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Evercore Cuts Stake in Microsoft as Institutional Investors Boost Holdings

Guavy AI Editorial Team
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MSFT
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Evercore Wealth Management LLC has reduced its holdings in Microsoft Corporation (NASDAQ:MSFT) by 3.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

The institutional investor owned 784,201 shares of the software giant's stock after selling 27,332 shares during the period.

Microsoft comprises 4.6% of Evercore Wealth Management LLC's portfolio, making it the company's third largest holding, with a total value of $290.28 million at the end of the quarter.

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