Antipodes Partners cuts stakes in Microsoft

ANTIPODES PARTNERS Ltd reduced its position in Microsoft Co. (NASDAQ:MSFT) by 13.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).

The fund owned 902,131 shares of the software giant’s stock after selling 137,396 shares during the period. Microsoft makes up about 8.3% of ANTIPODES PARTNERS Ltd’s investment portfolio, making the stock its biggest position.

ANTIPODES PARTNERS Ltd’s holdings in Microsoft were worth $183,592,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Selective Wealth Management Inc. raised its holdings in Microsoft by 26.9% during the second quarter. Selective Wealth Management Inc. now owns 236 shares of the software giant’s stock valued at $48,000 after acquiring an additional 50 shares during the period.

KG&L Capital Management LLC raised its holdings in Microsoft by 0.7% during the second quarter. KG&L Capital Management LLC now owns 7,764 shares of the software giant’s stock valued at $1,579,000 after acquiring an additional 53 shares during the period. Prentiss Smith & Co. Inc. raised its holdings in Microsoft by 0.5% during the first quarter. Prentiss Smith & Co. Inc. now owns 11,701 shares of the software giant’s stock valued at $1,845,000 after acquiring an additional 58 shares during the period. Successful Portfolios LLC raised its holdings in Microsoft by 0.3% during the second quarter.

Successful Portfolios LLC now owns 16,656 shares of the software giant’s stock valued at $3,390,000 after acquiring an additional 58 shares during the period.

Finally, Howard Wealth Management LLC raised its holdings in Microsoft by 1.3% during the first quarter. Howard Wealth Management LLC now owns 4,675 shares of the software giant’s stock valued at $737,000 after acquiring an additional 60 shares during the period. Hedge funds and other institutional investors own 70.59% of the company’s stock.

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