Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-16T02:03:00+00:00
Billionaire investorBill Ackmanhas been busy putting billions of dollars to work after completing one of the biggest milestones in the history of Pershing Square. In its second-quarter update, Pershing Square highlighted the $5 billion initial public offering of PSUS, theNew York Stock Exchangelisting of Pershing Square USA, Ltd. (PSUS), and the deployment of the new fund's capital. "In summary, it was a highly productive few months since ourIPO," Ackman said in ashareholder letter. Pershing Square has deployed more than 95% of PSUS's capital across 14 investments. That includessix new positions: Visa (V), Mastercard (MA), Intercontinental Exchange (ICE), Netflix (NFLX), Alcon (ALC), and S&P Global (SPGI). "They are simple, predictable, and free cash flow-generative, with strong competitiv
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.