Pershing Square Cuts Alphabet Stake While Adding Visa, Mastercard, Netflix
About 45 days after each quarter ends, Pershing Square’s 13F shows a roughly $110 million reduction in its Alphabet/Google exposure versus about $4.2 billion added to four new holdings. The second-quarter filing therefore does not reflect abandoning Google. Pershing Square cut the stake by 25.2% and initiated positions in Visa, Mastercard, S&P Global and Netflix, while Amazon remained the fourth-largest holding near $2.04 billion.