Pershing Square Capital Management, L.P.: BROOKFIELD CORP (BN): Quarterly 13F Position History
As of Q1 2026, Pershing Square Capital Management, L.P. reported 59,697,208 shares of BROOKFIELD CORP (BN), worth $2.4B and representing 17.6% of its 13F equity book. Quarter-over-quarter share count change: 1,705,881 (-2.8%) . The position first appeared in Q2 2024 and has been disclosed across 8 13F-HR filings in Pactolio's tracked window.
- 59,697,208Shares Held (Latest Filing)
- $2.4BReported Market Value (Latest Filing)
- 17.6%Portfolio Weight (% of 13F Equity Book)
- 1,705,881Quarter-over-Quarter Share Change
- -$401.8MQuarter-over-Quarter Value Change
- 61,403,089Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 8 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 59,697,208 | 1,705,881 | -2.8% | $2.4B | 17.6% | $40.5 |
| Q4 2025 | 61,403,089 | +20,382,858 | +49.7% | $2.8B | 18.1% | $45.9 |
| Q3 2025 | 41,020,231 | 140,166 | -0.3% | $2.8B | 19.2% | $68.6 |
| Q2 2025 | 41,160,397 | +155,740 | +0.4% | $2.5B | 18.5% | $61.9 |
| Q1 2025 | 41,004,657 | +6,111,593 | +17.5% | $2.1B | 18.0% | $52.4 |
| Q4 2024 | 34,893,064 | +2,157,181 | +6.6% | $2.0B | 15.9% | $57.5 |
| Q3 2024 | 32,735,883 | +25,881,373 | +377.6% | $1.7B | 13.5% | $53.1 |
| Q2 2024 | 6,854,510 | — | — | $284.7M | 2.7% | $41.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Pershing Square Capital Management, L.P. first disclose a BN position in 13F-HR filings?
Pershing Square Capital Management, L.P. first reported BROOKFIELD CORP (BN) on its 13F-HR filing for the period ending 2024-06-30 (Q2 2024). The position has appeared on 8 reported quarters within Pactolio's tracked window.
What was Pershing Square Capital Management, L.P.'s most recent quarter-over-quarter share-count change in BN?
Between Q4 2025 and Q1 2026, Pershing Square Capital Management, L.P. reduced its BN position by 1,705,881 shares (-2.8%), leaving 59,697,208 shares at a market value of $2.4B.
Does the implied price-per-share represent Pershing Square Capital Management, L.P.'s cost basis in BN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.