Bill Ackman’s best current stock choices in 2025

Bill Ackman, the billionaire investor behind Pershing Square Capital Management, is well known for his concentrated investment approach. Instead of holding dozens of stocks, he focuses on a small group of Paris with a strong conviction which, according to him, can generate excessive long -term yields.

In the second quarter of 2025, the ACKMAN portfolio was made up of only ten shares with a market value of approximately $ 13.7 billion. The main positions reveal where he sees the opportunity between technology, real estate, consumer brands and global management of assets. Let’s look at each of his positions.

1. Uber Technologies: Ackman’s largest bet

ACKMAN’s largest attire is Uber Technologies, which represents more than 20% of the Pershing Square portfolio. It has just over 30 million shares worth around 2.8 billion dollars. The action is negotiated slightly below its cost base declared at around $ 92 per share, against $ 93 when the position was disclosed.

Uber has climbed to its 52 -week highest $ 97.72, showing a strong investor dynamic. ACKMAN’s long -term thesis is based on Uber’s ability to dominate the global tension industry while continuing to evolve Uber eats and other delivery companies. Improvement and recurring income from profitability becoming more predictable, Uber remains the centerpiece of its investment strategy.

2. Brookfield Corp: a regular asset management game

Brookfield Corporation is the second participation of the ACKMAN portfolio, representing around 18.5% of total assets. Pershing Square has more than 41 million shares worth around 2.5 billion dollars. Ackman has slightly increased the position during the quarter, signaling confidence in its performance.

Brookfield is a world leader in the management of alternative assets with an exposure to real estate, renewable energies, infrastructure and investment capital. The action has performed well, going from the declared purchase price of Ackman from $ 61.85 to around $ 65.45, a gain of almost 6%. This investment is aligned with ACKMAN’s preference for companies that generate coherent cash flows from diversified and sustainable commercial models.

3. Restaurant Brands International: Fast food expansion strategy

Restaurant Brands International is another key company oriented to consumers in the ACKMAN portfolio, representing more than 11% of the total assets. Its 23 million shares earn around 1.5 billion dollars. The action is negotiated slightly below its purchase price at around $ 65, against $ 66.29 when reported.

ACKMAN’s interest in this company is linked to its well -known franchise portfolio, notably Burger King, Tim Hortons, Popeyes and Firehouse Sub. The strength of its global crossing model and its ability to develop internationally make it a long -term game, even if short -term volatility affects the course of action.

4. Amazon: a growing technological power in the portfolio

Amazon represents a more recent addition to the assets of Pershing Square but already represents more than nine percent of the wallet. Ackman has nearly six million shares worth around $ 1.28 billion. The action has appreciated since its purchase, going from $ 219 per share to more than $ 231, a gain of more than five percent.

This decision highlights its conviction in Amazon twin growth engines: electronic commerce and cloud computing via Amazon Web Services. With the progress of artificial intelligence and operational efficiency strengthening profitability, Amazon offers an exhibition to one of the most dominant technological platforms in the world.

5. Howard Hughes Holdings: Long -term real estate vision

Howard Hughes Holdings is a longtime favorite of Ackman, and he continues to represent more than nine percent of his portfolio. Pershing Square holds nearly 19 million shares worth around $ 1.27 billion. The action has appreciated more than nine percent since its declared purchase price of $ 67.50, now negotiating more than $ 73.

This company specializes in large -scale planned communities and urban developments. Ackman has always supported Howard Hughes for its ability to create long -term value thanks to unique real estate projects, even if the sector is cyclical and sensitive to broader economic changes.

6. Chipotle Mexican Grill: a brand of high condemnation consumer

Chipotle is another long -term ACKMAN hold, representing approximately 8.8% of the portfolio, valued at around $ 1.2 billion. Pershing Square has more than 21 million shares. Unlike some of its other positions, Chipotle has had a recently harm, the action to decrease more than 21% since its purchase reported at $ 56 per share, now negotiating closer to $ 44.

Despite this drop, Ackman has not shown any signs of safeguarding the company. Its conviction is based on the strong brand of chipotle, faithful customers, pricing power and expansion opportunities. While short -term volatility has put pressure on the stock, long -term fundamentals remain strong.

7. Alphabet (Goog & Googl): heavy investment in Big Tech

Ackman has placed a significant bet on the alphabet, holding both class C sharing (Goog) and class A (Googl) for a combined wallet weight of approximately 15%. Together, these positions are assessed at just over $ 2 billion.

Goog participation is about $ 1.1 billion, while Googl represents around $ 945 million. Ackman increased its Googl position by more than 20% during the quarter, showing increasing confidence. The two positions have performed well, up approximately 15% since the deposit. The justification for Ackman is simple: alphabet dominates digital advertising, continues to develop Google Cloud and invests massively in artificial intelligence, positioning it as a long -term winner in technology. I think youtube is the most underestimated or most poorly understood part of its activities, because it takes the time to view entertainment.

8. Hilton Worldwide: Hospitality Strength through franchising

Hilton Worldwide represents almost 6% of the Pershing Square portfolio, worth around 807 million dollars. Ackman has more than three million shares and has slightly increased its position in the last quarter. The action was stable, negotiating just above its cost base at around $ 268, against $ 266 when reported.

Hilton fits perfectly in Ackman’s preference for companies with strong brands and models of active light. Its global franchise system generates recurring costs and reduces operational risks, making it a coherent interpreter in its portfolio.

9. Hertz Global: a smaller and more risky position

Ackman also maintains a small participation in Hertz Global Holdings, which represents less than one percent of the wallet. Pershing Square has more than 15 million shares worth around $ 104 million.

The action has experienced difficulties, down more than 25% of its declared cost base from $ 6.83 to around $ 5.11. Hertz was faced with challenges that move to electric vehicles and adapt to the demand for post-pandemic rental. Given the small size of the position compared to the global portfolio, Ackman seems to treat Hertz as a speculative bet rather than a basic outfit.

10. Seaport Entertainment Group: an opportunity for niche growth

Seaport Entertainment Group is the smallest outfit publicly disclosed in the ACKMAN portfolio, but one of the most efficient; Five million shares are estimated at nearly $ 94 million. The action has jumped more than 40% since its declared purchase price of $ 18.65 and is now negotiated above $ 26.

SeaPort operates in the entertainment and consumer experience sector, offering growth potential as the demand for links and places of life is developing. Although the position is low compared to its basic properties, the high performance shows Ackman’s desire to diversify in emerging opportunities.

Conclusion: concentrated strategy and concentrated condemnation of ACKMAN

Bill Ackman’s portfolio in 2025 illustrates his style of signature of management of a concentrated book of investments with high conviction. With only ten actions, Pershing Square is strongly weighted towards a handful of companies, with Uber, Brookfield, Alphabet, Chipotle and Howard Hughes representing almost three -quarters of active.

Its strategy is based on sustainable global brands, technological platforms with growth potential, real estate plays with long horizons and host companies with recurring income. Some bets, such as Chipotle and Hertz, are under pressure, while others like Alphabet, Seaport and Howard Hughes have delivered substantial gains.

Ackman’s approach reflects a desire to undergo short -term volatility for the potential of long -term wealth creation, remaining faithful to its reputation as one of the most disciplined and concentrated investors of Wall Street.