Billionaire Bill Ackman Has 13% of Pershing Square Capital Management's $19 Billion Hedge Fund in 1 Stock That's 31% Below Its 52-Week High
The famed investor is bullish on one of the most impressive success stories in the mobile era.
Overview
Bill Ackman's investment approach is to own high-quality businesses for the long haul. The hedge fund firm he founded more than two decades ago, called Pershing Square Capital Management, deploys this strategy with a concentrated portfolio. Retail investors can follow closely to find potential buying opportunities.
In January 2025, the billionaire investor started building a stake in a disruptive business. This growth stock now represents 12.7% of the entire $19 billion portfolio, making it the single largest holding. Ackman is sticking to his conviction, even though shares trade 31% below their 52-week high (as of Sept. 17).
Details
Let's unpack what catalysts make this a worthy investment candidate before addressing the biggest risk factor and point of uncertainty.
Source
Originally published at www.fool.com.