Bill Ackman's Pershing Square Takes New Stake in Amazon, Increases Alphabet Holdings in Q2 Moves

Saturday, Aug 16, 2025 2:18 am ET1min read

Pershing Square Capital Management, led by billionaire investor Bill Ackman, has disclosed its Q2 2025 moves, including a new stake in Amazon and an increased position in Alphabet. The fund also made other investments and divestments during the quarter.

Legendary investor Bill Ackman's Pershing Square Capital Management has disclosed its Q2 2025 portfolio changes, revealing a new stake in Amazon and an increased position in Alphabet. The fund also made other investments and divestments during the quarter.

According to the latest 13F filing, Pershing Square added 5.82 million shares of Amazon.com Inc. (NASDAQ:AMZN) to its portfolio, making it one of the top five holdings. This new addition represents a significant increase in the hedge fund's exposure to the tech and e-commerce giant [1]. The move follows Amazon's Q2 2025 beat on revenue and earnings, despite mixed growth expectations for AWS [2].

Additionally, Pershing Square boosted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 21%, increasing its stake to 5.4 million shares. This move underscores Ackman's conviction in the search, cloud, and AI dominance of the tech giant [3].

Other notable investments include increased stakes in Hertz Global Holdings (NASDAQ:HTZ) and Hilton Worldwide (NYSE:HLT). The fund also incrementally added to its significant position in Brookfield Corp (NYSE:BN) [1].

Meanwhile, Pershing Square completely exited its position in Canadian Pacific Kansas City Ltd. (CP.TO), reflecting a strategic shift in the portfolio [1].

As of June 30, 2025, Uber Technologies Inc. (NYSE:UBER) remains the largest holding in the portfolio, followed by Brookfield Corp. The combined stakes in Alphabet Class A and Class C would rank third in the portfolio. The new purchase of Amazon makes the e-commerce giant one of the top five holdings [1].

In conclusion, Bill Ackman's Q2 2025 13F filing demonstrates his continued focus on tech, e-commerce, and mobility sectors. The hedge fund's increased stakes in Amazon and Alphabet, along with its strong position in Uber, reflect Ackman's confidence in these growth-oriented companies [1].

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-ackman-loads-amazon-174755865.html

Bill Ackman's Pershing Square Takes New Stake in Amazon, Increases Alphabet Holdings in Q2 Moves

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