13 hedge funds and family offices disclose a BN position in their latest SEC 13F filing — combined $4.97B in market value. Of those, 5 are classified as value investors.
| # | Investor | Fund | Shares | Value | % of Portfolio | Filed |
|---|---|---|---|---|---|---|
| 1 | Bill Ackman | Pershing Square Capital Management, L.P. | 59,697,208 | $2.42B | 17.62% | 2026-03-31 |
| 2 | Stephen Mandel | Lone Pine Capital LLC | 15,923,360 | $730.7M | 5.37% | 2025-12-31 |
| 3 | Chuck Akre | Akre Capital Management, LLC | 17,027,077 | $689.1M | 11.27% | 2026-03-31 |
| 4 | Tom Gayner | Markel Group Inc. | 13,073,609 | $529.1M | 4.43% | 2026-03-31 |
| 5 | Daniel Loeb | Third Point LLC | 6,200,000 | $284.5M | 3.91% | 2025-12-31 |
| 6 | Viking Global | Viking Global Investors LP | 7,262,078 | $228.5M | 1.14% | 2022-12-31 |
| 7 | Mohnish Pabrai | Dalal Street, LLC | 772,579 | $25.2M | 20.76% | 2023-03-31 |
| 8 | Third Avenue Management | Third Avenue Management LLC | 548,119 | $25.2M | 4.57% | 2025-12-31 |
| 9 | Ray Dalio | Bridgewater Associates LP | 477,453 | $19.3M | 0.09% | 2026-03-31 |
| 10 | Stanley Druckenmiller | Duquesne Family Office LLC | 315,925 | $16.6M | 0.56% | 2025-03-31 |
| 11 | Prem Watsa | Fairfax Financial Holdings Ltd | 50,000 | $2.0M | 0.14% | 2023-12-31 |
| 12 | Lee Ainslie | Maverick Capital Ltd | 15,841 | $663K | 0.01% | 2024-03-31 |
| 13 | Francois Rochon | Giverny Capital Inc. | 14,671 | $459K | 0.02% | 2023-09-30 |
As of the latest 13F window, 13 tracked superinvestors hold BN. The largest disclosed position is Bill Ackman at $2.42B (17.6% of portfolio).
13F filings are due 45 days after each quarter end and capture long-equity positions held by U.S. institutional managers with $100M+ AUM. Use this page to see exactly who is buying BN, how concentrated each position is, and the implied conviction level relative to the rest of each investor's book.
Key takeaways
13 hedge funds and family offices disclose a BN position in their latest SEC 13F filing — combined $4.97B in market value. Of those, 5 are classified as value investors.
| # | Investor | Fund | Shares | Value | % of Portfolio | Filed |
|---|---|---|---|---|---|---|
| 1 | Bill Ackman | Pershing Square Capital Management, L.P. | 59,697,208 | $2.42B | 17.62% | 2026-03-31 |
| 2 | Stephen Mandel | Lone Pine Capital LLC | 15,923,360 | $730.7M | 5.37% | 2025-12-31 |
| 3 | Chuck Akre | Akre Capital Management, LLC | 17,027,077 | $689.1M | 11.27% | 2026-03-31 |
| 4 | Tom Gayner | Markel Group Inc. | 13,073,609 | $529.1M | 4.43% | 2026-03-31 |
| 5 | Daniel Loeb | Third Point LLC | 6,200,000 | $284.5M | 3.91% | 2025-12-31 |
| 6 | Viking Global | Viking Global Investors LP | 7,262,078 | $228.5M | 1.14% | 2022-12-31 |
| 7 | Mohnish Pabrai | Dalal Street, LLC | 772,579 | $25.2M | 20.76% | 2023-03-31 |
| 8 | Third Avenue Management | Third Avenue Management LLC | 548,119 | $25.2M | 4.57% | 2025-12-31 |
| 9 | Ray Dalio | Bridgewater Associates LP | 477,453 | $19.3M | 0.09% | 2026-03-31 |
| 10 | Stanley Druckenmiller | Duquesne Family Office LLC | 315,925 | $16.6M | 0.56% | 2025-03-31 |
| 11 | Prem Watsa | Fairfax Financial Holdings Ltd | 50,000 | $2.0M | 0.14% | 2023-12-31 |
| 12 | Lee Ainslie | Maverick Capital Ltd | 15,841 | $663K | 0.01% | 2024-03-31 |
| 13 | Francois Rochon | Giverny Capital Inc. | 14,671 | $459K | 0.02% | 2023-09-30 |
As of the latest 13F window, 13 tracked superinvestors hold BN. The largest disclosed position is Bill Ackman at $2.42B (17.6% of portfolio).
13F filings are due 45 days after each quarter end and capture long-equity positions held by U.S. institutional managers with $100M+ AUM. Use this page to see exactly who is buying BN, how concentrated each position is, and the implied conviction level relative to the rest of each investor's book.
Key takeaways
