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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 5 of 8 rows. Rows without a quote are marked unavailable.

1APDAIR PRODS & CHEMS INC21.46%-20,549,076$2.67B$130.11No quote
2ZTSZOETIS INC16.09%-41,823,145$2B$47.92No quote
3MDLZMONDELEZ INTL INC15.61%-43,366,342$1.94B$44.84No quote
4CPCANADIAN PAC RY LTD14.28%-13,940,890$1.78B$127.60No quote
5VRXVALEANT PHARMACEUTICALS INTL13.54%Reduce -14.8%16,591,122$1.69BNo quoteNo quote
6QSRRESTAURANT BRANDS INTL INC11.40%-38,003,984$1.42B$37.36No quote
7PAHPLATFORM SPECIALTY PRODS COR4.40%-42,737,394$548.32MNo quoteNo quote
8HHCHOWARD HUGHES CORP3.24%-3,568,017$403.76MNo quoteNo quote