Bill Ackman Q1 2026 Investment Activity Analysis
Bill Ackman's Pershing Square Capital Management reported significant changes in its portfolio holdings for the first quarter of 2026, including notable increases in Amazon and Microsoft, alongside reductions in several other positions.
For the quarter ending March 31, 2026, Bill Ackman's Pershing Square Capital Management saw significant shifts in its portfolio holdings. The fund, managed by Ackman, demonstrated notable buying activity in certain stocks while reducing positions in others.
Amazon.com Inc. (AMZN) stands out as a major addition. The fund increased its stake in the e-commerce giant by 1,145,198 shares, representing a substantial 19.19% increase in shares during the quarter. This translates to a significant increase in the stock's value within the portfolio, now accounting for 17.39% of the total holdings. Ackman's increased confidence in Amazon is evident in this substantial position expansion.
Microsoft Corp. (MSFT) also saw a dramatic increase, with the fund acquiring an additional 5,654,078 shares. This represents a 100% increase in shares for the quarter, effectively doubling the position. Microsoft now constitutes 15.26% of the portfolio, making it the second-largest holding.
Conversely, the fund reduced its stake in several other companies. Uber Technologies Inc. (UBER) saw a decrease of 248,963 shares, a 0.82% reduction. Similarly, Brookfield Corporation (BN) experienced a 2.78% decline in its share count during the period. The position in Restaurant Brands International (QSR) also decreased, albeit slightly, by 0.97%.
Meta Platforms Inc. (META) and Alphabet Inc. (GOOG, GOOGL) also saw reductions, but these were more pronounced. The fund sold significant portions of these holdings, with Alphabet (GOOG) experiencing a 94.94% reduction in shares and Alphabet (GOOGL) seeing a 95.23% reduction. Ackman's stake in both major tech companies has significantly shrunk over the quarter.
It's important to note that the data provided does not indicate the previous quarter's allocation percentages, making it impossible to definitively confirm if any positions were fully exited or if any new positions were initiated beyond those shown in the 'top holdings' list.
For more detailed information on Bill Ackman's investment strategies and Pershing Square Capital Management, please visit Bill Ackman's profile. You can explore the specific companies in the portfolio, such as Amazon.com Inc., Microsoft Corp., and others, on our platform.