This is a routine initial ownership filing by a passive institutional investor. No trading signal. Monitor for any subsequent Form 4 filings that would indicate active buying or selling by TRS.
Price Chart
Executive Summary
Teacher Retirement System of Texas (TRS) filed a Form 3 initial statement of beneficial ownership, disclosing a 10,270,000 share stake in Pershing Square USA, Ltd. (PSUS) as of April 30, 2026. This is a routine insider ownership filing by a large institutional investor, not a new transaction.
Key Facts
- Teacher Retirement System of Texas filed Form 3 as a reporting owner of PSUS
- Disclosed beneficial ownership of 10,270,000 shares of PSUS Common Stock
- Ownership is indirect (D) — held through a fund or entity
- Filing date: May 6, 2026; period of report: April 30, 2026
- TRS is a large Texas public pension fund, not an activist or strategic investor
Financial Impact
10,270,000 shares of PSUS common stock — no dollar value disclosed
Risk Factors
- No material risk — this is a standard regulatory filing
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (Primary) | 0000796848-26-000004 |
| Document: 0000796848-26-000004-index.html | 0000796848-26-000004 |
| Document: 0000796848-26-000004.txt | 0000796848-26-000004 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 20, 2026 9w ago | Insider Cluster | $39.52 $39.40 | ▼ −0.30% | ▼ −1.42% | $37.63 (−4.77%) |
May 6, 2026 24w ago | 3 | $42.33 $42.24 | ▼ −0.21% | ▼ −1.72% | $37.63 (−11.09%) |
Apr 30, 2026 25w ago | 424B4 | $42.71 $42.79 | ▲ +0.19% | ▼ −1.54% | $37.63 (−11.88%) |
Apr 30, 2026 25w ago | Insider Cluster | $42.71 $42.79 | ▲ +0.19% | ▼ −1.54% | $37.63 (−11.88%) |
Apr 30, 2026 25w ago | Insider Cluster | $42.71 $42.79 | ▲ +0.19% | ▼ −1.54% | $37.63 (−11.88%) |
Apr 30, 2026 25w ago | Insider Cluster | $42.71 $42.79 | ▲ +0.19% | ▼ −1.54% | $37.63 (−11.88%) |
Apr 28, 2026 25w ago | 3 | $40.90 $42.79 | ▲ +4.62% | ▲ +1.51% | $37.63 (−7.98%) |
US Market Status
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