Billionaire Bill Ackman Has 21% of His Hedge Fund's $13.7 Billion Portfolio Invested in Just 1 Stock

Bill Ackman is a well-known hedge fund manager who runs Pershing Square Capital Management, the firm he founded in 2004. His strategy emphasizes buying attractively priced shares in what he and his team believe are high-quality companies. The goal is to create a concentrated portfolio and to own these names for several yearsThe billionaire has almost 21% of his $13.7 billion hedge fund in just one stock (based on data from June 30). Continue reading to learn what this top position is and what makes it a special business. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool