These Funds Have the Largest Stakes In Microsoft

Key Takeaways

• Microsoft is down 26% since its October 2025 peak, due to fears that AI will reduce demand for software.
• The Principal Blue Chip Fund has the largest weighting to the stock with a 15.6% allocation.
• All 10 of the largest holders of Microsoft are down over the past three months.

Fears that artificial intelligence will undermine the software industry have sent shares of Microsoft MSFT sharply lower in recent months, and the funds with the biggest bets on the stock have been feeling the squeeze.

The fund with the largest allocation to Microsoft is the $8.8 billion Principal Blue Chip Fund PGBHX, which has 15.6% of its assets in the stock. The fund with the second-largest position is the $6.9 billion Nomura Large Cap Growth Fund ILGRX, which has 13.9% of its portfolio in the stock.

Shares of the $3 trillion company have followed the rest of the software industry down in the past few months. “It’s just fear, fear, fear. And there’s a lot of uncertainty, and there’s no way…