Billionaire Bill Ackman Bought These 2 Dividend Stocks Hand Over Fist in Q3

Diversification, schmiversification. That seems to be the attitude of billionaire hedge fund manager Bill Ackman. His Pershing Square Capital Management owns a total of 10 stocks. Two of those stocks are different share classes of the same company -- Alphabet.Ackman didn't initiate any new positions in the third quarter of 2024. However, he did buy more of two dividend stocks hand over fist. Going into Q3, Brookfield Corporation (NYSE: BN) wasn't anywhere close to being Ackman's largest holding. But the global investment company stood at the top by the end of the quarter (at least, if we don't lump his stakes in Alphabet Class A and Class C shares together).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool