Verus Capital Cuts Stake in Microsoft Amid AI Infrastructure Spending Concerns
Verus Capital Partners LLC reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by 44.1% during the first quarter, according to a recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 94,051 shares of the software giant's stock after selling 74,155 shares during the period. This represents 2.4% of Verus Capital Partners LLC's portfolio, making it the company's sixth largest position.
The value of Microsoft's holdings was $34,815,000 as of its most recent filing with the SEC. This is just one example of changes in institutional investors' holdings in Microsoft Corporation, which has been a subject of interest for analysts and investors alike.