Stocks
OMERS ADMINISTRATION Corp Sells $510M Worth of Microsoft Stock
OMERS ADMINISTRATION Corp reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by 13.9% during the first quarter, according to a recent 13F filing with the Securities and Exchange Commission.
The fund sold 223,249 shares of the software giant's stock, leaving it with 1,379,795 shares worth approximately $510,759,000 as of its most recent filing.
Microsoft makes up about 3.3% of OMERS ADMINISTRATION Corp's holdings and is currently the company's sixth-largest position.
Other institutional investors have also made changes to their stakes in MSFT during the quarter, with Longfellow Investment Management Co. LLC increasing its holdings by 51.3%