Bill Ackman Invests $1.27 Billion in Amazon and Increases Stakes in Google and Other Companies

Billionaire investor Bill Ackman's firm, Pershing Square Capital Management, has invested over $1.27 billion in Amazon, adding to its existing stakes in Alphabet, Hilton Worldwide Holdings, and Hertz Global Holdings. Ackman has also completely liquidated its position in Canadian Pacific Kansas City. The move reflects Ackman's confidence in Amazon's growth and profitability potential, while the sell-off in Canadian Pacific Kansas City may indicate a shift in investment strategy.

Billionaire investor Bill Ackman's firm, Pershing Square Capital Management, has made a significant investment in Amazon, pouring over $1.27 billion into the e-commerce giant in just three months. This substantial investment, totaling 5,823,316 shares, accounts for nearly 10% of the firm's $13.7 billion total assets under management [1].

Ackman's move is part of a broader strategy to increase stakes in tech and hospitality sectors. Pershing Square also boosted its holdings in Alphabet Inc. (GOOGL), Hilton Worldwide Holdings Inc. (HLT), and Hertz Global Holdings Inc. (HTZ). The firm liquidated its position in Canadian Pacific Kansas City (CP) completely, a decision that could signal a shift in investment strategy [1].

The investment in Amazon reflects Ackman's confidence in the company's growth and profitability potential. Amazon's use of artificial intelligence (AI) to enhance its logistics network and advertising unit has driven strong operating leverage. The company's North American segment saw revenue rise by 8% and operating income increase by 16% last quarter [2].

Amazon's cloud computing division, AWS, remains a key growth driver. With a 30% share of the cloud infrastructure market, AWS continues to grow rapidly, with revenue climbing 17.5% last quarter to $30.9 billion [2].

Ackman's increased stake in Alphabet Inc. (GOOGL) is also notable. The hedge fund's total stake in Alphabet, including both Class A and Class C shares, increased by 8.6% to almost 10.8 million shares, making it the third-largest holding in the portfolio [2].

Alphabet's AI integration into its products and services, such as Google Search and Google Lens, has shown promise. The company's cloud computing division, Google Cloud, also saw revenue jump by 32% in Q2, driven by strong operating leverage [2].

Ackman's investments in Amazon and Alphabet reflect his belief in their long-term growth potential. His strategy of liquidating positions in Canadian Pacific Kansas City may indicate a shift in focus towards more promising opportunities in tech and hospitality sectors.

References:
[1] https://www.benzinga.com/markets/emerging-markets/25/08/47298167/bill-ackman-invests-1-27-billion-in-amazon-adds-to-google-and-more
[2] https://www.fool.com/investing/2025/08/23/this-billionaire-was-scooping-up-shares-of-amazon/