Filed: 11/14/2025ACC: 0001172661-25-005039
📋 What this filing means
PERSHING SQUARE CAPITAL MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 11 equity positions with a total reported market value of $14.64B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
11
Positions
$14.64B
Total AUM (reported)
174.89M
Total Shares
Allocation by class
COM$8.89B60.7%
CL A LTD VT SH$2.81B19.2%
CAP STK CL C$1.54B10.5%
CAP STK CL A$1.18B8.0%
COMMON STOCK$115.15M0.8%
COM NEW$103.64M0.7%
Portfolio Concentration
Top 3$7.33B50.0%
4–10$7.21B49.2%
11–25$103.64M0.7%
Top 3 weight
50.0%
Top 10 weight
99.3%
Voting Authority Distribution
Total shares with voting rights: 174.89M
Sole
Full voting authority
174.89M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole11
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings11
Rows:
UBER TECHNOLOGIES INC
SOLEShares30.27M
TypeSH
Market value$2.97B
20.25%
Sole
30.27M
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares41.02M
TypeSH
Market value$2.81B
19.21%
Sole
41.02M
Shared
0.00
None
0.00
HOWARD HUGHES HOLDINGS INC
SOLEShares18.85M
TypeSH
Market value$1.55B
10.58%
Sole
18.85M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares6.32M
TypeSH
Market value$1.54B
10.52%
Sole
6.32M
Shared
0.00
None
0.00
RESTAURANT BRANDS INTL INC
SOLEShares22.92M
TypeSH
Market value$1.47B
10.04%
Sole
22.92M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares5.82M
TypeSH
Market value$1.28B
8.73%
Sole
5.82M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares4.84M
TypeSH
Market value$1.18B
8.04%
Sole
4.84M
Shared
0.00
None
0.00
CHIPOTLE MEXICAN GRILL INC
SOLEShares21.54M
TypeSH
Market value$844.20M
5.77%
Sole
21.54M
Shared
0.00
None
0.00
HILTON WORLDWIDE HLDGS INC
SOLEShares3.03M
TypeSH
Market value$786.25M
5.37%
Sole
3.03M
Shared
0.00
None
0.00
SEAPORT ENTMT GROUP INC
SOLEShares5.02M
TypeSH
Market value$115.15M
0.79%
Sole
5.02M
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares15.24M
TypeSH
Market value$103.64M
0.71%
Sole
15.24M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
UBER TECHNOLOGIES INCSOLE | COM | 30.27M | SH | $2.97B 20.25% | 30.27M | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 41.02M | SH | $2.81B 19.21% | 41.02M | 0.00 | 0.00 |
HOWARD HUGHES HOLDINGS INCSOLE | COM | 18.85M | SH | $1.55B 10.58% | 18.85M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 6.32M | SH | $1.54B 10.52% | 6.32M | 0.00 | 0.00 |
RESTAURANT BRANDS INTL INCSOLE | COM | 22.92M | SH | $1.47B 10.04% | 22.92M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 5.82M | SH | $1.28B 8.73% | 5.82M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 4.84M | SH | $1.18B 8.04% | 4.84M | 0.00 | 0.00 |
CHIPOTLE MEXICAN GRILL INCSOLE | COM | 21.54M | SH | $844.20M 5.77% | 21.54M | 0.00 | 0.00 |
HILTON WORLDWIDE HLDGS INCSOLE | COM | 3.03M | SH | $786.25M 5.37% | 3.03M | 0.00 | 0.00 |
SEAPORT ENTMT GROUP INCSOLE | COMMON STOCK | 5.02M | SH | $115.15M 0.79% | 5.02M | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | COM NEW | 15.24M | SH | $103.64M 0.71% | 15.24M | 0.00 | 0.00 |