Bill Ackman's Pershing Square owned 90.3M shares of Procter & Gamble (PG) at the end of Q2 -...

|About: The Procter & Gamble Company (PG)|By:, SA News Editor

Bill Ackman's Pershing Square owned 90.3M shares of Procter & Gamble (PG) at the end of Q2 - that translates into a 3.3% stake in the consumer goods giant, which Ackman has made an activist target of. Perhaps to make room for its P&G investment, Pershing dissolved its stakes in Kraft (KFT), Family Dollar (FDO), Burger King (BKC), and Fortune Brands (FBHS), and lowered its stake in Citigroup (C) (13-F)