Why publicly "jump back"? Ackman's flagship fund has lost 15% this year

Trump's tariff policy impacts global financial markets, hedge fund mogul Bill Ackman's investment portfolio suffers a heavy blow, with a loss of 15% this year.

According to reports, billionaire Bill Ackman's London-listed investment trust, Pershing Square Holdings, has fallen 15% this year, primarily due to the global tariff policy implemented by the Trump administration, which has severely impacted his portfolio.

The former staunch supporter of Trump has publicly turned to criticize Trump's trade policy, calling it "economic nuclear war," and warning that it will lead to stagnation in business investment, a decline in consumer spending, and severely damage America's global reputation.

Portfolio suffers heavy losses, major positions plummet

With less than 100 days into Trump's second term, the turmoil in the financial markets has severely impacted many of Ackman's significant bets, resulting in massive losses for his investment trust. Ackman currently manages approximately $16 billion in assets primarily through his London-listed investment trust.

Ackman's investment trust has seen the most significant losses in its holdings of Nike, the Mexican-style fast-food chain Chipotle, asset management company Brookfield, and Alphabet, with declines exceeding 20% as of Monday.

According to the company's annual report, as of the end of last year, Alphabet and Brookfield were the two largest positions in Ackman's investment trust, valued at nearly $2 billion and $1.8 billion, respectively.

According to publicly disclosed information, the company did not report any hedging positions before last week's market crash.

Former supporter publicly opposes Trump's tariff policy

Ackman actively supported Trump during the campaign and the early days of his presidency, stating that the incoming administration would be one of the most "business-friendly" in American history.

However, Ackman's attitude has recently shifted dramatically. According to a previous report by Wall Street Watch, Ackman posted several messages on social media on Sunday, vehemently criticizing Trump's global tariff plan.

He warned: "If we launch economic nuclear war against every country in the world on April 9, business investment will stagnate, consumers will tighten their wallets, and we will severely damage our reputation in the rest of the world, which will take years or even decades to recover."

The billionaire investor called for Trump to implement a 90-day pause to negotiate a tariff agreement. Ackman believes that attempting to reach an agreement during a market crash is unhelpful for negotiations and stated that those who recommend this plan to Trump should be immediately fired.

Ackman also publicly confronted U.S. Secretary of Commerce Howard Lutnick on social media. Lutnick had stated on live television that he strongly supports tariffs, while Ackman accused him and his company Cantor Fitzgerald of "profiting while our economy collapses." However, Ackman retracted his statement on Monday, stating that criticizing Lutnick was "unfair."