Mulden.
257 essays 1,087 funds measured independent · not paid by any fund or issuer we cover

Form 13F-HR · filed 2026-05-15 · registrant as filed: Pershing Square Capital Management, L.P.

Pershing Square Capital Management, L.P. holdings, as of 2026-03-31

What Pershing Square Capital Management, L.P. reported on Form 13F for the quarter ending 2026-03-31: 11 US-listed positions worth $13.7B. Weighted by reported value the top ten are 99.93% and the whole list behaves like 6.9 equally weighted positions. Against the 2025-12-31 filing: 1 new, 1 closed, 4 changed by 1% or more in shares.

$13.7BReported value
11Positions
6.9Behaves like
99.93%Top ten weight
Read this as a filing, not a portfolio. Form 13F covers US-listed long positions and listed options over which Pershing Square Capital Management, L.P. has investment discretion, valued at 2026-03-31 and filed on 2026-05-15. It omits short positions, non-US listings, bonds, cash, and every trade since the period end. It is filed by the registrant; it is not any person's account.

Positions by reported value

11
#IssuerClassWeightValueSharesvs 2025-12-31
1 BROOKFIELD CORP CL A LTD VT SH 17.62% $2.4B 59,697,208 -2.8%
2 AMAZON COM INC COM 17.39% $2.4B 11,451,981 +19.2%
3 UBER TECHNOLOGIES INC COM 15.71% $2.2B 29,958,771 -0.8%
4 MICROSOFT CORP COM 15.26% $2.1B 5,654,078 new
5 RESTAURANT BRANDS INTL INC COM 12.20% $1.7B 22,645,483 -1.0%
6 META PLATFORMS INC CL A 11.10% $1.5B 2,660,861 —
7 HOWARD HUGHES HOLDINGS INC COM 8.70% $1.2B 18,852,064 —
8 SEAPORT ENTMT GROUP INC COMMON STOCK 0.79% $108M 5,023,780 —
9 ALPHABET INC CAP STK CL C 0.65% $89M 311,726 -94.9%
10 HERTZ GLOBAL HLDGS INC COM NEW 0.51% $70M 15,241,127 —
11 ALPHABET INC CAP STK CL A 0.07% $9M 32,376 -95.2%

Changes since 2025-12-31

6
New positions (1)
  • MICROSOFT CORP
Closed positions (1)
  • HILTON WORLDWIDE HLDGS INC
Largest increases in shares
  • AMAZON COM INC · now 17.39%
Largest decreases in shares
  • BROOKFIELD CORP · now 17.62%
  • ALPHABET INC · now 0.65%
  • ALPHABET INC · now 0.07%

Share counts compared line by line by CUSIP between the two filings. A change in reported value without a change in shares is a price move, not a trade, and is not listed here.

Source

Form 13F-HR, accession 0001172661-26-002336, on SEC EDGAR · period 2026-03-31 · filed 2026-05-15. Computed fields (weights, effective holdings, top-ten share, changes) are this site's arithmetic on the information table; download the record (CC BY 4.0). All 24 registrants: /managers/.

Cite this

Mulden. (2026). Pershing Square Capital Management, L.P. Form 13F, 2026-03-31. Retrieved 2026-09-15 from https://themulden.com/managers/pershing-square-capital-management-l-p-1336528/

Select the line above to copy. CC BY 4.0 — attribution required, no permission needed.