Billionaire Bill Ackman Trimmed This Big Tech Position to Back These 2 AI Contenders

finance.yahoo.com · 2026-09-13

The famed fund manager lowered his position in Amazon and was buying shares of Microsoft and Meta Platforms.

TickrTrends take: Meta Platforms operates in the Communication Services sector where TickrTrends currently rates it as undervalued. Bill Ackman's recent portfolio adjustment away from certain large technology positions to focus on artificial intelligence companies reflects the ongoing market debate about valuations across the tech industry. For valuation-focused investors tracking Meta, such portfolio rebalancing by prominent investors underscores the importance of monitoring how the market reassesses communication services companies relative to pure-play AI opportunities.

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