Pershing Square Capital Management Portfolio
Pershing Square Capital Management is managed by Bill Ackman; 13F filer (CIK 0001336528).
Q2 2023 · 8 positions · Total reported value $10.82B · Top-10 concentration 100.0%
Turnover: 58.3% · 1 new · 5 cut · 1 exited
Active Share (vs S&P 500): 87.1% · vs QQQ: 86.2% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2023 13F filing, Pershing Square Capital Management disclosed 8 equity positions with a combined reported value of $10.82B. The filing implies a focused portfolio: its ten largest positions account for 100.0% of reported value. HoldingsHub classifies the profile as Large / Focused / Consumer Tilt / High Turnover.
The largest disclosed positions as of Q2 2023 were CMG ($2.04B), QSR ($1.81B), LOW ($1.69B). By sector, the heaviest allocations are Consumer Discretionary 63.7%, Technology 12.9%. Versus the prior quarter, allocation shifted toward Industrials (+11.3pp), Technology (+1.1pp) and away from Other (-2.0pp), Consumer Discretionary (-10.3pp).
Versus the prior quarter, Pershing Square Capital Management opened 1 new positions, trimmed 5 and fully exited 1, a turnover rate of 58.3% of positions. The portfolio's overlap with the prior quarter was 88% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | CMG | CHIPOTLE MEXICAN GRILL INC | 953.61K | $2.04B | 18.86% | Reduce |
| 2 | QSR | RESTAURANT BRANDS INTL INC | 23.35M | $1.81B | 16.73% | Reduce |
| 3 | LOW | LOWES COS INC | 7.47M | $1.69B | 15.58% | Reduce |
| 4 | HLT | HILTON WORLDWIDE HLDGS INC | 9.33M | $1.36B | 12.56% | Hold |
| 5 | HHC | HOWARD HUGHES CORP | 16.57M | $1.31B | 12.09% | Add |
| 6 | CP | CANADIAN PACIFIC KANSAS CITY | 15.10M | $1.22B | 11.27% | New |
| 7 | GOOG | ALPHABET INC | 9.38M | $1.13B | 10.49% | Add |
| 8 | GOOGL | ALPHABET INC | 2.19M | $261.54M | 2.42% | Hold |