Bill Ackman takes a stake in Microsoft
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Bill Ackman said Pershing Square has built a new stake in Microsoft Corp., taking advantage of a decline in the company’s share price to invest in a business that he said is stronger and more resilient than investors think.
Billionaire investor Bill Ackman clarified on Saturday that his hedge fund’s decision to fully liquidate its long-held stake in Google parent Alphabet Inc Class A (NASDAQ:GOOGL) was driven by portfolio rebalancing rather than negative sentiment.
Bill Ackman counts Microsoft, Meta Platforms, Amazon and Google among the holdings of his hedge fund Pershing Square Capital Management.