Billionaire Bill Ackman Has 37% of His Portfolio Invested in 2 Brilliant Stocks

Billionaire Bill Ackman manages the hedge fund Pershing Square Capital Management. He achieved a total return of 212% during the five-year period that ended in February 2024, easily outperforming the S 500, which increased 99% during the same period. That makes him a good case study for aspiring investors.

With that in mind, Ackman had 37% of his $10.4 billion portfolio split between two companies as of the December quarter. Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) accounted for 19% of his invested assets, and Chipotle Mexican Grill (NYSE: CMG) accounted for 18%. That position sizing screams high conviction.

Here's what investors should know about these two brilliantly successful companies.

Source Fool.com