Vulcan Value Partners, LLC — MICROSOFT CORP MSFT: Quarterly 13F Position History
Vulcan Value Partners, LLC has reported MICROSOFT CORP (MSFT) on 30 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2018. As of Q1 2026, the position is sized at 1,108,991 shares ($410.5M market value, 10.88% of the equity book). Quarter-over-quarter share count change: 32,587 (-2.9%) .
- 1,108,991Shares Held (Latest Filing)
- $410.5MReported Market Value (Latest Filing)
- 10.88%Portfolio Weight (% of 13F Equity Book)
- 32,587Quarter-over-Quarter Share Change
- -$141.5MQuarter-over-Quarter Value Change
- 3,344,742Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 30 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,108,991 | 32,587 | -2.9% | $410.5M | 10.88% | $370.17 |
| Q4 2025 | 1,141,578 | 43,824 | -3.7% | $552.0M | 10.14% | $483.54 |
| Q3 2025 | 1,185,402 | 33,092 | -2.7% | $614.0M | 11.13% | $517.98 |
| Q2 2025 | 1,218,494 | 174,645 | -12.5% | $623.7M | 10.99% | $511.87 |
| Q1 2025 | 1,393,139 | +204,881 | +17.2% | $523.2M | 9.83% | $375.53 |
| Q4 2024 | 1,188,258 | +366,085 | +44.5% | $500.8M | 8.38% | $421.43 |
| Q3 2024 | 822,173 | 4,579 | -0.6% | $353.8M | 5.92% | $430.30 |
| Q2 2024 | 826,752 | 213,774 | -20.5% | $369.7M | 5.65% | $447.23 |
| Q1 2024 | 1,040,526 | 55,249 | -5.0% | $437.9M | 6.36% | $420.81 |
| Q4 2023 | 1,095,775 | 250,703 | -18.6% | $411.9M | 6.04% | $375.92 |
| Q3 2023 | 1,346,478 | 396,445 | -22.7% | $425.4M | 6.48% | $315.91 |
| Q2 2023 | 1,742,923 | 424,607 | -19.6% | $593.4M | 7.45% | $340.47 |
| Q1 2023 | 2,167,530 | +106,177 | +5.2% | $624.8M | 7.91% | $288.26 |
| Q4 2022 | 2,061,353 | 405,336 | -16.4% | $494.3M | 6.64% | $239.81 |
| Q3 2022 | 2,466,689 | +571,035 | +30.1% | $574.5M | 6.72% | $232.90 |
| Q2 2022 | 1,895,654 | 305,854 | -13.9% | $486.9M | 4.76% | $256.83 |
| Q1 2022 | 2,201,508 | 167,870 | -7.1% | $678.7M | 4.17% | $308.31 |
| Q4 2021 | 2,369,378 | 278,539 | -10.5% | $796.9M | 4.07% | $336.32 |
| Q3 2021 | 2,647,917 | 104,066 | -3.8% | $746.5M | 4.01% | $281.92 |
| Q2 2021 | 2,751,983 | 100,786 | -3.5% | $745.5M | 4.04% | $270.90 |
| Q1 2021 | 2,852,769 | 124,464 | -4.2% | $672.6M | 3.97% | $235.77 |
| Q4 2020 | 2,977,233 | +80,743 | +2.8% | $662.2M | 4.28% | $222.42 |
| Q3 2020 | 2,896,490 | 215,876 | -6.9% | $609.2M | 4.74% | $210.33 |
| Q2 2020 | 3,112,366 | 123,658 | -3.8% | $633.4M | 4.98% | $203.51 |
| Q1 2020 | 3,236,024 | +41,845 | +1.3% | $510.4M | 5.29% | $157.71 |
| Q4 2019 | 3,194,179 | +329,290 | +11.5% | $503.7M | 3.87% | $157.70 |
| Q3 2019 | 2,864,889 | +225,154 | +8.5% | $398.3M | 3.37% | $139.03 |
| Q2 2019 | 2,639,735 | 605,832 | -18.7% | $353.6M | 3.14% | $133.96 |
| Q1 2019 | 3,245,567 | 99,175 | -3.0% | $382.8M | 3.52% | $117.94 |
| Q4 2018 | 3,344,742 | — | — | $339.7M | 3.13% | $101.57 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Vulcan Value Partners, LLC first disclose a MSFT position in 13F-HR filings?
Vulcan Value Partners, LLC first reported MICROSOFT CORP (MSFT) on its 13F-HR filing for the period ending 2018-12-31 (Q4 2018). The position has appeared on 30 reported quarters within Pactolio's tracked window.
What was Vulcan Value Partners, LLC's most recent quarter-over-quarter share-count change in MSFT?
Between Q4 2025 and Q1 2026, Vulcan Value Partners, LLC reduced its MSFT position by 32,587 shares (-2.9%), leaving 1,108,991 shares at a market value of $410.5M.
Does the implied price-per-share represent Vulcan Value Partners, LLC's cost basis in MSFT?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.