By Adam Levy
Publication Date: 2026-02-16 23:45:00
Ackman’s recent purchase of AI stocks is another great opportunity for investors.
Bill Ackman has made several investments in recent years to capitalize on the enormous opportunities presented by artificial intelligence (AI). He bought alphabet at his hedge fund Pershing Square Capital in 2023, when many viewed him as a net loser from the rise of AI chatbots like ChatGPT. He also bought Amazon Last year, the company experienced a brief market sell-off, recognizing its strong position in cloud computing and AI. So far, its AI investments have paid off well and exceeded that S&P 500.
His recent purchase of AI shares is already up 1,650% since the IPO, but Ackman still sees plenty of room for the stock to rise further. Meanwhile, he completely exited a stock Pershing Square has held since 2018: Hilton worldwide (LDS 2.42%).
Image source: Getty Images.
Why Ackman sold Hilton
Bill Ackman initially bought Hilton shares in 2018 and added to them about 18 months later, just before the start of the COVID-19 pandemic. The company…
