Hedge Funds

Bill Ackman’s hedge fund continues to rise thanks to these stocks

Ackman’s big bet on Uber is paying off this year

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The high-profile financier has hit the headlines in 2025 over his comments on Donald Trump, but investments in firms such as Brookfield, Fannie Mae and Freddie Mac are bearing fruit Photo: Patrick McMullan/Getty Images

Bill Ackman’s winning stock bets have pushed his hedge fund Pershing Square’s year-to-date returns up again.

Double-digit gains in Uber and Brookfield stocks, along with multi-billion-dollar profits on its Fannie Mae and Freddie Mac investments this year, have fuelled Pershing Square’s recent performance.

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