Four years after exiting his position, Bill Ackman's Pershing Square Capital Management has disclosed a new investment in Netflix, with Ackman stating that the company has emerged victorious in the streaming wars.

Billionaire investor Bill Ackman's Pershing Square Capital Management announced six new investments, including stakes in Netflix, Visa, and Mastercard, marking its most significant portfolio restructuring in years.

Pershing Square Capital Management Boosts Amazon.com Stake by 3.78M Shares  The Globe and Mail