Pershing Square Capital holds 60% of its $10B portfolio in Alphabet, Chipotle, and Hilton.
Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, holds 60% of its $10 billion portfolio in just three stocks: Alphabet (Google), Chipotle, and Hilton. Alphabet benefits from AI growth, Chipotle experiences strong sales and new location openings, while Hilton, the world's largest hotelier, emerges from pandemic slowdown with portfolio expansion. However, these stocks may have reached high valuations.
August 10, 2024
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