Pershing Square Capital Management — META

How Pershing Square Capital Management's position in Meta Platforms Inc. changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	2,660,861	$1,522,358,404	11.1%	TRIM
Q4 2025	2,673,569	$1,764,796,161	11.37%	NEW