Pershing Square USA

PSUS

Ackman launched Pershing Square USA, a new closed-end fund, in April. Within the first seven weeks, he's invested 85% of capital that was raised.

It's been a month since Pershing Square USA (NYSE:PSUS) and Pershing Square (NYSE:PS), the new plays led by star hedge fund manager Bill Ackman, went live on the public markets.

Pershing Square USA Ltd. (NYSE:PSUS) CEO Bill Ackman announced that he has deployed nearly 85% of capital from his closed-end fund, seizing on a bifurcated market to buy tech behemoths like Meta Platforms Inc. (NASDAQ:META) and Microsoft Corp. (NASDAQ:MSFT) that investors are dismissing as “old-fashioned.

The billionaire's largest fund is off 10% and his new fund is trading 20% below its April IPO price.

NEW YORK--(BUSINESS WIRE)--Pershing Square USA, Ltd. (NYSE:PSUS) (“PSUS” or the “Company”) today announced that beginning with the second quarter 2026, Pershing Square Inc. (NYSE:PS), the parent company of PSUS's Investment Manager, will release its financial results and host an earnings webcast and conference call with analysts. Concurrently with the release of Pershing Square Inc.'s results, PSUS will publish a quarterly portfolio review. Immediately following the Pershing Square Inc. earning.

Barry Ritholtz has watched this movie before, and he knows how it ends. On Bloomberg's Masters in Business “At The Money” segment, the Ritholtz Wealth Management founder issued a plain warning to retail investors about the parade of private credit and private equity products now being repackaged for Main Street: the smart money is looking for a door, and you are being positioned as the door.

Ackman, 60, wrote in a lengthy X post that Microsoft operates “two of the most valuable franchises in enterprise technology” in the form of its 365 productivity apps, which include Word and Excel, and its Azure cloud-computing business.

Legendary investor Bill Ackman is known for years of activist investing with big stakes in companies and pushing for changes. In recent quarters, Ackman has shown a preference to buying Magnificent Seven stocks he deems on sale.

Microsoft (NASDAQ:MSFT) stock is moving higher this morning, after Pershing Square's Bill Ackman revealed a new stake in the tech giant, calling the company an attractive AI play following its post-earnings pullback.

The market has been anything but subtle in its treatment of Microsoft ( NASDAQ:MSFT | MSFT Price Prediction ) in 2026.