Microsoft Remains Dearborn Partners' Second Largest Holding

Institutional investor reduces stake in tech giant by 1% in Q3

Published on Mar. 9, 2026

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According to a recent SEC filing, Dearborn Partners LLC reduced its holdings in Microsoft Corporation (NASDAQ:MSFT) by 1% in the third quarter. However, Microsoft still accounts for about 4.5% of Dearborn Partners' investment portfolio, making it the firm's second largest holding.

Why it matters

As one of the world's largest and most influential technology companies, Microsoft's stock performance and institutional ownership are closely watched by investors. Dearborn Partners' decision to slightly reduce its Microsoft position, while still maintaining it as a top holding, provides insight into how some major investors are viewing the tech giant's outlook.

The details

Dearborn Partners, an institutional investment firm, owned 186,307 shares of Microsoft at the end of the third quarter, down from 188,211 shares in the previous quarter. This 1% reduction in its Microsoft stake was likely due to portfolio rebalancing rather than a major shift in the firm's view of the company. Microsoft remains Dearborn Partners' second largest position, accounting for around 4.5% of its total investment portfolio.

  • Dearborn Partners reduced its Microsoft holdings in the third quarter of 2026.

The players

Dearborn Partners LLC

An institutional investment firm that owns a significant stake in Microsoft Corporation.

Microsoft Corporation

A global technology company and one of the world's largest and most influential tech firms.

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The takeaway

Despite a slight reduction in its Microsoft holdings, Dearborn Partners' continued strong investment in the tech giant underscores the company's enduring appeal and importance among major institutional investors.