Bill Ackman's position in Alphabet is currently worth $12.1M. That's 0.08% of their equity portfolio (10th largest holding). The first Alphabet trade was made in Q1 2023. Since then Bill Ackman bought shares three more times and sold shares on four occasions. The stake costed the investor $4.09M, netting the investor a gain of 195% so far.
This artificial intelligence company offers compelling value, but Ackman says there are even better opportunities.
Ackman's Pershing Square hedge fund largely exited from its massive Alphabet position in Q1 and initiated a stake in Microsoft.
Billionaire investor Bill Ackman said on Saturday that the sale of Google parent Alphabet's shares was not a bet against the company.
It's been a big end to April for Bill Ackman as his much-anticipated Pershing Square USA (NYSE:PSUS) went live on public markets.