Bill Ackman is not known for owning dozens of names. He builds concentrated portfolios and lets the weight speak for conviction. In Q2 2025, Uber remains his top position, followed by Brookfield, Restaurant Brands, and a new entry — Amazon. Together, these four make up over half the portfolio. Also notable is the return of media and brand plays, including Universal Music Group and Hilton. Ackman’s positions reflect structural trends around platforms, urban revival, and real estate monetisation. His average holding period is long. His sizing is deliberate. When Ackman adds something, it usually comes with a thesis that plays out in years, not quarters. 👇 Which of these names do you think fits that kind of timeline? #BillAckman #PershingSquare #13F #Q22025 #HighConviction #ConcentratedPortfolio #SmartMoney #TopHoldings #ThirteenF #NotFinancialAdvice — 🔍 Follow @ThirteenF to see how the biggest names in the business allocate capital, one filing at a time. Disclaimer: This post is based on publicly available 13F filings for Q2 2025 and is for informational and educational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities. These filings reflect historical positions and may not represent current holdings. Always perform your own due diligence or consult a licensed financial advisor before making investment decisions.