Microsoft Surpasses $4B Valuation as The Manufacturers Life Insurance Company Boosts Stake
The Manufacturers Life Insurance Company increased its stake in Microsoft Corporation's shares by 3.3% during the first quarter.
The company acquired an additional 352,598 shares of MSFT stock, bringing its total holdings to 11,164,853 shares.
This represents about 3.6% of The Manufacturers Life Insurance Company's portfolio, making Microsoft its biggest holding.
The value of the company's stake in MSFT is approximately $4,132,789,000, according to the SEC filing.