--- title: "Bill Ackman Exits Alphabet, Raises Bets on Microsoft & Meta" type: "News" locale: "en" url: "https://longbridge.com/en/news/295982841.md" description: "Pershing Square revealed Q2 2026 portfolio changes, exiting Alphabet (GOOG/GOOGL) while increasing stakes in Microsoft and Meta. New positions included Netflix, Mastercard, Visa, S&P Global, and Pershing Square USA. Top holdings shifted, with Uber, Brookfield, and Microsoft leading. Ackman reduced Amazon by 25.2% but maintained it as a top-five position." datetime: "2026-08-14T22:32:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295982841.md) - [en](https://longbridge.com/en/news/295982841.md) - [zh-HK](https://longbridge.com/zh-HK/news/295982841.md) generator: "portal-rs" --- # Bill Ackman Exits Alphabet, Raises Bets on Microsoft & Meta **Bill Ackman**‘s **Pershing Square** unveiled the latest changes to the hedge fund on Friday, including the newly announced re-entry into **Netflix Inc** (NASDAQ:NFLX). ## **New Positions** Pershing Square unveiled several new positions in the second quarter, which ended June 30, 2026. Here’s a look at the changes to the portfolio compared to first quarter. - **Netflix Inc** (NASDAQ:NFLX): Add 13,081,465 shares - **Mastercard** (NYSE:MA): Add 2,124,646 shares - **Visa Inc** (NYSE:V): Add 3,270,470 shares - **S&P Global Inc** (NYSE:SPGI): Add 2,593,155 shares - **Pershing Square USA** (NYSE:PSUS): Add 4,000,000 shares **Read Also: Bill Ackman Wants To Follow Buffett, Build The Next Berkshire Hathaway: 'It's Something I've Always Wanted To Do'** ## **Exited Positions** In the second quarter, Pershing Square exited positions in the following stocks: - **Alphabet Class C** (NASDAQ:GOOG) - **Alphabet Class A** (NASDAQ:GOOGL) ## **Portfolio Changes** The second-quarter 13F showed changes in the existing stocks held by Pershing Square. Here are the top decreases in stakes by Pershing Square in the second quarter, by percentage. - **Amazon.com Inc** (NASDAQ:AMZN): -25.2% - **Brookfield Corp** (NYSE:BN): -3.7% - **Hertz Global Holdings** (NASDAQ:HTZ): -1.6% Here are the top additions in the second quarter by percentage: - **Meta Platforms** (NASDAQ:META): +20.1% - **Uber Technologies** (NYSE:UBER): +14.6% - **Restaurant Brands International** (NYSE:QSR): +14.0% - **Microsoft Corporation** (NASDAQ:MSFT): +9.8% ## **Top Holdings** At the end of the second quarter, these were the largest stock holdings in the Pershing Square portfolio and their valuation at the time: - Uber: $2.48 billion - Brookfield: $2.45 billion - Microsoft: $2.32 billion - Amazon: $2.04 billion - Howard Hughes: $1.99 billion - Restaurant Brands: $1.87 billion - Meta Platforms: $1.80 billion - Visa: $1.12 billion - Mastercard: $1.09 billion - S&P Global: $1.06 billion - Netflix: $934 million New stakes in Visa, Mastercard and S&P Global all landed in the top 10 to end the quarter. Ackman’s Magnificent Seven exposure went in two directions: he added to Microsoft and Meta, both top-10 holdings, while cutting Amazon and exiting Alphabet’s Class A and Class C shares outright. Amazon is still a top-five position. *Photo courtesy: T. Schneider / Shutterstock.com* **Read Also: Bill Ackman Vs. 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