# Microsoft (MSFT): value investors who own it | moatshark

29 value investors held Microsoft in their Q3 2026 13F, led by AltaRock Partners, Pershing Square, Vulcan Value Partners, Matrix Asset Advisors…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| AltaRock Partners | 20.5% | $871m | Added +25% | 21 |
| Pershing Square | 11.9% | $2.3bn | Added +9.8% | 2 |
| Vulcan Value Partners | 11.2% | $368m | Trimmed -11% | 31 |
| Matrix Asset Advisors | 7.3% | $88.7m | Added +0.1% | 54 |
| Wedgewood Partners | 6.9% | $33.4m | Added +21% | 26 |
| Troy Asset Management | 6.9% | $246m | Trimmed -4.0% | 36 |
| Polen Capital Management | 6.7% | $783m | Trimmed -26% | 36 |
| Mairs & Power | 6.7% | $728m | Added +0.4% | 53 |
| Jensen Investment Management | 6.7% | $275m | Trimmed -37% | 53 |
| AKO Capital | 5.5% | $234m | Trimmed -15% | 16 |
| Yacktman Asset Management | 4.7% | $376m | Added +1.6% | 53 |
| Fundsmith | 4.4% | $596m | Trimmed -23% | 32 |
| Weitz Investment Management | 4.0% | $57.1m | Trimmed -9.6% | 33 |
| Cantillon Capital Management | 3.9% | $25.7m | Trimmed -94% | 26 |
| Muhlenkamp & Company | 3.5% | $12.2m | Trimmed -0.5% | 50 |
| RV Capital | 3.2% | $12.3m | Added +31% | 7 |
| Dodge & Cox | 2.5% | $4.8bn | Added +7.3% | 53 |
| Markel Group | 1.5% | $201m | Unchanged | 43 |
| H&H International (Duan Yongping) | 1.5% | $281m | Trimmed -26% | 6 |
| First Eagle Investment Management | 1.2% | $724m | Added +46% | 53 |
| Davis Selected Advisers | 0.1% | $34.7m | Added +19% | 53 |
| Kahn Brothers | 0.1% | $809k | Added +3.6% | 10 |
| Brave Warrior Advisors | 0.0% | $1.6m | Added +111% | 15 |
| Harris Associates (Oakmark) | 0.0% | $25.6m | Added +915% | 53 |
| Horizon Kinetics | 0.0% | $2.6m | Trimmed -0.4% | 30 |
| Semper Augustus | 0.0% | $239k | New | 1 |
| Giverny Capital | 0.0% | $667k | Trimmed -6.4% | 7 |
| Gardner Russo & Quinn | 0.0% | $1.3m | Added +1.1% | 53 |
| Appaloosa | 0.0% | $0k | Sold out | 25 |
| Ruane, Cunniff & Goldfarb (Sequoia) | 0.0% | $275k | Unchanged | 13 |
| TCI Fund Management | 0.0% | $0k | Sold out | 10 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-13 | Hood Amy | EVP, Chief Financial Officer | Sold | 3387 | $1.8m |
| 2026-10-13 | Hood Amy | EVP, Chief Financial Officer | Sold | 2927 | $1.6m |
| 2026-10-13 | Hood Amy | EVP, Chief Financial Officer | Sold | 991 | $542k |
| 2026-09-14 | Hood Amy | EVP, Chief Financial Officer | Sold | 10433 | $5.2m |
| 2026-09-14 | Hood Amy | EVP, Chief Financial Officer | Sold | 9821 | $4.9m |
| 2026-09-14 | Hood Amy | EVP, Chief Financial Officer | Sold | 8834 | $4.4m |
| 2026-09-14 | Hood Amy | EVP, Chief Financial Officer | Sold | 4339 | $2.2m |
| 2026-09-14 | Hood Amy | EVP, Chief Financial Officer | Sold | 4305 | $2.1m |
| 2026-09-14 | Hood Amy | EVP, Chief Financial Officer | Sold | 3942 | $2.0m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 32901 | $16.5m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 24723 | $12.4m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 9834 | $5.0m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 7067 | $3.6m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 5080 | $2.5m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 4520 | $2.3m |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 1360 | $687k |
| 2026-09-01 | Nadella Satya | Chief Executive Officer | Sold | 1040 | $518k |
| 2026-08-05 | Althoff Judson | CEO Microsoft Commercial | Sold | 10000 | $4.9m |
| 2026-08-04 | Numoto Takeshi | EVP, Chief Marketing Officer | Sold | 4810.353 | $2.4m |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Mairs & Power Growth Fund | Mairs & Power | 7.9% | $438m | 2026-06-30 |
| Jensen Quality Growth Fund | Jensen Investment Management | 7.5% | $221m | 2026-05-31 |
| Vulcan Value Partners Fund | Vulcan Value Partners | 6.8% | $15.6m | 2026-07-31 |
| Weitz Partners III Opportunity Fund | Weitz Investment Management | 5.6% | $18.7m | 2026-06-30 |
| Polen Global Growth Fund | Polen Capital Management | 5.5% | $6.1m | 2026-07-31 |
| Weitz Large Cap Equity Fund | Weitz Investment Management | 4.8% | $29.8m | 2026-06-30 |
| Fundsmith Equity ETF | Fundsmith | 3.4% | $267k | 2026-06-30 |
| AMG Yacktman Fund | Yacktman Asset Management | 3.0% | $216m | 2026-06-30 |
| Muhlenkamp Fund | Muhlenkamp & Company | 2.9% | $7.5m | 2026-06-30 |
| AMG Yacktman Focused Fund | Yacktman Asset Management | 2.7% | $82.1m | 2026-06-30 |
| Dodge & Cox Global Stock Fund | Dodge & Cox | 2.0% | $260m | 2026-06-30 |
| Weitz Partners Value Fund | Weitz Investment Management | 1.0% | $4.8m | 2026-06-30 |
| First Eagle Global Fund | First Eagle Investment Management | 0.9% | $650m | 2026-07-31 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/msft). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.