#pershingsquare

qwant news | Bill Ackman's Pershing Square discloses Microsoft stake, touts 'deeply embedded' software AI generated summary, Read the full article for complete information. Billionaire investor Bill Ackman announced that his firm Pershing Square Capital has taken a stake in Microsoft, calling the tech giant a “core holding” because it runs two of the most valuable enterprise franchises—its Microsoft 365 productivity suite (including Word and Excel) and its Azure cloud‑computing business. Ackman argued that investors underestimate the resilience and deeply embedded role of M365 across enterprises and see Microsoft’s recent restructuring of its OpenAI revenue‑sharing deal as a strategic shift toward a more open, multi‑model AI architecture that should drive future revenue, despite the company’s recent 12% stock decline and concerns about Azure growth and high AI‑related spending. His post helped lift Microsoft shares nearly 2% in early trading. Read more: https://nypost.com/2026/05/15/business/bill-ackmans-pershing-square-discloses-microsoft-stake-touts-deeply-embedded-software/ #BillAckman #PershingSquare #Microsoft #Microsoft365 #Azure

qwant news | Bill Ackman moves into Microsoft, with the size to be disclosed today AI generated summary, Read the full article for complete information. Pershing Square has opened a new, undisclosed‑size position in Microsoft after the stock fell about 16% year‑to‑date, a move announced by Bill Ackman on X and to be detailed in a 13F filing later Friday. Ackman argues the market is undervaluing Microsoft’s entrenched enterprise software franchise—Office, Windows and Azure—rather than its AI initiatives, noting the company’s strong FY‑Q3 results (Azure up 40%, AI run‑rate $37 bn, total revenue $82.9 bn) and the recent $190 bn capex guidance boost that paradoxically pressured the share price. He likens the trade to a previous Pershing Square stake in Meta taken after a capex‑driven sell‑off, framing Microsoft as a high‑quality, temporarily discounted megacap. The filing will reveal whether the fund reallocated existing holdings or used cash for the purchase, as hedge funds must report 13F positions within 45 days of quarter‑end. Read more: https://thenextweb.com/news/ackman-pershing-square-microsoft-stake-capex #BillAckman #PershingSquare #Microsoft #AmyHood #Azure

qwant news | Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth AI generated summary, Read the full article for complete information. Bill Ackman, founder and CEO of Pershing Square, disclosed that his hedge fund began accumulating Microsoft shares in February after the stock fell more than 26% from its July 2025 peak, citing the pullback as a rare chance to buy a dominant tech franchise at a compelling valuation of about 21 times forward earnings. Ackman said investors have over‑reacted to concerns about Microsoft’s AI competitiveness and Azure growth, emphasizing that the company’s M365 suite remains deeply embedded in enterprises thanks to its security, compliance and identity infrastructure, and that its R&D focus on the Copilot AI agent should boost product velocity and customer adoption. He called Microsoft a “core holding” and likened the investment to previous Pershing Square purchases of Alphabet, Amazon and Meta made during periods of AI‑related market skepticism. Read more: https://www.cnbc.com/2026/05/15/bill-ackman-says-he-built-microsoft-position-in-first-quarter.html #BillAckman #PershingSquare #Microsoft #Azure #AI

qwant news | Bill Ackman's $5 billion Pershing Square IPO to start trading, testing Berkshire-style vision AI generated summary, Read the full article for complete information. Bill Ackman’s Pershing Square USA (ticker PSUS) debuted on the NYSE at $42, well below its $50 IPO price, and was trading around $40.90, an 18% decline, while the related asset‑manager stock Pershing Square Inc. (PS) opened at $24 and hovered near $23.50. The $5 billion offering created two separately traded entities—a closed‑end fund (PSUS) and the management company (PS)—designed to attract both institutional and retail investors and to omit performance fees. Investors in PSUS also received bonus shares of PS, linking the two vehicles. Ackman positioned the structure as a step toward a Berkshire‑Hathaway‑style permanent‑capital platform, emphasizing Pershing Square’s 2,600% cumulative net return since 2004, its macro‑hedging record (including a 93‑fold COVID‑era credit‑protection trade), and plans for Berkshire‑inspired shareholder practices such as annual meetings and investor days. Read more: https://www.cnbc.com/2026/04/29/bill-ackmans-5-billion-pershing-square-ipo-to-start-trading-testing-berkshire-style-vision.html #BillAckman #PershingSquare #BerkshireHathaway #WarrenBuffett #Amazon #Uber #Brookfield

bing news | Bill Ackman thinks he’ll convince UMG shareholders to take his deal. JP Morgan isn’t so sure. Bill Ackman’s Pershing Square has lodged an unsolicited, non‑binding cash‑and‑shares proposal to buy Universal Music Group (UMG) at a valuation of roughly $64 billion. The offer would give UMG shareholders €9.4 billion in cash plus 0.77 shares of a newly created “New UMG” for each share they hold. Pershing Square would fund about a quarter of the cash itself, while the balance would come from new investment‑grade debt and the sale of UMG’s €2.7 billion stake in Spotify. Ackman says the deal would also free up up to €750 million for UMG’s artists from the Spotify sale and could pave the way for a NYSE listing via Pershing Square’s SPARC vehicle. The proposal hinges on the backing of Bolloré Group, which currently owns a 28 % stake in UMG, and the approval of UMG’s board led by Sir Lucian Grainge. While Ackman asserts “overwhelming shareholder support” and reports an encouraging response from Bolloré, JP Morgan analyst Daniel Kerven warned that Bolloré may not back the plan, noting there is nothing in Pershing’s offer that UMG could not achieve on its own with major shareholder support. Other analysts echoed the uncertainty: ING said the proposal raises “many valid points” but might fail, and Deutsche Bank called it “opportunistic and timely” but offered no prediction. Tencent, which holds about 20 % of UMG through a consortium, appears indifferent and was reportedly “out of the loop” before the announcement. If the deal proceeds, Pershing Square would contribute €2.5 billion in cash, while €5.4 billion would be raised through debt and €1.5 billion would come from selling the Spotify stake. The financing structure means Pershing Square is putting up roughly a quarter of the cash, with the remainder financed externally and by liquidating an existing UMG asset. The transaction could open a window for other private‑equity firms—such as Blackstone and Apollo—to pursue UMG, which recently launched a €500 million share‑repurchase program citing a “meaningful dislocation” in its market valuation. UMG’s board has said it will review the proposal in line with its fiduciary duties but will not comment further until that review is complete. Read more: https://www.musicbusinessworldwide.com/bill-ackman-thinks-hell-convince-umg-shareholders-to-take-his-deal-jp-morgan-isnt-so-sure/ #billackman #umg #pershingsquare #universalmusicgroup #bollorégroup