Bill Ackman added six new holdings: Netflix ($NFLX), Visa ($V), Mastercard ($MA), Alcon ($ALC), Intercontinental Exchange ($ICE) and S&P Global ($SPGI).
Ackman expects strong earnings growth to drive long-term value.
His portfolio also includes Microsoft ($MSFT), Uber ($UBER), Meta ($META), Amazon ($AMZN), Fannie Mae ($FNMA) and Freddie Mac ($FMCC).
Through July, Pershing Square USA was down 3.5%, versus a 13% gain for the S&P 500.
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ACKMAN MAKES HIS BIGGEST PORTFOLIO REVAMP IN YEARS
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