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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 6 of 9 rows. Rows without a quote are marked unavailable.

1QSRRESTAURANT BRANDS INTL INC17.28%Reduce -5.6%19,685,602$1.03B$52.30No quote
2LOWLOWES COS INC14.79%Add +13.0%9,536,591$880.8M$92.36No quote
3CMGCHIPOTLE MEXICAN GRILL INC14.07%Reduce -5.8%1,940,799$838.02M$431.79No quote
4HLTHILTON WORLDWIDE HLDGS INC13.19%New10,947,479$786.03M$71.80No quote
5SBUXSTARBUCKS CORP12.71%New11,754,441$756.99M$64.40No quote
6UTXUNITED TECHNOLOGIES CORP9.97%Add +12.7%5,578,203$593.97MNo quoteNo quote
7ADPAUTOMATIC DATA PROCESSING IN8.96%Add +1.0%4,070,126$533.68M$131.12No quote
8PAHPLATFORM SPECIALTY PRODS COR7.01%-40,451,506$417.86MNo quoteNo quote
9HHCHOWARD HUGHES CORP2.02%Reduce -42.2%1,233,589$120.42MNo quoteNo quote