《The Super Investors Are Buying BIG.》
标普全球是高素质的宽护城河业务，但略微高估约7%。
Pershing Square本季度新开了四个仓位：Netflix、Visa、Mastercard和S&P Global。
Pershing Square opened four brand new positions this quarter: Netflix, Visa, Mastercard, and S&P Global.
值得注意的是，每一个仓位都差不多占Pershing Square投资组合的5%。所以，这绝对可以解读为一种轮动，转向一群主导型企业，而不是像有时那样，Ackman本季度只做一次大动作。
And what's notable is that each one landed pretty much at 5% of the Pershing Square portfolio. So, this definitely reads as a bit of a rotation into, you know, a cluster of dominant businesses as opposed to Ackman having one big swing this quarter like sometimes he does.