Bill Ackman Bets Big on Magnificent 7 Stocks, But Only Loves 3 of Them
Key takeaways
- Ackman is doubling down on Meta and Microsoft, trimming Alphabet and Amazon, reshaping his tech bets for the next year.
- Alphabet sold out in Q2
- Amazon trimmed 25% in Q2
- Meta stake up 20.1% in Q2
What happened
Bill Ackman’s Pershing Square Capital disclosed its Q2 2026 13F, showing a shift in its Magnificent Seven holdings: it exited Alphabet entirely, trimmed Amazon by 25%, and added new stakes in Meta (+20.1%) and Microsoft (+9.8%). The portfolio now ranks Microsoft ($2.32 B), Amazon ($2.04 B), and Meta ($1.80 B) among its top ten positions.
Why it matters
The moves signal Ackman’s confidence in Meta’s AI upside and Microsoft’s enterprise dominance, while his retreat from Alphabet and Amazon reflects a recalibration of risk‑return expectations. The new bet sizes also affect liquidity and market perception of these tech leaders.
Short-term and longer-term
Short-term. Ackman’s 20.1% jump in Meta and 9.8% increase in Microsoft suggest an upbeat stance that could lift their shares if the AI narrative gains traction.
Longer-term. For investors, Ackman’s focus on Meta’s AI potential and Microsoft’s enterprise cloud and OpenAI stake indicates a long‑term bet on sustained growth in digital advertising and cloud services.