- Bill Ackman of Pershing Square Holdings made significant moves in his portfolio in 2025, with three key bets carrying high conviction into 2026. These bets include investments in Uber Technologies, Howard Hughes Holdings, and Amazon.
- Ackman’s investment in Uber Technologies has paid off well, with the stock up 50% year to date. He sees Uber as a leader in demand aggregation for mobility services and anticipates strong earnings growth. His investment in Nike, however, has yet to yield returns despite signs of progress under new CEO Elliott Hill.
- In April 2025, Ackman purchased 5.8 million shares of Amazon amid a sell-off, highlighting the company’s strong core businesses in online retail and cloud computing. Amazon’s operational excellence and growth potential make it a long-term investment for Ackman, despite the stock trading at a slight premium to his initial purchase price.
Read more at Nasdaq: Here Are Billionaire Bill Ackman’s 3 Biggest Bets From This Year, and How He’s Positioned Going Into 2026