Reported about 12 hours ago
Billionaire investor Bill Ackman has significantly increased his stake in Nike and Brookfield, investing a combined total of $2.2 billion in just the third quarter of this year. Ackman acquired over $1 billion in Nike shares after a disappointing earnings report, while Brookfield has become his hedge fund's largest position due to its strong historical returns and diversified business model, aiming for substantial growth over the next few years.
Source: YAHOO