Bill Ackman Top Holdings Analysis: March 2026 Portfolio Breakdown

As of March 31, 2026, Bill Ackman's Pershing Square Capital Management holds a substantial portfolio valued at approximately $13.7 billion. The fund's top holdings demonstrate a strategic focus on established corporations and emerging sectors, with significant allocations to companies like Amazon, Uber, Microsoft, and Brookfield Corporation.

Brookfield Corporation (BN) stands as the largest holding in Ackman's portfolio, representing 17.62% of the total value. The fund holds over 59 million shares of this Financial Services company, with a total stock value exceeding $2.4 billion. Compared to the previous period, the fund reduced its position by approximately 1.7 million shares, a 2.78% decrease.

Amazon.com Inc. (AMZN) is the second-largest holding, accounting for 17.39% of the portfolio. Pershing Square Capital Management owns nearly 11.5 million shares of the Consumer Cyclical giant, valued at over $2.4 billion. The fund has significantly increased its stake in the e-commerce leader, adding approximately 1.8 million shares or 19.19% during the prior period.

Technology sector exposure continues to be strong through Uber Technologies Inc. (UBER), which holds the third position with a 15.71% allocation. The fund owns nearly 30 million Uber shares, valued at approximately $2.2 billion. There has been a slight reduction in this position, with a 0.82% decrease in shares held.

Microsoft Corporation (MSFT) rounds out the top four holdings, representing 15.26% of the portfolio. The fund owns just over 5.65 million shares of the software giant, valued at nearly $2.1 billion. Notably, this position was newly added in the most recent period, with a 100% increase in shares compared to the prior period.

Restaurants Brands International Inc. (QSR) holds the fifth position, comprising 12.2% of the portfolio. The fund owns nearly 22.6 million shares of this fast-food operator, valued at approximately $1.7 billion. There has been a minor reduction in this position, with a 0.97% decrease in shares.

META Platforms Inc. (formerly Facebook) represents an 11.1% allocation, the seventh largest holding. The fund owns approximately 2.66 million shares of the social media giant, valued at nearly $1.5 billion. The position has seen a slight reduction, with a 0.48% decrease in shares.

While smaller in allocation, Alphabet Inc. (GOOG and GOOGL) also feature in the top holdings. The fund holds a minimal 0.65% in Google's Class C shares and 0.07% in its parent company's A shares, valuing them at approximately $90 million combined. Both positions have seen substantial reductions, with decreases of 94.94% and 95.23% in shares held, respectively.

For more detailed information on Bill Ackman's investment strategies and performance, please visit Pershing Square Capital Management's profile. To learn more about each company held by the fund, explore the individual stock profiles: Brookfield Corporation, Amazon.com Inc., Uber Technologies Inc., Microsoft Corporation, Restaurant Brands International Inc., META Platforms Inc., and Alphabet Inc..