Pershing Square

Billionaire hedge fund manager Bill Ackman is advocating for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) to exit federal conservatorship, a status they've held since the 2008 financial crisis, arguing it would benefit the U.S. housing finance system. What Happened: In a detailed post on X,...

New ETF filings from VistaShares reveal plans to launch funds that track the top trades of Bill Ackman and Michael Burry, expanding on the firm’s existing ETFs tied to Warren Buffett‘s investments. What Happened: VistaShares may not be a household name for ETFs yet, but that could soon...

Wall Street's billionaire brigade hit turbulence in the first quarter of 2025. From Warren Buffett to George Soros, even the most iconic names couldn't dodge the drawdowns as markets rotated and profit-taking weighed down performance. Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) saw a -2....

Editor’s Note: This article has been updated to reflect that Pershing Square converted its Nike stock into call options, maintaining exposure Bill Ackman could have a new love for the automotive sector with a new investment made in the first quarter and an added position to a stake from the...

Billionaire investor Bill Ackman isn't just writing a $900 million check to Howard Hughes Holdings Inc (NYSE:HHH) – he's rewriting the script. In a move that caught Wall Street's eye, Pershing Square, backed mainly by Ackman himself, is investing in Howard Hughes at $100 a share – a 48...

Hedge fund billionaire Bill Ackman's decision to sell his Netflix Inc. (NASDAQ:NFLX) shares during a rough patch in 2022 has become one of the most high-profile missed opportunities today. What Happened: In January 2022, Ackman revealed that his hedge fund, Pershing Square Capital Management, had...

Hertz Global Holdings Inc. (NASDAQ:HTZ) CEO Gil West expressed optimism following Bill Ackman‘s significant investment in the company. What Happened: Ackman’s firm, Pershing Square Capital Management, revealed a substantial stake in Hertz, boosting the...

Billionaire hedge fund manager Bill Ackman posted his investment thesis for Hertz Global Holdings, Inc. (NYSE:HTZ) on Thursday, one day after disclosing his fund, Pershing Square, had built a sizable stake in the car rental company.  The Details: Ackman confirmed a previous CNBC report that...

Hertz Global Holdings Inc (NASDAQ:HTZ) shares picked up momentum heading into Wednesday’s close and have continued to move higher in after-hours trading. Here’s a look at what’s going on. What To Know: Hertz shares surged Wednesday morning after Bill Ackman's Pershing Square...

President Donald Trump's newly appointed director of the Federal Housing Finance Agency Bill Pulte on Thursday fired the CEO of mortgage giant Freddie Mac (OTC:FMCC) and placed two senior FHFA officials on administrative leave.  The Details: Pulte fired Freddie Mac CEO Diana Reid and placed...

Editor’s Note: This story has been updated to clarify that Ackman’s Pershing Square plans to increase its Howard Hughes Holdings stake by $1 billion. Howard Hughes Holdings Inc. (NYSE:HHH) experienced an 11.01% increase in its stock price on Monday during pre-market hours, as per...

Pershing Square CEO Bill Ackman questioned the upcoming closure of U.S. stock markets to honor former President Jimmy Carter, sparking debate about the intersection of commerce and presidential remembrance. What Happened: “Why does it honor a former president when we close the stock market?...

Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) shares soared on Monday afternoon after billionaire investor Bill Ackman touted the stocks on social media.  The Details: Ackman, CEO of Pershing Square hedge fund, recommended the stocks as an investment with "large asymmetric upside versus downside...

Bill Ackman, the visionary leader of Pershing Square Capital Management, is making headlines in the financial world with a potential strategic shift from a U.S. closed-end fund IPO to the potential launch of a Pershing Square Exchange-Traded Fund (ETF). The development was reported by Bloomberg...

Bill Ackman‘s primary hedge fund wiped out most of its 2024 gains during late July, adding to the billionaire’s troubles after he withdrew his IPO for a US-traded closed-end fund this week due to weak demand. Pershing Square Holdings had gained 8.7% by mid-July but lost 4.7% in the...