At Holdings Channel, we’ve scrutinized the most recent batch of 13F filings for the 12/31/2023 reporting period, unveiling that Microsoft Corporation (Symbol: MSFT) was embraced by 26 of these funds. When hedge fund managers seem to be on a collective wavelength, it’s time to dig deeper.
Filings, however, don’t offer the complete picture—funds are only mandated to disclose their long positions with the SEC, leaving their short positions undisclosed. A fund that takes a bearish stance against a stock may still hold a long stock position in addition to its overall bearish one. While this long aspect might be revealed in a 13F filing, it only portrays part of the narrative because the bearish/short side remains obscured.
Despite this caveat, analyzing groups of 13F filings can be enlightening, particularly when comparing one holding period to another. Below, let’s examine the shift in MSFT positions for this recent cohort of 13F filers:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Linscomb & Williams Inc. | Existing | –3,343 | +$5,652 |
| Artisan Partners Limited Partnership | Existing | –510,057 | –$66,834 |
| Parallel Advisors LLC | Existing | +647 | +$10,025 |
| Heritage Wealth Advisors | Existing | –8,317 | +$7,437 |
| Evermay Wealth Management LLC | Existing | +179 | +$1,198 |
| Beta Wealth Group Inc. | Existing | –1,102 | +$830 |
| Hilltop Holdings Inc. | Existing | –250 | +$2,220 |
| Cantor Fitzgerald Investment Advisors L.P. | NEW | +13,126 | +$4,936 |
| Ndwm LLC | NEW | +836 | +$314 |
| Cypress Asset Management Inc. TX | Existing | +596 | +$3,314 |
| Freemont Management S.A. | Existing | +26,600 | +$16,731 |
| MMA Asset Management LLC | Existing | –3 | +$111 |
| MUFG Securities EMEA plc | Existing | +310,725 | +$117,104 |
| Analyst IMS Investment Management Services Ltd. | Existing | –404 | +$2,563 |
| DSM Capital Partners LLC | Existing | –139,190 | +$85,980 |
| Hsbc Holdings PLC | Existing | +1,272,683 | +$1,594,411 |
| Cape Investment Advisory Inc. | Existing | +406 | +$983 |
| Act Two Investors LLC | Existing | +9,455 | +$12,085 |
| Hudson Value Partners LLC | Existing | +560 |
Investors Show Confidence as Hedge Funds Increase Holdings in Microsoft Corporation
Hedge Funds Show Strong Support for Microsoft Corporation
Throughout the final quarter of last year, numerous hedge funds significantly added to their existing positions in Microsoft Corporation. This robust display of investor confidence came in stark contrast to the actions of George Kaiser Family Foundation, which divested completely from Microsoft Corporation at the close of 2023.
Looking beyond individual funds, the aggregate share count of all hedge funds holding stock in Microsoft Corporation as of December 31, 2023, saw a substantial increase when compared to the previous reporting period. This elevating support for Microsoft Corporation implies a growing bullish sentiment and underlines the stock’s attractiveness for investors.
Exceptional Aggregate Increase in Hedge Fund Holdings
Between September 30, 2023, and December 31, 2023, the aggregate share count of Microsoft Corporation held by hedge funds grew by approximately 8.11%, translating to an increase of 88,827,807 shares. This exceptional surge in aggregate holdings reflects a deep-rooted confidence in the long-term prospects of the company.
Favorable Outlook Fueled by Elevated Confidence
The significant rise in hedge fund holdings is indicative of the prevailing optimism surrounding Microsoft Corporation’s future performance and broader market positioning. The substantial increase in aggregate holdings sends a clear message of trust and a positive outlook toward the tech giant among institutional investors.
Insightful Look at Aggregate Information
Continuing to monitor the latest 13F filings by hedge fund managers will provide insights into the evolving market sentiments and potential investment ideas. While individual filings can sometimes be misleading, conducting a comprehensive analysis of aggregate figures across groups of funds offers a more accurate and valuable understanding of market dynamics.