Billionaire Investor Bill Ackman's Top 5 Stock Investments Revealed
Pershing Square Capital Management's Strategic Portfolio
Pershing Square Capital Management, founded by Bill Ackman in 2004, has a diverse portfolio heavily weighted towards large-cap stocks. As of mid-2025, the firm's portfolio is concentrated in five key stocks, accounting for 70.1% of its holdings.
One of these major holdings is Uber Technologies, the world's largest ride-sharing company, which represents 18.5% of the portfolio. Ackman sees compelling growth potential in Uber, with the belief that the company's stock could double over the next three to four years.
Another significant holding is Brookfield Corporation, a global asset management company focused on real estate, infrastructure, and renewables. Ackman is excited about Brookfield's goals to grow annual earnings per share by 20% and generate $47 billion in free cash flow over the next five years.
Restaurant Brands International, owner of Burger King, Tim Hortons, Popeyes, and Firehouse Subs, operating over 32,000 restaurants worldwide, is another anchor in Pershing Square's portfolio. Restaurant Brands represents 12.85% of the portfolio, and Ackman sees strong long-term growth potential, aiming to increase same-store sales and systemwide sales by over 3% and 8%, respectively, between 2024 and 2028.
Chipotle Mexican Grill, while not explicitly broken out in the top 5 by percentage, is a notable Pershing Square position, typically fitting Ackman's profile of investing in strong consumer brands with growth potential. As of current, Chipotle represents 9.07% of Pershing Square's portfolio. Ackman believes the present management, under new CEO Scott Boatwright, will continue to deliver.
Howard Hughes Holdings, a real estate developer, is one of Pershing Square's big stock holdings, representing 11.71% of the portfolio. Ackman owns a 46.9% stake in Howard Hughes, and he aims to convert the company into a diversified holding company similar to Warren Buffett's Berkshire Hathaway.
Pershing Square holds shares in only 10 publicly traded companies, reflecting a focus on a mix of consumer services, real estate, technology, and hospitality sectors with a value- and growth-oriented approach. The firm's total assets under management exceed $29 billion, denoting significant capital deployment in these holdings and strategic sectors.
Notably, the firm has amended management agreements related to Howard Hughes to optimize fees and increase alignment between the fund and the company, showing an activist and involved investment approach beyond passive holding.
In summary, Ackman's strategy appears to be a blend of active management, strategic influence (especially with Howard Hughes), and concentrated bets on large, well-positioned companies in sectors with strong growth and cash flow characteristics, balancing technology-driven growth (Uber) with real estate and consumer brand stability (Brookfield, Restaurant Brands, Chipotle, Howard Hughes).
- Pershing Square Capital Management, with a focus on a mix of consumer services, real estate, technology, and hospitality sectors, aims to increase its money through strategic investments and growth-oriented approach, as shown in its holdings, which total over $29 billion.
- Bill Ackman, the founder of Pershing Square Capital Management, intends to convert Howard Hughes, one of the firm's big stock holdings, into a diversified holding company similar to Warren Buffett's Berkshire Hathaway, reflecting an activist and involved investment approach.
- Ackman sees compelling growth potential in companies such as Uber Technologies, Brookfield Corporation, Restaurant Brands International, Chipotle Mexican Grill, and Howard Hughes Holdings, with a blend of technology-driven growth and real estate and consumer brand stability, demonstrating a deliberate balance in his investments in the finance and business sectors.
