Alok Agrawal’s Bloom Tree Partners Portfolio: 5 Technology Stock Picks

4. Microsoft Corporation (NASDAQ:MSFT)

Bloom Tree Partners’ Stake Value: $34.6 million

Percentage of Bloom Tree Partners’ 13F Portfolio: 4.12%

Number of Hedge Fund Holders: 250

On December 21, Microsoft Corporation (NASDAQ:MSFT) received the European Commission’s unconditional approval for its acquisition bid of $16 billion of Nuance Communications, Inc. (NASDAQ:NUAN). 

As per the database of Insider Monkey, Ken Fisher’s Fisher Asset Management was the leading shareholder in Microsoft Corporation (NASDAQ:MSFT) with 25.52 million shares worth $7.19 billion, representing 4.46% of the portfolio.

Baron Funds mentioned Microsoft Corporation (NASDAQ:MSFT) in its third-quarter 2021 investor letter. Here is what it said:

“Shares of Microsoft Corporation, a cloud-software leader and provider of software productivity tools and infrastructure, rose during the quarter following a strong earnings report highlighting solid demand for its broad product stack and continued momentum migrating its business to the cloud. Microsoft’s results continued to be strong across the board, with total revenue beating Street estimates by 4.5%, an acceleration in Commercial Cloud revenue to 31% constant-currency growth, a four-point improvement in Commercial Cloud gross margins (to 70% from 66%), and GAAP earnings up 42%. We believe the company is positioned to deliver 13% to 15% organic growth over the next three years, underpinned by TAM expansion across its disruptive cloud product portfolio, as more companies look to transform and digitize their businesses, as well as strong operating leverage as its cloud products gain scale.”