Bill Ackman - Pershing Square Capital Management,
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    11
Portfolio value:    $13,714,299,861
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Reported
Price*
Value Current
Price
+/-
Reported
Price
52
Week
Low
52
Week
High
BN - Brookfield Corp. 17.62 Reduce 2.78% 59,697,208 $40.47 $2,415,946,008 $44.60 10.21% $37.93 $49.57
AMZN - Amazon.com Inc. 17.39 Add 19.19% 11,451,981 $208.27 $2,385,104,083 $246.03 18.13% $196.00 $278.56
UBER - Uber Technologies Inc. 15.71 Reduce 0.82% 29,958,771 $71.93 $2,154,934,398 $70.71 -1.70% $68.46 $101.99
MSFT - Microsoft Corp. 15.26 Buy 5,654,078 $370.17 $2,092,970,053 $416.67 12.56% $356.28 $555.45
QSR - Restaurant Brands International Inc. 12.20 Reduce 0.97% 22,645,483 $73.90 $1,673,501,194 $72.66 -1.68% $61.33 $81.96
META - Meta Platforms Inc. 11.10 Reduce 0.48% 2,660,861 $572.13 $1,522,358,404 $593.00 3.65% $520.26 $796.25
HHH - Howard Hughes Holdings Inc. 8.70 18,852,064 $63.26 $1,192,581,569 $65.13 2.96% $61.01 $91.07
SEG - Seaport Entertainment Group 0.79 5,023,780 $21.48 $107,910,794 $23.94 11.45% $17.57 $28.34
GOOG - Alphabet Inc. CL C 0.65 Reduce 94.94% 311,726 $286.86 $89,421,720 $365.76 27.50% $163.33 $404.47
HTZ - Hertz Global Hldgs Inc. 0.51 15,241,127 $4.61 $70,261,595 $5.09 10.41% $3.78 $8.44
GOOGL - Alphabet Inc. 0.07 Reduce 95.23% 32,376 $287.56 $9,310,043 $368.53 28.16% $162.00 $408.61
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
Technology 30.97
Consumer Cyclical 29.59
Financial Services 17.62
Communication Services 11.82
Real Estate 9.48
Industrials 0.51