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According to Deadline, the movie knocked out 'Get Out' and 'Phantom Thread' to secure the position.
'Lady Bird' also took back the trophy in the best director, screenplay and supporting actress categories.
In the best picture category, the film 'Lady Bird' had beat 'Get Out' and 'Phantom Thread', reports Deadline.
Here's the complete winners list:
Best picture: ?Lady Bird
Best actor: Daniel Kaluuya for Get Out
Best actress: ?Sally Hawkins for The Shape of Water and Maudie
Best supporting actress: ?Laurie Metcalf for Lady Bird
Best director: ?Greta Gerwig for Lady Bird
Best screenplay: ?Greta Gerwig for Lady Bird
Best foreign-language film: Graduation
Best non-fiction film: Faces Places
Special citation for a film awaiting U.S. distribution: Agnieszka Holland's Spoor
Best experimental film: Ben Russell's Good Luck
Film heritage award: "One Way or Another: Black Women's Cinema 1970-1991," BAMcinematek
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