Pershing Square Capital Management, L.P. reported 11 positions worth $13.71B for the quarter ended Mar 31, 2026, down 11.7% on the prior quarter. It opened 1 new position, added to 1, trimmed 6 and exited 1. Its largest holding is BROOKFIELD Corp at 17.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GOOG Alphabet Inc. | -5.85M | -94.9% | $1.68B | 0.652% |
| HLT Hilton Worldwide Holdings Inc. | -3.03M | -100.0% | $869.98M | Exited |
| GOOGL Alphabet Inc. | -645.9K | -95.2% | $185.74M | 0.068% |
| BN BROOKFIELD Corp | -1.71M | -2.8% | $69.04M | 17.62% |
| UBER Uber Technologies, Inc | -249.0K | -0.8% | $17.91M | 15.71% |
| QSR Restaurant Brands International Inc. | -221.3K | -1.0% | $16.35M | 12.2% |
| META Meta Platforms, Inc. | -12.7K | -0.5% | $7.27M | 11.1% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| MSFT Microsoft Corp | +5.65M | $2.09B | 15.26% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| HLT Hilton Worldwide Holdings Inc. | -3.03M | $869.98M | 5.6% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | BN BROOKFIELD Corp | Financial Services | 59.70M | $2.42B | 17.62% | -1.71M | -2.8% | Reduced | 2.66% |
| 2 | AMZN Amazon Com Inc | Consumer Discretionary | 11.45M | $2.39B | 17.39% | +1.84M | +19.2% | Added | 0.11% |
| 3 | UBER Uber Technologies, Inc | Technology | 29.96M | $2.15B | 15.71% | -249.0K | -0.8% | Reduced | 1.46% |
| 4 | MSFT Microsoft Corp | Technology | 5.65M | $2.09B | 15.26% | +5.65M | – | New | 0.08% |
| 5 | QSR Restaurant Brands International Inc. | Consumer Discretionary | 22.65M | $1.67B | 12.2% | -221.3K | -1.0% | Reduced | 6.52% |
| 6 | META Meta Platforms, Inc. | Technology | 2.66M | $1.52B | 11.1% | -12.7K | -0.5% | Reduced | 0.1% |
| 7 | HHH Howard Hughes Holdings Inc. | Real Estate | 18.85M | $1.19B | 8.7% | 0 | 0.0% | Unchanged | 31.61% |
| 8 | SEG Seaport Entertainment Group Inc. | Consumer Discretionary | 5.02M | $107.91M | 0.787% | 0 | 0.0% | Unchanged | 39.23% |
| 9 | GOOG Alphabet Inc. | Technology | 311.7K | $89.42M | 0.652% | -5.85M | -94.9% | Reduced | 0% |
| 10 | HTZ Hertz Global Holdings, Inc | Consumer Discretionary | 15.24M | $70.26M | 0.512% | 0 | 0.0% | Unchanged | 4.84% |
| 11 | GOOGL Alphabet Inc. | Technology | 32.4K | $9.31M | 0.068% | -645.9K | -95.2% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Pershing Square Capital Management.
As of its Q1 2026 13F filing, Pershing Square Capital Management, L.P.’s five largest positions were BROOKFIELD Corp (BN) at 17.6%, Amazon Com Inc (AMZN) at 17.4%, Uber Technologies, Inc (UBER) at 15.7%, Microsoft Corp (MSFT) at 15.3%, Restaurant Brands International Inc. (QSR) at 12.2% of the reported portfolio.
Pershing Square Capital Management, L.P. reported a 13F portfolio worth $13.71B across 11 positions for Q1 2026. That is down 11.7% from the previous quarter.
Its largest purchases by value were Microsoft Corp ($2.09B), Amazon Com Inc ($384.08M). It opened 1 new positions.
Its largest sales by value were Alphabet Inc. ($1.68B), Hilton Worldwide Holdings Inc. ($869.98M), Alphabet Inc. ($185.74M). It exited 1 positions entirely.
From the Form 13F-HR reports Pershing Square Capital Management, L.P. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.