Latest Transactions of Bill Ackman Q1 2025

Highlights

Biggest Buys

1. Uber Technologies Inc. (UBER) Pershing Square initiated a new position in Uber Technologies Inc., acquiring 30,301,161 shares at an average purchase price of approximately $73 per share. Uber is a global technology platform offering ride-hailing, food delivery, logistics, and other mobility services. This major new investment signals Ackman's strong conviction in Uber's growth potential, market position, and evolving business model.

2. Brookfield Corp. (BN) Ackman increased Pershing Square's stake in Brookfield Corp. by 6,111,593 shares, representing a 17.52% increase, at an average purchase price of around $57 per share. Brookfield Corp. is a leading global alternative asset manager with a focus on real estate, renewable power, infrastructure, and private equity. This additional investment underscores continued confidence in Brookfield's diversified asset management capabilities and long-term value.

3. Alphabet Inc. (GOOGL - Class A) Pershing Square expanded its position in Alphabet Inc. (Class A) by 451,492 shares, an 11.33% increase, at an average purchase price of approximately $182 per share. Alphabet Inc. is a multinational technology conglomerate, the parent company of Google. This move, alongside a sale in Class C shares, suggests a continued bullish stance on Alphabet's core businesses, possibly while consolidating share class preference.

Biggest Sells

1. Nike Inc. (NKE) Pershing Square sold 18,768,946 shares of Nike Inc., completely liquidating its position, at an average selling price of around $73 per share. Nike is a global leader in athletic footwear, apparel, and equipment. This complete exit marks a significant strategic decision, potentially reflecting a changed outlook on Nike's growth trajectory, competitive pressures, or a desire to reallocate capital elsewhere.

2. Hilton Worldwide Holdings (HLT) Ackman reduced Pershing Square's position in Hilton Worldwide Holdings by 2,439,776 shares, a significant 44.84% decrease, at an average selling price of approximately $248 per share. Hilton is one of the world's largest hospitality companies. This substantial reduction might indicate profit-taking after a period of strong performance or a strategic reallocation of capital within the portfolio.

3. Alphabet Inc. (GOOG - Class C) Pershing Square sold 1,223,551 shares of Alphabet Inc. (Class C), decreasing its stake by 16.21%, at an average selling price of around $183 per share. The sale of Class C shares, while Class A shares were purchased, could indicate a strategic move to consolidate holdings into the voting Class A shares or simply rebalancing the specific exposure to different share classes of the same underlying company.

These Q1 2025 transactions for Pershing Square highlight a significant new bet on mobility tech (Uber), increased conviction in alternative assets (Brookfield) and an adjusted stance on Alphabet, while making a decisive exit from athletic apparel (Nike) and substantially reducing exposure to the hospitality sector (Hilton).

All Transactions

The information is provided for educational purposes only and does not constitute financial advice or recommendation and should not be considered as such. Do your own research.