Pershing Square Capital Acquires 5.6 Million Microsoft Shares in Strategic Shift

Bill Ackman announced that Pershing Square Capital acquired a 5.6 million-share position in Microsoft during the first quarter of 2026, valued at $2.09 billion. According to NS3.AI, this stake represents approximately 5.3% of Pershing Square Capital's portfolio. The acquisition was financed by selling shares of Alphabet's Google. Ackman emphasized that the decision was driven by valuation and capital allocation strategies, rather than a negative outlook on Alphabet.