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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.

1QSRRESTAURANT BRANDS INTL INC36.61%-39,150,551$2.18B$55.74No quote
2CMGCHIPOTLE MEXICAN GRILL INC21.54%-2,882,463$1.28B$445.52No quote
3MDLZMONDELEZ INTL INC14.41%Reduce -13.1%19,942,225$859.11M$43.08No quote
4PAHPLATFORM SPECIALTY PRODS COR8.84%-40,451,506$526.68MNo quoteNo quote
5HHCHOWARD HUGHES CORP7.02%-3,568,017$418.35MNo quoteNo quote
6NOMDNOMAD HLDGS LTD6.40%-33,333,334$381.67M$11.45No quote
7APDAIR PRODS & CHEMS INC5.18%Reduce -41.1%2,280,138$308.48M$135.29No quote
8VRXVALEANT PHARMACEUTICALS INTL-Sold0$0No quoteNo quote