Top shareholders of Microsoft Corp. (MSFT) include prominent figures 𝕴such as CEO Satya Nadella, President Bradford L. Smith, Chief People Officer Kathleen Hogan, and major institutional investors like Vanguard Group Inc., BlackRock Inc. (BLK), and State Street Corp.
Microsoft is one of the world's largest companies by market value and among the tech industry's greatest success stories. Founded in 1975, its Windows software product turned it into a multi-billion dollar corporation within a few years. Microsoft's business encompasses personal computing devices, cloud systems and services, software, artificial intelligence (AI), and related products sold to individual consumers and businesses.
Its market capitalization currently exceeds $3 trillion, with 12-month trailing revenue of $245 billion and net income of $88 billion as of September 2024. Here's a more detailed look at Microsoft's six biggest shareholders.
Key Takeaways
- Microsoft Corp. is among the world's largest companies, with its market cap exceeding $3 trillion as of September 2024.
- As of June 30, 2024, the Vanguard Group was Microsoft's biggest shareholder, holding 675.91 million shares, which accounts for just over 9% of the total shares outstanding.
- Satya Nadella owned close to 864,000 shares of MSFT as of September 2024, making him the top individual insider shareholder.
Top 3 Individual Insider Shareholders
Satya Nadella
Satya Nadella owned 864,327 shares of Microsoft stock as of September 4, 2024.
Nadella has served as Microsoft's chief executive officer (CEO) since 2014. He joined Microsoft in 1992. He has held leadership roles in Microsoft's enterprise and consumer businesses and served as executive vice president of Microsoft’s Cloud and Enterprise group, where he led the transformation to the cloud infrastructure and services business, which has outperformed the market and taken share from competition.
Under Nadella's leadership, Microsoft has become one of the largest cloud service providers globally. Before his time at Microsoft, Nadella worked on the technology staff at Sun Microsystems.
Important
"Insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of a company's stock. In this context, it is not connected to 澳洲幸运5官方开奖结果体彩网:insider trading, which involves the illegal usꦇe of non-public information for financial gain.
Bradford L. Smith
Brad Smith owned 584,847 shares of Microsoft stock as of Sept. 3, 2024.
Smith is president and vice chair of the company, having previously served as Microsoft's general counsel. He serves as the company’s chief legal officer and leads the company's initiatives on public issues such as cybersecurity, privacy, and environmental sustainability.
After joining Microsoft in 2002 as general counsel, Smith spent the following decade leading work to resolve the company’s antitrust controversies with governments around the world. He was previously an associate then partner at Covington and Burling in Washington, D.C.
Kathleen Hogan
Kathleen Hogan owned 167,538 shares of Microsoft stock as of Sept. 3, 2024.
Hogan joined Microsoft in 2003 as its executive vice president and chief people officer. She focuses on the needs and satisfaction of the company's 228,000 global employees.
Hogan also serves on the executive council of the Society for Human Resource Management and on the board of the National Center for Women and Information Technology. In 2021, Human Resource Executive magazine named her "HR Executive of the Year" for her work during the COVID-19 pandemic.
Top 3 Institutional Shareholders
Institutional investors hold most of Microsoft's shares, about 71.13% of the total shares outstanding as of Sept. 10, 2024.
Vanguard Group Inc.
Vanguard Group owns 675.91 million shares of Microsoft, representing 9.09% of the total shares outstanding as of June 30, 2024.
Vanguard is primarily a mutual fund and ETF management company, with about $9.3 trillion in assets under management as of March 31, 2024. The Vanguard S&P 500 ETF (VOO) is among the company's largest exchange-traded funds (ETFs) with $508.7 billion in net assets as of Aug. 31, 2024.
BlackRock Inc.
BlackRock owns 553.98 million shares of Microsoft, as of June 30, 2024. This represents 7.45% of the total shares outstanding.
BlackRock is primarily a mutual fund and ETF management company with approximately $10.65 trillion in global AUM as of June 2024.
State Street Corp.
As of June 30, 2024, State Street owned 300.03 million shares of Microsoft, representing 4.04% of the total shares outstanding.
State Street manages mutual funds, ETFs, and other investments with $4.1 trillion in AUM at the close of 2023. The SPDR S&P 500 ETF Trust (SPY) is among State Street's largest ETFs with approximately $547 billion in AUM as of Sept. 9, 2024.
Who Were the Original Shareholders of Microsoft?
Friends Bill Gates and Paul Allen started Microsoft and were its original shareholders. Following its IPO in 1986, Gates held a 45% stake in the company, while Allen owned 28%.
How Much Does a Share of Microsoft Cost?
Purchasing a share of Microsoft will run you about $415 as of Sept. 10, 2024, and its share price has ranged from $309 to $468 over the past 52 weeks. Remember that stock prices rise and fall over the trading day, not t💛o 𒁃mention by the week, month, or year.
What Was Microsoft's Major Hire in 2024?
In March 2024, Satya Nadella recruited Mustafa Suleyman, cofounder of Google DeepMind, from his AI startup, Inflection AI, to lead Microsoft’s AI initiatives. Suleyman now oversees Microsoft Bing, Edge, and Copilot, reporting directly to Nadella as part of the company's growing focus on AI-driven products and services.
What Are Assets Under Management?
Assets under management or "AUM" are the total market value of a financial institution's securities. This doesn't include only securities that an institution owns outright but those it manages for other owners and clients as well. AUM can and typically does vary over time based on dividends that are paid out, the changing value of the securities, and ongoing transactions made by investors.
The Bottom Line
Microsoft’s largest shareholders include insiders like Satya Nadella, Bradford L. Smith, and😼 Kaꦡthleen Hogan, as well as institutional giants like Vanguard, BlackRock, and State Street.
With a market capitalization exceeding $3 trillion and steady financial performance, Microsoft's shareholder structure reflects a strong balance between individual leadership and institutional backing. As the company expands into new areas like AI, it continues to be a dominant force in both the tech industry and the broader market.