In Post Holdings Inc (NYSE:POST), Route One reported an $99.16 million stake that contains 2.37 million shares. The fund has raised its stake in the company throughout the whole last year raising it from 255,500 shares reported initially as of the end of 2013. Meanwhile, the stock of the producer of packaged foods lost 15% during 2014, significantly underperforming the industry, which appreciated by around 20%. Recently Post Holdings Inc (NYSE:POST) announced that it plans to close its PowerBar manufacturing facility in Idaho by July, which will result in laying off 165 employees and in costs savings of around $4.0 million. The move comes in line with other food producers, such as General Mills, Inc. (NYSE:GIS), which announced in January its plans to close two dough factories in Pitsburgh and Kellogg Company (NYSE:K), which earlier this year shut down its plant in Ontario. Route One is the largest shareholder of Post Holdings Inc (NYSE:POST) among the funds that we track, followed by John Paulson’s Paulson & Co, which owns 1.93 million shares as of the end of 2014.
Mr. Duhamel is also bullish on Microsoft Corporation (NASDAQ:MSFT), in which Route One holds a $91.22 million stake that contains 1.96 million shares. The tech giant has recently made some exciting announcement such as plans to release its new operating system, Windows 10 this summer, sooner than expected. Moreover, Ford Motor Company (NYSE:F) has chosen Microsoft to develop connected car services systems, Sync 3 in Ford’s fleet. Among investors Microsoft Corporation (NASDAQ:MSFT) also enjoys a significant level of popularity as it is one of the most favored tech stocks among the hedge funds that we track, with a total of 114 investors holding $17.87 billion worth of stock as of the end of 2014. Jeffrey Ubben’s ValueAct Capital is the largest shareholder of Microsoft Corporation (NASDAQ:MSFT) among the funds that we track, holding 74.24 million shares, according to its latest 13F filing.