Bill Ackman Discloses Significant New Stakes in S&P Global, Visa, and Mastercard
Billionaire investor Bill Ackman disclosed substantial new stakes in three major companies during the second quarter, according to recent filings. Pershing Square, the investment firm run by Bill Ackman, reported holding approximately $1.1 billion in each of S&P Global, Visa, and Mastercard. While Visa and Mastercard remain near their 52-week highs, S&P Global has traded significantly lower. Analysts suggest this gap is due to the steady, predictable growth of the card networks compared to the more cyclical nature of debt ratings. However, S&P Global recently reported strong results, with adjusted earnings per share rising 23% to $4.83. Bill Ackman continues to seek investments that are simple, predictable, and free cash flow-generative. His latest portfolio additions include a mix of stocks that balance Big Tech winners like Microsoft with companies that possess strong competitive positions and minimal financial leverage.
Sources
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