Ackman Loads Up On Portfolio Stocks Amid Weakness, Adds Two New Positions
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In a letter to investors Bill Ackman told Pershing Square Capital hedge fund clients that he used the August volatility to put a fresh $600 million to work.
Ackman loaded up on current investments in Fortune Brands (NYSE: KO), Kraft (NYSE: KFT), Family Dollar (NYSE: FDO), Citigroup (NYSE: C), and two new unnamed commitments, according to Marketfolly.com which reviewed the letter.
Ackman loaded up on current investments in Fortune Brands (NYSE: KO), Kraft (NYSE: KFT), Family Dollar (NYSE: FDO), Citigroup (NYSE: C), and two new unnamed commitments, according to Marketfolly.com which reviewed the letter.
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