By Trevor Jennewine, The Motley Fool
Publication Date: 2025-11-30 08:25:00
Bill Ackman, who outlined plans to create a modern Berkshire Hathaway earlier this year, has 39% of his portfolio split between Alphabet and Uber.
Warren Buffett assumed control of Berkshire Hathaway in 1965. He quickly diversified beyond the core textile business to build a holding company that now owns dozens of subsidiaries. Berkshire shares have returned 20% annually under his leadership.
Billionaire Bill Ackman wants to recreate that success with Howard Hughes Holdings. He explained his plan to create a “modern Berkshire Hathaway” at the annual shareholder meeting earlier this year. Whether Ackman realizes that ambitious goal and becomes the next Warren Buffett remains to be seen, but he has a good track record.
His hedge fund, Pershing Square, beat the S&P 500 (^GSPC +0.54%) by 24 points over the last decade. That makes Ackman a good source of inspiration, and as of the third quarter, 39% of his portfolio was split between two artificial intelligence (AI) stocks: 19% in Alphabet (GOOGL +0.06%) (GOOG 0.05%) and 20% in Uber Technologies (UBER +2.19%).
Here’s what investors should know.
Image source: Getty Images.
1. Alphabet: 19% of Bill Ackman’s portfolio
Alphabet is the largest ad tech company in the world due to its ability to engage internet users with popular web properties YouTube and Google Search. Search advertising alone accounts for half of revenue, so investors have been wary about potential disruptions from artificial intelligence (AI) tools like
