Bill Ackman Just Made a Major Overhaul to Pershing Square's Portfolio. Here Are the Biggest Changes.
Bill Ackman made a major overhaul to Pershing Square's portfolio, creating two new sources of capital for investment. He exited several positions last quarter and used the proceeds to invest in new opportunities.
Why it matters — A PS watcher would care because the portfolio restructuring and new capital sources signal a shift in Pershing Square's investment strategy and holdings.