US EditionOver 40% of Bill Ackman's FTSE 100-listed fund is in these 3 top stocks
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Over 40% of Bill Ackman's FTSE 100-listed fund is in these 3 top stocks
Billionaire investor Bill Ackman isn’t a big fan of diversification in his FTSE 100-listed fund, Pershing Square Holdings. It’s currently invested in just 11 stocks, with just three making up roughly 41% of the portfolio! Ackman’s known for buying high-quality businesses during periods of fear or market overreaction. Here’s why he’s piled into this trio. AV anxiety At the end of March, Pershing Square’s largest holding was Uber (NYSE: UBER). It …
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