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bill ackman alphabet pepe unchain Bnb Eth XRP crypto futures Bitcoin coinbase futures

Does Ackman own alphabet?

According to the filing, Ackman's hedge fund Pershing Square Capital Management owned 8.1 million class C shares and 2.2 million shares class A of Alphabet at the end of the first quarter. Alphabet's shares were little changed on the news.

Who is Bill Ackman?

Bill Ackman, a hedge fund manager and CEO of Pershing Square Capital Management, is a closely followed investor on Wall Street. Ackman is known to keep a limited number of stocks in his portfolio -- only taking positions in high-conviction opportunities.

When did Ackman join Alphabet?

Ackman first initiated a position in Alphabet in early 2023 when OpenAI's ChatGPT was taking the world by storm. Alphabet's Google unit followed by introducing its first generative AI product, Bard. However, as Ackman told CNBC in a September 2023 interview, "Google really fumbled their offering."

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