Bill Ackman's Updated Stock Portfolio: Key Moves in HLT, NKE, and Others

Significant Changes in Bill Ackman’s Portfolio

Bill Ackman has made notable moves in his stock portfolio, especially in Nike Inc (NYSE: NKE) and Hilton Worldwide Holdings (NYSE: HLT). According to the recent 13F filing of Pershing Square Capital Management, Ackman has increased his stake in NKE by an impressive 436%, acquiring 16,280,338 shares this quarter.

Increased Holdings and Strategic Sales

• NKE Stock Surge: Despite a difficult market for Nike, with YTD losses of 28.05%, Ackman’s increased investment underlines confidence in its recovery.
• Brookfield Corp (NYSE: BN): Another significant addition is 25,881,373 shares of Brookfield Corp, marking a 378% increase in holdings.
• Valued at $56.79, BN has shown impressive YTD gains of 46.18%, further validating Ackman's decision.

Reducing Stake in Hilton

Conversely, Ackman has trimmed his stake in Hilton Worldwide Holdings by 18%, selling 1,582,122 shares, although he maintains a substantial position with 7,370,168 shares.

HLT stock currently trades at $248.42, having increased by 37.96% YTD, indicating a strategic decision while still keeping a foothold.

Conclusion: Outlook on Ackman’s Investment Strategy

Bill Ackman’s latest stock moves indicate a clear bullish stance, particularly with companies like Nike and Brookfield, while cautiously adjusting his position in Hilton. These adjustments reflect an evolving strategy aiming to maximize returns amidst market trends.