Ackman's Pershing Square Buys Netflix Stake Again

PS +0.28% V +2.76% MA +2.50% ALC +1.55% GOOGL +0.97% 4 more

1. 1Billionaire investor William Ackman purchased a new stake in Netflix (NFLX) through Pershing Square Holdings (PS)
2. 2This is his second investment in the company after selling in 2022 at a loss of more than $400 million following a three-month holding period, and he cited the roughly 50% decline from its June 2025 peak as a buying opportunity
3. 3Pershing Square assessed that Netflix has effectively won the streaming war and is the dominant global platform

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