Form D · Hedge Fund

Pershing Square, L.P.

New York, NY · CIK 0001313682

Offering snapshot reported Jun 16, 2026 · SEC filing

Reported sold
$6.4B
Indefinite offering
Investors reported
672
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jan 1, 2004
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$3.2B$6.4BMar 15, 2010: $2,161,189,820.00Mar 15, 2010Mar 15, 2011: $3,374,008,656.00Mar 15, 2012: $4,229,578,379.00Mar 15, 2013: $4,681,641,760.00Mar 17, 2014: $5,074,011,111.00Nov 12, 2014: $5,330,616,751.00Nov 12, 2015: $5,704,920,086.00Nov 10, 2016: $5,758,932,393.00Nov 9, 2017: $5,772,002,812.00Nov 9, 2018: $5,774,652,155.00Jun 28, 2019: $5,784,872,403.00Jun 18, 2020: $5,797,044,883.00Jun 21, 2021: $5,832,794,263.00Jun 15, 2022: $6,217,161,534.00Jun 15, 2023: $6,243,876,534.00Jun 12, 2024: $6,255,836,534.00Jun 9, 2025: $6,353,976,534.00Jun 16, 2026: $6,396,076,037.00Jun 16, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$6,353,976,534 → $6,396,076,037
  • Reported investors664 → 672

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 16, 2026Amendment$6,396,076,037$42,099,503vs Jun 9, 2025672SEC filing
Jun 9, 2025Amendment$6,353,976,534$98,140,000vs Jun 12, 2024664SEC filing
Jun 12, 2024Amendment$6,255,836,534$11,960,000vs Jun 15, 2023661SEC filing
Jun 15, 2023Amendment$6,243,876,534$26,715,000vs Jun 15, 2022659SEC filing
Jun 15, 2022Amendment$6,217,161,534$384,367,271vs Jun 21, 2021655SEC filing
Jun 21, 2021Amendment$5,832,794,263$127,874,177vs Nov 12, 2015649SEC filing
Jun 18, 2020Amendment$5,797,044,883$12,172,480vs Jun 28, 2019645SEC filing
Jun 28, 2019Amendment$5,784,872,403$10,220,248vs Nov 9, 2018645SEC filing
Nov 9, 2018Amendment$5,774,652,155$2,649,343vs Nov 9, 2017645SEC filing
Nov 9, 2017Amendment$5,772,002,812$13,070,419vs Nov 10, 2016643SEC filing
Nov 10, 2016Amendment$5,758,932,393$54,012,307vs Nov 12, 2015640SEC filing
Nov 12, 2015Amendment$5,704,920,086$374,303,335vs Nov 12, 2014631SEC filing
Nov 12, 2014Amendment$5,330,616,751$256,605,640vs Mar 17, 2014569SEC filing
Mar 17, 2014Amendment$5,074,011,111$392,369,351vs Mar 15, 2013549SEC filing
Mar 15, 2013Amendment$4,681,641,760$452,063,381vs Mar 15, 2012530SEC filing
Mar 15, 2012Amendment$4,229,578,379$855,569,723vs Mar 15, 2011500SEC filing
Mar 15, 2011Amendment$3,374,008,656$1,212,818,836vs Mar 15, 2010436SEC filing
Mar 15, 2010Amendment$2,161,189,820No comparison282SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06c, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-86232

Source: Form D, filed Jun 16, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

PERSHING SQUARE, L.P.

Investment adviser: PERSHING SQUARE CAPITAL MANAGEMENT, L.P.

Gross asset value
$1.13B
Beneficial owners
83
ADV minimum commitment
$5M

Reported in Form ADV on Jun 3, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian BNY MELLON INVESTMENT SERVICING (US) INC. WILMINGTON, Delaware, United States Related to adviser: No Other funds reporting this name →
Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

GOLDMAN SACHS & CO. LLC
SEC 8-129

UBS SECURITIES LLC
SEC 8-22651

Fund asset history · 5 annual observations Gross asset value by annual ADV filing$0$723M$1.45BFY 2021: $1,388,036,603.00FY 2021FY 2022: $1,285,385,824.00FY 2022FY 2023: $1,445,867,557.00FY 2023FY 2024: $1,443,867,201.00FY 2024FY 2025: $1,428,656,189.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2021$1,388,036,603114Mar 31, 2022
2022$1,285,385,824116Mar 30, 2023
2023$1,445,867,557112Mar 28, 2024
2024$1,443,867,201109Mar 28, 2025
2025$1,428,656,18979Mar 30, 2026
Filing source

Form ADV 2094769 · Jun 3, 2026 · Schedule D 7.B.(1), fund 805-5668139393

Reported by PERSHING SQUARE CAPITAL MANAGEMENT, L.P. (CRD 132982).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
William A. Ackman Executive
Pershing Square Gp, Llc Pershing Square Gp, Llc Executive
Pershing Square Gp, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
787 Eleventh Avenue 9th Floor
New York, NY, 10019