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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 6 of 10 rows. Rows without a quote are marked unavailable.

1QSRRESTAURANT BRANDS INTL INC32.24%-39,150,551$1.75B$44.58No quote
2MDLZMONDELEZ INTL INC18.61%-22,942,225$1.01B$43.90No quote
3APDAIR PRODS & CHEMS INC11.18%Reduce -47.0%4,025,140$605.14M$150.34No quote
4VRXVALEANT PHARMACEUTICALS INTL9.79%-21,591,122$530.06MNo quoteNo quote
5HHCHOWARD HUGHES CORP7.55%-3,568,017$408.54MNo quoteNo quote
6NOMDNOMAD HLDGS LTD7.28%-33,333,334$394M$11.82No quote
7PAHPLATFORM SPECIALTY PRODS COR6.40%-42,737,394$346.6MNo quoteNo quote
8CMGCHIPOTLE MEXICAN GRILL INC4.34%New554,213$234.71M$423.50No quote
9ZTSZOETIS INC2.61%Reduce -87.2%2,717,719$141.35M$52.01No quote
10CPCANADIAN PAC RY LTD-Sold0$0No quoteNo quote