Bill Ackman's Portfolio: 55% in Top 3 Stocks
Bill Ackman's Pershing Square Capital portfolio, as of March 31, 2026, shows a highly concentrated approach with the top three holdings accounting for nearly half of the total value.
Portfolio Overview
As of March 31, 2026, Bill Ackman's Pershing Square Capital Management portfolio demonstrates a clear focus on a select group of large-cap technology and consumer cyclical companies. The analysis reveals that the top three holdings by value significantly dominate the portfolio, accounting for approximately 55% of the total assets.
Concentration in Key Sectors
The portfolio exhibits strong concentration within specific sectors. Technology is represented by major holdings like Microsoft (MSFT), while Consumer Cyclical is heavily weighted with Amazon (AMZN). Financial Services is anchored by Brookfield Corp (BN). Collectively, these three sectors hold the largest allocations, with Technology and Consumer Cyclical each holding around 17% of the portfolio, and Financial Services holding 17.62%.
- Technology: Microsoft (MSFT) holds a 15.26% allocation.
- Consumer Cyclical: Amazon (AMZN) holds a 17.39% allocation.
- Financial Services: Brookfield Corp (BN) holds a 17.62% allocation.
Recent Changes and Strategy
The portfolio shows active management in certain positions. Notably, Microsoft saw a 100% increase in shares during the period, indicating a significant strategic move to add to this position. Conversely, Alphabet Inc. (GOOG/GOOGL) experienced substantial reductions, with GOOG down 94.94% and GOOGL down 95.23% in terms of share percentage change, suggesting a deliberate shift away from these specific tech stocks.
Other holdings show moderate changes. Amazon saw a significant increase in shares (19.19% change), while UBER saw a slight decrease (-0.82%). Brookfield Corp saw a small reduction (-2.78%), and Restaurant Brands International (QSR) experienced a minor decrease (-0.97%).
Major Holdings Breakdown
The largest individual holding is Brookfield Corp, valued at approximately $2.4 billion, representing 17.62% of the portfolio. This is followed by Amazon at $2.4 billion (17.39%) and Microsoft at $2.1 billion (15.26%). Meta Platforms (11.1%) and UBER (15.71%) round out the top five holdings by value, with the remaining allocations held by smaller positions in Alphabet Inc. (GOOG: 0.65%, GOOGL: 0.07%).