Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years

This has been a busy year for Ackman. The fund manager listed both his hedge fund and his new stock picking fund Pershing Square USA on the New York Stock Exchange, exited his estimated $1.5 billion position in Universal Music Group after the company that represents Taylor Swift and Bad Bunny rejected his $65 billion takeover bid — and turned 60 years old.

While Ackman began as one of Wall Street’s most voluble activists, pushing for improved performance at companies ranging from Canadian Pacific Railway to Chipotle Mexican Grill, he prefers to be known as a value investor who has good ideas that corporate management teams want to hear about.

Four years ago Ackman said he was retiring his noisy tactics and adopting a quieter approach, characterized by cordial interactions with management teams.