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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 4 of 12 rows. Rows without a quote are marked unavailable.

1CPCANADIAN PAC RY LTD COM21.01%Add +497.9%24,154,408$1.63B$67.67No quote
2JCPPENNEY J C INC COM17.66%-39,075,771$1.37BNo quoteNo quote
3GGPGENERAL GROWTH PPTYS INC NEW COM13.95%-72,233,712$1.08BNo quoteNo quote
4BEAMBEAM INC COM13.71%New20,818,545$1.07B$51.23No quote
5KFTKRAFT FOODS INC CL A10.16%Reduce -16.0%21,160,759$790.57MNo quoteNo quote
6CCITIGROUP INC COM NEW8.84%Reduce -0.0%26,119,845$687.21M$26.31No quote
7FDOFAMILY DLR STORES INC COM6.22%Reduce -26.4%8,384,863$483.47MNo quoteNo quote
8FBINFORTUNE BRANDS HOME & SEC IN COM4.56%New20,818,545$354.54M$17.03No quote
9HHCHOWARD HUGHES CORP COM2.03%-3,568,017$157.6MNo quoteNo quote
10ALEXALEXANDER & BALDWIN INC COM1.87%-3,561,943$145.4MNo quoteNo quote
12LOWLOWES COS INC COM-Sold0$0No quoteNo quote
11FOFORTUNE BRANDS INC COM-Sold0$0No quoteNo quote