Billionaire Bill Ackman Has 51% of His Hedge Fund's $14.4 Billion Portfolio Invested in Just 3 Exceptional Stocks

Bill Ackman likes to keep his hedge fund, Pershing Square Capital, invested in just a few high-conviction companies. Indeed, it's hard to generate market-beating returns if your investments are spread so thin your portfolio looks pretty similar to the overall stock market. But Ackman and his team hold stock in just 10 publicly traded companies.Ackman is willing to deploy billions of dollars at once to accumulate shares in his highest-conviction bets, and he likes to hold those stocks for a long time. As such, Pershing Square's monthly investor updates and quarterly disclosures with the SEC can be a great source of investing ideas. And Ackman's three best ideas right now account for more than half of Pershing Square's publicly traded portfolio.Here are Ackman's top three holdings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool