Vulcan Value Partners, LLC: MICROSOFT (MSFT): Quarterly 13F Position History
As of Q1 2026, Vulcan Value Partners, LLC reported 1,108,991 shares of MICROSOFT (MSFT), worth $410.5M and representing 10.9% of its 13F equity book. Quarter-over-quarter share count change: 32,587 (-2.9%) . The position first appeared in Q4 2018 and has been disclosed across 30 13F-HR filings in Pactolio's tracked window.
- 1,108,991Shares Held (Latest Filing)
- $410.5MReported Market Value (Latest Filing)
- 10.9%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 | 10.9% | $370.2 |
| Q4 2025 | 1,141,578 | 43,824 | -3.7% | $552.0M | 10.1% | $483.5 |
| Q3 2025 | 1,185,402 | 33,092 | -2.7% | $614.0M | 11.1% | $518.0 |
| Q2 2025 | 1,218,494 | 174,645 | -12.5% | $623.7M | 11.0% | $511.9 |
| Q1 2025 | 1,393,139 | +204,881 | +17.2% | $523.2M | 9.8% | $375.5 |
| Q4 2024 | 1,188,258 | +366,085 | +44.5% | $500.8M | 8.4% | $421.4 |
| Q3 2024 | 822,173 | 4,579 | -0.6% | $353.8M | 5.9% | $430.3 |
| Q2 2024 | 826,752 | 213,774 | -20.5% | $369.7M | 5.6% | $447.2 |
| Q1 2024 | 1,040,526 | 55,249 | -5.0% | $437.9M | 6.4% | $420.8 |
| Q4 2023 | 1,095,775 | 250,703 | -18.6% | $411.9M | 6.0% | $375.9 |
| Q3 2023 | 1,346,478 | 396,445 | -22.7% | $425.4M | 6.5% | $315.9 |
| Q2 2023 | 1,742,923 | 424,607 | -19.6% | $593.4M | 7.5% | $340.5 |
| Q1 2023 | 2,167,530 | +106,177 | +5.2% | $624.8M | 7.9% | $288.3 |
| Q4 2022 | 2,061,353 | 405,336 | -16.4% | $494.3M | 6.6% | $239.8 |
| Q3 2022 | 2,466,689 | +571,035 | +30.1% | $574.5M | 6.7% | $232.9 |
| Q2 2022 | 1,895,654 | 305,854 | -13.9% | $486.9M | 4.8% | $256.8 |
| Q1 2022 | 2,201,508 | 167,870 | -7.1% | $678.7M | 4.2% | $308.3 |
| Q4 2021 | 2,369,378 | 278,539 | -10.5% | $796.9M | 4.1% | $336.3 |
| Q3 2021 | 2,647,917 | 104,066 | -3.8% | $746.5M | 4.0% | $281.9 |
| Q2 2021 | 2,751,983 | 100,786 | -3.5% | $745.5M | 4.0% | $270.9 |
| Q1 2021 | 2,852,769 | 124,464 | -4.2% | $672.6M | 4.0% | $235.8 |
| Q4 2020 | 2,977,233 | +80,743 | +2.8% | $662.2M | 4.3% | $222.4 |
| Q3 2020 | 2,896,490 | 215,876 | -6.9% | $609.2M | 4.7% | $210.3 |
| Q2 2020 | 3,112,366 | 123,658 | -3.8% | $633.4M | 5.0% | $203.5 |
| Q1 2020 | 3,236,024 | +41,845 | +1.3% | $510.4M | 5.3% | $157.7 |
| Q4 2019 | 3,194,179 | +329,290 | +11.5% | $503.7M | 3.9% | $157.7 |
| Q3 2019 | 2,864,889 | +225,154 | +8.5% | $398.3M | 3.4% | $139.0 |
| Q2 2019 | 2,639,735 | 605,832 | -18.7% | $353.6M | 3.1% | $134.0 |
| Q1 2019 | 3,245,567 | 99,175 | -3.0% | $382.8M | 3.5% | $117.9 |
| Q4 2018 | 3,344,742 | — | — | $339.7M | 3.1% | $101.6 |
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 (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.