Hilltop Holdings Cuts Microsoft Stake by Nearly Two-Thirds

Hilltop Holdings Inc. reduced its stake in Microsoft Corporation's (NASDAQ:MSFT) shares by 66.4% in the first quarter, according to a filing with the Securities & Exchange Commission.

The firm sold 83,644 shares during this period, leaving it with 42,330 shares of MSFT stock worth approximately $15,669,000 at the end of the most recent reporting period.

This represents about 1.4% of Hilltop Holdings Inc.'s holdings, making Microsoft its 10th biggest holding.