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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 8 rows. Rows without a quote are marked unavailable.

1QSRRESTAURANT BRANDS INTL INC28.65%Reduce -8.2%24,320,295$1.38B$56.92No quote
2CMGCHIPOTLE MEXICAN GRILL INC19.27%-2,882,463$931.35M$323.11No quote
3ADPAUTOMATIC DATA PROCESSING IN18.65%Reduce -9.7%7,941,957$901.25M$113.48No quote
4MDLZMONDELEZ INTL INC13.95%Reduce -30.5%16,156,591$674.22M$41.73No quote
5PAHPLATFORM SPECIALTY PRODS COR8.06%-40,451,506$389.55MNo quoteNo quote
6HHCHOWARD HUGHES CORP6.35%Reduce -53.1%2,204,534$306.72MNo quoteNo quote
7UTXUNITED TECHNOLOGIES CORP5.06%New1,944,420$244.65MNo quoteNo quote
8NKENIKE INC-Sold0$0No quoteNo quote