Pershing Square Capital Management 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Pershing Square Capital Management disclosed 11 US equity positions worth $13.7bn in its Q2 2025 13F filing. The largest position was UBER at 20.6% of the reported book, followed by BN and QSR. Against the Q1 2025 filing, it opened 1 new position, added to 3 and reduced 0 among the top 11 holdings.
What did Pershing Square Capital Management own in Q2 2025? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | UBER UBER TECHNOLOGIES INC | Technology | 20.6% | $2.8bn | 30,301,161 | 0% | held |
| 2 | BN BROOKFIELD CORP | Financial Services | 18.5% | $2.5bn | 41,160,397 | 0% | held |
| 3 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 11.1% | $1.5bn | 23,000,914 | 0% | held |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 9.3% | $1.3bn | 5,823,316 | – | new |
| 5 | HHH HOWARD HUGHES HOLDINGS INC | Real Estate | 9.3% | $1.3bn | 18,852,064 | 0% | held |
| 6 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 8.8% | $1.2bn | 21,541,177 | 0% | held |
| 7 | GOOG ALPHABET INC | Communication Services | 8.2% | $1.1bn | 6,324,031 | 0% | held |
| 8 | GOOGL ALPHABET INC | Communication Services | 6.9% | $945.1m | 5,362,980 | 21% | added |
| 9 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 5.9% | $807.2m | 3,030,578 | 1% | added |
| 10 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 0.8% | $104.1m | 15,241,127 | 2% | added |
| 11 | SEAPORT ENTMT GROUP INC | 0.7% | $93.7m | 5,023,780 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.