Which funds own MSFT
Microsoft Corp in the Q2 2026 filings. At least 57 of the 91 current managers on file reported a position, worth $291bn between them. At least half the current managers on file hold it, so owning it is the consensus rather than a call. The quarter went the other way: 33 managers trimmed or sold out against 26 buying.
- Managers holding
- 57
- at least, of 91 current
- Combined value
- $291bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 26
- already held
- Trimmed or sold out
- 33
- 4 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Fidelity (FMR LLC) Long-only · $2304bn book | $69.4bn | 3.0% | 185,960,066 | -$1.0bn-4,251,301 | Trimmed |
| Invesco Ltd Long-only · $1264bn book | $37.4bn | 3.0% | 100,247,890 | +$841m+1,500,606 | Added |
| Capital Research Global Investors Long-only · $717bn book | $35.3bn | 4.9% | 94,750,369 | -$225m-1,342,692 | Trimmed |
| T. Rowe Price Associates Inc Long-only · $999bn book | $32.6bn | 3.3% | 87,287,163 | -$10.8bn-29,955,771 | Trimmed |
| Capital World Investors Long-only · $846bn book | $20.6bn | 2.4% | 55,139,128 | -$2.3bn-6,595,211 | Trimmed |
| Wellington Management Group LLP Long-only · $580bn book | $17.8bn | 3.1% | 47,603,820 | -$1.8bn-5,138,347 | Trimmed |
| Arrowstreet Capital LP Quantitative · $225bn book | $10.3bn | 4.6% | 27,659,541 | +$1.3bn+3,394,762 | Added |
| AllianceBernstein LP Long-only · $302bn book | $9.6bn | 3.2% | 25,998,459 | -$5.8bn-5,798,843 | Trimmed |
| MFS Investment Management Long-only · $315bn book | $8.8bn | 2.8% | 20,441,967 | -$1.9bn-5,032,014 | Trimmed |
| Janus Henderson Group Ltd Long-only · $245bn book | $6.9bn | 2.8% | 18,575,933 | -$1.9bn-5,303,049 | Trimmed |
| Dodge & Cox Value · $191bn book | $4.8bn | 2.5% | 12,836,229 | +$361m+876,294 | Added |
| AQR Capital Management LLC Quantitative · $287bn book | $4.3bn | 1.5% | 11,473,057 | +$579m+1,437,459 | Added |
| Neuberger Berman Group LLC Long-only · $150bn book | $4.0bn | 2.6% | 10,608,282 | -$258m-777,101 | Trimmed |
| Susquehanna International Group LLP Quantitative · $1284bn book | $3.0bn | 0.2% | 7,932,406 | +$1.2bn+3,268,326 | Added |
| Pershing Square Capital Management LP Activist · $19.5bn book | $2.3bn | 12% | 6,206,730 | +$222m+552,652 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $1.8bn | 2.1% | 4,848,128 | -$48m-166,285 | Trimmed |
| Jane Street Group LLC Quantitative · $1206bn book | $1.7bn | 0.1% | 4,452,909 | +$1.6bn+4,322,640 | Added |
| Holocene Advisors LP Long/short equity · $44.4bn book | $1.6bn | 3.6% | 4,277,000 | +$1.2bn+3,159,000 | Added |
| Millennium Management LLC Multi-strategy · $276bn book | $1.6bn | 0.6% | 4,240,904 | +$546m+1,442,727 | Added |
| Citadel Advisors LLC Multi-strategy · $875bn book | $1.4bn | 0.2% | 3,770,405 | +$430m+1,132,281 | Added |
| D. E. Shaw & Co. Quantitative · $210bn book | $1.3bn | 0.6% | 3,563,793 | -$954m-2,604,177 | Trimmed |
| Marshall Wace LLP Quantitative · $127bn book | $1.2bn | 1.0% | 3,340,231 | -$1.6m-30,167 | Trimmed |
| Soroban Capital Partners LP Long/short equity · $47.8bn book | $1.2bn | 2.5% | 3,147,241 | -$153m-437,450 | Trimmed |
| Coatue Management LLC Long/short equity · $48.6bn book | $1.1bn | 2.3% | 2,936,409 | +$177m+456,392 | Added |
| Man Group PLC Quantitative · $62.7bn book | $1.0bn | 1.6% | 2,759,777 | -$229m-639,895 | Trimmed |
| Baillie Gifford & Co Long-only · $110bn book | $1.0bn | 0.9% | 2,713,688 | -$423m-1,164,341 | Trimmed |
| Tiger Global Management LLC Long/short equity · $24.0bn book | $846m | 3.5% | 2,266,913 | -$80m-233,087 | Trimmed |
| Polen Capital Management LLC Long-only · $11.6bn book | $783m | 6.7% | 2,098,613 | -$271m-747,275 | Trimmed |
| First Eagle Investment Management LLC Value · $60.8bn book | $724m | 1.2% | 1,940,215 | +$233m+615,117 | Added |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $722m | 0.8% | 1,936,274 | -$310m-851,250 | Trimmed |
| Two Sigma Investments LP Quantitative · $138bn book | $682m | 0.5% | 1,829,283 | +$171m+448,446 | Added |
| Tudor Investment Corp Macro · $71.9bn book | $624m | 0.9% | 1,672,441 | +$374m+998,106 | Added |
| Woodline Partners LP Long/short equity · $32.4bn book | $607m | 1.9% | 1,626,637 | +$84m+214,748 | Added |
| Viking Global Investors LP Long/short equity · $35.1bn book | $544m | 1.6% | 1,458,618 | -$311m-850,828 | Trimmed |
| Altimeter Capital Management LP Long/short equity · $9.8bn book | $473m | 4.8% | 1,268,082 | +$35m+84,450 | Added |
| Farallon Capital Management LLC Long/short equity · $21.7bn book | $415m | 1.9% | 1,112,863 | -$453m-1,231,916 | Trimmed |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $389m | 1.1% | 1,041,517 | +$119m+312,132 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $377m | 7.1% | 1,010,774 | -$102m-283,766 | Trimmed |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $341m | 1.2% | 915,145 | +$320m+857,706 | Added |
| Maverick Capital Ltd Long/short equity · $11.3bn book | $311m | 2.7% | 832,377 | +$42m+106,728 | Added |
| Bridgewater Associates LP Macro · $24.4bn book | $266m | 1.1% | 711,896 | -$136m-373,083 | Trimmed |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $224m | 0.3% | 599,967 | +$107m+282,971 | Added |
| Walleye Capital LLC Multi-strategy · $28.0bn book | $218m | 0.8% | 584,698 | +$152m+406,835 | Added |
| Markel Group Inc Activist · $13.1bn book | $201m | 1.5% | 537,630 | +$1.5m0 | Held |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $191m | 0.8% | 511,094 | -$346m-937,431 | Trimmed |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $156m | 1.2% | 418,592 | +$98m-1,192,818 | Trimmed |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $119m | 0.8% | 320,109 | +$42m+111,804 | Added |
| Rokos Capital Management LLP Macro · $26.8bn book | $104m | 0.4% | 279,213 | +$103m+275,947 | Added |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $86m | 0.6% | 231,231 | +$59m+158,050 | Added |
| Soros Fund Management LLC Macro · $8.1bn book | $71m | 0.9% | 189,971 | -$7.6m-21,995 | Trimmed |
| GAMCO Investors Inc Activist · $11.1bn book | $40m | 0.4% | 106,101 | -$8.6m-23,944 | Trimmed |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $34m | 0.2% | 90,717 | +$14m+37,780 | Added |
| Harris Associates LP Value · $75.4bn book | $26m | 0.0% | 68,612 | +$23m+61,855 | Added |
| Quantbot Technologies LP Quantitative · $2.5bn book | $21m | 0.8% | 55,737 | -$2.8m-8,063 | Trimmed |
| Moore Capital Management LP Macro · $6.7bn book | $16m | 0.2% | 44,000 | -$6.9m-18,941 | Trimmed |
| ARK Investment Management LLC Long-only · $15.4bn book | $2.3m | 0.0% | 6,177 | -$100k-222 | Trimmed |
| Ruane Cunniff & Goldfarb LP Value · $6.4bn book | $300k | 0.0% | 737 | unchanged0 | Held |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- TCI Fund Management Ltd · Long/short equity$1.0bn held before
- Appaloosa LP · Activist$33m held before
- Davidson Kempner Capital Management LP · Long/short equity$31m held before
- Whale Rock Capital Management LLC · Long/short equity$20m held before
Ownership through time
At least 60 of the 95 managers whose filings are on file listed MSFT in Q2 2026, against 32 in Q2 2013. 4 managers fewer than in Q1 2026: 1 listed it again; 4 sold out, by their own filings; 1 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 32
- Q3 2013: 31
- Q4 2013: 34
- Q1 2014: 38
- Q2 2014: 35
- Q3 2014: 37
- Q4 2014: 41
- Q1 2015: 37
- Q2 2015: 39
- Q3 2015: 40
- Q4 2015: 42
- Q1 2016: 41
- Q2 2016: 44
- Q3 2016: 43
- Q4 2016: 47
- Q1 2017: 45
- Q2 2017: 47
- Q3 2017: 49
- Q4 2017: 49
- Q1 2018: 61
- Q2 2018: 64
- Q3 2018: 62
- Q4 2018: 58
- Q1 2019: 58
- Q2 2019: 57
- Q3 2019: 54
- Q4 2019: 50
- Q1 2020: 62
- Q2 2020: 57
- Q3 2020: 63
- Q4 2020: 66
- Q1 2021: 65
- Q2 2021: 62
- Q3 2021: 64
- Q4 2021: 65
- Q1 2022: 63
- Q2 2022: 67
- Q3 2022: 68
- Q4 2022: 62
- Q1 2023: 65
- Q2 2023: 69
- Q3 2023: 71
- Q4 2023: 66
- Q1 2024: 68
- Q2 2024: 67
- Q3 2024: 69
- Q4 2024: 70
- Q1 2025: 67
- Q2 2025: 65
- Q3 2025: 70
- Q4 2025: 68
- Q1 2026: 64
- Q2 2026: 60
- Q2 2013: $41.7bn
- Q3 2013: $42.2bn
- Q4 2013: $49.0bn
- Q1 2014: $54.1bn
- Q2 2014: $55.0bn
- Q3 2014: $59.6bn
- Q4 2014: $58.1bn
- Q1 2015: $48.4bn
- Q2 2015: $56.1bn
- Q3 2015: $58.7bn
- Q4 2015: $73.5bn
- Q1 2016: $68.5bn
- Q2 2016: $60.4bn
- Q3 2016: $67.9bn
- Q4 2016: $75.3bn
- Q1 2017: $78.3bn
- Q2 2017: $87.8bn
- Q3 2017: $94.1bn
- Q4 2017: $109bn
- Q1 2018: $116bn
- Q2 2018: $127bn
- Q3 2018: $141bn
- Q4 2018: $124bn
- Q1 2019: $142bn
- Q2 2019: $161bn
- Q3 2019: $163bn
- Q4 2019: $171bn
- Q1 2020: $166bn
- Q2 2020: $212bn
- Q3 2020: $218bn
- Q4 2020: $228bn
- Q1 2021: $241bn
- Q2 2021: $273bn
- Q3 2021: $283bn
- Q4 2021: $336bn
- Q1 2022: $297bn
- Q2 2022: $245bn
- Q3 2022: $216bn
- Q4 2022: $217bn
- Q1 2023: $254bn
- Q2 2023: $304bn
- Q3 2023: $281bn
- Q4 2023: $333bn
- Q1 2024: $361bn
- Q2 2024: $374bn
- Q3 2024: $356bn
- Q4 2024: $338bn
- Q1 2025: $294bn
- Q2 2025: $401bn
- Q3 2025: $427bn
- Q4 2025: $411bn
- Q1 2026: $312bn
- Q2 2026: $291bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- Arrowstreet Capital LP24,264,779 to 27,659,541 shares+$1.3bn
- Susquehanna International Group LLP4,664,080 to 7,932,406 shares+$1.2bn
- Holocene Advisors LP1,118,000 to 4,277,000 shares+$1.2bn
- Invesco Ltd98,747,284 to 100,247,890 shares+$560m
- Millennium Management LLC2,798,177 to 4,240,904 shares+$538m
Largest decreases, by shares
- T. Rowe Price Associates Inc117,242,934 to 87,287,163 shares-$11.2bn
- Capital World Investors61,734,339 to 55,139,128 shares-$2.5bn
- MFS Investment Management25,473,981 to 20,441,967 shares-$2.2bn
- AllianceBernstein LP31,797,302 to 25,998,459 shares-$2.1bn
- Janus Henderson Group Ltd23,878,982 to 18,575,933 shares-$2.0bn
Left it
- TCI Fund Management Ltdwas $1.0bn
- Appaloosa LPwas $33m
- Davidson Kempner Capital Management LPwas $31m
- Whale Rock Capital Management LLCwas $20m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q2 2013 | $109bn | $69.4bn | |
| Invesco Ltd | Q2 2013 | $51.1bn | $37.4bn | |
| Capital Research Global Investors | Q2 2013 | $37.6bn | $35.3bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $68.7bn | $32.6bn | |
| Capital World Investors | Q2 2013 | $36.2bn | $20.6bn | |
| Wellington Management Group LLP | Q2 2013 | $26.7bn | $17.8bn | |
| Arrowstreet Capital LP | Q1 2017 | $10.3bn | $10.3bn | |
| AllianceBernstein LP | Q2 2013 | $19.2bn | $9.6bn | |
| MFS Investment Management | Q2 2013 | $16.8bn | $8.8bn | |
| Janus Henderson Group Ltd | Q2 2013 | $15.0bn | $6.9bn | |
| Dodge & Cox | Q2 2013 | $4.8bn | $4.8bn | |
| AQR Capital Management LLC | Q2 2013 | $4.3bn | $4.3bn | |
| Neuberger Berman Group LLC | Q2 2013 | $6.0bn | $4.0bn | |
| Susquehanna International Group LLP | Q2 2013 | $3.0bn | $3.0bn | |
| Pershing Square Capital Management LP | Q1 2026 | $2.3bn | $2.3bn | |
| TCI Fund Management Ltd | Q4 2017 | $8.7bn | last listed Q1 2026 | |
| ValueAct Holdings LP | Q2 2013 | $3.4bn | last listed Q4 2017 | |
| Lone Pine Capital LLC | Q4 2013 | $1.8bn | last listed Q4 2025 | |
| D1 Capital Partners LP | Q1 2020 | $1.8bn | last listed Q3 2024 | |
| Two Sigma Advisers LP | Q3 2013 | $1.5bn | last listed Q4 2025 | |
| Egerton Capital UK LLP | Q3 2015 | $1.5bn | last listed Q4 2025 | |
| Point72 Asset Management LP | Q3 2015 | $1.3bn | last listed Q1 2026 | |
| Renaissance Technologies LLC | Q2 2013 | $981m | last listed Q4 2025 | |
| Third Point LLC | Q1 2018 | $758m | last listed Q4 2025 | |
| Appaloosa LP | Q1 2020 | $639m | last listed Q1 2026 |
Last reported earlier
These managers’ latest filings are from an earlier quarter, so they are not counted above.
- Eisler Capital Management Ltd · Q3 2025$14m · 0.1%
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Soroban Capital Partners LP · calls$22.4bn notional
- Susquehanna International Group LLP · calls$16.2bn notional
- Jane Street Group LLC · calls$12.3bn notional
- Citadel Advisors LLC · calls$9.7bn notional
- Susquehanna International Group LLP · puts$7.2bn notional
- Citadel Advisors LLC · puts$6.3bn notional
- Jane Street Group LLC · puts$5.9bn notional
- Millennium Management LLC · puts$2.2bn notional
- Millennium Management LLC · calls$1.1bn notional
- Tudor Investment Corp · puts$635m notional
- D. E. Shaw & Co. · puts$540m notional
- Hudson Bay Capital Management LP · puts$375m notional
- Squarepoint Ops LLC · calls$363m notional
- Squarepoint Ops LLC · puts$345m notional
- Schonfeld Strategic Advisors LLC · puts$326m notional
- Balyasny Asset Management LLC · puts$320m notional
- Man Group PLC · calls$276m notional
- Marshall Wace LLP · puts$266m notional
- Man Group PLC · puts$262m notional
- D. E. Shaw & Co. · calls$226m notional
- Point72 Asset Management LP · calls$162m notional
- Brevan Howard Capital Management LP · calls$125m notional
- Balyasny Asset Management LLC · calls$98m notional
- Tudor Investment Corp · calls$59m notional
- Walleye Capital LLC · puts$45m notional
- Verition Fund Management LLC · puts$36m notional
- ExodusPoint Capital Management LP · calls$21m notional
- Rokos Capital Management LLP · puts$8.1m notional
- Rokos Capital Management LLP · calls$8.1m notional
What MSFT is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around MSFT →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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