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Bill Ackman’s Pershing Square Holdings has gained on its 2019 market beat — at the end of March, it had a net gain of 3.3% while the S&P 500 was down 20%. Ackman considered liquidating the portfolio amid the coronavirus-induced meltdown. Instead, he turned $27 million into $2.6 billion using a credit-hedging strategy. He reinvested the proceeds into his stock portfolio. Here are the 10 stock holdings in Ackman’s market-beating portfolio. Read more on Business Insider.
Bill Ackman has had quite a year. Following an astonishing 58% return in 2019, he continued to handily beat the
Read more Source: businessinsider.com