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Bill Ackman's Pershing Square Re-enters Netflix, Adds Five New Positions

economy-finance · 2026-08-13

On Wednesday, Pershing Square, the hedge fund managed by Bill Ackman, disclosed a new stake in Netflix, marking a return to the streaming giant after a loss-making investment in 2022. The fund also revealed five additional new positions added during the first half of 2026. The announcement was made via a regulatory filing, and the specific stocks were not detailed in the provided content. This move signals Ackman's renewed confidence in Netflix's prospects, despite previous setbacks. The disclosure comes amid a period of significant portfolio restructuring for Pershing Square, which has been actively adjusting its holdings. The new positions are part of a broader strategy to capitalize on market opportunities in the current economic climate. Ackman's investment decisions are closely watched by the financial community, and this latest development is likely to generate considerable interest among investors and market analysts. The exact size of the Netflix position and the identities of the other five stocks have not been disclosed in the available information.

Key facts

  • Pershing Square disclosed a new position in Netflix on Wednesday.
  • This is Ackman's return to Netflix after a loss-making investment in 2022.
  • The fund added five other new positions in the first half of 2026.
  • The announcement was made via a regulatory filing.
  • The specific stocks of the five new positions were not detailed.
  • The move signals renewed confidence in Netflix.
  • The disclosure comes amid portfolio restructuring.
  • Ackman's investment decisions are closely watched.

Entities

Institutions

  • Pershing Square
  • Netflix

Sources