Ackman teases four new stock bets in new fund

NEW YORK, June 16 (Reuters) – Billionaire investor Bill Ackman said on Monday ​that he has made four ‌new investments that will be held by his investment funds, including his ​newest offering Pershing Square ​USA, and that he would identify ⁠the companies later.
  • Ackman said in ​a post on X that ​he will disclose the names when he releases the investment firm’s second-quarter report.
  • Ackman ​most recently added Microsoft to his ​portfolio, saying in May that he built ‌the ⁠stake after the stock sold off.
  • Ackman’s stock picks are closely watched on Wall Street and ​on X ​by his ⁠2.4 million followers.
  • Ackman said PSUS is trading at ​a roughly 20% discount ​to ⁠its net asset value. He said the discount occurred because of ⁠short-term ​technical factors related ​to the public listing in April.

Reporting by ​Svea Herbst-Bayliss; Editing by Cynthia Osterman

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