Tom Gayner’s Microsoft MSFT Stock Holding History

Tom Gayner’s Portfolio MSFT Stock Details MSFT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$201M	Hold	537,630	–	–	1.53%	17
2026 Q1	$199M	Buy	537,630 +1,950	+0.4%	+$816K	1.67%	15
2025 Q4	$259M	Buy	535,680 +3,600	+0.7%	+$1.8M	2.07%	12
2025 Q3	$276M	Buy	532,080 +4,600	+0.9%	+$2.35M	2.24%	12
2025 Q2	$262M	Buy	527,480 +4,750	+0.9%	+$2.06M	2.22%	10
2025 Q1	$196M	Buy	522,730 +3,250	+0.6%	+$1.33M	1.74%	16
2024 Q4	$219M	Buy	519,480 +4,500	+0.9%	+$1.92M	1.93%	14
2024 Q3	$222M	Buy	514,980 +7,500	+1%	+$3.21M	1.99%	13
2024 Q2	$227M	Buy	507,480 +4,650	+0.9%	+$1.96M	2.23%	13
2024 Q1	$212M	Buy	502,830 +4,350	+0.9%	+$1.76M	2.09%	13
2023 Q4	$187M	Buy	498,480 +6,000	+1%	+$2.14M	2.04%	14
2023 Q3	$156M	Buy	492,480 +6,500	+1%	+$2.15M	1.88%	16
2023 Q2	$165M	Buy	485,980 +6,000	+1%	+$1.88M	1.97%	15
2023 Q1	$138M	Hold	479,980	–	–	1.76%	17
2022 Q4	$115M	Hold	479,980	–	–	1.54%	21
2022 Q3	$112M	Hold	479,980	–	–	1.65%	19
2022 Q2	$123M	Hold	479,980	–	–	1.76%	15
2022 Q1	$148M	Hold	479,980	–	–	1.76%	15
2021 Q4	$161M	Hold	479,980	–	–	1.85%	14
2021 Q3	$135M	Hold	479,980	–	–	1.71%	16
2021 Q2	$130M	Buy	479,980 +680	+0.1%	+$173K	1.65%	16
2021 Q1	$113M	Buy	479,300 +580	+0.1%	+$135K	1.56%	16
2020 Q4	$106M	Buy	478,720 +100	+0%	+$21.5K	1.59%	16
2020 Q3	$101M	Hold	478,620	–	–	1.71%	15
2020 Q2	$97.4M	Hold	478,620	–	–	1.81%	15
2020 Q1	$75.5M	Buy	478,620 +4,000	+0.8%	+$658K	1.42%	19
2019 Q4	$74.8M	Buy	474,620 +11,420	+2%	+$1.68M	1.04%	24
2019 Q3	$64.4M	Buy	463,200 +16,800	+4%	+$2.31M	0.97%	25
2019 Q2	$59.8M	Buy	446,400 +34,100	+8%	+$4.33M	0.92%	26
2019 Q1	$48.6M	Buy	412,300 +23,300	+6%	+$2.54M	0.82%	31
2018 Q4	$39.5M	Buy	389,000 +2,000	+0.5%	+$214K	0.75%	33
2018 Q3	$44.3M	Buy	387,000 +26,000	+7%	+$2.82M	0.75%	30
2018 Q2	$35.6M	Buy	361,000 +22,000	+6%	+$2.13M	0.65%	41
2018 Q1	$30.9M	Buy	339,000 +27,000	+9%	+$2.47M	0.59%	47
2017 Q4	$26.7M	Hold	312,000	–	–	0.5%	50
2017 Q3	$23.2M	Buy	312,000 +32,000	+11%	+$2.34M	0.46%	51
2017 Q2	$19.3M	Buy	280,000 +37,000	+15%	+$2.54M	0.41%	55
2017 Q1	$16M	Buy	243,000 +36,000	+17%	+$2.31M	0.36%	62
2016 Q4	$12.9M	Buy	207,000 +15,000	+8%	+$902K	0.31%	65
2016 Q3	$11.1M	Buy	192,000 +32,000	+20%	+$1.81M	0.29%	70
2016 Q2	$8.19M	Buy	160,000 +96,000	+150%	+$4.99M	0.22%	78
2016 Q1	$3.54M	Buy	64,000 +34,000	+113%	+$1.78M	0.09%	98
2015 Q4	$1.66M	Buy	+30,000	New	+$1.58M	0.05%	112
2015 Q2	–	Sell	-318,000	Closed	-$12.9M	–	114
2015 Q1	$12.9M	Sell	318,000 -500,000	-61%	-$21.8M	0.33%	59
2014 Q4	$38M	Hold	818,000	–	–	0.96%	30
2014 Q3	$37.9M	Hold	818,000	–	–	1.07%	29
2014 Q2	$34.1M	Hold	818,000	–	–	0.97%	31
2014 Q1	$33.5M	Sell	818,000 -7,100	-0.9%	-$267K	1.03%	28
2013 Q4	$30.9M	Buy	825,100 +22,800	+3%	+$828K	0.98%	28
2013 Q3	$26.7M	Buy	802,300 +29,700	+4%	+$977K	0.92%	28
2013 Q2	$26.7M	Buy	+772,600	New	+$25.3M	0.95%	30

Other funds holding MSFT

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Tom Gayner's MSFT Position: Q2 2026 in Review

Tom Gayner held its Microsoft (MSFT) position steady in Q2 2026 at 537,630 shares worth $201M. The position accounts for 1.53% of the portfolio, ranked #17.

Tom Gayner first reported a position in MSFT in Q2 2013 and has held it in 51 quarters since. The position peaked at $276M in Q3 2025. 6,192 funds tracked by Wall St. Rank hold MSFT as of Q2 2026.

Tom Gayner held 537,630 shares of Microsoft worth $201M as of Q2 2026.
Tom Gayner left its Microsoft share count unchanged in Q2 2026.
Microsoft made up 1.53% of Tom Gayner's portfolio in Q2 2026, its #17 holding.
Tom Gayner first reported a position in Microsoft in Q2 2013 and has held it in 51 quarters since.
Tom Gayner's Microsoft position peaked at $276M in Q3 2025.
6,192 funds tracked by Wall St. Rank held Microsoft as of Q2 2026.

Based on Markel Group's 13F filing for Q2 2026, filed 31 Jul 2026.