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Pershing Square stock portfolioInvestor's Business Daily
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78% Informative
Bill Ackman's Pershing Square Capital Management announced a 10% stake sale in the activist hedge fund for $1.05 billion to an investor consortium.
The firm could go public in 2025 or 2026 at a $10.5 billion valuation.
Only one of the six holdings is a technology stock — Google -parent Alphabet (GOOGL).
Over the past 20-plus years ended March 19 , the Pershing Square portfolio has delivered a 16.5% compound annual return vs. a 10% gain for the S&P 500 index, according to the investment firm's latest annual report. It has lagged the index more recently. YOU MAY ALSO LIKE:.
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