Bill Ackman has made his biggest portfolio overhaul in years, adding six companies to Pershing Square’s holdings as the billionaire investor broadens his exposure to businesses he expects to deliver strong earnings growth, according to a report by Reuters.
The new positions include streaming giant Netflix, payments groups Visa and Mastercard, eye-care company Alcon, exchange operator Intercontinental Exchange and financial information provider S&P Global. Ackman said the purchases began duri...
Continue Reading
Sign up for FREE to read the full article and access 151K+ alternative investment headlines.