Bill Ackman’s Hedge Fund Performance
Bill Ackman’s Pershing Square Capital Management has reported a cumulative net gain of 2,644% since its inception in January 2004, averaging annual gains of approximately 16%. This performance significantly outpaces the stock market, which has averaged about 11% over the same period. As of August 2023, Ackman’s net worth is estimated at $8.9 billion, according to Forbes.
Portfolio Highlights
As of June 30, 2023, Pershing Square’s portfolio consisted of only 14 holdings, reflecting a high concentration based on strong conviction in specific stocks. Notable holdings include Uber ($2.5 billion), Microsoft ($2.3 billion), and Amazon ($2.0 billion). Ackman has shown interest in companies like Netflix, Visa, and Mastercard, citing favorable valuations as a key factor for acquisition.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
