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Pershing Square’s Breakout 2025: Ackman’s Net Worth, Gains, and PSHZF Stock Surge

Bill Ackman Pershing Square Performance 2025
Bill Ackman’s Pershing Square Holdings delivered 25.3% returns in 2025, driven by Fannie Mae and Freddie Mac gains.

Strong Returns vs. S&P 500

According to Livemint, Pershing Square Holdings posted a 25.3% year-to-date return, significantly outpacing the S&P 500 Index, which rose 11.7% during the same period.

Bill Ackman’s Net Worth Doubles

Hedge fund manager Bill Ackman saw his net worth nearly double to $9.2 billion in 2025, thanks to Pershing Square’s performance. Much of this growth is tied to Ackman’s concentrated positions in financials and growth companies.

Fannie Mae & Freddie Mac Drive Gains

Two of Ackman’s largest bets, Fannie Mae and Freddie Mac, have surged in 2025—rising about 350% and 300% respectively. Pershing Square reportedly holds over 180 million shares combined, netting over $2 billion in profit.

PSHZF Stock Hits New High

MarketBeat reports that Pershing Square’s OTC-listed shares (PSHZF) reached a 52-week high of $62.50, closing at $61.86. The fund currently trades at a discount to its NAV of $16 billion.

Concentrated Portfolio Strategy

Pershing Square’s holdings include Uber, Alphabet, Brookfield Asset Management, and Restaurant Brands International. Ackman has shifted away from short-selling, favoring durable, high-conviction bets.

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