Bill Ackman (Pershing Square Capital Management) portfolio: Q2 2026 13F
Every US-listed position Pershing Square Capital Management reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 14, 2026. 14 positions at the quarter end, after opening 5 and exiting 2 during it.
Holdings at Q2 2026
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| UBER | Uber Technologies, Inc | 12.72% | $2.48B | 34,326,200 | Added |
| BN | Brookfield Corp | 12.58% | $2.45B | 57,481,047 | Trimmed |
| MSFT | Microsoft Corp | 11.89% | $2.32B | 6,206,730 | Added |
| AMZN | Amazon.com Inc | 10.49% | $2.04B | 8,563,857 | Trimmed |
| HHH | Howard Hughes Holdings Inc. | 10.23% | $1.99B | 27,852,064 | Added |
| QSR | Restaurant Brands International Inc. | 9.62% | $1.87B | 25,821,284 | Added |
| META | Meta Platforms, Inc. | 9.25% | $1.80B | 3,196,062 | Added |
| V | Visa Inc. | 5.76% | $1.12B | 3,270,470 | New |
| MA | Mastercard Inc | 5.61% | $1.09B | 2,124,646 | New |
| SPGI | S&P Global Inc. | 5.43% | $1.06B | 2,593,155 | New |
| NFLX | Netflix Inc | 4.80% | $934.02M | 13,081,465 | New |
| PSUS | Pershing Square USA, Ltd. | 0.77% | $149.52M | 4,000,000 | New |
| SEG | Seaport Entertainment Group Inc. | 0.69% | $133.63M | 5,023,780 | Unchanged |
| HTZ | Hertz Global Holdings, Inc | 0.17% | $33.96M | 14,991,599 | Trimmed |
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Added | UBER | Uber Technologies, Inc | +4,367,429 | $2.48B |
| Trimmed | BN | Brookfield Corp | -2,216,161 | $2.45B |
| Added | MSFT | Microsoft Corp | +552,652 | $2.32B |
| Trimmed | AMZN | Amazon.com Inc | -2,888,124 | $2.04B |
| Added | HHH | Howard Hughes Holdings Inc. | +9,000,000 | $1.99B |
| Added | QSR | Restaurant Brands International Inc. | +3,175,801 | $1.87B |
| Added | META | Meta Platforms, Inc. | +535,201 | $1.80B |
| New | V | Visa Inc. | +3,270,470 | $1.12B |
| New | MA | Mastercard Inc | +2,124,646 | $1.09B |
| New | SPGI | S&P Global Inc. | +2,593,155 | $1.06B |
| New | NFLX | Netflix Inc | +13,081,465 | $934.02M |
| New | PSUS | Pershing Square USA, Ltd. | +4,000,000 | $149.52M |
| Trimmed | HTZ | Hertz Global Holdings, Inc | -249,528 | $33.96M |
| Sold | GOOG | Alphabet Inc. | -311,726 | - |
| Sold | GOOGL | Alphabet Inc. | -32,376 | - |
About these holdings
The 13F on record for Bill Ackman (Pershing Square Capital Mgmt), filed on Aug 14, 2026, reports 14 positions as of Jun 30, 2026. The largest is Uber Technologies, Inc (UBER) at 12.7% of the reported portfolio, followed by Brookfield Corp (BN, 12.6%) and Microsoft Corp (MSFT, 11.9%). The ten largest make up 93.6% of it. Against the previous quarter, it opened 5 new positions, added to 5, trimmed 3 and sold out of 2. The largest new position is Visa Inc. (V), at 5.8% of the portfolio. The largest position it added to is Uber Technologies, Inc (UBER), now 12.7%. The largest it sold out of, by its value the quarter before, is Alphabet Inc. (GOOG).
Uber Technologies, Inc (UBER), the largest position, is also held by 12 other investors tracked here. Of those, Pat Dorsey, David Tepper, Terry Smith and Thomas Russo hold the most of it as a share of their own portfolios.
Other investors
Bruce BerkowitzDavid RolfeTriple Frond PartnersChuck AkreAlex RoepersAKO CapitalCarl IcahnSeth Klarman