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Fund detail

Pershing Square (Bill Ackman)

activist, concentrated, active

Quarters 52
2025-09-30 $14.64B
Positions 11
Showing 11 of 11 rows

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 UBER TECHNOLOGIES INC UBER $2.97B 20.25% 30,270,518 -30,643 -0.10% 20.59% 2025-03-31 $98 ~$73 +34.46%
2 BROOKFIELD CORP BN $2.81B 19.21% 41,020,231 -140,166 -0.34% 18.54% 2024-06-30 $69 ~$48 +43.00%
3 HOWARD HUGHES HOLDINGS INC HHH $1.55B 10.58% 18,852,064 +0 +0.00% 9.27% 2023-09-30 $82 ~$71 +15.31%
4 ALPHABET INC GOOG $1.54B 10.52% 6,324,031 +0 +0.00% 8.17% 2023-03-31 $244 ~$105 +131.55%
5 RESTAURANT BRANDS INTL INC QSR $1.47B 10.04% 22,915,496 -85,418 -0.37% 11.11% 2014-12-31 $64 ~$43 +50.28%
6 AMAZON COM INC AMZN $1.28B 8.73% 5,823,316 +0 +0.00% 9.31% 2025-06-30 $220 ~$219 +0.08%
7 ALPHABET INC GOOGL $1.18B 8.04% 4,843,973 -519,007 -9.68% 6.88% 2023-03-31 $243 ~$128 +89.77%
8 CHIPOTLE MEXICAN GRILL INC CMG $844.2M 5.77% 21,541,177 +0 +0.00% 8.81% 2016-09-30 $39 ~$9 +347.73%
9 HILTON WORLDWIDE HLDGS INC HLT $786.3M 5.37% 3,030,578 +0 +0.00% 5.88% 2018-12-31 $259 ~$85 +203.57%
10 SEAPORT ENTMT GROUP INC SEG $115.1M 0.79% 5,023,780 +0 +0.00% 0.68% 2024-09-30 $23 ~$28 -16.88%
11 HERTZ GLOBAL HLDGS INC HTZ $103.6M 0.71% 15,241,127 +0 +0.00% 0.76% 2025-03-31 $7 ~$4 +71.59%