Bill Ackman Boosts Bets on Magnificent 7 Stocks: Pershing Square Q2 Portfolio Revealed

Bill Ackman's Pershing Square Capital Management revealed its Q2 portfolio, showing new investments in Amazon.com and increased stakes in Alphabet Inc, Hertz Global Holdings, Hilton Worldwide Holdings, and Brookfield Corporation. Ackman's top holdings include Uber Technologies, Brookfield Corporation, Restaurant Brands International, and Amazon.com.

Bill Ackman's Pershing Square Capital Management has disclosed its Q2 portfolio, highlighting new investments and increased stakes in several key stocks. The hedge fund's latest 13F filing reveals that Ackman has bolstered his position in Amazon.com Inc. (NASDAQ:AMZN) and Alphabet Inc. (NASDAQ:GOOGL), while also increasing stakes in Hertz Global Holdings (NASDAQ:HTZ), Hilton Worldwide Holdings (NYSE:HLT), and Brookfield Corporation (BN.TO) [1].

Pershing Square's Q2 portfolio shows a significant focus on technology and e-commerce giants. Ackman's top holdings include Uber Technologies (NYSE:UBER), Brookfield Corporation (BN.TO), Restaurant Brands International (NYSE:QSR), and Amazon.com Inc. (NASDAQ:AMZN). Uber remains Ackman's largest holding, followed by Brookfield Corporation [2].

The hedge fund's new purchase of Amazon.com Inc. (NASDAQ:AMZN) positions the e-commerce giant as one of the top five holdings in the portfolio. Pershing Square also increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 21% during the second quarter, reflecting Ackman's continued confidence in the search engine and advertising giant [1].

In addition to these new investments, Ackman has exited his position in Canadian Pacific Kansas City (NYSE:CP), a railway operator. The fund's latest moves indicate a strategic shift towards technology and consumer staples sectors [2].

Bill Ackman's Pershing Square Capital Management continues to demonstrate a long-term investment strategy, focusing on companies with strong growth prospects. The hedge fund's latest portfolio changes reflect Ackman's belief in the potential of technology and e-commerce giants, as well as his interest in consumer staples and real estate sectors [3].

References:
[1] https://finance.yahoo.com/news/bill-ackman-bets-2-magnificent-212245570.html
[2] https://seekingalpha.com/news/4485742-bill-ackmans-pershing-square-takes-new-stake-in-amazon-ups-alphabet-in-q2-moves
[3] https://finance.yahoo.com/news/billionaire-bill-ackmans-5-biggest-120000057.html