What Bill Ackman Bought in Q4 2025

Pershing Square Capital Management · Quarterly 13F recap as filed with the SEC.

Period: 2025-12-31 · Filed · Historical

$15.53B

Total Value

11

Holdings

1

New Buys

4

Reduced

In Q4 2025, Bill Ackman reported 11 long equity positions worth $15.53B in their Pershing Square Capital Management 13F filing, including 1 new positions (largest: META PLATFORMS INC at $1.76B) and 3 increased positions.

RankTickerCompanySharesValue% PortfolioChange
1BNBROOKFIELD CORP61403089$2.82B18.15%+49.7%
2UBERUBER TECHNOLOGIES INC30207734$2.47B15.90%-0.2%
3AMZNAMAZON COM INC9607824$2.22B14.28%+65.0%
4GOOGALPHABET INC6163871$1.93B12.46%-2.5%
5METAMETA PLATFORMS INC2673569$1.76B11.37%NEW
6QSRRESTAURANT BRANDS INTL INC22866773$1.56B10.05%-0.2%
7HHHHOWARD HUGHES HOLDINGS INC18852064$1.50B9.69%
8HLTHILTON WORLDWIDE HLDGS INC3028664$870.0M5.60%-0.1%
9GOOGLALPHABET INC678297$212.3M1.37%+-86.0%
10SEGSeaport Entertainment Group5023780$99.3M0.64%
11HTZHERTZ GLOBAL HLDGS INC15241127$78.3M0.50%