Ackman doesn’t diversify, he concentrates. Pershing’s portfolio is tight, high-conviction, and unapologetically active. These are the names he’s willing to ride big. 👇 Which of these positions would you size up? #BillAckman #PershingSquare #13F #Q12025 #HighConviction #ConcentratedPortfolio #ActivistInvestor #SmartMoneyMoves #HedgeFundHoldings #FundConviction #ThirteenF #NotFinancialAdvice — 🔍 Follow @ThirteenF to see what hedge fund conviction really looks like. Disclaimer: This post is based on publicly available 13F filings for Q1 2025 and is intended for informational and educational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Positions may have changed since the filing date. Always conduct your own research or consult a licensed financial advisor before making investment decisions.