Chris Hohn’s TCI Revamps Q2 Portfolio, Exits Microsoft and Adds to Alphabet
TCI Management increased its stake in Alphabet Inc. and exited Microsoft Corp., while pushing for cost-cutting measures in GOOGL.
A big investor sold all their Microsoft shares but bought more Google stock, and is pushing Google to spend less money. This tells us the investor thinks Google is a better deal right now, even though he wants the company to be more careful with its cash.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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