Fairbanks Boosts Microsoft Stake to Fifth-Largest Position
Fairbanks Capital Management Inc., a significant institutional investor, has boosted its stake in Microsoft Corporation (NASDAQ:MSFT) by 8.9% during the first quarter.
The company now owns approximately 19,648 shares of Microsoft's stock, which accounts for 4.5% of Fairbanks' holdings, making it their fifth-largest position.
The total value of Microsoft's shares held by Fairbanks is around $7,273,000 as per the latest SEC filing.