The Globe and Mail reports in its Friday edition that Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking his biggest portfolio overhaul in years. A Reuters dispatch to The Globe reports that Mr. Ackman acquired shares in the second quarter for his funds, including his new Pershing Square USA. His funds are investing in Netflix, Alcon, exchange operator Intercontinental Exchange and financial data provider S&P Global. Mr. Ackman believes the firms' earnings are poised for strong growth. Mr. Ackman, whose stock picks are closely tracked by professional investors and his 2.7 million followers on social media platform X, this year added Microsoft to the portfolio after its stock price dropped following an earnings report, arguing that the software giant would rebound when investors acknowledged its investments in artificial intelligence. Microsoft has since bounced back, thanks in part to outsize gains following its latest earnings report. The new additions mark the biggest overhaul in years for Mr. Ackman's portfolio, which traditionally owns no more than a dozen companies. Mr. Ackman's funds have performed strongly over the long haul but have faced challenges recently.