Bill Ackman’s latest 13F offers a sharp look into high-conviction positioning. Names like $SQD

SQDBSC
SQDUSDT
0.06966
+26.63%

, $DOLO

DOLOEthereum
DOLO
0.04252
+16.81%

, and $BIO

BIO
BIO
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highlight a focus on scalable platforms, strong unit economics, and long-term compounding stories. Ackman continues to favor businesses with durable moats and management leverage over short-term macro noise. Worth watching how these positions evolve as fundamentals play out. Smart capital stays patient—and selective.