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Investment fund · Form 13F

Pershing Square

As of 31 Mar 2026 · filed 15 May 2026, 45 days later · Pershing Square Capital Management, L.P. · SEC EDGAR ↗

Reported value$13.7BUS-listed shares, without options
Positions11spread like 6.9 equal ones
Largest ten100%of the reported value
Since 31 Dec 20251 · 1 · 3 · 1new · added to · reduced · no longer reported

By sector

Consumer discretionary 30.4%
Technology 27.1%
Real estate 26.3%
Industrials 15.7%
Other 0.5%
Sectors come from each company's SEC industry code, grouped as on the sector pages. Companies not yet in this site's catalogue show as not classified.

Every reported position

Largest first, with its share of the reported value and how the number of shares compares with the quarter before. Share counts are adjusted for any split between the two dates.

CompanyShare of totalValueSharesSince 31 Dec 2025
BN Brookfield Corp CL A LTD VT SH 17.6% $2.4B 59.7M Reduced
AMZN Amazon Com Inc 17.4% $2.4B 11.5M Added to
UBER Uber Technologies, Inc 15.7% $2.2B 30.0M Unchanged
MSFT Microsoft Corp 15.3% $2.1B 5.7M New
QSR Restaurant Brands International Inc. 12.2% $1.7B 22.6M Unchanged
META Meta Platforms, Inc. CL A 11.1% $1.5B 2.7M Unchanged
HHH Howard Hughes Holdings Inc. 8.7% $1.2B 18.9M Unchanged
SEG Seaport Entertainment Group Inc. 0.8% $107.9M 5.0M Unchanged
GOOG Alphabet Inc. CAP STK CL C 0.7% $89.4M 311,726 Reduced
HTZ Hertz Global Holdings, Inc COM NEW 0.5% $70.3M 15.2M Unchanged
GOOGL Alphabet Inc. CAP STK CL A 0.1% $9.3M 32,376 Reduced

No longer reported

In the 31 Dec 2025 filing and not in this one. The form does not say why: the position may have been sold, moved to another entity or fallen below the reporting threshold.

What a 13F leaves out. It is filed up to 45 days after the quarter ends, so it shows positions that may already have changed. It lists only long positions in US-listed shares and some options: no short positions, no cash, no bonds, no shares listed elsewhere, and nothing about when or why anything was bought or sold. It describes part of a fund at one date — not what the fund is doing, and not a reason to do anything.