Microsoft Corporation
BG ˙ BUL ˙ US5949181045
SecurityBG:MSF / Microsoft Corporation
InstitutionELCO Management Co., LLC
Latest Disclosed Ownership14,465 shares
Latest Disclosed Value $ 5,354,509
ELCO Management Co., LLC reports 9.92% increase in ownership of MSF / Microsoft Corporation

On April 23, 2026 - ELCO Management Co., LLC filed a 13F-HR form disclosing ownership of 14,465 shares of Microsoft Corporation (BG:MSF) valued at $5,354,509 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 4, 2026 disclosing 13,160 shares of Microsoft Corporation. This represents a change in shares of 9.92% 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)
2026-04-23 2026-03-31 13F MICROSOFT COM 594918104 14,465 1,305 9.92 5,355 -15.87 2.5267
2026-02-04 2025-12-31 13F MICROSOFT COM 594918104 13,160 32 0.24 6,365 -6.40 4.0124
2025-11-05 2025-09-30 13F MICROSOFT COM 594918104 13,128 -577 -4.21 6,800 -0.26 3.5453
2025-08-04 2025-06-30 13F MICROSOFT COM 594918104 13,705 90 0.66 6,817 33.41 3.5712
2025-05-01 2025-03-31 13F MICROSOFT COM 594918104 13,615 1,085 8.66 5,111 -3.24 2.8254
2025-02-13 2024-12-31 13F MICROSOFT COM 594918104 12,530 -647 -4.91 5,281 -6.86 2.7752
2024-11-14 2024-09-30 13F MICROSOFT COM 594918104 13,177 -15 -0.11 5,670 -3.83 3.0588
2024-08-14 2024-06-30 13F MICROSOFT COM 594918104 13,192 48 0.37 5,896 6.64 3.4313
2024-05-14 2024-03-31 13F MICROSOFT COM 594918104 13,144 1,185 9.91 5,530 22.95 3.3673
2024-02-14 2023-12-31 13F MICROSOFT COM 594918104 11,959 -57 -0.47 4,497 18.53 2.9629
2023-11-14 2023-09-30 13F MICROSOFT COM 594918104 12,016 -382 -3.08 3,794 -10.14 2.7399
2023-08-11 2023-06-30 13F MICROSOFT COM 594918104 12,398 -168 -1.34 4,222 16.57 3.0545
2023-05-15 2023-03-31 13F MICROSOFT COM 594918104 12,566 422 3.47 3,623 24.38 2.6336
2023-02-14 2022-12-31 13F MICROSOFT COM 594918104 12,144 -104 -0.85 2,912 2.07 2.1888
2022-11-14 2022-09-30 13F MICROSOFT COM 594918104 12,248 165 1.37 2,853 -8.06 2.2714
2022-08-12 2022-06-30 13F MICROSOFT COM 594918104 12,083 -123 -1.01 3,103 -17.54 2.5445
2022-05-16 2022-03-31 13F MICROSOFT COM 594918104 12,206 -24 -0.20 3,763 -8.51 2.5617
2022-02-14 2021-12-31 13F MICROSOFT COM 594918104 12,230 -41 -0.33 4,113 18.91 2.9395
2021-11-15 2021-09-30 13F MICROSOFT COM 594918104 12,271 -84 -0.68 3,459 3.35 2.6606
2021-08-11 2021-06-30 13F MICROSOFT COM 594918104 12,355 1,024 9.04 3,347 25.26 2.4848
2021-05-14 2021-03-31 13F MICROSOFT COM 594918104 11,331 -1,214 -9.68 2,672 -4.23 2.4181
2021-02-16 2020-12-31 13F MICROSOFT COM 594918104 12,545 -3,150 -20.07 2,790 -15.48 2.4060
2020-11-12 2020-09-30 13F MICROSOFT COM 594918104 15,695 -1,080 -6.44 3,301 -3.31 2.6918
2020-08-13 2020-06-30 13F MICROSOFT COM 594918104 16,775 -17 -0.10 3,414 28.93 2.8739
2020-05-14 2020-03-31 13F MICROSOFT COM 594918104 16,792 141 0.85 2,648 0.84 2.7691
2020-02-14 2019-12-31 13F MICROSOFT COM 594918104 16,651 660 4.13 2,626 18.13 1.5819
2019-11-14 2019-09-30 13F MICROSOFT COM 594918104 15,991 230 1.46 2,223 5.31 1.3377
2019-08-01 2019-06-30 13F MICROSOFT COM 594918104 15,761 3,914 33.04 2,111 51.11 1.1680
2019-05-13 2019-03-31 13F MICROSOFT COM 594918104 11,847 85 0.72 1,397 16.90 0.8251
2019-02-14 2018-12-31 13F MICROSOFT COM 594918104 11,762 810 7.40 1,195 -4.63 0.8121
2018-11-13 2018-09-30 13F MICROSOFT COM 594918104 10,952 75 0.69 1,253 16.78 0.6601
2018-07-17 2018-06-30 13F MICROSOFT COM 594918104 10,877 1,067 10.88 1,073 19.89 0.5767
2018-05-14 2018-03-31 13F MICROSOFT COM 594918104 9,810 290 3.05 895 9.95 0.5267
2018-02-09 2017-12-31 13F MICROSOFT COM 594918104 9,520 -1,380 -12.66 814 0.25 0.4493
2017-11-14 2017-09-30 13F MICROSOFT COM 594918104 10,900 20 0.18 812 8.27 0.4570
2017-08-14 2017-06-30 13F MICROSOFT COM 594918104 10,880 -160 -1.45 750 3.16 0.4377
2017-05-15 2017-03-31 13F MICROSOFT COM 594918104 11,040 0 0.00 727 5.98 0.3885
2017-02-14 2016-12-31 13F MICROSOFT COM 594918104 11,040 460 4.35 686 12.64 0.3809
2016-12-29 2016-09-30 13F MICROSOFT COM 594918104 10,580 10,580 609 0.2430
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.