Bill Ackman Bets Big on Stock After 50% Collapse
GuruFocus·- Bill Ackman's Pershing Square established a new position in Netflix following a roughly 50% decline from its June 2025 high, which lowered its valuation to about 21 times forward earnings. - Pershing argues that Netflix has won the streaming wars with over 325 million subscribers, expanding operating margins to roughly 31.5%, and growing advertising revenue toward $3 billion. - Pershing expects double-digit revenue growth and earnings compounding near 20% annually, viewing the recent selloff as a valuation opportunity.Bill Ackman Just Gave Investors a First Look at What's Inside His New Fund
Motley Fool·- Bill Ackman launched a new $5 billion closed-end fund, Pershing Square USA, benefiting from permanent capital for long-term investments. - Ackman disclosed eight of the twelve stocks the fund has bought, including Amazon, Microsoft, and Meta, emphasizing their undervaluation in the current market. - While the fund charges a 2% management fee and has seen a 5% decline in net asset value since its IPO, Ackman's long-term strategy suggests potential for future gains.Ackman invests 85% of PSUS in mega-cap tech at double discount
MSN·- Ackman has invested approximately 85% of PSUS’s capital into 12 companies, notably Microsoft, Meta, Amazon, and Uber, identifying them as attractively priced. - He is adopting a contrarian approach by purchasing mega-cap tech stocks he views as undervalued amid current market trends favoring new IPOs and semiconductor stocks. - Additionally, PSUS is trading at a 20% discount to net asset value, which Ackman argues presents unique value opportunities in an already discounted portfolio.