From Investor’s Business Daily: 2024-08-15 11:09:35

Bill Ackman’s Pershing Square made big moves in Q2, buying Nike and Brookfield while slashing positions in Chipotle and Alphabet. The hedge fund titan acquired over 3 million shares of Nike and 6.9 million shares of Brookfield. Despite Pershing Square’s adjustments, Chipotle remains a top holding. Ackman’s social media clout has grown, with endorsements and commentary on various issues. Additionally, the billionaire investor pulled the plug on an IPO for Pershing Square USA after a significant reduction in the fundraising goal. Ackman’s investment decisions have historically yielded market-beating returns.



Read more at Investor’s Business Daily: Bill Ackman’s Pershing Square Bought This Dow Laggard, Sold These Stocks| Investor’s Business Daily