As AI-driven congested trading faces liquidation, Ackman shifts to "high-quality cash flow"! Visa and Mastercard lead Pershing Square (PS.US) in six new positions.

According to Zhichun Finance APP, billionaire and hedge fund legend Bill Ackman, who founded and personally leads Pershing Square Inc. (PS.US), published its first full quarterly performance report as a public company on Wednesday, Eastern Time. The data shows that its earnings performance exceeded market consensus expectations. In addition, the company also disclosed that it has recently initiated positions in two financial giants, digital payment and card network leaders Visa (V.US) and Mastercard (MA.US), along with four other companies with low concentration in holdings and consistently high cash flow quality.