Coronation Fund Boosts Microsoft Stake by Nearly 50%

Coronation Fund Managers Ltd., a significant institutional investor, has increased its stake in Microsoft Corporation (NASDAQ: MSFT) by 49.3% in the first quarter, according to its recent disclosure with the Securities & Exchange Commission.

The company now owns approximately 138,606 shares of Microsoft's stock after acquiring an additional 45,793 shares during the period. This represents about 2.3% of Coronation Fund Managers Ltd.'s holdings, making it the company's 12th largest holding.

The value of Coronation Fund Managers Ltd.'s holdings in Microsoft was $51,308,000 at the end of the most recent quarter.