Billionaire Bill Ackman Has 55% of His Hedge Fund's $15.8 Billion Portfolio Held in Just 3 Spectacular Stocks

Bill Ackman is currently overseeing the transformation of Howard Hughes Holdings (NYSE: HHH) into a diversified holding company, acting as its executive chairman. He thinks he can follow the same path to build shareholder value that Warren Buffett took at Berkshire Hathaway, starting with adding an insurance business to Howard Hughes' portfolio. That would give the company additional capital, via float, to start building an investment portfolio of marketable equities and wholly owned subsidiaries.But it could take a long time for Ackman to get the proverbial snowball rolling at Howard Hughes. Investors who want to follow his investments today have another great option. Every quarter, Ackman and his team file Form 13F with the SEC, disclosing his fund's publicly traded equity positions as of the end of the period.Combining the positions reported by his hedge fund, Pershing Square Capital Management, and Pershing Square Holdco (used to acquire a significant stake in Howard Hughes this year), the total value of the hedge fund's publicly traded equities is about $15.8 billion as of this writing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool