Bill Ackman portfolio: holdings and latest trades
The stocks Pershing Square Capital reported in its latest 13F filing, for Q2 2026: 14 positions worth about $19.5B, what was bought and sold in the quarter, and who Ackman is.
Data updated August 14, 2026 (13F for Q2 2026)
- 13F portfolio value
- $19.5B
- Positions
- 14
- Top 10 holdings
- 93%
- Change in value vs previous quarter
- +42.3%
Bill Ackman top holdings (Q2 2026)
| # | Stock | % of portfolio | Value | Last quarter |
|---|---|---|---|---|
| 1 | UBER Uber Technologies Inc | 12.7% | $2.5B | Added 15% |
| 2 | BN Brookfield Corp | 12.6% | $2.4B | Trimmed 4% |
| 3 | MSFT Microsoft Corp | 11.9% | $2.3B | Added 10% |
| 4 | AMZN Amazon.Com Inc | 10.5% | $2.0B | Trimmed 25% |
| 5 | HHH Howard Hughes Holdings Inc | 10.2% | $2.0B | Added 48% |
| 6 | QSR Restaurant Brands Intern | 9.6% | $1.9B | Added 14% |
| 7 | META Meta Platforms Inc-Class A | 9.2% | $1.8B | Added 20% |
| 8 | V Visa Inc-Class A Shares | 5.8% | $1.1B | New |
| 9 | MA Mastercard Inc - A | 5.6% | $1.1B | New |
| 10 | SPGI S&P Global Inc | 5.4% | $1.1B | New |
| 11 | NFLX Netflix Inc | 4.8% | $934M | New |
| 12 | PSUS Pershing Square Usa Ltd | 0.8% | $150M | New |
| 13 | SEG Seaport Entertainment Group | 0.7% | $134M | Unchanged |
| 14 | HTZ Hertz Global Hldgs Inc | 0.2% | $34M | Unchanged |
What Ackman bought and sold in Q2 2026
Bought or added
- V Visa Inc-Class A SharesNew
- MA Mastercard Inc - ANew
- SPGI S&P Global IncNew
- NFLX Netflix IncNew
- HHH Howard Hughes Holdings IncAdded 48%
- UBER Uber Technologies IncAdded 15%
- META Meta Platforms Inc-Class AAdded 20%
- QSR Restaurant Brands InternAdded 14%
- MSFT Microsoft CorpAdded 10%
- PSUS Pershing Square Usa LtdNew
Sold or reduced
- AMZN Amazon.Com IncTrimmed 25%
- BN Brookfield CorpTrimmed 4%
- GOOG Alphabet Inc-Cl CSold out
- GOOGL Alphabet Inc-Cl ASold out
Changes in number of shares against the 13F for the previous quarter (Q1 2026), largest first.
Who is Bill Ackman
- Role
- Founder and CEO of Pershing Square Capital Management
- Fund
- Pershing Square Capital, founded 2004
- Investment style
- Activist, very concentrated portfolio of about ten large, high-quality companies.
- Known for
- Activist campaigns at large US companies
Bill Ackman founded Pershing Square in 2004 and became one of the best-known activist investors, taking large stakes and pushing companies to change strategy or management. Pershing Square Holdings, a listed vehicle, was listed in Amsterdam in 2014 and later in London.
In early 2020 a hedge on credit markets paid off more than $2 billion as markets fell with the pandemic. The portfolio usually holds around a dozen positions, so each one carries a large weight.
- •Activist campaigns at large US companies
- •A credit hedge in March 2020 that paid off more than $2 billion
- •A portfolio of only about ten to fifteen stocks
How to read 13F data
A 13F filing lists the US-listed stocks, ETFs and some options a manager held at the end of a quarter. It is filed up to 45 days after the quarter ends, so positions may have changed since. It does not show short positions, bonds, cash, foreign-listed shares or private investments, so for many funds it is only part of the picture.
Questions
What stocks does Bill Ackman own?
According to the 13F filing of Pershing Square Capital for Q2 2026 (period ending June 30, 2026), the largest holdings were Uber Technologies Inc (UBER) 12.7%, Brookfield Corp (BN) 12.6%, Microsoft Corp (MSFT) 11.9%, Amazon.Com Inc (AMZN) 10.5%, Howard Hughes Holdings Inc (HHH) 10.2%, out of 14 positions worth about $19.5B.
What did Ackman buy and sell last quarter?
New or larger positions in Q2 2026: V, MA, SPGI, NFLX, HHH, UBER. Sold or reduced: AMZN, BN, GOOG, GOOGL. Changes are measured in shares against the previous quarter’s filing.
How up to date is Pershing Square Capital’s portfolio?
13F filings are due within 45 days after each quarter ends. This page shows the filing made on August 14, 2026 for the quarter ended June 30, 2026; the fund may have traded since.
What does a 13F filing leave out?
A 13F filing lists the US-listed stocks, ETFs and some options a manager held at the end of a quarter. It is filed up to 45 days after the quarter ends, so positions may have changed since. It does not show short positions, bonds, cash, foreign-listed shares or private investments, so for many funds it is only part of the picture.
Other famous investors
- All famous investorsHoldings and latest trades
- Warren BuffettBerkshire Hathaway
- Michael BurryScion Asset Management
- Ray DalioBridgewater Associates
- Cathie WoodARK Investment Management
- Bill GatesGates Foundation Trust
- George SorosSoros Fund Management
- Stanley DruckenmillerDuquesne Family Office
- Carl IcahnIcahn Enterprises
- Seth KlarmanBaupost Group
- Li LuHimalaya Capital
- David TepperAppaloosa
Source: SEC Form 13F-HR filings via EDGAR. Holdings are as reported by the manager for the quarter shown and may have changed since. Educational content, not investment advice: MEDGE Capital does not recommend buying or selling any security. Risk disclaimer.