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Ackman's Fund Stumbles, Buffett-Style Holdings Persist
Bill Ackmans new fund, Pershing Square USA, had a rocky start, closing at $40.90 on its first day, down 18% from its IPO price. Despite a slight rebound the next day, it still underperformed. Ackman blamed retail investors for not understanding IPOs. The fund, aiming for everyday investors, is heavily concentrated in tech, consumer goods, and real estate, with top holdings including Brookfield, Uber, Amazon, and Alphabet. Ackman made adjustments in Q4 2025, adding Meta and Amazon, and removing Alphabet and Chipotle. The fund is expected to maintain this lineup as it establishes itself. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest updates:https://sources.thednn.ai/b372f7271411479d
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