Cliff Asness: Education, Papers, Wife, Net Worth

2. Microsoft Corporation (NASDAQ:MSFT)

Cliff Asness’ fund also increased its stake in Microsoft Corporation (NASDAQ:MSFT) by 9% to 13.38 million shares worth $922.59 million during the second quarter. Microsoft Corporation (NASDAQ:MSFT)’s strategy to focus on cloud has been paying off handsomely, as the tech giant has been delivering better-than-expected financial results. Its cloud platform currently has the second-largest market share, trailing behind Amazon.com, Inc. (NASDAQ:AMZN)’s AWS, although by a rather fat margin, 13.8% vs 30.3% for AWS, according to Canalys research. Microsoft Corporation (NASDAQ:MSFT)’s stock has returned over 19% since the beginning of the year and has a dividend yield of 2.11%, one of the highest among technology mega-cap stocks. During the second quarter, the number of investors tracked by Insider Monkey long Microsoft Corporation (NASDAQ:MSFT) increased by three to 124.

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