Bill Ackman – Pershing Square Capital Management LP

Period:
Q1 2026
Portfolio date:
Mar 31, 2026
No. of stocks:
11
Portfolio value:
$13,714,300,000
Filed:
May 15, 2026
Style:
Activist Investor
HistStockActivityShare change% change to portfolio
Q1 2026filed May 15, 261 new1 added2 reduced1 exited
≡GOOG – ALPHABET INCReduce 95.00%−5,852,145−11.81
≡HLT – HILTON WORLDWIDE HLDGS INCSell−3,028,664−5.60
≡GOOGL – ALPHABET INCReduce 95.00%−645,921−1.30
Q4 2025filed Feb 17, 261 new2 added1 reduced1 exited
≡GOOGL – ALPHABET INCReduce 86.00%−4,165,676−6.67
≡CMG – CHIPOTLE MEXICAN GRILL INCSell−21,541,177−5.77
Q3 2025filed Nov 14, 251 reduced
≡GOOGL – ALPHABET INCReduce 10.00%−519,0071.16
Q2 2025filed Aug 14, 251 new1 added1 exited
≡CP – CANADIAN PACIFIC KANSAS CITYSell−14,799,796−8.71
Q1 2025filed May 15, 252 new2 added3 reduced1 exited
≡NKE – NIKE INCSell−18,768,946−11.26
≡HLT – HILTON WORLDWIDE HLDGS INCReduce 45.00%−2,439,776−4.94
≡GOOG – ALPHABET INCReduce 16.00%−1,223,551−3.11
≡CMG – CHIPOTLE MEXICAN GRILL INCReduce 13.00%−3,112,356−2.72
Q4 2024filed Feb 14, 253 added2 reduced1 exited
≡HLT – HILTON WORLDWIDE HLDGS INCReduce 26.00%−1,929,622−2.49
≡CMG – CHIPOTLE MEXICAN GRILL INCReduce 14.00%−4,161,632−1.07
≡SEG – SEAPORT ENTMT GROUP INCSell−2,094,673−0.05
Q3 2024filed Nov 14, 242 new2 added1 reduced
≡HLT – HILTON WORLDWIDE HLDGS INCReduce 18.00%−1,582,122−5.61
Q2 2024filed Aug 14, 242 new1 added2 reduced
≡GOOGL – ALPHABET INCReduce 8.00%−368,3360.87
≡GOOG – ALPHABET INCReduce 20.00%−1,829,6130.03
Q1 2024filed May 15, 241 reduced1 exited
≡LOW – LOWES COS INCSell−1,245,515−2.67
≡CMG – CHIPOTLE MEXICAN GRILL INCReduce 10.00%−81,0141.95