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Benzinga
Benzinga
Business
Surbhi Jain

HISTORICAL FACTS: Bill ackman s hertz stake is starting to look like his next chipotle moment - Caught on Camera

Hertz

When billionaire Bill Ackman quietly built a $104 million position in Hertz Global Holdings Inc. (NASDAQ:HTZ) this summer, few noticed. It was a small 0.76% slice of Pershing Square Capital's portfolio — easy to miss next to his billion-dollar stakes in Chipotle Mexican Grill Inc (NYSE:CMG) and Hilton Hotels Corp (NYSE:HLT).

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