10% weight heavy entry! Pansing Square bets big on Meta(META.US) "AI inflection point," Ackman calls it the biggest AI beneficiary

Wall Street’s renowned fund manager and founder of Pershing Square Capital, Bill Ackman, has officially disclosed his significant holdings in the tech giant Meta Platforms (META.US). According to the disclosure details, Pershing Square’s position was established in late November 2025. By the end of last year, this investment accounted for approximately 10% of its total managed assets, involving about $2 billion.

Ackman believes that Meta is currently at a critical inflection point driven by AI technology enabling performance growth. He emphasizes that Meta is one of the most cost-effective AI integration beneficiaries in the global capital markets today. Its leading positions in content recommendation algorithms, targeted advertising, and wearable devices such as smart glasses have not yet been fully reflected in its stock price.

Although Meta plans to invest between $115 billion and $135 billion in capital expenditures for infrastructure development in 2026, Ackman considers that, given Meta’s strong profitability, the current forward P/E ratio of about 22 times still represents a deep discount relative to its growth prospects.

In a presentation, this asset manager stated, “We believe that Meta’s current stock price does not fully reflect the company’s long-term upside potential from artificial intelligence. For one of the world’s most outstanding companies, its valuation is deeply discounted. Since establishing the position, the company’s stock price has increased.”

A Meta spokesperson declined to comment on the holding.

This heavy positioning in Meta also marks a major strategic adjustment in Pershing Square’s portfolio. To concentrate funds into high-growth technology sectors, Ackman recently completely liquidated longstanding holdings in traditional consumer stocks such as Hilton Hotels (HLT.US), Chipotle Mexican Grill (CMG.US), and Nike (NKE.US), shifting instead to large positions in Meta, Amazon (AMZN.US), and Hertz (HTZ.US). Currently, Pershing Square’s portfolio is highly concentrated, with Meta, Alphabet (GOOGL.US), and Uber (UBER.US) forming its core AI strategic layout.