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Bill Ackman
Portfolio: Top Holdings & Stock Picks

Pershing Square Capital Management, L.P.

Activist Investing Concentrated Investing

Bill Ackman (Pershing Square Capital Management, L.P.) disclosed 11 total holdings in its latest 13F filing dated 2025-09-30, with a portfolio value of $14.64 B billion and a turnover rate of 1.0%.

Portfolio Value
$14.64 B
Total Holdings
11
Latest Filing
Q3 2025
Nov 14, 2025
Turnover Rate
1.02%

Bill Ackman Top Holdings of 2025-09-30

Ticker Name Shares Value % of Portfolio Time Held % Change
30.27 M $2.97 B 20.25% 0.5 Years -0.10%
BN
61.53 M $2.81 B 19.21% 1.3 Years -0.34%
HHH
18.85 M $1.55 B 10.58% 2 Years 0.00%
6.32 M $1.54 B 10.52% 2.5 Years 0.00%
QSR
22.92 M $1.47 B 10.04% >10 Years -0.37%
5.82 M $1.28 B 8.73% 0.25 Years 0.00%
4.84 M $1.18 B 8.04% 2.5 Years -9.68%
CMG
21.54 M $844.2 M 5.77% 9 Years 0.00%
HLT
3.03 M $786.25 M 5.37% 6.7 Years 0.00%
SEG
5.02 M $115.15 M 0.79% 1 Years 0.00%

Recent Moves

Reduced Exposure to Position
-519,007 Shares | -$126.17 M Value
Significant reduction in holdings of Communication Services
Q3 2025
Reduced Exposure to Position
-210,250 Shares | -$9.61 M Value
Reduced exposure to Financials
Q3 2025

Bill Ackman's Historical Top Holdings Breakdown

Portfolio Date:

Bill Ackman Top Stock Picks

Ticker Name Date Activity Shares Shares Change Value Change
09/30/2025 Reduce -9.7% 4.84 M -519,007 $126.17 M
BN
09/30/2025 Reduce -0.3% 61.53 M -210,250 $9.61 M
QSR
09/30/2025 Reduce -0.4% 22.92 M -85,418 $5.48 M
09/30/2025 Reduce -0.1% 30.27 M -30,643 $3 M
06/30/2025 New Buy 5.82 M 5.82 M $1.28 B
CP
06/30/2025 Sold Out 14.8 M -14.8 M $1.04 B
06/30/2025 Add 20.8% 5.36 M 925,000 $163.01 M
BN
06/30/2025 Add 0.4% 61.74 M 233,610 $9.63 M
HLT
06/30/2025 Add 1.0% 3.03 M 29,808 $7.94 M
HTZ
06/30/2025 Add 1.6% 15.24 M 241,127 $1.65 M

Bill Ackman's Sector Breakdowns

Portfolio Date:

About Bill Ackman

William "Bill" Ackman is an American billionaire investor and hedge fund manager. He is the founder and CEO of Pershing Square Capital Management, a hedge fund that specializes in activist investing. Ackman is one of the most prominent and vocal investors in the world, known for his bold, multi-billion dollar bets on companies like Canadian Pacific, Chipotle, and Valeant Pharmaceuticals.

Frequently Asked Questions

As of 2025-09-30, Bill Ackman holds 11 stocks. Top positions include UBER, BN, HHH, GOOG, QSR. For full portfolio details, please visit Bill Ackman’s portfolio.

Bill Ackman did not initiate any new positions in the latest quarter.

According to the 13F filing for Q3 2025, There is no available data showing what Bill Ackman is buying.

Bill Ackman’s firm may occasionally request confidential treatment under SEC rule 13F-HR, which allows temporary non-disclosure of certain positions.