Bill Ackman · quarter digest

What Bill Ackman did in Q1 2026

Pershing Square Capital filed 5 moves in Q1 2026: 1 new, 1 add, 2 trim, 1 exit.

13F filed 2026-05-15. Manager quality score: q8. Philosophy: Concentrated bets on high-quality businesses with activist catalysts.

New positions · 1

Fresh money

MSFTMICROSOFT CORP

NEW·15.3% book·−8

Adds · 1

AMZNAMAZON COM INC

ADD +19%·17.4% book·−13

Trims · 2

GOOGALPHABET INC

TRIM -95%·0.7% book·−1

GOOGLALPHABET INC

TRIM -95%·0.1% book·−26

Exits · 1

HLTHILTON WORLDWIDE HLDGS INC

EXIT·0.0% book·−17

Current top holdings

#	Ticker	Weight	Conviction
1	CMG Chipotle Mexican Grill	21.4%	−5
2	QSR Restaurant Brands International	14.8%	−4
3	HHH Howard Hughes Holdings	13.2%	−10
4	GOOG Alphabet Class C	11.7%	−1
5	BN Brookfield Corp	9.5%	+12
6	HLT Hilton Worldwide	9.1%	−17
7	CP Canadian Pacific Kansas City	6.8%	−9
8	NKE Nike	5.3%	+1

Other quarters for Bill Ackman

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.