Adams Diversified Equity Fund 13F: Cuts MSFT Stake by $2.1M

Adams Diversified Equity Fund trimmed its stake in Microsoft Corporation MSFT by 4,100 shares during the quarter, bringing its total holding to 400,400 shares. That decrease was revealed in a Form 13F filing with the U.S. Securities and Exchange Commission on October 21, 2026. The remaining shares carried an estimated value of $205,365,160 at the close of the period.

MSFT Microsoft Corporation

$532.95 ▲ +13.40% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Adams Diversified Equity Fund's Microsoft Position

The fund held 404,500 shares of the technology giant prior to the filing. Dropping 4,100 shares marked a 1.0% reduction in its position. Even with the trim, Microsoft remains a large holding in the fund's portfolio.

Other Institutional Activity in Microsoft

Other major funds also adjusted their positions in Microsoft around the same time. PineStone Asset Management cut its stake by 149,240 shares to finish with 2,437,447 shares worth about $1.25 billion. Bell Bank grew its holdings by 1,154 shares, ending with 47,708 shares worth about $24.5 million. Livforsakringsbolaget Skandia reduced its stake by 11,360 shares, leaving it with 342,478 shares valued at roughly $175.7 million. Accurate Wealth Management lifted its position by 3,234 shares to 46,864 shares valued at about $25.5 million. PensionDanmark Pensionsforsikringsaktieselskab trimmed its holdings by 27,259 shares to hold 1,392,232 shares worth about $714.1 million.

Microsoft Corporation Stock Down 1.1%

Microsoft shares recently traded around $526.20 as of October 22, 2026, which is down about 1.3% from the closing price of $532.95 on the filing date. The stock sits well above its 50-day and 200-day moving averages and trades below its 52-week high of $553.72.

Recent Earnings

Microsoft reported trailing-twelve-month revenue of $331.8 billion alongside basic earnings of $17.95 per share. The company posted a net profit margin of 40.3% and a return on equity of 34.0%. Its next earnings report is scheduled for October 28, 2026.

Dividend

Microsoft pays an annual dividend of $3.92 per share, yielding 0.74%. The dividend payout ratio stands at 19.8%.

Insider Buying and Selling at Microsoft Corporation

Company insiders completed several transactions prior to the filing. Officer Judson Althoff sold 10,000 shares on August 5, 2026, for about $4.9 million. CEO Satya Nadella disposed of 86,525 shares on September 1, 2026, valued at roughly $43.4 million. CFO Amy E. Hood sold 41,674 shares on September 14, 2026, for about $20.8 million, followed by another sale of 7,305 shares on October 13, 2026, worth about $4.0 million.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. UBS maintained a Buy rating with a $675.00 price target on October 15, 2026. StoneX kept a Buy rating with a $600.00 target on October 16, 2026. Bernstein held an Outperform rating and set a $662.00 target on October 19, 2026. BMO Capital maintained an Outperform rating with a $600.00 target on October 20, 2026. Guggenheim reiterated a Buy rating with a $586.00 target on October 21, 2026. Overall, the stock carries a consensus strong buy rating with an average analyst price target of $601.73 across 53 opinions.

About Microsoft

Based in Redmond, Washington, Microsoft Corporation develops a wide range of software, hardware, and cloud solutions for individual consumers and enterprise clients worldwide. Its offerings include operating systems, server applications, productivity tools, video game consoles, and cloud computing infrastructure.

Bottom Line

Investors will look to Microsoft's upcoming earnings report on October 28, 2026, for fresh details on revenue growth and cloud demand. Additional institutional reports will continue to show how large funds adjust their tech holdings.