Pershing Square 13-F: New stake in META, Raises AMZN, and Exits CMG

• New: Meta Platforms (META).
• Raises: Amazon (AMZN).
• Cuts: Alphabet Class A (GOOGL), Uber (UBER), Brookfield (BAM), Hilton Worldwide (HLT), Restaurant Brands (QSR).
• Exits: Chipotle (CMG).
• Top: Brookfield (BAM), Uber (UBER), Amazon (AMZN), Alphabet Class C (GOOG), Meta (META).

Pershing Square's recent 13-F filing reveals a notable new stake in Meta Platforms (META) and a higher investment in Amazon (AMZN), which signals confidence in these tech giants amid market volatility. Exiting positions in Chipotle (CMG) and reducing stakes in Alphabet (GOOGL) and Uber (UBER) suggests a strategic repositioning that may reflect concerns over those companies' growth outlooks. This shift could indicate a broader trend affecting investor sentiment and sector concentration as they reassess growth narratives in the tech and consumer sectors.