Versant Sells 1,959 Microsoft Shares
Microsfot Corporation was sold 1,959 shares by Versant Capital Management Inc in the second quarter. This sale reduced Versant's stake in Microsoft by 1.0% to 184,849 shares.
The software giant's stock accounts for approximately 6.2% of Versant's portfolio, making it their largest position. The value of Versant's Microsoft holdings was $68,952,000 at the end of the quarter.
This sale is part of a broader trend in which institutional investors and hedge funds have been adding to or reducing their stakes in MSFT. Longfellow Investment Management Co. LLC, for example, increased its stake in shares of Microsoft by 51.3% in the second quarter.