(Reuters) – Billionaire investor William Ackman has built a new stake in Alphabet worth $1.1 billion, according to a regulatory filing on Monday.
According to the filing, Ackman’s hedge fund Pershing Square Capital Management owned 8.1 million class C shares and 2.2 million shares class A of Alphabet at the end of the first quarter.
(Reporting by Pushkala Aripaka in Bangalore; Editing by Chris Reese)
