(HedgeCo.Net) In one of the most consequential tactical moves among major U.S. hedge funds this year, Bill Ackman’s Pershing Square Capital Management revealed a strategically significant $2 billion investment in Meta Platforms. This high-conviction allocation — representing roughly 10% of the fund’s capital — underscores a growing trend among large hedge funds to pivot toward AI-enabled growth franchises amid broader market volatility.
A Bold Move Anchored in an AI Narrative
The Meta sta...
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