Home / Business and Economy / Ackman Bets Big on Amazon: $865M Boost!
Ackman Bets Big on Amazon: $865M Boost!
18 Feb
Summary
- Pershing Square invested over $865 million in Amazon stock.
- The fund's Amazon stake grew 65% to exceed $2.2 billion.
- Amazon stock has fallen over 12% in early 2026.
In the final quarter of 2025, Bill Ackman's Pershing Square Capital Management made a substantial investment in Amazon, injecting over $865 million into the e-commerce giant's shares. This strategic move expanded the fund's Amazon stake by 65%, pushing its total value to more than $2.2 billion by the year's end. This holding now ranks as Pershing Square's third largest, following its investments in Brookfield and Uber.
Despite a positive 5% gain for Amazon's stock during the fourth quarter of 2025, the company has faced challenges in early 2026. Shares have declined by over 12% in the first quarter of the new year. This downturn contributed to a recent nine-day losing streak that erased more than $450 billion in market capitalization. However, the majority of financial analysts polled by LSEG maintain a positive outlook, with an average price target suggesting a potential rebound of over 38% in the next year.
Separately, Ackman also recently disclosed a stake in Meta, valued at over $1.7 billion, which represented about 10% of Pershing Square's portfolio at the end of 2025. He cited Meta's deeply discounted valuation as a key factor. In other portfolio adjustments, Ackman reduced his Alphabet holding by over 38% and completely divested his stake in Chipotle.
