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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 7 rows. Rows without a quote are marked unavailable.

1CPCANADIAN PAC RY LTD31.55%Reduce -25.8%17,159,888$2.6B$151.32No quote
2APDAIR PRODS & CHEMS INC27.91%Add +0.0%20,549,076$2.3B$111.78No quote
3BEAMBEAM INC17.21%-20,818,545$1.42B$68.06No quote
4BKWBURGER KING WORLDWIDE INC10.66%Add +0.0%38,387,865$877.55MNo quoteNo quote
5GGPGENERAL GROWTH PPTYS INC NEW6.74%Reduce -22.6%27,624,282$554.42MNo quoteNo quote
6HHCHOWARD HUGHES CORP5.21%-3,568,017$428.52MNo quoteNo quote
7PGPROCTER & GAMBLE CO0.73%Reduce -97.3%739,605$60.21M$81.41No quote