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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 9 rows. Rows without a quote are marked unavailable.

1QSRRESTAURANT BRANDS INTL INC31.55%-39,150,551$1.87B$47.66No quote
2CMGCHIPOTLE MEXICAN GRILL INC18.39%Add +420.1%2,882,463$1.09B$377.32No quote
3MDLZMONDELEZ INTL INC17.20%-22,942,225$1.02B$44.33No quote
4APDAIR PRODS & CHEMS INC9.41%Reduce -3.8%3,870,760$556.69M$143.82No quote
5HHCHOWARD HUGHES CORP6.88%-3,568,017$407.11MNo quoteNo quote
6PAHPLATFORM SPECIALTY PRODS COR6.71%Reduce -5.3%40,451,506$396.83MNo quoteNo quote
7NOMDNOMAD HLDGS LTD5.39%-33,333,334$319M$9.57No quote
8VRXVALEANT PHARMACEUTICALS INTL4.45%Reduce -16.1%18,114,432$263.02MNo quoteNo quote
9ZTSZOETIS INC-Sold0$0No quoteNo quote