VistaShares has rolled out the VistaShares Target 15 ACKtivist Distribution ETF (ACKY), an actively managed exchange-traded fund designed to provide core equity exposure by replicating Bill Ackman’s Pershing Square Capital’s publicly disclosed holdings. In addition, the ETF targets 15% annual income, distributed monthly, through an options-based overlay strategy. 

The structure follows the model of VistaShares’ Target 15 Berkshire Select Income ETF (OMAH), launched in March 2025, which reflects selected Berkshire Hathaway holdings and has already attracted nearly $500 million in assets while consistently meeting its monthly distribution target. 

“The acumen of some of history’s most prominent investors can play a significant role in how investors of all types and sizes construct their core equity holdings,” said Adam Patti, CEO of VistaShares. “At the same time, investors now have access to some of the most experienced options investing pros in the space.” 

The launch comes as Pershing Square Holdings, Ackman’s publicly traded closed-end fund, has delivered an annualized return of more than 26% through August 2025. Pershing Square has remained one of the world’s top-performing investment firms since its founding in 2004, recently expanding its product lineup with a registered investment fund filing and regulatory approval for its SPARC (Special Purpose Acquisition Rights Company) structure.