All funds

Pershing Square Capital Management, L.P. 13F

SEC central index key 1336528. All 13F filings on sec.gov

For the quarter ended 2026-06-30 this manager filed a notice instead of a holdings report: its holdings are reported by PERSHING SQUARE INC. The filing says: "Holdings of this reporting manager are now included in the report of its public parent company."

Holdings are now reported by: PERSHING SQUARE INC.

Reported portfolio value

$13.71B

-11.7% vs Dec 31, 2025 (market moves plus trading)

Positions

11

1 new, 1 exited since the last report

Ten largest positions

99.9%

of the reported portfolio

Quarter ended

Mar 31, 2026

Filed May 15, 2026 (view on sec.gov)

Largest holdings

Calculated from the filing. The last column compares the number of shares held with the previous report, so a stock simply rising in price is not shown as buying.

CompanyValueShare of portfolioSharesSince last report
BROOKFIELD CORP (CL A LTD VT SH)$2.42B17.6%59,697,208-2.8% shares
AMAZON COM INC (COM)$2.39B17.4%11,451,981+19.2% shares
UBER TECHNOLOGIES INC (COM)$2.15B15.7%29,958,771-0.8% shares
MICROSOFT CORP (COM)$2.09B15.3%5,654,078New
RESTAURANT BRANDS INTL INC (COM)$1.67B12.2%22,645,483-1.0% shares
META PLATFORMS INC (CL A)$1.52B11.1%2,660,861-0.5% shares
HOWARD HUGHES HOLDINGS INC (COM)$1.19B8.7%18,852,064No change
SEAPORT ENTMT GROUP INC (COMMON STOCK)$107.9M0.8%5,023,780No change
ALPHABET INC (CAP STK CL C)$89.4M0.7%311,726-94.9% shares
HERTZ GLOBAL HLDGS INC (COM NEW)$70.3M0.5%15,241,127No change
ALPHABET INC (CAP STK CL A)$9.3M0.1%32,376-95.2% shares

What changed since Dec 31, 2025

Dollars are estimates: shares bought or sold, priced at the current report's price per share. Each list shows the ten largest.

New positions 1

CompanySharesAbout
MICROSOFT CORP (COM)5,654,078$2.09B

Exited positions 1

CompanyShares soldAbout
HILTON WORLDWIDE HLDGS INC (COM)3,028,664$870.0M

Increased stakes 1

CompanySharesAbout
AMAZON COM INC (COM)9,607,824 to 11,451,981 (+19.2%)$384.1M

Reduced stakes 6

CompanySharesAbout
ALPHABET INC (CAP STK CL C)6,163,871 to 311,726 (-94.9%)$1.68B
ALPHABET INC (CAP STK CL A)678,297 to 32,376 (-95.2%)$185.7M
BROOKFIELD CORP (CL A LTD VT SH)61,403,089 to 59,697,208 (-2.8%)$69.0M
UBER TECHNOLOGIES INC (COM)30,207,734 to 29,958,771 (-0.8%)$17.9M
RESTAURANT BRANDS INTL INC (COM)22,866,773 to 22,645,483 (-1.0%)$16.4M
META PLATFORMS INC (CL A)2,673,569 to 2,660,861 (-0.5%)$7.3M

3 positions have the same number of shares as before.

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Reading the filing from sec.gov...

This filer also reports stakes of more than 5% in single companies: see its Schedule 13D and 13G stakes.

About 13F reports. They list long positions in US-listed securities as of the quarter's last day, filed up to 45 days later. They do not show short positions, cash, most bonds or holdings abroad, and the manager may have traded since. Some positions can be omitted under confidential treatment. This is a delayed, partial view and not a recommendation to buy or sell anything.