Billionaire Bill Ackman Just Invested 5% of Pershing Square Capital Management's Portfolio in Netflix. Should Investors Follow Suit?
While the business has been delivering dependable growth, the stock has been crushed, creating an enticing opportunity.
Overview
When it comes to investing pedigree, Bill Ackman has earned his stripes. The well-known activist investor heads up Pershing Square Capital Management -- the hedge fund he founded -- with roughly $23 billion in assets under management. His hedge fund strategy is unique. He acquires sizeable stakes in just a few stocks and holds them for years. That approach has been remarkably successful. Pershing Square gained 34% in 2025, doubling the 17% gains of the S&P 500. That's not a one-off. Over the past eight years, Pershing has returned 23% annually, far outpacing the S&P's 14% gains.
Thanks to his impressive track record, investors pay close attention when Ackman adds a stock to Pershing Square's portfolio. He turned heads this week when he revealed a sizeable stake in streaming giant Netflix (NASDAQ:NFLX).
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Originally published at www.fool.com.