Pershing Square’s 13F portfolio, scored by worldview
Last updated · By StockDashes
On StockDashes, the 13F portfolio of Pershing Square, the investment firm Bill Ackman runs, scores 78/100 (Solid) against the K-shaped economy worldview. The score covers all 13 of its US-listed stock holdings in the firm’s filing for Q2 2026: 5 benefit from the worldview, 4 are mixed, 1 is under pressure and 3 are neutral.
Source: Pershing Square Inc.’s 13F filing for Q2 2026, filed with the SEC on 14 Aug 2026. The score covers the companies in the filing; the fund it holds is not part of it. The filing on SEC EDGAR
The score against the K-shaped economy worldview
Portfolio score
13F portfolioAgainst each of the ten worldviews
Choose one to re-score the portfolio.
Of the holdings, 5 benefit from the worldview, 4 are mixed, 1 is under pressure and 3 are neutral.
The holdings
| Holding | Weight | K-shaped economy |
|---|---|---|
| UBERUber Technologies, Inc. | 12.7% | Mixed |
| BNBrookfield Corporation | 12.6% | Benefits |
| MSFTMicrosoft Corporation | 11.9% | Neutral |
| AMZNAmazon.com, Inc. | 10.5% | Benefits |
| HHHHoward Hughes Holdings Inc. | 10.2% | Mixed |
| QSRRestaurant Brands International Inc. | 9.6% | Mixed |
| METAMeta Platforms, Inc. | 9.2% | Neutral |
| VVisa Inc. | 5.8% | Mixed |
| MAMastercard Incorporated | 5.6% | Benefits |
| SPGIS&P Global Inc. | 5.4% | Neutral |
| NFLXNetflix, Inc. | 4.8% | Benefits |
| SEGSeaport Entertainment Group Inc. | 0.7% | Benefits |
| HTZHertz Global Holdings, Inc. | 0.2% | Under pressure |
Weight: the holding’s share of the stock the filing reports. Together these holdings are 99.2% of it.
Which holdings benefit from the K-shaped economy worldview
Benefits
- BN · Brookfield Corporation — Asset management and insurance fee streams come largely from institutions and wealthy clients rather than middle-income consumers.
- AMZN · Amazon.com, Inc. — Low prices and convenience win trade-down shoppers, while Prime and premium selection keep affluent households.
- MA · Mastercard Incorporated — Affluent credit and premium card spend is a large share of volume, offsetting weaker low-income usage.
- NFLX · Netflix, Inc. — Low monthly cost and an ad-supported tier give trading-down households an entry point while affluent subscribers stay on premium plans.
- SEG · Seaport Entertainment Group Inc. — Premium dining, concerts and sports hospitality in downtown Manhattan skew toward high-income discretionary spending.
Mixed
- UBER · Uber Technologies, Inc. — Affluent users sustain rides and delivery spend, while discretionary trips from lower-income households are more easily cut.
- HHH · Howard Hughes Holdings Inc. — Communities skew toward affluent homebuyers and tenants, but entry-tier lot demand depends on stretched middle buyers.
- QSR · Restaurant Brands International Inc. — Value-priced menus capture consumers trading down, while the core low-income customer base cuts visit frequency.
- V · Visa Inc. — Payment volumes track affluent spending and premium cards, while weaker households cut discretionary transactions and trade down.
Under pressure from this worldview
- HTZ · Hertz Global Holdings, Inc. — Leisure rental demand skews toward middle-income travellers who trade down or forgo trips.
Neutral
- MSFT · Microsoft Corporation — Revenue comes mainly from enterprise software and cloud contracts rather than discretionary household spending tiers.
- META · Meta Platforms, Inc. — Advertising revenue spans all income tiers, with free apps used broadly rather than sold to a specific income band.
- SPGI · S&P Global Inc. — Revenue comes from financial institutions and corporate issuers rather than household discretionary spending.
How the score works
Worldview fit is a 0–100 score for how well a stock portfolio matches an investor’s view of where the world is heading. Each holding is marked as benefiting from the worldview, under pressure from it, neutral or mixed, and the marks are weighted by each holding’s share of the portfolio. Worldview fit is 60% of the 0–100 score; diversification and volatility are 20% each, measured on a year of daily prices.
The default worldview, K-shaped economy, is one that suits how Bill Ackman is known to invest; it isn’t a statement of the investor’s own views. What the K-shaped economy worldview says → What is worldview fit? →
Score your own portfolio: free accountYour portfolio stays private to your account.
Frequently asked questions
What does Pershing Square’s 13F portfolio score against the K-shaped economy worldview?
On StockDashes, the 13F portfolio of Pershing Square, the investment firm Bill Ackman runs, scores 78/100 (Solid) against the K-shaped economy worldview. The score covers all 13 of its US-listed stock holdings in the firm’s filing for Q2 2026: 5 benefit from the worldview, 4 are mixed, 1 is under pressure and 3 are neutral.
Where does the Pershing Square portfolio come from?
Source: Pershing Square Inc.’s 13F filing for Q2 2026, filed with the SEC on 14 Aug 2026. The score covers the companies in the filing; the fund it holds is not part of it.
How is the score worked out?
Worldview fit is a 0–100 score for how well a stock portfolio matches an investor’s view of where the world is heading. Each holding is marked as benefiting from the worldview, under pressure from it, neutral or mixed, and the marks are weighted by each holding’s share of the portfolio. Worldview fit is 60% of the 0–100 score; diversification and volatility are 20% each, measured on a year of daily prices.
Can I score my own portfolio the same way?
Yes. Import your holdings from your broker into a StockDashes account, choose up to four worldviews, and every holding is marked against each one with a one-line reason.
13F data is public, quarterly and delayed: it shows US-listed long positions at the end of a quarter, filed up to 45 days later, and leaves out short positions, cash and holdings outside the US. Nothing on this page is investment advice.