Ackman Doubles Down on Microsoft Amid AI and Cloud Growth

Pershing Square Capital Management's Bill Ackman made headlines when he opened a new position of $2.09 billion in Microsoft, valuing 5.65 million shares at roughly 15.26% of the disclosed portfolio.

This was a significant move by Ackman, as it marked his largest holding after Alphabet, which he significantly reduced in the same filing.

Ackman funded this purchase by selling $1.84 billion worth of Alphabet shares, which had returned 98.05% over the trailing year.