Legendary investor Bill Ackman increased his bets on several Magnificent Seven stocks, according to a 13F filing released Thursday. Ackman’s Pershing Square Capital Management disclosed a new stake in Amazon.com Inc. during the second quarter. The hedge fund also increased positions in Alphabet Inc Class A, Hertz Global Holdings, and Hilton Worldwide Holdings. Ackman and Pershing exited their position in Canadian Pacific Kansas City. Uber remains Ackman’s largest stock holding, with Brookfield Corporation following closely behind. Amazon now ranks among the top five holdings in the portfolio.
Read more at Yahoo Finance: Pershing Square Q2 Portfolio Revealed
