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Investors on Microsoft: What, Ballmer, leaving? Hand me my wallet | |
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||
| Time: 12:59 EST/17:59 GMT | News Source: The Register | Posted By: Byron Hinson | ||
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Two Microsoft investors have upped their stakes in the firm ahead of the exit of chief executive Steve Ballmer, who announced his retirement a few months ago. Highfields Capital said in a regulatory filing first spotted by Reuters that it now holds six times the number of shares it used to, having increased its stake during Q3 to 31 million stocks. Meanwhile, ValueAct also bought another nine million shares in Microsoft, meaning the Windows maker now comprises a whole fifth of its portfolio. The hedge fund was already quite a large shareholder and now owns 66.8 million Microsoft stocks. | ||
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