Billionaire Bill Ackman's Pershing Square just exited its positions in Starbucks and ADP with big gains, a new investor presentation reveals

Billionaire Bill Ackman’s Pershing Square just exited its positions in Starbucks and ADP with big gains, a new investor presentation reveals

Billionaire Bill Ackman’s Pershing Square has sold its stakes in Starbucks and ADP, a new investor presentation shows. The $8.5 billion fund manager returned 58.1% last year thanks to Chipotle and Hilton investments. Ackman bought into his Starbucks position …

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