Arrow Financial Corp reports 4.06% increase in ownership of MSF / Microsoft Corporation

Microsoft Corporation

DE ˙ XTRA ˙ US5949181045

368,85 € ↓ -11,05 (-2,91%)

2026-06-03
DEL PRIS

Security	DE:MSF / Microsoft Corporation
Institution	Arrow Financial Corp
Latest Disclosed Ownership	35,720 shares
Latest Disclosed Value	$ 13,222,473

On May 11, 2026 - Arrow Financial Corp filed a 13F-HR form disclosing ownership of 35,720 shares of Microsoft Corporation (DE:MSF) valued at $11,501,840 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 5, 2026 disclosing 34,325 shares of Microsoft Corporation. This represents a change in shares of 4.06% during the quarter. The current value of the position is $13,175,322 USD.

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 Premium Registration Required .

Disclosed Equity Positions (from 13F/NPORT Filings)

File Date	Effective Date	Form	Security	Class	ID	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-05-11	2026-03-31	13F	MICROSOFT	Equities	594918104	35,720	1,395	4.06	13,222	-20.35	0.7147
2026-02-05	2025-12-31	13F	MICROSOFT	Equities	594918104	34,325	-1,335	-3.74	16,600	-10.12	1.6549
2025-10-21	2025-09-30	13F	MICROSOFT	Equities	594918104	35,660	-23	-0.06	18,470	4.06	1.8886
2025-08-11	2025-06-30	13F	MICROSOFT	Equities	594918104	35,683	-1,589	-4.26	17,749	26.86	1.8690
2025-05-05	2025-03-31	13F	MICROSOFT	Equities	594918104	37,272	-20,519	-35.51	13,992	-42.56	1.5642
2025-02-14	2024-12-31	13F	MICROSOFT	Equities	594918104	57,791	-714	-1.22	24,359	-3.24	2.3123
2024-11-04	2024-09-30	13F	MICROSOFT	COMMON STOCK	594918104	58,505	942	1.64	25,175	-2.15	2.3278
2024-07-30	2024-06-30	13F	MICROSOFT	COMMON STOCK	594918104	57,563	-1,490	-2.52	25,728	3.55	2.5098
2024-05-21	2024-03-31	13F	MICROSOFT	COMMON STOCK	594918104	59,053	-1,329	-2.20	24,845	9.42	2.4664
2024-02-12	2023-12-31	13F	MICROSOFT	COMMON STOCK	594918104	60,382	-2,898	-4.58	22,706	13.64	2.3559
2023-11-13	2023-09-30	13F	MICROSOFT	COMMON STOCK	594918104	63,280	-5,269	-7.69	19,981	-14.41	2.3423
2023-08-09	2023-06-30	13F	MICROSOFT	COMMON STOCK	594918104	68,549	2,197	3.31	23,344	22.03	2.8162
2023-05-03	2023-03-31	13F	MICROSOFT	COMMON STOCK	594918104	66,352	-466	-0.70	19,129	119,456.25	2.4932
2023-02-02	2022-12-31	13F	MICROSOFT	COMMON STOCK	594918104	66,818	-865	-1.28	16	-99.90	2.1740
2022-11-07	2022-09-30	13F	MICROSOFT	COMMON STOCK	594918104	67,683	-751	-1.10	15,763	-10.32	2.2990
2022-07-25	2022-06-30	13F	MICROSOFT	COMMON STOCK	594918104	68,434	-3,385	-4.71	17,577	-20.62	2.3970
2022-04-26	2022-03-31	13F	MICROSOFT	COMMON STOCK	594918104	71,819	-2,627	-3.53	22,143	-11.56	2.6495
2022-01-28	2021-12-31	13F	MICROSOFT	COMMON STOCK	594918104	74,446	-5,678	-7.09	25,037	10.84	2.9632
2021-10-21	2021-09-30	13F	MICROSOFT	COMMON STOCK	594918104	80,124	-2,416	-2.93	22,589	1.02	2.9148
2021-07-21	2021-06-30	13F	MICROSOFT	COMMON STOCK	594918104	82,540	-2,936	-3.43	22,360	10.96	2.8364
2021-04-30	2021-03-31	13F	MICROSOFT	COMMON STOCK	594918104	85,476	-4,548	-5.05	20,151	0.64	2.6735
2021-02-08	2020-12-31	13F	MICROSOFT	COMMON STOCK	594918104	90,024	-3,250	-3.48	20,023	2.07	3.8928
2020-11-06	2020-09-30	13F	MICROSOFT	COMMON STOCK	594918104	93,274	-5,383	-5.46	19,617	-2.29	4.1475
2020-07-27	2020-06-30	13F	MICROSOFT	COMMON STOCK	594918104	98,657	-5,901	-5.64	20,077	21.75	4.3777
2020-04-21	2020-03-31	13F	MICROSOFT	COMMON STOCK	594918104	104,558	-2,467	-2.31	16,490	-2.30	3.9079
2020-02-10	2019-12-31	13F	MICROSOFT	COMMON STOCK	594918104	107,025	-7,874	-6.85	16,878	5.66	3.2894
2019-10-28	2019-09-30	13F	MICROSOFT	COMMON STOCK	594918104	114,899	-4,228	-3.55	15,974	0.09	3.3159
2019-07-26	2019-06-30	13F	MICROSOFT	COMMON STOCK	594918104	119,127	1,817	1.55	15,959	15.35	3.4300
2019-04-26	2019-03-31	13F	MICROSOFT	COMMON STOCK	594918104	117,310	-1,337	-1.13	13,835	14.80	3.2069
2019-02-04	2018-12-31	13F	MICROSOFT	COMMON STOCK	594918104	118,647	-1,644	-1.37	12,051	-12.41	3.0823
2018-10-10	2018-09-30	13F	MICROSOFT	COMMON STOCK	594918104	120,291	1,305	1.10	13,758	17.26	2.8890
2018-07-30	2018-06-30	13F	MICROSOFT	COMMON STOCK	594918104	118,986	942	0.80	11,733	8.90	2.6348
2018-04-25	2018-03-31	13F	MICROSOFT	COMMON STOCK	594918104	118,044	-1,273	-1.07	10,774	5.57	2.4968
2018-02-02	2017-12-31	13F	MICROSOFT	COMMON STOCK	594918104	119,317	-2,235	-1.84	10,206	12.71	2.3597
2017-10-18	2017-09-30	13F	MICROSOFT	COMMON STOCK	594918104	121,552	-6,329	-4.95	9,055	2.73	2.1489
2017-08-01	2017-06-30	13F	MICROSOFT	COMMON STOCK	594918104	127,881	-11,290	-8.11	8,814	-3.84	2.1100
2017-04-28	2017-03-31	13F	MICROSOFT	COMMON STOCK	594918104	139,171	-2,201	-1.56	9,166	4.34	2.2351
2017-02-14	2016-12-31	13F	MICROSOFT	COMMON STOCK	594918104	141,372	-996	-0.70	8,785	7.13	2.1782
2016-10-28	2016-09-30	13F	MICROSOFT	COMMON STOCK	594918104	142,368	-4,585	-3.12	8,200	9.04	2.0851
2016-08-01	2016-06-30	13F	MICROSOFT	COMMON STOCK	594918104	146,953	582	0.40	7,520	-6.99	1.9612
2016-05-04	2016-03-31	13F	MICROSOFT	COMMON STOCK	594918104	146,371	11,321	8.38	8,085	7.90	2.1453
2016-02-09	2015-12-31	13F	MICROSOFT	COMMON STOCK	594918104	135,050	3,186	2.42	7,493	28.37	2.0011
2015-11-06	2015-09-30	13F	MICROSOFT	COMMON STOCK	594918104	131,864	15,195	13.02	5,837	13.34	1.6586
2015-07-28	2015-06-30	13F	MICROSOFT	COMMON STOCK	594918104	116,669	-598	-0.51	5,150	8.03	1.3948
2015-04-30	2015-03-31	13F	MICROSOFT	COMMON STOCK	594918104	117,267	-3,212	-2.67	4,767	-14.83	1.2824
2015-01-22	2014-12-31	13F	MICROSOFT	COMMON STOCK	594918104	120,479	6,804	5.99	5,597	6.20	1.5262
2014-10-31	2014-09-30	13F	MICROSOFT	COMMON STOCK	594918104	113,675	-4,344	-3.68	5,270	7.07	1.4620
2014-07-30	2014-06-30	13F	MICROSOFT	COMMON STOCK	594918104	118,019	-897	-0.75	4,922	0.98	1.3304
2014-04-30	2014-03-31	13F	MICROSOFT	COMMON STOCK	594918104	118,916	-5,894	-4.72	4,874	4.39	1.3836
2014-01-31	2013-12-31	13F	MICROSOFT	COMMON STOCK	594918104	124,810	-11,144	-8.20	4,669	3.21	1.3394
2013-10-29	2013-09-30	13F	MICROSOFT	COMMON STOCK	594918104	135,954	-4,320	-3.08	4,524	-6.64	1.3885
2013-08-08	2013-06-30	13F	MICROSOFT	COMMON STOCK	594918104	140,274	140,274		4,846		1.5523

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.