13F Filings/Pershing Square Capital Management, L.P.

Pershing Square Capital Management, L.P.

Hedge FundCIK0001336528LocationNEW YORK, NY 10019, United States

Long U.S. equity positions disclosed to the SEC on Form 13F-HR.

Latest filingQ1 2026Quarter ended31 Mar 2026Filed15 May 2026
Firm profile · Form ADV
SEC adviser registration

Pershing Square Capital Management, L.P. is an investment adviser founded in 2003 that manages public and private equity hedge fund portfolios. The firm's Chief Executive Officer is William A. Ackman, who also serves as Chairman of the board of directors of Pershing Square Inc. and Executive Chairman of the Howard Hughes Holdings Inc. Board of Directors.Summarised from the firm’s Form ADV Part 2A brochure.

CRD
132982 · 801-63688
Portfolio Turnover
19%
Of book traded, QoQ
Positions
11
Long U.S. equities
Top 10 Concentration
100%
Of reported value
QoQ Change
$-1.8B
Value change
Assets under management
Form ADV RAUM · client mix · 13F over time
Regulatory AUM
$25.1B
Form ADV, as of Jun 2026
● 100% discretionary ($25.1B)
By client type
Pooled investment vehicles: $19.4B (77.4%) · 4 clients
Pooled investment vehicles
$19.4B · 77%
Investment companies: $5.7B (22.6%) · 1 clients
Investment companies
$5.7B · 23%
13F AUM over time
$13.7B
Q1 ’26 · 13F AUM
▲ 25%
52 quarters
Reported Holdings
Q1 2026 · upgrade to Pro for past quarters
↗
★ Position spotlightBNBROOKFIELD CORP · 17.6% of bookThis highlighted stock and its 1Y chart are public
Loading position history…
Security⇅Shares⇅Market Value▼Est. Cost⇅Last Px⇅Est. Return⇅% Portfolio⇅Δ Shares⇅Action⇅
BROOKFIELD CORP
BN· Financials
59.70MSH$2.4B~$40.47$41.69▲3.0%17.6%▼ 2.8%Reduced
AMAZON COM INC
AMZN· Consumer Discretionary
11.45MSH$2.4B~$208.27$258.63▲24.2%17.4%▲ 19.2%Added
UBER TECHNOLOGIES INC
UBER· Industrials
29.96MSH$2.2B~$71.93$78.80▲9.6%15.7%▼ 0.8%Reduced
MICROSOFT CORP
MSFT· Information Technology
5.65MSH$2.1B~$370.17$483.24▲30.5%15.3%NewNew
RESTAURANT BRANDS INTL INC
QSR· Consumer Discretionary
22.65MSH$1.7B~$73.90$80.86▲9.4%12.2%▼ 1.0%Reduced
META PLATFORMS INC
META· Communication Services
2.66MSH$1.5B~$572.13$549.90▼3.9%11.1%▼ 0.5%Reduced
HOWARD HUGHES HOLDINGS INC
HHH· Real Estate
18.85MSH$1.2B~$63.26$66.50▲5.1%8.7%—Unchanged
SEAPORT ENTMT GROUP INC
SEG· Consumer Discretionary
5.02MSH$107.9M~$21.48$26.87▲25.1%0.8%—Unchanged
ALPHABET INC
GOOG· Communication Services
312KSH$89.4M~$286.86$341.75▲19.1%0.7%▼ 94.9%Reduced
HERTZ GLOBAL HLDGS INC
HTZ· Industrials
15.24MSH$70.3M~$4.61$2.25▼51.2%0.5%—Unchanged
BNBROOKFIELD CORPReduced
$2.4B· 17.6%· 59.70M SH· ▼ 2.8%· cost $40.47· last $41.69· ▲3.0%
Financials · CL A LTD VT SH · SOLE
AMZNAMAZON COM INCAdded
$2.4B· 17.4%· 11.45M SH· ▲ 19.2%· cost $208.27· last $258.63· ▲24.2%
Consumer Discretionary · COM · SOLE
UBERUBER TECHNOLOGIES INCReduced
$2.2B· 15.7%· 29.96M SH· ▼ 0.8%· cost $71.93· last $78.80· ▲9.6%
Industrials · COM · SOLE
MSFTMICROSOFT CORPNew
$2.1B· 15.3%· 5.65M SH· New· cost $370.17· last $483.24· ▲30.5%
Information Technology · COM · SOLE
QSRRESTAURANT BRANDS INTL INCReduced
$1.7B· 12.2%· 22.65M SH· ▼ 1.0%· cost $73.90· last $80.86· ▲9.4%
Consumer Discretionary · COM · SOLE
METAMETA PLATFORMS INCReduced
$1.5B· 11.1%· 2.66M SH· ▼ 0.5%· cost $572.13· last $549.90· ▼3.9%
Communication Services · CL A · SOLE
HHHHOWARD HUGHES HOLDINGS INCUnchanged
$1.2B· 8.7%· 18.85M SH· —· cost $63.26· last $66.50· ▲5.1%
Real Estate · COM · SOLE
SEGSEAPORT ENTMT GROUP INCUnchanged
$107.9M· 0.8%· 5.02M SH· —· cost $21.48· last $26.87· ▲25.1%
Consumer Discretionary · COMMON STOCK · SOLE
GOOGALPHABET INCReduced
$89.4M· 0.7%· 312K SH· ▼ 94.9%· cost $286.86· last $341.75· ▲19.1%
Communication Services · CAP STK CL C · SOLE
HTZHERTZ GLOBAL HLDGS INCUnchanged
$70.3M· 0.5%· 15.24M SH· —· cost $4.61· last $2.25· ▼51.2%
Industrials · COM NEW · SOLE
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Sector Breakdown
Q1 2026
Consumer Discretionary30.4% · $4.2B
Financials17.6% · $2.4B
Industrials16.2% · $2.2B
Information Technology15.3% · $2.1B
Communication Services11.8% · $1.6B
Real Estate8.7% · $1.2B
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