Bill Ackman has indicated that he has recently initiated four new equity positions across his investment vehicles, including his latest listed fund Pershing Square USA, although the identities of the companies have yet to be disclosed, according to a report by Reuters.
Ackman said the holdings will be detailed in the firm’s upcoming second-quarter report, noting that the positions are already reflected across his funds’ portfolios. The announcement was made via a post on social media platform X, where he regularly shares updates with investors and followers.
The hedge fund manager, whose investment decisions are closely tracked by markets, said the new positions will be formally identified when results are released. Ackman has a following of more than two million on X, with his portfolio activity often drawing significant attention from retail and institutional investors alike.
The disclosure comes shortly after Ackman revealed a new stake in Microsoft, which he said was built following a period of share price weakness in May.
Separately, Ackman commented on the trading dynamics of Pershing Square USA, stating that the fund is currently trading at a discount of approximately 20% to its net asset value. He attributed the gap to short-term technical factors linked to the fund’s recent public listing in April.
The update adds to ongoing scrutiny of listed closed-end and publicly traded hedge fund vehicles, where share prices can diverge from underlying portfolio value depending on liquidity, investor demand and market sentiment.
Ackman has positioned Pershing Square USA as a more accessible vehicle for public market investors, alongside his main hedge fund operations, with periodic disclosures offering limited visibility into portfolio construction ahead of formal filings.
