In this article, we discuss the Best Long-Term Stocks to Buy According to Bill Ackman.
Bill Ackman, the billionaire chief of Pershing Square, has emerged as a dominant voice in the global markets. During a high-profile roadshow conversation with Robinhood CEO Vlad Tenev earlier this month, Ackman detailed his vision for the fund, a new permanent capital vehicle designed to bypass traditional redemption risks. He famously told Tenev that despite geopolitical tensions, “the best businesses in the world were at some of the lowest valuations in their history.” He emphasized that the current risk premium created by the Middle East conflict was an opportunity for those with long-term horizons, stating, “uncertainty should fade over time,” and that he planned to deploy billions into large-cap stocks “within weeks”.
READ MORE: David Einhorn Stock Portfolio: Top 10 Stock Picks.
The billionaire noted that his 2026 philosophy was anchored in “clarity and concentration,” moving away from the broad diversification that he believed “dilutes real wealth creation.” He has been vocal about his shift into a “Berkshire Hathaway-style” model, aiming to use his management company as an engine for acquiring controlling stakes in durable businesses. He warned investors in April that “the biggest mistake was thinking you’ll get another chance at a great business when the price looks a little high today,” urging a focus on business quality over short-term price movements. As he moves toward a dual IPO of both his management firm and his new fund, Ackman remains defiant against recession fears.
READ MORE: Mario Gabelli Stock Portfolio: Top 10 Stock Picks.
Our Methodology
For this article, we selected stocks by combing through the 13F portfolio of Pershing Square at the end of the fourth quarter of 2025. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2025 database of 1041 elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Best Long-Term Stocks to Buy According to Bill Ackman
10. Hertz Global Holdings, Inc. (NASDAQ:HTZ)
Pershing Square’s Stake: $78 Million
Hertz Global Holdings, Inc. (NASDAQ:HTZ) has featured in the 13F portfolio of Pershing Square since the fourth quarter of 2024. Back then, this position comprised 12.7 million shares. In the first quarter of 2025, the fund added more than 17% to this holding, growing the stake to around 15 million shares. Another minor addition was made to this in the second quarter of 2025 and the position grew to more than 15.2 million shares. Filings for the fourth quarter of 2025 show that the fund owned 15.2 million shares in the company, the same as in the third quarter of 2025. Hertz operates as a vehicle rental company.
READ ALSO: 12 Best Stocks to Buy According to Billionaire David Abrams.
In 2024 and 2025, Hertz Global Holdings, Inc. (NASDAQ:HTZ) had made a costly and rapid push into Electric Vehicles (EVs) that led to high repair costs and depreciation. This year, the firm seems to be in course correction mode. It has been liquidating high-maintenance EVs and returning to internal combustion engine (ICE) vehicles to stabilize its margins. A new strategic alliance announced earlier this month integrates Hertz into T-Mobile’s Un-carrier lifestyle perks. Top investors view this as a low-cost customer acquisition engine that could drive higher utilization rates during the peak 2026 summer travel season.
