Ackman Raises Amazon Stake 65% as Walmart Pilots Faster Delivery
Bill Ackman's Pershing Square raised its Amazon stake by 65% in Q4, while initiating a new $1.8 billion position in Meta Platforms. Simultaneously, Walmart's U.S. e-commerce sales climbed 27% as it pilots using store back rooms to hold third-party inventory for faster same-day delivery, encroaching on Amazon's logistical lead.
1. Ackman's Increased Position
In Q4 Pershing Square upped its Amazon holding by 65%, reflecting growing confidence in the retailer's e-commerce and cloud segments. The firm concurrently initiated a $1.8 billion position in Meta Platforms, signaling a broader bet on AI-driven digital advertising and online commerce.
2. Walmart's Delivery Pilot
Walmart is testing a fulfillment model that stores third-party marketplace inventory in existing store back rooms to enable same-day delivery. This pilot addresses its 27% U.S. e-commerce sales growth and aims to narrow Amazon's longstanding logistical advantage, prompting investors to reassess competitive dynamics.