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Hedge fund

Pershing Square

Bill Ackman

Pershing Square holds maybe a dozen names. Each one is a thesis Ackman has talked about publicly. The 13F is essentially a list of those theses with current weights.

Total value
$15.53B
Positions
11
As of
2025-12-31
Filed
2 months ago
Holdings
# Security Class Shares Value (USD) % of port
1 BROOKFIELD CORP BN CL A LTD VT SH 61,403,089 $2.82B 18.15%
2 UBER TECHNOLOGIES INC UBER COM 30,207,734 $2.47B 15.90%
3 AMAZON COM INC AMZN COM 9,607,824 $2.22B 14.28%
4 ALPHABET INC GOOG CAP STK CL C 6,163,871 $1.93B 12.46%
5 META PLATFORMS INC META CL A 2,673,569 $1.76B 11.37%
6 RESTAURANT BRANDS INTL INC QSR COM 22,866,773 $1.56B 10.05%
7 HOWARD HUGHES HOLDINGS INC HHH COM 18,852,064 $1.50B 9.69%
8 HILTON WORLDWIDE HLDGS INC HLT COM 3,028,664 $870.0M 5.60%
9 ALPHABET INC GOOGL CAP STK CL A 678,297 $212.3M 1.37%
10 SEAPORT ENTMT GROUP INC SEG COMMON STOCK 5,023,780 $99.3M 0.64%
11 HERTZ GLOBAL HLDGS INC HTZ COM NEW 15,241,127 $78.3M 0.50%
Source: SEC EDGAR filing · all 13F filings for this filer

Reading this

This is the latest 13F-HR filing — the U.S. quarterly disclosure required of every institutional investment manager with $100M+ AUM, due within 45 days of quarter-end. Sub-positions for the same security (different voting authorities) are aggregated into a single row.

What's missing: short positions, non-equity holdings (bonds, commodities, swaps, FX), and any positions held outside the U.S. reporting framework. Position values are calculated by the filer at quarter-end mark and may diverge from current prices significantly.

v0.1 · 2026 · data via SEC EDGAR