Ackman’s Pershing Sq. takes new stakes in Nike, Brookfield 

Reuters was first to report that billionaire investor William Ackman constructed new stakes in sportswear firm Nike in the course of the second quarter. A regulatory submitting reviewed by Reuters confirmed that Ackman’s hedge fund Pershing Sq. Capital Administration owned roughly 3 million shares of Nike, amounting to a roughly 0.19% possession. Nike’s inventory, which has tumbled 26% since January, rose 4% in after-market buying and selling.