Bill Ackman's Pershing Square disclosed a new 3.15 million-share position in Netflix (#NFLX), representing approximately 4.9% of its portfolio as of June 30. The stake was worth roughly $234 million based on Netflix's latest closing price cited in the report. Sector: Streaming / Entertainment Key Highlights 💰 Pershing Square holds 3.15M Netflix shares 📊 Position represents approximately 4.9% of the portfolio 💵 Stake valued at roughly $234M 👤 Marks Bill Ackman's return to Netflix 📈 Ackman previously invested $1B+ in Netflix in 2022 Why It Matters Ackman's renewed investment signals stronger conviction in Netflix after his previous position ended in a significant loss, potentially reflecting renewed confidence in the company's long-term growth prospects. Read More: https://www.thinksabio.com/reports/isr/NFLX