diff --git a/change/@fluentui-react-headless-components-preview-b16870e3-e158-4967-bf40-1c8256986797.json b/change/@fluentui-react-headless-components-preview-b16870e3-e158-4967-bf40-1c8256986797.json
new file mode 100644
index 00000000000000..914d6835e16616
--- /dev/null
+++ b/change/@fluentui-react-headless-components-preview-b16870e3-e158-4967-bf40-1c8256986797.json
@@ -0,0 +1,7 @@
+{
+  "type": "patch",
+  "comment": "usePositioning: share anchor-name across positioned popovers so a Tooltip and Menu can attach to one trigger",
+  "packageName": "@fluentui/react-headless-components-preview",
+  "email": "mgodbolt+microsoft@microsoft.com",
+  "dependentChangeType": "patch"
+}
diff --git a/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.test.tsx b/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.test.tsx
index e048c4c6421b0a..cadfd8afc62d67 100644
--- a/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.test.tsx
+++ b/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.test.tsx
@@ -34,6 +34,47 @@ describe('usePositioning', () => {
     expect(node.style.getPropertyValue('anchor-name')).toMatch(/^--popover-anchor-/);
   });
 
+  it('appends to anchor-name so multiple instances can share one trigger', () => {
+    // Two popovers (e.g. a Tooltip and a Menu) attached to the same trigger.
+    const first = mountHook();
+    const second = mountHook();
+    const node = document.createElement('div');
+
+    act(() => {
+      first.current.targetRef(node);
+      second.current.targetRef(node);
+    });
+
+    const names = node.style
+      .getPropertyValue('anchor-name')
+      .split(',')
+      .map(name => name.trim())
+      .filter(Boolean);
+
+    // Both instances contribute their own anchor name; neither clobbers the other.
+    expect(names).toHaveLength(2);
+    expect(names[0]).not.toBe(names[1]);
+    names.forEach(name => expect(name).toMatch(/^--popover-anchor-/));
+  });
+
+  it('preserves a pre-existing author-set anchor-name', () => {
+    const result = mountHook();
+    const node = document.createElement('div');
+    node.style.setProperty('anchor-name', '--app-anchor');
+
+    act(() => {
+      result.current.targetRef(node);
+    });
+
+    const names = node.style
+      .getPropertyValue('anchor-name')
+      .split(',')
+      .map(name => name.trim());
+
+    expect(names).toContain('--app-anchor');
+    expect(names.some(name => /^--popover-anchor-/.test(name))).toBe(true);
+  });
+
   it('containerRef writes position-anchor and position-area matching the props', () => {
     const result = mountHook({ position: 'below', align: 'start' });
     const node = document.createElement('div');
diff --git a/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.ts b/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.ts
index 53de720c0bbb58..5b029e2f3473c7 100644
--- a/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.ts
+++ b/packages/react-components/react-headless-components-preview/library/src/hooks/usePositioning/usePositioning.ts
@@ -72,9 +72,31 @@ export function usePositioning(options: PositioningProps): PositioningReturn {
     if (!effectiveTarget) {
       return;
     }
-    effectiveTarget.style.setProperty('anchor-name', anchorName);
+
+    // `anchor-name` is a comma-separated list. Append this instance's name
+    // instead of overwriting so that multiple positioned popovers can share a
+    // single trigger (e.g. a Tooltip on hover and a Menu on click attached to
+    // the same button) without clobbering each other's anchor. On cleanup we
+    // remove only our own name, preserving any others still in use.
+    const readAnchorNames = () =>
+      effectiveTarget.style
+        .getPropertyValue('anchor-name')
+        .split(',')
+        .map(name => name.trim())
+        .filter(Boolean);
+
+    const names = readAnchorNames();
+    if (!names.includes(anchorName)) {
+      effectiveTarget.style.setProperty('anchor-name', [...names, anchorName].join(', '));
+    }
+
     return () => {
-      effectiveTarget.style.removeProperty('anchor-name');
+      const remaining = readAnchorNames().filter(name => name !== anchorName);
+      if (remaining.length > 0) {
+        effectiveTarget.style.setProperty('anchor-name', remaining.join(', '));
+      } else {
+        effectiveTarget.style.removeProperty('anchor-name');
+      }
     };
   }, [effectiveTarget, anchorName]);