Bill Ackman's position in Amazon.com is currently worth $2.77B. It makes up 19.07% of their stock portfolio and is their biggest holding. The stake costed the investor $2.43B, netting the investor a gain of 14% so far.
Billionaire investor Bill Ackman of Pershing Square has laid out one of the more provocative big-cap calls of this AI cycle.
Pershing Square's lead investor made some big moves among the "Magnificent Seven."
Bill Ackman counts Microsoft, Meta Platforms, Amazon and Google among the holdings of his hedge fund Pershing Square Capital Management.
Although Wall Street has spent the better part of two years lecturing investors that the AI trade is crowded, the capex bill is unpayable, and the mega-caps ...