMAZON.COM INCConsumer DiscretionarySupply chain (as of Q2 2026)	17.4%+3.1%	Increased19.2%	11,451,981	$208.27	$2.39B
UBERUBER TECHNOLOGIES INCConsumer Discretionary	15.7%-0.2%	Reduced0.8%	29,958,771	$71.93	$2.15B
MSFTNEWMICROSOFT CORPInformation Technology	15.3%+15.3%	New	5,654,078	$370.17	$2.09B
QSRRESTAURANT BRANDS INTERNConsumer Discretionary	12.2%+2.2%	Reduced1.0%	22,645,483	$73.90	$1.67B
METAMETA PLATFORMS INC-CLASS ACommunication Services	11.1%-0.3%	Reduced0.5%	2,660,861	$572.13	$1.52B
HHHHOWARD HUGHES HOLDINGS INCReal Estate	8.7%-1.0%	Unchanged	18,852,064	$63.26	$1.19B
SEGSEAPORT ENTERTAINMENT GROUPConsumer Discretionary	0.8%+0.1%	Unchanged	5,023,780	$21.48	$107.9M
GOOGALPHABET INCCommunication ServicesGOOG · GOOGLSupply chain (as of Q2 2026)	0.7%-13.1%	Reduced	GOOG311,726GOOGL32,376	GOOG$286.86GOOGL$287.56	$98.7M
HTZHERTZ GLOBAL HLDGS INCConsumer Discretionary	0.5%	Unchanged	15,241,127	$4.61	$70.3M