Photo: Senate Democrats, CC BY 2.0, via Wikimedia Commons
Bill Ackman
Pershing Square Capital Management · Concentrated activist Pershing Square holds a very concentrated activist book of large-cap North American equities.
Bill Ackman (William Albert Ackman, born 1966) is an American hedge fund manager and the founder and chief executive of Pershing Square Capital Management, which he established in 2004. He is known as an activist investor, taking concentrated positions in public companies and pushing for changes in strategy or management. Notable episodes include a proxy fight at Canadian Pacific Railway and a high-profile $1 billion short bet against Herbalife.
顯示全部 11 個申報的 13(f) 部位；TradingPilot 只為其中 4 個與其整理過的公司庫相符的部位建立連結——並未使用需付費授權的 CUSIP↔代號對照資料庫。未對應的部位按申報原樣以純文字呈現。
投組配置（申報的 13F 股票）
僅含在美國掛牌的多方股票部位；不含選擇權。
- BROOKFIELD CORP17.6%
- AMZN17.4%
- UBER TECHNOLOGIES INC15.7%
- MSFT15.3%
- RESTAURANT BRANDS INTL INC12.2%
- META11.1%
- HOWARD HUGHES HOLDINGS INC8.7%
- SEAPORT ENTMT GROUP INC0.8%
- ALPHABET INC0.7%
- HERTZ GLOBAL HLDGS INC0.5%
- Others0.1%
申報的 13F 股票市值——這不是報酬，也不是管理規模
僅含在美國掛牌的多方股票部位；申報有約 45 天的延遲。
| # | 代號 | 證券名稱（申報原文） | 佔 13F 比例 | 股數 | 申報均價 | 目前 | 金額 | 異動 |
|---|---|---|---|---|---|---|---|---|
| 1 | — | BROOKFIELD CORP | 17.6% | 59,697,208 | $40.47 | — | $2.4B | 減碼 −3% |
| 2 | AMZN | AMAZON COM INC | 17.4% | 11,451,981 | $208.27 | $243.79 +17.1% | $2.4B | 加碼 +19% |
| 3 | — | UBER TECHNOLOGIES INC | 15.7% | 29,958,771 | $71.93 | — | $2.2B | 減碼 −1% |
| 4 | MSFT | MICROSOFT CORP | 15.3% | 5,654,078 | $370.17 | $530.14 +43.2% | $2.1B | 新建部位 |
| 5 | — | RESTAURANT BRANDS INTL INC | 12.2% | 22,645,483 | $73.90 | — | $1.7B | 減碼 −1% |
| 6 | META | META PLATFORMS INC | 11.1% | 2,660,861 | $572.13 | $624.52 +9.2% | $1.5B | 減碼 −0% |
| 7 | — | HOWARD HUGHES HOLDINGS INC | 8.7% | 18,852,064 | $63.26 | — | $1.2B | 維持 +0% |
| 8 | — | SEAPORT ENTMT GROUP INC | 0.8% | 5,023,780 | $21.48 | — | $107.9M | 維持 +0% |
| 9 | — | ALPHABET INC | 0.7% | 311,726 | $286.86 | — | $89.4M | 減碼 −95% |
| 10 | — | HERTZ GLOBAL HLDGS INC | 0.5% | 15,241,127 | $4.61 | — | $70.3M | 維持 +0% |
| 11 | GOOGL | ALPHABET INC | 0.1% | 32,376 | $287.56 | $283.82 -1.3% | $9.3M | 減碼 −95% |
| — | — | HILTON WORLDWIDE HLDGS INC | — | 0 | — | — | $0 | 已出清 −100% |
申報均價 = 季末的金額 ÷ 股數——這是一個平均值，並非經理人的買進或賣出價。
「目前」顯示的是自申報季末以來該股票的價格變動（僅限已對應的名字）——這是股票本身的漲跌，不是經理人的已實現報酬（我們並不知道他們的成本，也不知道他們是否仍持有）。
TradingPilot 對其申報 13F 股票投組的分析
截至 2026Q1，Bill Ackman 申報的 13F 投組持有 11 個股票部位；其中最大的 5 個佔其 78%。
- BROOKFIELD CORP — 佔 13F 的 17.6%
- AMAZON COM INC (AMZN) — 佔 13F 的 17.4%
- UBER TECHNOLOGIES INC — 佔 13F 的 15.7%
- MICROSOFT CORP (MSFT) — 佔 13F 的 15.3%
- RESTAURANT BRANDS INTL INC — 佔 13F 的 12.2%
本季：新建 1 個，加碼 1 個，減碼 6 個，出清 1 個。
- ALPHABET INC — 減碼 (−5,852,145 股)
- HILTON WORLDWIDE HLDGS INC — 已出清 (−3,028,664 股)
- AMAZON COM INC (AMZN) — 加碼 (+1,844,157 股)
- BROOKFIELD CORP — 減碼 (−1,705,881 股)
- ALPHABET INC (GOOGL) — 減碼 (−645,921 股)