All articles tagged with #bill ackman
Pershing Square founder Bill Ackman explained on X that he sold Alphabet stock to fund a new Microsoft position, stressing he’s not betting against Google but that Microsoft offered better value given current valuations and his capital limits. He highlighted Azure growth and AI momentum as reasons MSFT is compelling, even as the stock has lagged this year, using GOOG proceeds to finance the roughly $2B MSFT stake.
Billionaire investor Bill Ackman said Pershing Square will disclose a new Microsoft stake in its upcoming 13F filing, calling the stock's valuation highly compelling amid M365 AI competition and Azure growth concerns.
Pershing Square Capital Management, led by Bill Ackman, disclosed taking a stake in Microsoft, citing a compelling valuation as the reason for the investment; the size of the stake wasn’t disclosed, but the move signals confidence in Microsoft’s long-term fundamentals.
Pershing Square disclosed it began accumulating Microsoft shares in February after a pullback post-earnings, buying at about 21x forward earnings and calling the position a core holding. Ackman argues sentiment over AI competition and Azure growth is overly pessimistic, highlighting Microsoft’s M365/Copilot moat and ongoing R&D as potential accelerators, and notes the move mirrors his prior bets on Alphabet, Amazon and Meta ahead of 13F filings.
Pershing Square's new closed-end fund will disclose a Microsoft stake, with Ackman calling the stock's valuation highly compelling and making Microsoft a core holding for the newly listed Pershing Square USA fund; this follows recent tech bets (Meta, Amazon, Alphabet) as AI competition intensifies, even as Microsoft shares have slipped about 15% this year.
Bill Ackman’s Pershing Square USA Ltd. opened on the NYSE after a $5 billion IPO and private placement, but the shares dropped about 18% from the $50 offer price to close at $40.90; the launch, meant to give retail investors Berkshire Hathaway-like, long-term exposure via a closed-end fund, drew skepticism over the structure’s discounts and the ability to sustain returns, despite Ackman’s public push and a large following.
Hedge fund manager Bill Ackman’s second attempt to list Pershing Square USA and its management company is moving forward, having raised about $5bn of a $10bn target as trading is poised to begin. The deal aims to secure perpetual capital and steady fee revenues, but investors remain wary of closed‑end funds. Ackman’s earlier, far larger 2024 bid was scrapped, and this listing relies largely on institutional buyers with some retail participation amid ongoing market volatility that has pressured Pershing Square’s flagship fund.
British luxury watchmaker Bremont, backed by billionaire investor Bill Ackman, is pursuing a space-bound growth strategy after a governance overhaul and a long-term investment that now places Ackman's stake around 70%. The company has shifted away from its in-house movement program, installed Davide Cerrato as CEO, and is partnering with Astrolab on the FLIP lunar rover to create the Bremont Supernova Chronograph with the aim of becoming the first British watch on the moon and left on the lunar surface, signaling a long-term brand-building strategy despite current losses.
Pershing Square’s Bill Ackman is bidding about $63.5–$64 billion to buy Universal Music Group, naming Michael Ovitz as chairman and keeping Lucian Grainge as CEO; the plan envisions a Berkshire Hathaway‑style entertainment conglomerate with an NYSE listing possibility, while the board reviews the proposal and Bolloré’s stake adds a wildcard to the deal.
Bill Ackman is in talks to launch a new stand-alone fund that would place asymmetric bets against prevailing market narratives, echoing the pandemic-era doomsday trades that generated huge windfalls for Pershing Square. The strategy would use derivatives and short-term US debt before deploying into large credit and macro bets, potentially via an Amsterdam-listed vehicle, while Ackman also pursues growth ahead of a public listing and broader conglomerate moves amid recent fund-performance headwinds.
Ackman argues that high-quality stocks are trading at attractive discounts and flags Fannie Mae and Freddie Mac as potential 10x upside; Michael Burry agrees with the bullish view as both bet on a market bargain amid volatility and evolving post-crisis policy dynamics.
Billionaire investor Bill Ackman argues the current market dislocation offers a rare entry point to buy high-quality companies, highlighting Fannie Mae and Freddie Mac as “stupidly cheap” bets and urging investors to ignore macro fears. He cites an asymmetric setup in select names as volatility persists and Pershing Square remains down YTD, with plans to list on the NYSE under ticker PS.
Billionaire investor Bill Ackman says the Middle East conflict is bullish for equities and urges investors to buy quality, pointing to Fannie Mae and Freddie Mac trading near lows with 10x upside potential.
Bill Ackman is pursuing a dual IPO of Pershing Square Inc. and the Pershing Square USA fund on the NYSE, aiming to raise $5–$10 billion for the fund and list the management company; after a failed 2024 listing attempt, he has about $2.8 billion in institutional commitments, with the structure offering investors shares in the management company and testing public appetite for Ackman’s hedge-fund empire, potentially valuing the operation well above prior highs (well over $10 billion) if demand holds.
Economists and business leaders offered a mixed read on Donald Trump's State of the Union address: while Bill Ackman praised his federally matched retirement plan as a potential bipartisan wealth-builder, critics like Paul Krugman accused the speech of distortions and warned tariff policies could worsen affordability. Ian Bremmer noted a polarized national mood, Peter Schiff cautioned inflation hasn’t truly improved under Trump, and Roger Altman argued the address was more show than a catalyst for growth, even as observers forecast modest growth and cooling inflation with tariffs possibly sticking around and AI energy costs looming.