Latest Pershing Square Capital Management, L.P. Stock Portfolio
Bill Ackman Performance:
2025 Q4: -4.8%YTD: 5.97%2024: 592.87%
Performance for 2025 Q4 is -4.8%, and YTD is 5.97%, and 2024 is 592.87%.
About Bill Ackman and 13F Hedge Fund Stock Holdings
Bill Ackman is a hedge fund based in New York, NY. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Pershing Square Capital Management, L.P. reported an equity portfolio of $15.5 Billions as of 31 Dec, 2025.
The top stock holdings of Pershing Square Capital Management, L.P. are , UBER, AMZN. The fund has invested 18.1% of it's portfolio in BROOKFIELD CORP and 15.9% of portfolio in UBER TECHNOLOGIES INC.
The fund managers got completely rid off CHIPOTLE MEXICAN GRILL INC (CMG) stocks. They significantly reduced their stock positions in ALPHABET INC (GOOG), UBER TECHNOLOGIES INC (UBER) and RESTAURANT BRANDS INTL INC (QSR). Pershing Square Capital Management, L.P. opened new stock positions in META PLATFORMS INC (META). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN) and BROOKFIELD CORP.
The top stock holdings of Pershing Square Capital Management, L.P. are , UBER, AMZN. The fund has invested 18.1% of it's portfolio in BROOKFIELD CORP and 15.9% of portfolio in UBER TECHNOLOGIES INC.
The fund managers got completely rid off CHIPOTLE MEXICAN GRILL INC (CMG) stocks. They significantly reduced their stock positions in ALPHABET INC (GOOG), UBER TECHNOLOGIES INC (UBER) and RESTAURANT BRANDS INTL INC (QSR). Pershing Square Capital Management, L.P. opened new stock positions in META PLATFORMS INC (META). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN) and BROOKFIELD CORP.
Bill Ackman Annual Return Estimates Vs S&P 500
Our best estimate is that Pershing Square Capital Management, L.P. made a return of -4.8% in the last quarter. In trailing 12 months, it's portfolio return was 5.97%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| meta platforms inc | 1,764,800,000 |
New stocks bought by Pershing Square Capital Management, L.P.
Additions
| Ticker | % Inc. |
|---|---|
| amazon com inc | 64.99 |
| brookfield corp | 49.69 |
Additions to existing portfolio by Pershing Square Capital Management, L.P.
Reductions
| Ticker | % Reduced |
|---|---|
| alphabet inc | -86.00 |
| alphabet inc | -2.53 |
| restaurant brands intl inc | -0.21 |
| uber technologies inc | -0.21 |
| hilton worldwide hldgs inc | -0.06 |
Pershing Square Capital Management, L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| chipotle mexican grill inc | -844,199,000 |
Pershing Square Capital Management, L.P. got rid off the above stocks
Sector Distribution
Pershing Square Capital Management, L.P. has about 29.9% of it's holdings in Consumer Cyclical sector.
- Consumer Cyclical
- Others
- Communication Services
- Technology
| Sector | % |
|---|---|
| Consumer Cyclical | 29.9 |
| Others | 28.5 |
| Communication Services | 25.2 |
| Technology | 15.9 |
Market Cap. Distribution
Pershing Square Capital Management, L.P. has about 71% of it's portfolio invested in the large-cap and mega-cap stocks.
- MEGA-CAP
- LARGE-CAP
- UNALLOCATED
| Category | % |
|---|---|
| MEGA-CAP | 39.5 |
| LARGE-CAP | 31.5 |
| UNALLOCATED | 28.5 |
Stocks belong to which Index?
About 45.1% of the stocks held by Pershing Square Capital Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.
- Others
- S&P 500
| Index | % |
|---|---|
| Others | 54.9 |
| S&P 500 | 45.1 |
Bill Ackman Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Bill Ackman
Pershing Square Capital Management, L.P. has 11 stocks in it's portfolio. proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Pershing Square Capital Management, L.P. last quarter.
Last Reported on: 17 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMZN | amazon com inc | 14.28 | 9,607,820 | 2,217,680,000 | added | 64.99 | ||
| CMG | chipotle mexican grill inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GOOG | alphabet inc | 12.46 | 6,163,870 | 1,934,220,000 | reduced | -2.53 | ||
| GOOG | alphabet inc | 1.37 | 678,297 | 212,307,000 | reduced | -86.00 | ||
| HLT | hilton worldwide hldgs inc | 5.60 | 3,028,660 | 869,984,000 | reduced | -0.06 | ||
| HTZ | hertz global hldgs inc | 0.50 | 15,241,100 | 78,339,400 | unchanged | 0.00 | ||
| META | meta platforms inc | 11.37 | 2,673,570 | 1,764,800,000 | new | |||
| QSR | restaurant brands intl inc | 10.05 | 22,866,800 | 1,560,200,000 | reduced | -0.21 | ||
| UBER | uber technologies inc | 15.90 | 30,207,700 | 2,468,270,000 | reduced | -0.21 | ||
| brookfield corp | 18.15 | 61,403,100 | 2,817,790,000 | added | 49.69 | |||
| howard hughes holdings inc | 9.69 | 18,852,100 | 1,503,830,000 | unchanged | 0.00 | |||
| seaport entmt group inc | 0.64 | 5,023,780 | 99,320,100 | unchanged | 0.00 | |||