1y return+5.9%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2025: $106 against $121 in the S&P 500.2
Pershing Square Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| UBERUber Technologies Inc | $2.5B | 12.7% | New |
| BNBrookfield Corp | $2.4B | 12.6% | New |
| MSFTMicrosoft Corp | $2.3B | 11.9% | New |
| AMZNAmazon Com Inc | $2.0B | 10.5% | New |
| HHHHoward Hughes Holdings Inc | $2.0B | 10.2% | +209.5% |
| QSRRestaurant Brands Intl Inc | $1.9B | 9.6% | New |
| METAMeta Platforms Inc | $1.8B | 9.2% | New |
| VVisa Inc | $1.1B | 5.8% | New |
| MAMastercard Incorporated | $1.1B | 5.6% | New |
| SPGIS&p Global Inc | $1.1B | 5.4% | New |
| NFLXNetflix Inc. | $934.0M | 4.8% | New |
| PSUSPershing Square Usa Ltd | $149.5M | 0.8% | New |
| SEGSeaport Entmt Group Inc | $133.6M | 0.7% | New |
| HTZHertz Global Hldgs Inc | $34.0M | 0.2% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| HHHHoward Hughes Holdings Inc | June 30, 2025 | +5.9% | $2.0B |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.0% | +14.8% |
| March 31, 2026 | −20.7% | −4.6% |
| December 31, 2025 | −2.9% | +2.4% |
| September 30, 2025 | +21.7% | +7.8% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Pershing Square Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2026053&type=13F-HR&dateb=&owner=include&count=40CIK 2026053
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2026053/000117266126003790/Filed August 14, 2026 · accession 0001172661-26-003790