Microsoft Corporation
MX ˙ BMV ˙ US5949181045
SecurityMX:MSFT / Microsoft Corporation
InstitutionAdalta Capital Management LLC
Latest Disclosed Ownership39,474 shares
Latest Disclosed Value $ 14,612,091
Adalta Capital Management LLC reports 12.72% decrease in ownership of MSFT / Microsoft Corporation

On May 15, 2026 - Adalta Capital Management LLC filed a 13F-HR form disclosing ownership of 39,474 shares of Microsoft Corporation (MX:MSFT) valued at $14,612,091 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 14, 2026 disclosing 45,228 shares of Microsoft Corporation. This represents a change in shares of -12.72% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F Microsoft COM 594918104 39,474 -5,754 -12.72 14,612 -33.20 4.3419
2026-02-14 2025-12-31 13F Microsoft COM 594918104 45,228 -303 -0.67 21,873 -7.25 9.7646
2025-11-17 2025-09-30 13F Microsoft COM 594918104 45,531 -100 -0.22 23,583 3.90 10.7059
2025-08-12 2025-06-30 13F Microsoft COM 594918104 45,631 -2,812 -5.80 22,697 24.81 11.3899
2025-05-16 2025-03-31 13F Microsoft COM 594918104 48,443 -78 -0.16 18,185 -11.08 9.6832
2025-02-18 2024-12-31 13F Microsoft COM 594918104 48,521 -4,877 -9.13 20,452 -10.99 10.6779
2024-11-15 2024-09-30 13F Microsoft COM 594918104 53,398 -211 -0.39 22,977 -4.10 11.8518
2024-08-15 2024-06-30 13F Microsoft COM 594918104 53,609 -139 -0.26 23,961 5.96 13.0282
2024-05-16 2024-03-31 13F Microsoft COM 594918104 53,748 912 1.73 22,613 13.81 12.4888
2024-02-14 2023-12-31 13F Microsoft COM 594918104 52,836 -312 -0.59 19,868 124,075.00 12.0138
2023-11-15 2023-09-30 13F Microsoft COM 594918104 53,148 470 0.89 17 -5.88 11.4352
2023-08-24 2023-06-30 13F Microsoft COM 594918104 52,678 -4,735 -8.25 18 6.25 11.9893
2023-05-16 2023-03-31 13F Microsoft COM 594918104 57,413 -491 -0.85 17 23.08 11.5751
2023-02-21 2022-12-31 13F Microsoft COM 594918104 57,904 -2,721 -4.49 14 -99.91 9.7942
2022-11-15 2022-09-30 13F Microsoft COM 594918104 60,625 -1,860 -2.98 14,120 -12.01 10.1431
2022-08-18 2022-06-30 13F Microsoft COM 594918104 62,485 -3,630 -5.49 16,048 -21.27 10.4219
2022-06-15 2022-03-31 13F Microsoft COM 594918104 66,115 -4,935 -6.95 20,384 -14.70 10.1685
2022-02-15 2021-12-31 13F Microsoft COM 594918104 71,050 2,865 4.20 23,896 24.31 11.0191
2021-11-16 2021-09-30 13F Microsoft COM 594918104 68,185 -1,295 -1.86 19,223 2.13 10.6393
2021-08-17 2021-06-30 13F Microsoft COM 594918104 69,480 -215 -0.31 18,822 14.54 10.2491
2021-05-18 2021-03-31 13F Microsoft COM 594918104 69,695 -1,057 -1.49 16,432 4.42 9.4792
2021-02-17 2020-12-31 13F Microsoft COM 594918104 70,752 -1,465 -2.03 15,737 3.61 9.9305
2020-11-17 2020-09-30 13F Microsoft COM 594918104 72,217 -350 -0.48 15,189 2.85 11.0825
2020-08-14 2020-06-30 13F Microsoft COM 594918104 72,567 -1,875 -2.52 14,768 25.79 11.7653
2020-05-18 2020-03-31 13F Microsoft COM 594918104 74,442 -8,091 -9.80 11,740 -9.80 10.6604
2020-02-14 2019-12-31 13F Microsoft COM 594918104 82,533 -3,115 -3.64 13,016 9.30 8.1884
2019-11-15 2019-09-30 13F Microsoft COM 594918104 85,648 -100 -0.12 11,908 3.67 7.8884
2019-08-14 2019-06-30 13F Microsoft COM 594918104 85,748 2,899 3.50 11,486 17.55 7.5487
2019-05-16 2019-03-31 13F Microsoft COM 594918104 82,849 0 0.00 9,771 16.11 7.3914
2019-02-15 2018-12-31 13F Microsoft COM 594918104 82,849 632 0.77 8,415 -10.52 7.8596
2018-11-14 2018-09-30 13F Microsoft COM 594918104 82,217 0 0.00 9,404 16.00 6.7119
2018-08-14 2018-06-30 13F Microsoft COM 594918104 82,217 -1,075 -1.29 8,107 6.64 5.7269
2018-05-16 2018-03-31 13F Microsoft COM 594918104 83,292 1,525 1.87 7,602 8.68 5.8038
2018-02-14 2017-12-31 13F Microsoft COM 594918104 81,767 -3,000 -3.54 6,995 10.77 5.3254
2017-11-24 2017-09-30 13F Microsoft COM 594918104 84,767 -1,050 -1.22 6,315 6.74 5.1555
2017-08-16 2017-06-30 13F Microsoft COM 594918104 85,817 2,925 3.53 5,916 8.37 4.7738
2017-05-17 2017-03-31 13F Microsoft COM 594918104 82,892 82,892 5,459 4.6186
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.