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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.

1CMGCHIPOTLE MEXICAN GRILL INC19.70%Reduce -4.0%1,862,710$1.32B$710.31No quote
2QSRRESTAURANT BRANDS INTL INC17.78%Reduce -6.8%18,342,703$1.19B$65.11No quote
3LOWLOWES COS INC15.18%Reduce -2.3%9,315,033$1.02B$109.47No quote
4HLTHILTON WORLDWIDE HLDGS INC13.57%Add +0.2%10,966,251$911.41M$83.11No quote
5UTXUNITED TECHNOLOGIES CORP11.17%Add +4.3%5,819,203$750.04MNo quoteNo quote
6SBUXSTARBUCKS CORP11.06%Reduce -15.0%9,994,049$742.96M$74.34No quote
7ADPAUTOMATIC DATA PROCESSING IN9.58%Reduce -1.0%4,029,526$643.68M$159.74No quote
8HHCHOWARD HUGHES CORP1.96%Reduce -3.1%1,194,793$131.43MNo quoteNo quote
9PAHPLATFORM SPECIALTY PRODS COR-Sold0$0No quoteNo quote