Bill Ackman
Pershing Square Capital Management
Bill Ackman Netflix Inc stake
total: 47
Pershing Square Capital Management NFLX trades
- Total transactions:
- 3
- New positions:
- 2
- Sold out:
- 1
- Held since:
- 2026 Q2
- Held for:
- 1 quarter
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Bill Ackman holds 13,081,465 Netflix Inc (NFLX) shares with a market value of roughly $934.02M accounting for 4.80% of the overall portfolio. To date, the estimated cost basis is nearly $71.4 for "buy" trades. Pershing Square Capital Management first purchased NFLX in 2022 Q1, initially acquiring about 31.10M shares. Bill Ackman later completely sold out the position and invested in Netflix Inc again in 2026 Q2. Since the initial investment in Netflix Inc (NFLX), Pershing Square Capital Management has made 2 more transactions.
When did Bill Ackman buy Netflix Inc (NFLX)?
Bill Ackman first invested in Netflix Inc (NFLX) in 2022 Q1 at the reported quarter-end price of $37.46 per share.
What's the cost basis of Pershing Square Capital Management's NFLX stake?
The estimated cost basis for Netflix Inc (NFLX) stake is around $71.40 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $71.40
Bill Ackman's historical trades in Netflix Inc
3 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
4.80%
|
13,081,465
|
$71.40
|
$934,016,601
|
new
|
+4.8%
|
|
2022 Q2
|
0.00%
|
0
|
$37.46
|
|
-100% (-31,099,650)
|
-11.21%
|
|
2022 Q1
|
11.21%
|
31,099,650
|
$37.46
|
$1,164,962,000
|
new
|
+11.21%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.