Ackman’s Pershing Square makes new investment in Berkshire Hathaway: filing By Reuters

BOSTON (Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square (NYSE:) Capital Management made a new bet on Warren Buffett’s Berkshire Hathaway Inc (N:), according to a regulatory filing made on Wednesday.

This marks the first time that Ackman’s $8 billion fund has announced a new position since late last year when it bought a stake in Starbucks Corp (O:).

The new bet will be a passive investment for Ackman’s $8 billion firm, a person familiar with the matter said.

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