Cypress Capital Group Trims Microsoft Stake
Cypress Capital Group, an investment firm, revealed its latest holdings in Microsoft Corporation (NASDAQ:MSFT) through its SEC filing. The fund trimmed its holdings in Microsoft by 2.4% during the first quarter, selling 2,027 shares.
As of its most recent SEC filing, Cypress Capital Group owned 82,840 shares of Microsoft's stock, which accounts for about 3.4% of its total holdings. This makes Microsoft the fund's third-largest holding, with a value of $30,665,000.
This is not an isolated instance; other hedge funds and institutional investors have also modified their holdings in Microsoft during this period. For example, Longfellow Investment Management Co. LLC grew its position in Microsoft by 51.3% in the second quarter, while Bernzott Capital Advisors purchased a new position in the company.