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Focused investors/Bill Ackman

Bill Ackman - Pershing Square Capital Management

As of Q2 2026, Bill Ackman reported 14 long-equity positions worth $19.47B in aggregate.

Copy-investor backtest

Latest quarter
+1.96%
1-year
+15.11%
3-year
+41.35%
5-year
+50.23%
3-year vs S&P 500
-31.89%
5-year vs S&P 500
-23.45%
5-year top 5
+52.69%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 3 of 11 rows. Rows without a quote are marked unavailable.

1FOFORTUNE BRANDS INC COM18.68%Add +21.3%20,818,545$1.13BNo quoteNo quote
2JCPPENNEY J C INC COM17.37%-39,075,771$1.05BNo quoteNo quote
3GGPGENERAL GROWTH PPTYS INC NEW COM14.50%-72,233,712$874.03MNo quoteNo quote
4KFTKRAFT FOODS INC CL A14.03%Add +13.3%25,183,333$845.66MNo quoteNo quote
5CCITIGROUP INC COM NEW11.11%Add +11.1%26,124,241$669.3M$25.62No quote
6FDOFAMILY DLR STORES INC COM9.61%Add +2.6%11,388,329$579.21MNo quoteNo quote
7LOWLOWES COS INC COM6.82%New21,240,301$410.79M$19.34No quote
8CPCANADIAN PAC RY LTD COM3.22%New4,040,235$194.29M$48.09No quote
9HHCHOWARD HUGHES CORP COM2.49%-3,568,017$150.21MNo quoteNo quote
10ALEXALEXANDER & BALDWIN INC COM2.16%-3,561,943$130.12MNo quoteNo quote
11GLREGREENLIGHT CAPITAL RE LTD CLASS A-Sold0$0No quoteNo quote