Bill Ackman Bets Big on Magnificent 7 Stocks, But Only Loves 3 of Them - Benzinga
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- Pershing Square made Amazon its fourth-largest holding by dumping Alphabet, per cross-coverage of Bill Ackman's latest portfolio moves
- Bill Ackman bets big on all 7 Magnificent 7 stocks but 'only loves 3 of them,' per Benzinga; the tech stock he piled into is up 65,100% since its IPO, per Yahoo Finance
Why it matters: Ackman's reshuffle — swapping Alphabet for Amazon as a top-5 Pershing Square position — reveals selective conviction within the Mag 7. Per Benzinga, he holds all 7 but 'only loves 3,' and the stock he rotated into has compounded 65,100% since its IPO, per Yahoo Finance's framing.
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