13F.
Pershing Square Capital Management, L.P.
13F-HR

Q4 2025

Period Dec 31, 2025Filed Feb 17, 2026View on EDGAR ↗
Positions
11
Total value
$15.53B
Top 10 concentration
99.5%
New positions
1

Exited positionsvs. Q3 2025

  • CHIPOTLE MEXICAN GRILL INC ($844.2M)

Holdings · 11

#Class
1
BROOKFIELD CORP
11271J107
CL A LTD VT SH$2.82B18.15%61,403,089+49.7%
2
UBER TECHNOLOGIES INC
90353T100
COM$2.47B15.90%30,207,734-0.2%
3
AMAZON COM INC
023135106
COM$2.22B14.28%9,607,824+65.0%
4
ALPHABET INC
02079K107
CAP STK CL C$1.93B12.46%6,163,871-2.5%
5
META PLATFORMS INC
30303M102
CL A$1.76B11.37%2,673,569New
6
RESTAURANT BRANDS INTL INC
76131D103
COM$1.56B10.05%22,866,773-0.2%
7
HOWARD HUGHES HOLDINGS INC
44267T102
COM$1.5B9.69%18,852,064
8
HILTON WORLDWIDE HLDGS INC
43300A203
COM$869.98M5.60%3,028,664-0.1%
9
ALPHABET INC
02079K305
CAP STK CL A$212.31M1.37%678,297-86.0%
10
SEAPORT ENTMT GROUP INC
812215200
COMMON STOCK$99.32M0.64%5,023,780
11
HERTZ GLOBAL HLDGS INC
42806J700
COM NEW$78.34M0.50%15,241,127
Total filing value: $15.53B