Oregon Pacific Wealth Management LLC reduced its Microsoft holdings by 1.7% in the second quarter, selling 225 shares of the tech giant. Despite this small cut, Microsoft still represents a substantial portion of the firm’s overall portfolio.
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Microsoft Corporation $MSFT Holdings Cut by Oregon Pacific Wealth Management LLC
Photo by Americanbankingnews
Key Takeaways:
- Oregon Pacific Wealth Management LLC trimmed its Microsoft holdings by 1.7%.
- The firm sold 225 shares during the second quarter.
- Oregon Pacific now owns 13,298 Microsoft shares.
- Microsoft remains a key piece of the portfolio at 6.3%.
Background
Oregon Pacific Wealth Management LLC, an investment firm known for managing diverse portfolios, recently reduced its position in Microsoft Corporation. According to information reported by Holdings Channel.com, the change occurred during the second quarter of the year.
Details of the Reduction
During this period, the firm sold 225 shares of Microsoft, amounting to a 1.7% decrease in its holdings. After this sale, Oregon Pacific Wealth Management LLC holds 13,298 shares of the technology giant.
Microsoft’s Continued Significance
Even with the reduction, Microsoft remains a core position for Oregon Pacific Wealth Management LLC. Despite the cut, the company’s shares still account for about 6.3% of the firm’s total portfolio.
Snapshot of the Transaction
Below is a brief overview of the share adjustment:
| Action | Shares Sold | Remaining Shares | % of Portfolio |
|---|---|---|---|
| Q2 Reduction (1.7%) | 225 | 13,298 | 6.3% |
Importance for Investors
This move spotlights how investment firms regularly rebalance holdings to meet strategic objectives, respond to market conditions, or take profits. While a relatively small step, a 1.7% reduction can still reflect shifts in investment strategies or market outlooks.
By slightly trimming its investment in Microsoft, Oregon Pacific Wealth Management LLC continues to calibrate its portfolio, affirming Microsoft’s position but adjusting overall exposure to align with broader financial targets and considerations.
