Pershing Square Capital Management Portfolio

In its Q1 2026 13F filing, Pershing Square Capital Management disclosed 11 equity positions with a combined reported value of $13.71B. The filing implies a focused portfolio: its ten largest positions account for 99.9% of reported value. HoldingsHub classifies the profile as Large / Focused / Consumer Tilt / High Turnover.

The largest disclosed positions as of Q1 2026 were BN ($2.42B), AMZN ($2.39B), UBER ($2.15B). By sector, the heaviest allocations are Consumer Discretionary 46.6%, Technology 27.1%. Versus the prior quarter, allocation shifted toward Technology (+1.9pp) and away from Real Estate (-1.5pp).

Versus the prior quarter, Pershing Square Capital Management opened 1 new positions, trimmed 5 and fully exited 1, a turnover rate of 58.3% of positions. The portfolio's overlap with the prior quarter was 83% of names.

Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.