Microsoft Corp (MSFT)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Massmutual Trust Co Fsbv	387,654	$145,521,435	4.21%
2.	Park National Corp	259,590	$97,447,490	3.58%
3.	Confluence Investment Management Llc	167,479	$62,869,896	0.91%
4.	Cullen Investment Group, Ltd.	87,925	$33,006,059	5.01%
5.	Rempart Asset Management Inc.	69,081	$25,932,317	5.35%