Pershing Square Capital Management, L.P.

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
12
Quarter
2025 Q4
Top Holding
BN (18.1%)
Top 10 Concentration
99.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-12 of 12
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
BN
BROOKFIELD CORP
Financial Services 18.15% 19.21% #1 1
Prev: #2
9.4 20,382,858 49.7%
P
S
61,403,089 $2,817,787,754 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
UBER
UBER TECHNOLOGI...
Technology 15.90% 20.25% #2 1
Prev: #1
6.4 -62,784 -0.2%
P
S
30,207,734 $2,468,273,945 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 14.28% 8.73% #3 3
Prev: #6
7.9 3,784,508 65.0%
P
S
9,607,824 $2,217,677,936 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 12.46% 10.52% #4
Prev: #4
5.0 -160,160 -2.5%
P
S
6,163,871 $1,934,222,720 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 11.37% #5
Prev: #—
6.5 2,673,569 no change
NEW
2,673,569 $1,764,796,161 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QSR
RESTAURANT BRAN...
Consumer Cyclical 10.05% 10.04% #6 1
Prev: #5
4.0 -48,723 -0.2%
P
S
22,866,773 $1,560,199,922 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HHH
HOWARD HUGHES H...
Real Estate 9.69% 10.58% #7 4
Prev: #3
3.9 no change no change
P
S
18,852,064 $1,503,829,145 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HLT
HILTON WORLDWID...
Consumer Cyclical 5.60% 5.37% #8 1
Prev: #9
2.2 -1,914 -0.1%
P
S
3,028,664 $869,983,734 2005 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 1.37% 8.04% #9 2
Prev: #7
0.8 -4,165,676 -86.0%
P
S
678,297 $212,306,961 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SEG
SEAPORT ENTMT G...
Real Estate 0.64% 0.79% #10
Prev: #10
0.3 no change no change
P
S
5,023,780 $99,320,131 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HTZ
HERTZ GLOBAL HL...
Industrials 0.50% 0.71% #11
Prev: #11
0.2 no change no change
P
S
15,241,127 $78,339,393 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CMG
CHIPOTLE MEXICA...
Consumer Cyclical 0.00% 5.77%
Sold All 😨
(Was: #8)
0.3 -21,541,177 -100.0%
CLOSED
$— 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-12 of 12 holdings

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