Billionaire Bill Ackman Pours $1,764,796,000 Into Mag 7 Stock, Dumps Entire Stake in Chipotle Restaurant Chain
Billionaire Bill Ackman’s investment firm just picked up more than 2.67 million shares of one magnificent seven stock.The latest 13-F filing with the U.S. Securities and Exchange Commission (SEC) shows Pershing Square Capital Management accumulated $1.76 billion worth of shares in Meta Platforms (META) in the fourth quarter of 2025.META, the parent company of Facebook and Instagram, is trading for around $643 at time of writing, down more than 10% in the past year.Meanwhile, Ackman’s firm unloaded its entir ...