Billionaire Bill Ackman Wants to Be the Next Warren Buffett -- He Has 45% of His Hedge Fund's $14 Billion Portfolio Invested in Just 3 Brilliant Stocks

Core Insights - Bill Ackman's Pershing Square Capital has invested $900 million in Howard Hughes Holdings, acquiring a 47% stake, with plans to model it after Berkshire Hathaway [3] - Ackman has a significant focus on technology, with 45% of Pershing Square's $14 billion portfolio allocated to leading tech stocks [3] Investment in Uber - Ackman holds over 30 million shares of Uber Technologies, valued at approximately $2.8 billion, representing 21% of Pershing Square's equity portfolio [5] - Uber commands a 76% market share in the U.S. rideshare market and is the second-largest food delivery platform, benefiting from strong network effects [6] - In Q2, Uber reported revenue of $12.7 billion, an 18% year-over-year increase, with diluted EPS rising 34% to $0.63, driven by 3.3 billion trips and a 15% growth in monthly active platform consumers [7][8] Investment in Alphabet - Pershing Square holds a combined position of 11.7 million shares in Alphabet, worth over $2 billion, making up 15% of its portfolio [9] - Alphabet's Q2 revenue reached $96.4 billion, a 14% increase year-over-year, with diluted EPS jumping 22% to $2.31, and Google Cloud revenue growing 32% to $13.6 billion [10][11] - Ackman highlights Alphabet's strong execution in AI and its discounted valuation at 26 times earnings despite robust business momentum [11] Investment in Amazon - Ackman initiated a position in Amazon, acquiring over 5.8 million shares worth nearly $1.3 billion, constituting 9% of Pershing Square's equity holdings [12] - Amazon's Q2 net sales were $167.7 billion, a 13% year-over-year increase, with EPS rising 33% to $1.68, supported by advancements in AI and operational efficiencies [15][16] - The stock is considered attractively valued with a PEG ratio of 0.58, indicating potential for significant earnings growth [16]