Smith Group Boosts Stake in Microsoft

Smith Group Asset Management LLC has increased its investment in Microsoft Corporation (NASDAQ:MSFT), growing its position by 5.5% in the first quarter, according to the company's most recent 13F filing with the Securities & Exchange Commission.

The fund owned 175,269 shares of Microsoft's stock after acquiring an additional 9,198 shares during the quarter, making it the company's 7th biggest position, accounting for 3.3% of its holdings.

Smith Group Asset Management LLC's holdings in Microsoft were worth $64,879,000 at the end of the most recent quarter.