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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 INC21.65%Reduce -14.3%20,843,919$1.26B$60.30No quote
2CMGCHIPOTLE MEXICAN GRILL INC21.42%-2,882,463$1.24B$431.37No quote
3LOWLOWES COS INC12.70%New7,715,501$737.37M$95.57No quote
4MDLZMONDELEZ INTL INC11.56%Add +1.3%16,371,713$671.24M$41.00No quote
5UTXUNITED TECHNOLOGIES CORP9.78%Add +133.5%4,540,615$567.71MNo quoteNo quote
6ADPAUTOMATIC DATA PROCESSING IN9.76%Reduce -46.8%4,225,365$566.79M$134.14No quote
7PAHPLATFORM SPECIALTY PRODS COR8.08%-40,451,506$469.24MNo quoteNo quote
8HHCHOWARD HUGHES CORP5.03%-2,204,534$292.1MNo quoteNo quote