Meyer Handelman Co. Cuts Stake in Microsoft Corporation $MSFT

Key Takeaways:

• Meyer Handelman Co. decreased its Microsoft stake by 0.8% in the second quarter.
• The fund sold 3,906 Microsoft shares.
• After the sale, the fund still owns 475,528 shares of Microsoft.
• Microsoft accounts for approximately 7.8% of Meyer Handelman’s total portfolio.
• Details of the transaction were disclosed in the company’s SEC filing.

Decreasing Stake in Microsoft

Meyer Handelman Co. confirmed in its most recent SEC filing that it reduced its holdings in Microsoft Corporation by 0.8% during the second quarter. This shift indicates a measured approach to portfolio realignment, rather than a sweeping adjustment.

Share Ownership Details

According to the filing, the fund sold 3,906 shares of the tech giant’s stock over this period. Once the sale was completed, Meyer Handelman Co. owned 475,528 shares of Microsoft. Despite the reduction, Microsoft remains an important component of the firm’s overall strategy.

Weight in the Portfolio

Even after this decrease, Microsoft accounts for roughly 7.8% of Meyer Handelman’s diverse holdings. This substantial portion highlights the tech company’s ongoing importance within the fund, underscoring Microsoft’s standing as a mainstay in many institutional portfolios.

Disclosure and Outlook

All details regarding Meyer Handelman Co.’s sales and total share count come directly from the fund’s SEC disclosure. While the filing does not elaborate on the rationale behind the reduced position, the modest decline in share ownership reflects typical adjustments that investment funds make to balance their portfolios.