Vault-13

PERSHING SQUARE INC PS

COMMON STOCK · Common Stock · CUSIP 71531U102

58 institutional holders
20,206,87120.2m shares reported held*
5.1% of all shares outstanding*
$662.9mreported value*

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 400.0m as of 2026-05-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $32.80. Options: 5 managers hold calls ($7.5m notional), 6 hold puts ($12.0m).

Trends to Q2 2026

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $7.5mQ2 26 puts: $12.0mQ2 26P/C 1.60
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$7.5m$12.0m1.60

Biggest buyers

Consulta Ltd New +8,558,954+8.6m
MENORA MIVTACHIM HOLDINGS LTD. New +3,320,526+3.3m
TEACHER RETIREMENT SYSTEM OF TEXAS New +3,054,000+3.1m
Harel Insurance Investments & Financial Services Ltd. New +1,080,000+1.1m
RIVERNORTH CAPITAL MANAGEMENT, LLC New +450,000+450.0k
Migdal Insurance & Financial Holdings Ltd. New +450,000+450.0k
MILLENNIUM MANAGEMENT LLC New +415,055+415.1k
BAUPOST GROUP LLC/MA New +392,000+392.0k
Alberta Investment Management Corp New +352,968+353.0k
UBS Group AG New +342,037+342.0k

Biggest sellers

None

Biggest calls

CITADEL ADVISORS LLC New $4.1m124.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.4m73.1k shares
JANE STREET GROUP, LLC New $561.9k17.1k shares
GROUP ONE TRADING LLC New $341.7k10.4k shares
SIMPLEX TRADING, LLC New $121.6k3.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $8.0m243.9k shares
CITADEL ADVISORS LLC New $1.5m45.2k shares
JANE STREET GROUP, LLC New $1.3m39.6k shares
Ionic Capital Management LLC New $548.8k16.7k shares
SIMPLEX TRADING, LLC New $361.5k11.0k shares
GROUP ONE TRADING LLC New $308.9k9.4k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Pershing Square Management, LLC 13G · exempt (held before listing) new · filed 2026-08-14 75.1% new 300.3m≈ $9.9bn 2026-08-14
ACKMAN WILLIAM A 13G · exempt (held before listing) new · filed 2026-08-14 45.3% new 181.3m≈ $6.0bn 2026-08-14
ISRAEL RYAN 13G · exempt (held before listing) new · filed 2026-08-14 7.8% new 31.1m≈ $1.0bn 2026-08-14

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 1 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20261$19.0m0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-04-30 ACKMAN WILLIAM A +1 CEO & Chairman, director Bought 741,302 $23.74 $17.6m741.3k shares +106%
2026-04-30 ACKMAN WILLIAM A +1 CEO & Chairman, director Bought 58,698 $24.20 $1.4m58.7k shares +4%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Consulta Ltd 10.15% of their portfolio LONDON, X0 8,558,9548.6m $281.2m $281.2m 10.15% New
2 MENORA MIVTACHIM HOLDINGS LTD. 0.43% of their portfolio Ramat Gan, L3 3,320,5263.3m $109.1m $109.1m 0.43% New
3 TEACHER RETIREMENT SYSTEM OF TEXAS 0.27% of their portfolio AUSTIN, TX 3,054,0003.1m $100.4m $100.4m 0.27% New
4 Harel Insurance Investments & Financial Services Ltd. 0.17% of their portfolio Ramat Gan, L3 1,080,0001.1m $34.4m $34.4m 0.17% New
5 Migdal Insurance & Financial Holdings Ltd. 0.09% of their portfolio Petach Tikva, L3 450,000450.0k $14.8m $14.8m 0.09% New
6 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.70% of their portfolio WEST PALM BEACH, FL 450,000450.0k $14.8m $14.8m 0.70% New
7 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 415,055415.1k $13.6m $13.6m 0.01% New
8 BAUPOST GROUP LLC/MA 0.24% of their portfolio BOSTON, MA 392,000392.0k $12.9m $12.9m 0.24% New
9 Alberta Investment Management Corp 0.07% of their portfolio EDMONTON, A0 352,968353.0k $11.6m $11.6m 0.07% New
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 342,037342.0k $11.2m $11.2m 0.00% New
11 Clal Insurance Enterprises Holdings Ltd 0.04% of their portfolio Tel-aviv, L3 300,000300.0k $9.9m $9.9m 0.04% New
12 Williams Jones Wealth Management, LLC. 0.07% of their portfolio NEW YORK, NY 198,998199.0k $6.5m $6.5m 0.07% New
13 MARK ASSET MANAGEMENT LP 0.53% of their portfolio New York, NY 160,433160.4k $5.3m $5.3m 0.53% New
14 SCOGGIN MANAGEMENT LP 1.21% of their portfolio NEW YORK, NY 155,000155.0k $5.1m $5.1m 1.21% New
15 EQUITEC PROPRIETARY MARKETS, LLC 0.95% of their portfolio CHICAGO, IL 116,500116.5k $3.8m $3.8m 0.95% New
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 104,042104.0k $3.4m $3.4m 0.00% New
17 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 87,96888.0k $2.9m $2.9m 0.01% New
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 66,19566.2k $2.2m $2.2m 0.00% New
19 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 61,63361.6k $2.0m $2.0m 0.00% New
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 60,75860.8k $2.0m $2.0m 0.00% New
21 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 51,80051.8k $1.7m $1.7m 0.01% New
22 Proficio Capital Partners LLC 0.05% of their portfolio NEWTON, MA 44,40044.4k $1.5m $1.5m 0.05% New
23 Sage Investment Counsel LLC 1.24% of their portfolio Franklin, TN 37,77037.8k $1.2m $1.2m 1.24% New
24 Woodline Partners LP 0.00% of their portfolio San Francisco, CA 32,04832.0k $1.1m $1.1m 0.00% New
25 LMR Partners LLP 0.01% of their portfolio LONDON, X0 30,00030.0k $985.8k $985.8k 0.01% New
26 SALEM INVESTMENT COUNSELORS INC 0.02% of their portfolio WINSTON-SALEM, NC 25,52025.5k $838.6k $838.6k 0.02% New
27 READYSTATE ASSET MANAGEMENT LP 0.03% of their portfolio CHICAGO, IL 25,00025.0k $821.5k $821.5k 0.03% New
28 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 24,16624.2k $775.0k $775.0k 0.00% New
29 Banco BTG Pactual S.A. 0.08% of their portfolio RIO DE JANEIRO, D5 18,52518.5k $608.7k $608.7k 0.08% New
30 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 16,38216.4k $538.3k $538.3k 0.01% New
31 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 16,10016.1k $529.0k $529.0k 0.01% New
32 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 15,80315.8k $519.3k $519.3k 0.00% New
33 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,49615.5k $509.2k $509.2k 0.00% New
34 SFMG, LLC 0.03% of their portfolio PLANO, TX 14,83314.8k $487.4k $487.4k 0.03% New
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,57512.6k $413.0k $413.0k 0.00% New
36 Permanens Capital L.P. 0.04% of their portfolio NEW YORK, NY 11,60311.6k $381.3k $381.3k 0.04% New
37 CORRADO ADVISORS, LLC 0.17% of their portfolio RAMSEY, NJ 11,04011.0k $362.8k $362.8k 0.17% New
38 Rangeley Capital, LLC 0.34% of their portfolio NEW CANAAN, CT 11,00011.0k $361.5k $361.5k 0.34% New
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,3399.3k $306.9k $306.9k 0.00% New
40 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 9,1809.2k $301.7k $301.7k 0.01% New
41 Inscription Capital, LLC 0.02% of their portfolio HOUSTON, TX 8,5008.5k $279.3k $279.3k 0.02% New
42 HOHIMER WEALTH MANAGEMENT, LLC 0.03% of their portfolio SEATTLE, WA 8,0008.0k $262.9k $262.9k 0.03% New
43 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 6,5006.5k $213.6k $213.6k 0.00% New
44 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 5,7525.8k $203.5k $203.5k 0.00% New
45 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 4,0264.0k $132.3k $132.3k 0.00% New
46 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,7833.8k $124.3k $124.3k 0.00% New
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,5503.5k $116.7k $116.7k 0.00% New
48 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 2,3202.3k $76.2k $76.2k 0.00% New
49 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 1,0991.1k $36.1k $36.1k 0.00% New
50 FNY Investment Advisers, LLC 0.01% of their portfolio NEW YORK, NY 950950 $31.0k $31.0k 0.01% New
51 SouthState Bank Corp 0.00% of their portfolio Winter Haven, FL 750750 $24.6k $24.6k 0.00% New
52 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 500500 $16.4k $16.4k 0.00% New
53 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 450450 $14.6k $14.6k 0.00% New
54 Asset Planning,Inc 0.01% of their portfolio LOS ALAMITOS, CA 400400 $13.1k $13.1k 0.01% New
55 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 220220 $6.9k $6.9k 0.00% New
56 Lodestone Wealth Management LLC 0.00% of their portfolio SPOKANE, WA 215215 $7.1k $7.1k 0.00% New
57 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 113113 $3.7k $3.7k 0.00% New
58 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 9696 $3.2k $3.2k 0.00% New