Bill Ackman, through Pershing Square, sold his entire stake in Alphabet (Google) in Q2 2026 amid AI product competition.

The entities involved

• Bill Ackman →

  American billionaire hedge fund manager (born 1966)

  • Bill Ackman expressed the belief that the Federal Reserve's recent rate hikes might be a mistake.Sun 12:14
• Pershing Square →

  park in downtown Los Angeles

  • Pershing Square added Uber Technologies as a new holding on August 18, 2026.Thu 19:57
  • The fund is currently heavily invested in Uber, which is negatively impacting its performance.Thu 19:57
• Google →

  American multinational technology company, a subsidiary of Alphabet Inc.

  • Google referrals for publishers declined by 36%, according to Chartbeat data.Mon 17:38
  • A global center for quantum research is located in Goleta.Mon 16:53

Related events

• Bill Ackman's Pershing Square increased and reduced stakes in Amazon and AWS during Q2, requiring SEC filings.Aug 28
• Berkshire Hathaway increased its stake in Alphabet (Google) by 83% during the second quarter of 2026.Aug 17
• Investors like Bill Ackman, Elon Musk, and Warren Buffett are noted for holding significant concentrated stakes in big tech companies.Jul 4
• David Tepper made significant portfolio moves in Q2 2025, increasing his stake in Nvidia while selling shares of Alibaba, Meta, and reducing his position in Alphabet.Jun 7