These are the only 7 stocks in billionaire Bill Ackman's market-beating portfolio

Bryan Bedder/Getty Images/The New York Times

• Billionaire Bill Ackman's portfolio was up 42.4% at the end of July, outperforming the broader market through the same time period. 
• In the second quarter that ended in June, Ackman trimmed his portfolio to a small group of seven stocks, dropping Berkshire Hathaway, Park Hotels & Resorts, and Blackstone. 
• Here are the seven stocks that remain in Ackman's market-beating portfolio. 
• Read more on Business Insider. 

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After a solid start to the year, billionaire investor Bill Ackman's concentrated portfolio has continued to outperform the broader market, even as it rebounded from the coronavirus pandemic meltdown. 

Pershing Square Holdings had a net gain of 42.4% at the end of July, according to a monthly portfolio report. In the same time period, the S&P 500 gained only 1.2%.

See the rest of the story at Business Insider

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