John Rogers’ Top 5 Stock Picks

3. Microsoft Corporation (NASDAQ: MSFT)

Value: $316,548,000
Change in Position Size: -10%
Percent of John Rogers’ 13F Portfolio: 3.6%

 Microsoft Corporation returned a whopping $9.5 billion to shareholders in the form of share repurchases and dividends in first quarter of fiscal 2021. The company’s revenue was $37.2 billion in the past quarter, a 25% increase compared to the same quarter last year. MSFT had a 30% increase in its net income which totaled $13.9 billion while delivering a $1.82 diluted earnings per share. With a $1.77 trillion market capitalization, Microsoft achieved a decent 42.9% return in the past 12 months and settled at $236.94 per share at the closing of March 1, 2021.

As of the end of the fourth quarter, there were 258 hedge funds in Insider Monkey’s database that held stakes in Microsoft, compared to 234 funds in the third quarter. Fisher Asset Management, with 23.4 million shares of MSFT, is the biggest stakeholder in the company. Microsoft Corporation ranks 2nd in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.