KCM Investment Advisors Cuts Microsoft Stake by 3%
KCM Investment Advisors LLC has significantly reduced its stake in Microsoft Corporation (NASDAQ:MSFT). In the first quarter, the firm trimmed its position by 3.0%, selling off 8,999 shares of the software giant's stock.
This reduction resulted in KCM Investment Advisors LLC owning 289,473 shares of Microsoft's stock, valued at $107,154,000 as of the end of the reporting period.
Microsoft accounts for approximately 3.6% of KCM Investment Advisors LLC's investment portfolio, making it the firm's fourth-largest holding.