Ackman Treads Water in April

Universal Music drags Pershing Square down, while Chipotle holds it up.

Michelle Celarier May 3, 2023

Bloomberg/Michael Nagel

Bill Ackman’s Pershing Square Holdings was virtually flat in April, rising only 0.6 percent. The publicly-traded hedge fund is now up 4.3 percent for the year. The near break-even performance last month appears

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