Matthew Eisman
Billionaire investor Bill Ackman’s Pershing Square Capital Management picked up a new stake in Amazon (NASDAQ:AMZN) in Q2 2025, while increasing its position in Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), among other moves.
Pershing Square disclosed the information in its latest 13F filing for the three months ended June 30, 2025, published on Thursday.
The hedge fund picked up 5.8M shares in tech and e-commerce giant Amazon (NASDAQ:AMZN) in Q2.
Pershing upped its stake in Google-parent Alphabet’s class A shares (NASDAQ:GOOGL) by 20.8% to 5.4M in Q2.
It exited its stake in railway operator Canadian Pacific Kansas City (CP) in the quarter.
The fund incrementally added to its stakes in car rental service Hertz Global (HTZ), hotel and resort chain Hilton Worldwide (HLT), and Canadian investment firm Brookfield (BN).
Pershing Square founder and top boss Bill Ackman is known for his activist wins on companies such as Canadian Pacific, Fortune Brands and Allergan. According to Forbes, his real-time net worth is $9.5B.