Fund detail
Pershing Square (Bill Ackman)
activist, concentrated, active
Quarters
52
2018-12-31
$5.96B
Positions
9
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 | $1.03B | 17.28% | 19,685,602 | -1,158,317 | -5.56% | 23.72% | 2014-12-31 | $52 | ~$39 | +34.06% | |
| 2 | LOWES COS INC LOW | $880.8M | 14.79% | 9,536,591 | +1,097,790 | +13.01% | 18.60% | 2018-06-30 | $92 | ~$97 | -5.00% | |
| 3 | CHIPOTLE MEXICAN GRILL INC CMG | $838.0M | 14.07% | 1,940,799 | -118,307 | -5.75% | 17.97% | 2016-09-30 | $432 | ~$405 | +6.65% | |
| 4 | HILTON WORLDWIDE HLDGS INC HLT | $786.0M | 13.19% | 10,947,479 | +10,947,479 | 2018-12-31 | $72 | ~$72 | +0.00% | |||
| 5 | STARBUCKS CORP SBUX | $757.0M | 12.71% | 11,754,441 | +11,754,441 | 2018-12-31 | $64 | ~$64 | +0.00% | |||
| 6 | UNITED TECHNOLOGIES CORP UTXZ | $594.0M | 9.97% | 5,578,203 | +630,415 | +12.74% | 13.28% | 2018-03-31 | $106 | ~$126 | -15.37% | |
| 7 | AUTOMATIC DATA PROCESSING IN ADP | $533.7M | 8.96% | 4,070,126 | +40,699 | +1.01% | 11.65% | 2017-06-30 | $131 | ~$106 | +24.21% | |
| 8 | PLATFORM SPECIALTY PRODS COR | $417.9M | 7.01% | 40,451,506 | +0 | +0.00% | 9.68% | 2014-03-31 | $10 | ~$20 | -48.77% | |
| 9 | HOWARD HUGHES CORP HHC* | $120.4M | 2.02% | 1,233,589 | -899,647 | -42.17% | 5.09% | 2013-06-30 | $98 | ~$114 | -14.38% |