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Pansing Square liquidates Alphabet holdings while establishing a position in Microsoft.

MeNews
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Abstract generation in progress
AIMPACT News, May 16 (UTC+8), states that the well-known investor Bill Ackman’s hedge fund company Pershing Square Capital Management has established new holdings and sold its long-held shares of Alphabet, Google's parent company, following the recent decline in tech giant Microsoft’s stock price to help fund this investment. Pershing Square still held some Alphabet shares at the end of the first quarter, but a person familiar with its portfolio said that Bill Ackman no longer owns any Alphabet shares and has fully liquidated them in the second quarter. Ackman believes that after the recent stock price decline, Microsoft's current valuation is "extremely attractive." He stated that investing in Microsoft is the latest in a series of tech company investments, all of which have attractive valuations and long-term dominant growth potential. Ackman also said that Microsoft has two of the most valuable enterprise technology businesses—its Azure cloud service division and the M365 Office productivity suite, which includes the $30-per-month Copilot AI assistant, positioning Microsoft at the core of the rapidly growing enterprise AI application sector. (Source: BlockBeats)
MSFT0.06%
GOOGLX0.03%
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DaoEntranceSecurityGuard
· 9h ago
Pansing Square liquidated Alphabet? I'm still holding a position 😂
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午休看TVL
· 10h ago
Classic chasing gains and selling losses; institutions are also human.
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ForgotEverythingAfterMinting
· 10h ago
Is Ackman's timing always this accurate, or is it survivor bias?
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GateUser-a365d15f
· 10h ago
Wait, Microsoft has dropped this much, only then is the valuation attractive? So before, was it considered too expensive?
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OldKeyboardTraitor
· 10h ago
This rebalancing logic is quite clear: shifting from advertising cycle stocks to enterprise software subscription stocks.
View OriginalReply0
SandwichBlockSam
· 11h ago
Google's search moat is being challenged by AI, and Ackman's retreat isn't entirely unjustified.
View OriginalReply0

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