A dive inside the Pershing Square portfolio shows Bill Ackman making a highly concentrated bet on six stocks, with simple and straightforward businesses like hotels and restaurant chains such as Chipotle Mexican Grill among the top holdings. Only one of the six holdings is a technology stock — Google-parent Alphabet. Ackman, the head of the Pershing Square hedge fund, picked up Google stock in the first quarter of 2023, when shares had fallen to a two-year low, staying true to his image as more of a value investor than many of his peers. Read More...
A dive inside the Pershing Square portfolio shows Bill Ackman making a highly concentrated bet on six stocks, with simple and straightforward businesses like hotels and restaurant chains such as Chipotle Mexican Grill among the top holdings. Only one of the six holdings is a technology stock — Google-parent Alphabet. Ackman, the head of the Pershing Square hedge fund, picked up Google stock in the first quarter of 2023, when shares had fallen to a two-year low, staying true to his image as more of a value investor than many of his peers.
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