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Billionaire Bill Ackman's Pershing Up 20%, Adds Lowe's: 13F

Nathan Reiff

Bill Ackman, the investor heading up Pershing Square, appears to have had a strong Q2 this year, according to a recent 13F report. The billionaire's 13F portfolio value increased by about 20% for the three-month period ending on June 30th, up to about $5.8 billion. In the process, Ackman increased his position in United Technologies Corp. ( UTX) and entered a new stake in Lowe's Companies Inc. ( LOW).