Billionaire Bill Ackman Has 45% of His Hedge Fund's $13.4 Billion Portfolio Invested in Just 3 Stocks

Bill Ackman likes to focus on just a few companies at a time. His hedge fund, Pershing Square Capital, invests in high-quality businesses with stocks that Ackman feels have become mispriced relative to their intrinsic value. He then uses his sway as a large shareholder to influence management and unlock value.Ackman's activist investor strategy requires a highly concentrated portfolio. He needs to buy enough of a company to have some say, and his attention and influence can only be spread so thin. As a result, over 45% of Pershing Square's $13.4 billion portfolio is invested in just three companies.Ackman's focus on long-term value makes all three of these stocks potential candidates for individual portfolios.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool