Ackman buys Microsoft as Loeb exits the stock for Alphabet
The post Ackman buys Microsoft as Loeb exits the stock for Alphabet appeared on BitcoinEthereumNews.com. Billionaire investors Bill Ackman and Daniel Loeb made different bets on two of the world’s largest technology companies. Bill Ackman’s hedge fund, Pershing Square Capital Management, built a new position in Microsoft. On the other hand, Daniel Loeb’s Third Point exited the software giant entirely, according to quarterly regulatory filings and public disclosures. The two investors also diverged on Alphabet. Third Point added to the Google parent during the quarter, while Ackman sharply reduced Pershing Square’s position and later exited the remainder. Ackman, Loeb execute opposite trades Ackman wrote on X that Pershing began buying Microsoft shares in February after the stock fell following the company’s fiscal Q2 earnings report. “We began building our position in MSFT in February following a meaningful share price decline after the company reported its fiscal Q2 2026 results,” Ack