Bill Ackman Bets on Netflix as the Chart Shows Early Signs of a Rebound - Netflix (NASDAQ:NFLX)

Bill Ackman's Pershing Square buys Netflix, 5 other stocks in 2026

Pershing Square acquires 4.9% Netflix stake (3.15M shares) after $400M+ 2022 loss; adds Visa, Mastercard, S&P Global, ICE, Alcon banking on double-digit streaming revenue growth as market stabilizes. Rotation from pure-AI plays to payment/data consolidators; Microsoft tops (12.4%) as core AI holding.