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Bill Ackman Unveils Six New Investments Including Netflix, Visa, Mastercard

Economy10 sourcesAug 13, 2026
FlatRigor 5010 sources

The Story

Bill Ackman revealed six new stock holdings, including Netflix, Visa, and Mastercard, in what is described as his portfolio overhaul in years. Ackman stated on Thursday that his investment funds began acquiring shares in the second quarter. These funds include Pershing Square USA, which was listed on the New York Stock Exchange in April. Along with Netflix, which Ackman previously held briefly in 2022 before selling at a loss, his funds are also investing in Alcon, Intercontinental Exchange, and S&P Global. Ackman believes these companies are positioned for strong earnings growth, which he considers the primary driver of investment value. Shares of these companies generally rose on Thursday, with Netflix up 3.3%, S&P Global up 1.1%, and Pershing Square USA shares up 1.7% following the investment disclosures and second-quarter earnings released Wednesday evening. Ackman's investment decisions are closely watched by professional investors and his social media followers. His portfolio traditionally holds no more than a dozen companies. Pershing Square USA was down 3.5% for the year through July, and London-listed Pershing Square Holdings was down 9.2%, compared to a 10% gain for the S&P 500 total return index.

The Spread

What they agree on

  • Bill Ackman unveiled six new investment holdings.
  • The new holdings include Netflix, Visa, and Mastercard.
  • Ackman's investment funds acquired shares starting in the second quarter.
  • The portfolio overhaul includes investments in Alcon, Intercontinental Exchange, and S&P Global.
  • Ackman stated he believes the firms' earnings are poised for strong growth.

Where they split

  • The New York Post and Reuters reported the news on August 13, 2026, at 4:42 PM and 2:37 PM respectively, while Channel News Asia reported it at 8:07 PM.
  • The New York Post and Reuters included Visa and Mastercard in their reporting of the new investments, while other outlets focused primarily on Netflix.
  • The New York Post and Reuters mentioned that Pershing Square USA shares were up 1.7% following the investment disclosures and second-quarter earnings released on Wednesday evening.
  • The New York Post and Reuters noted that Ackman's funds have performed strongly over the long haul but have faced challenges recently, with Pershing Square USA down 3.5% for the year through July.

Source Perspectives

Center8 sources
Right2 sources