Southpoint Boosts Microsoft Stake by 20% in Q1

Southpoint Capital Advisors LP has increased its stake in Microsoft Corporation (NASDAQ:MSFT) by 20% in the first quarter, according to a recent filing with the Securities and Exchange Commission. The institutional investor now owns 600,000 shares of the software giant's stock after purchasing an additional 100,000 shares during the quarter.

Microsoft comprises about 4.6% of Southpoint Capital Advisors LP's holdings, making it the company's 8th largest holding. The value of its Microsoft holdings as of its most recent filing was $222,102,000.