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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 9 rows. Rows without a quote are marked unavailable.

1CPCANADIAN PAC RY LTD COM31.31%-24,159,888$3.15B$130.47No quote
2PGPROCTER & GAMBLE CO COM22.12%-28,904,492$2.23B$77.06No quote
3GGPGENERAL GROWTH PPTYS INC NEW COM14.76%-74,733,712$1.49BNo quoteNo quote
4BEAMBEAM INC COM13.14%-20,818,545$1.32B$63.54No quote
5BKWBURGER KING WORLDWIDE INC COM7.28%-38,372,120$732.91MNo quoteNo quote
6JCPPENNEY J C INC COM5.86%-39,075,771$590.44MNo quoteNo quote
7HHCHOWARD HUGHES CORP COM2.97%-3,568,017$299.04MNo quoteNo quote
8MDLZMONDELEZ INTL INC CL A1.82%-5,978,956$183.02M$30.61No quote
9MATXMATSON INC COM0.74%-3,033,985$74.64MNo quoteNo quote