ValueAct Holdings’s Microsoft MSFT Stock Holding History

ValueAct Holdings’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
2018 Q1	–	Sell	-9,014,063	Closed	-$771M	–	13
2017 Q4	$771M	Buy	9,014,063 +589	+0%	+$48.3K	7.8%	7
2017 Q3	$671M	Sell	9,013,474 -6,999,325	-44%	-$511M	6.73%	8
2017 Q2	$1.1B	Sell	16,012,799 -6,999,290	-30%	-$480M	9.86%	5
2017 Q1	$1.52B	Sell	23,012,089 -15,614,408	-40%	-$1B	12.69%	3
2016 Q4	$2.4B	Buy	38,626,497 +1,819	+0%	+$109K	19.71%	1
2016 Q3	$2.22B	Sell	38,624,678 -18,000,000	-32%	-$1.02B	19.36%	1
2016 Q2	$2.9B	Buy	56,624,678 +908	+0%	+$47.2K	26.3%	1
2016 Q1	$3.13B	Hold	56,623,770	–	–	31.21%	1
2015 Q4	$3.14B	Sell	56,623,770 -18,649,321	-25%	-$981M	21.75%	1
2015 Q3	$3.33B	Buy	75,273,091 +1,662	+0%	+$74.6K	19.37%	1
2015 Q2	$3.32B	Hold	75,271,429	–	–	17.5%	2
2015 Q1	$3.06B	Buy	75,271,429 +1,033,186	+1%	+$45M	16.91%	2
2014 Q4	$3.45B	Buy	74,238,243 +774	+0%	+$36.3K	21.61%	1
2014 Q3	$3.44B	Buy	74,237,469 +827	+0%	+$36.9K	23.07%	1
2014 Q2	$3.1B	Buy	74,236,642 +2,951,112	+4%	+$119M	22.88%	1
2014 Q1	$2.92B	Buy	71,285,530 +4,420,000	+7%	+$166M	22.06%	1
2013 Q4	$2.5B	Hold	66,865,530	–	–	20.69%	1
2013 Q3	$2.23B	Buy	66,865,530 +9,115,530	+16%	+$300M	20.1%	1
2013 Q2	$1.99B	Buy	+57,750,000	New	+$1.89B	20.48%	1

Other funds holding MSFT

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

ValueAct Holdings's MSFT Position: Q1 2018 in Review

ValueAct Holdings sold out of Microsoft (MSFT) in Q1 2018, closing a stake of 9,014,063 shares — an estimated $771M sold.

ValueAct Holdings first reported a position in MSFT in Q2 2013 and held it in 19 quarters. The position peaked at $3.45B in Q4 2014. 2,788 funds tracked by Wall St. Rank hold MSFT as of Q1 2018.

ValueAct Holdings reported no remaining Microsoft position as of Q1 2018 after selling out during the quarter.
ValueAct Holdings sold 9,014,063 Microsoft shares in Q1 2018, an estimated $771M.
ValueAct Holdings first reported a position in Microsoft in Q2 2013 and held it in 19 quarters.
ValueAct Holdings's Microsoft position peaked at $3.45B in Q4 2014.
2,788 funds tracked by Wall St. Rank held Microsoft as of Q1 2018.

Based on ValueAct Holdings's 13F filing for Q1 2018, filed 15 May 2018.