Fund detail
Pershing Square (Bill Ackman)
activist, concentrated, active
Quarters
52
2016-12-31
$5.91B
Positions
8
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31
2019-12-31
2019-09-30
2019-06-30
2019-03-31
2018-12-31
2018-09-30
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30
2017-03-31
2016-12-31
2016-09-30
2016-06-30
2016-03-31
2015-12-31
2015-09-30
2015-06-30
2015-03-31
2014-12-31
2014-09-30
2014-06-30
2014-03-31
2013-12-31
2013-09-30
2013-06-30
Price is the latest implied close from the selected quarter's 13F (value ÷ shares). Est. Cost is a running average that assumes each quarter's trades cleared near the midpoint of consecutive 13F closes (or yfinance VWAP when available). Most accurate for slow accumulators, least accurate for activists who build positions in a few days.
| # | Issuer | Value ↓ | Weight | Shares | Share Δ | Share Δ % | Prev Weight | First Held | Price | Est. Cost | Unrealized % | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | RESTAURANT BRANDS INTL INC QSR | $1.87B | 31.56% | 39,150,551 | +0 | +0.00% | 32.24% | 2014-12-31 | $48 | ~$39 | +22.17% | |
| 2 | CHIPOTLE MEXICAN GRILL INC CMG | $1.09B | 18.39% | 2,882,463 | +2,328,250 | +420.10% | 4.34% | 2016-09-30 | $377 | ~$405 | -6.80% | |
| 3 | MONDELEZ INTL INC MDLZ | $1.02B | 17.20% | 22,942,225 | +0 | +0.00% | 18.61% | 2015-09-30 | $44 | ~$42 | +5.88% | |
| 4 | AIR PRODS & CHEMS INC APD | $556.7M | 9.41% | 3,870,760 | -154,380 | -3.84% | 11.18% | 2013-06-30 | $144 | ~$88 | +62.99% | |
| 5 | HOWARD HUGHES CORP HHC* | $407.1M | 6.88% | 3,568,017 | +0 | +0.00% | 7.55% | 2013-06-30 | $114 | ~$112 | +1.79% | |
| 6 | PLATFORM SPECIALTY PRODS COR | $396.8M | 6.71% | 40,451,506 | -2,285,888 | -5.35% | 6.40% | 2014-03-31 | $10 | ~$20 | -51.35% | |
| 7 | NOMAD HLDGS LTD | $319.0M | 5.39% | 33,333,334 | +0 | +0.00% | 7.28% | 2016-03-31 | $10 | ~$9 | +6.22% | |
| 8 | VALEANT PHARMACEUTICALS INTL | $263.0M | 4.45% | 18,114,432 | -3,476,690 | -16.10% | 9.79% | 2015-03-31 | $15 | ~$167 | -91.33% | |
| 9 | ZOETIS INC | $0 | 0 | -2,717,719 | -100.00% | 2.61% |