Exited position

Bill Ackman’s Hilton Worldwide Hldgs Inc (HLT) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Pershing Square Capital ManagementVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ4 2018Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares13.79MHighest verified quarter-end share count
Quarters reported29Verified quarters with shares above zero
What happened?

Pershing Square Capital Management first reported Hilton Worldwide Hldgs Inc in Q4 2018. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Pershing Square Capital Management sold the entire position in Q1 2026, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q1 2026
Sold the entire position−3.03M shares · No shares reported at quarter-end
Q4 2025
Sold 0.06% of the position−1.91K shares · 3.03M shares remained
Filing context

Quarter-end price $287.25 · Estimated holding basis $81.61

Q2 2025
Bought 1.0% more+29.81K shares · 3.03M shares reported after the change
Filing context

Quarter-end price $266.34 · Estimated holding basis $81.61

Q1 2025
Sold 44.8% of the position−2.44M shares · 3.00M shares remained
Filing context

Quarter-end price $227.55 · Estimated holding basis $79.78

Q4 2024
Sold 26.2% of the position−1.93M shares · 5.44M shares remained
Filing context

Quarter-end price $247.16 · Estimated holding basis $79.78

Q3 2024
Sold 17.7% of the position−1.58M shares · 7.37M shares remained
Filing context

Quarter-end price $230.50 · Estimated holding basis $79.78

6 unchanged quarters are collapsed by default.

Portfolio importance

How important was Hilton Worldwide Hldgs Inc in Pershing Square Capital Management’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight5.4%Q4 2025
Last reported rank#8of 11 reported positions
Peak portfolio weight18.8%Q2 2024
Best historical rank#1Q2 2024
At peak importanceQ2 2024
HLT
18.8%
Largest holding
18.8%
Cross-investor discovery

Who else owns Hilton Worldwide Hldgs Inc?

Also reported by 2 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
HLT0.1% of reported portfolio
Ray DalioBridgewater Associates, LP
HLT0.0% of reported portfolio
Explore Hilton Worldwide Hldgs Inc across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$310.602026-09-14

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Pershing Square Capital Management’s Form 13F disclosures. It is not Bill Ackman’s personal brokerage account, and 13F filings do not reveal exact trade dates or execution prices.