Hound Partners LLC Doubles Down on Microsoft with $17.5 Million Stake
Hound Partners LLC has significantly increased its stake in Microsoft Corporation (NASDAQ:MSFT). The institutional investor acquired an additional 12,922 shares during the first quarter, increasing its stake by 37.6%. As of its most recent SEC filing, Hound Partners LLC's holdings in Microsoft were worth $17,497,000.
The company now owns approximately 47,267 shares of Microsoft's stock, making it the software giant's 12th largest position, accounting for about 2.2% of Hound Partners LLC's holdings. This is not an isolated incident; other institutional investors and hedge funds have also been buying and selling shares of Microsoft.
Vanguard Group Inc., State Street Corp, Geode Capital Management LLC, Morgan Stanley, and Norges Bank have all increased their stakes in the company during the last quarter. Institutional investors own 71.13% of Microsoft's stock.