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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.

1QSRRESTAURANT BRANDS INTL INC33.10%Reduce -32.3%26,500,729$1.69B$63.88No quote
2ADPAUTOMATIC DATA PROCESSING IN18.81%Add +402.5%8,798,442$961.85M$109.32No quote
3CMGCHIPOTLE MEXICAN GRILL INC17.35%-2,882,463$887.31M$307.83No quote
4MDLZMONDELEZ INTL INC11.07%Reduce -3.9%13,927,445$566.29M$40.66No quote
5HHCHOWARD HUGHES CORP10.85%-4,704,534$554.81MNo quoteNo quote
6PAHPLATFORM SPECIALTY PRODS COR8.82%-40,451,506$451.03MNo quoteNo quote
7NOMDNOMAD FOODS LTD-Sold0$0No quoteNo quote