Pershing Square closed its Alphabet stake in Q2, bought Meta and Netflix
Pershing Square’s Q2 portfolio filings show it exited Alphabet and increased exposure to Meta and Netflix, a material investor reweighting reported by The Motley Fool.
In this brief: 2 sections 1 min read
Action: Pershing Square closed its Alphabet stake during the second quarter, per The Motley Fool.
New positions: increased in Meta Platforms and initiated a position in Netflix.
Timing: trades reported as part of Pershing Square’s Q2 activity.
Significance: large, public hedge-fund reallocations can influence sentiment and trading flows in large-cap names.
Limitations: this is a portfolio move by an investor, not an Alphabet management decision or regulatory filing.
Verification: reported by The Motley Fool based on Pershing Square’s disclosed Q2 activity.