This Billionaire Just Dumped Chipotle and Bought Meta – And He’s STILL Not Happy

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Bill Ackman, the man who probably owns a horse farm in the middle of nowhere, just scooped up a whopping 2.67 million shares of what they call a “magnificent seven” stock. And he’s proud of it, like it’s the big secret he keeps from the rest of us.

The latest 13‑F filing with the SEC says his boutique Pershing Square Capital Management tacked on $1.76 billion worth of Meta Platforms, or META, in Q4 of 2025. Because filing paperwork is also a fashion statement, isn’t it?

At the time of writing, META – the parent of Facebook and Instagram, basically the social media gods – is hovering around $643. It’s down over 10% in the past year, so yikes. Somewhere over a thousand investors say, “What the heck?”

Now, because he’s all about that balance sheet, Ackman’s firm decided to unload the entire stake in Chipotle Mexican Grill, a.k.a. the place where a papercut is some kind of life’s crisis. He sold all 21,541,177 shares he held in Q4 2025, after that last quarter’s revelation of a tasty $844,198,000 worth of shares.

Chipotle’s shares were trading for about $38, down a massive 29% in the past year. Inflation, right? Or is it just that people are now only eating burrito rice because the cows are gone?

Oh, and he didn’t stop there. Pershing Square trimmed out its exposure to Alphabet (GOOG), Uber (UBER), and Restaurant Brands International Inc (QSR) between Q3 and Q4 of the prior year.

First, he cut Alphabet’s Class C shares by 160,160, now owning 6,163,871 shares worth $1,934,222,000. And he dived off the Class A shares by 4,165,676, leaving 678,297 shares worth $212,306,000. Alphabet is currently at $303, up over 63% this year. Which is great if you’re a Google employee listening to this on a break.

Then comes Uber. He sold 62,784 shares, leaving 30,207,734 shares worth $2,468,273,000. Uber’s stock is around $72-down more than 10% over the year. Probably not a reason to drive any more Uber’s lately.

Finally, QSR, the parent of Tim Hortons, Burger King, Popeyes, and Firehouse Subs-so many bad decisions. Pershing sliced 48,723 shares, leaving 22,866,773 shares worth $1,560,199,000. QSR is trading at about $68, up nearly 7% this year. A business like a hot dog stand that’s actually doing okay.

By the way, Pershing Square currently manages a solid $15.5 billion in assets. Think that’s impressive? It’s impressive to people who know what they’re doing. And to disbelief, it’s what makes the headlines like yours.

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2026-02-19 11:21