Billionaire Bill Ackman's Top 5 Stock Holdings

Billionaire Bill Ackman's hedge fund, Pershing Square Capital Management, holds shares in 10 publicly traded companies, with 70.1% of its portfolio concentrated in five stocks. The five biggest holdings include Uber Technologies (18.5%), Brookfield Corp (18.01%), Restaurant Brands International (12.85%), Howard Hughes Holdings (11.71%), and Chipotle Mexican Grill (9.07%). Ackman believes these stocks have strong long-term growth potential.

Billionaire Bill Ackman, through his hedge fund Pershing Square Capital Management, has a concentrated portfolio focused on long-term growth. As of the latest 13-F filing, the fund holds shares in only 10 publicly traded companies, with 70.1% of its portfolio concentrated in five stocks. These holdings are strategically chosen for their potential to deliver significant returns over the long term.

The five biggest holdings in Pershing Square's portfolio include:

1. Uber Technologies (18.5%): Uber Technologies (NYSE: UBER) is the world's largest ride-sharing company, offering food delivery and freight transport services. Ackman believes Uber stock could double over the next three to four years, driven by network effects and a large global footprint, as well as the potential of autonomous vehicles [1].

2. Brookfield Corp (18.01%): Brookfield Corp (NYSE: BN) owns a 73% stake in Brookfield Asset Management, which invests in renewable energy, real estate, infrastructure, and business and industrial services. Ackman is excited about Brookfield's goal to grow annual earnings per share by 20% and generate $47 billion in free cash flow over the next five years [1].

3. Restaurant Brands International (12.85%): Restaurant Brands (NYSE: QSR) owns popular franchises like Burger King, Tim Hortons, Popeyes, and Firehouse Subs. Ackman sees strong long-term growth potential, with the company aiming to grow same-store sales and systemwide sales by over 3% and 8%, respectively, between 2024 and 2028 [1].

4. Howard Hughes Holdings (11.71%): Ackman owns a 46.9% stake in Howard Hughes (NYSE: HHH), a real estate developer. He plans to convert Howard Hughes into a diversified holding company akin to Warren Buffett's Berkshire Hathaway. The company recently raised its full-year adjusted operating cash flow guidance to a midpoint of $410 million, reflecting strong results in its Master Planned Communities (MPCs) and Operating Assets segments [2].

5. Chipotle Mexican Grill (9.07%): Chipotle Mexican Grill (NYSE: CMG) has over 3,800 restaurants worldwide. Although the company faced challenges with its CEO Brian Niccol stepping down in 2024, Ackman believes the current management under new CEO Scott Boatwright will continue to deliver growth, especially with the company's global expansion and new technologies [1].

Pershing Square's focus on a limited number of high-concentration holdings allows Ackman to maintain a deep understanding of each company's operations and strategic direction. This approach has proven successful, with the hedge fund's assets under management exceeding $18 billion, and Ackman's net worth exceeding $9 billion [1].

References:
[1] https://finance.yahoo.com/news/billionaire-bill-ackmans-5-biggest-120000057.html
[2] https://seekingalpha.com/news/4482586-howard-hughes-raises-2025-cash-flow-guidance-to-410m-midpoint-as-pershing-square-led-strategy