Microsoft Shareholders See Significant Changes in Recent Months
Wealthfront Advisers LLC reduced its position in Microsoft Corporation (NASDAQ:MSFT) shares by 7.1% during the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission (SEC). The company now owns 784,119 shares of Microsoft's stock, valued at $290,257,000.
This represents only 0.6% of Wealthfront Advisers LLC's holdings, making Microsoft its 25th largest holding. This is not an isolated incident, as other institutional investors and hedge funds have also been buying and selling Microsoft shares recently.
For example, Taylor Securities Services Inc. purchased a new position in Microsoft during the fourth quarter worth approximately $2,616,000. Markel Group Inc. raised its position in Microsoft by 0.4% in the first quarter, while Werba Rubin Papier Wealth Management increased its stake in Microsoft by 15.7% during the same period.