This pie chart highlights how Bill Ackman structured Pershing Square’s Q4 2025 portfolio, anchored by large, high‑conviction positions in Brookfield (18.15%), Uber (15.9%), Amazon (14.28%), Alphabet (13.83%), and Meta (11.37%). The allocation reflects Ackman’s preference for scalable platforms, durable cash flow, and businesses with long runways for compounding.
🧠 Takeaway:
The bill ackman portfolio remains a textbook example of focused investing — few positions, big weights, and a clear tilt toward dominant global franchises.
📊 Analysis:
- Platform powerhouses: Amazon, Alphabet, Meta, and Uber form a tech‑enabled core built on network effects and recurring demand.
- Real‑asset conviction: Brookfield leads the portfolio, underscoring Ackman’s belief in infrastructure, renewables, and alternative assets.
- Consumer & hospitality: Restaurant Brands and Hilton add stable cash‑flow exposure across global dining and travel.
- Long‑term development bets: Howard Hughes and Seaport Entertainment reflect Ackman’s ongoing interest in real estate transformation and experiential assets.
- Ultra‑concentrated strategy: With over 90% in just eight names, the portfolio is designed for high‑conviction upside rather than broad diversification.
