Steve Cohen’s Point72 Trims Microsoft Stake by 20% While Remaining Bullish on AI

Key Facts

1Billionaire Steve Cohen's fund trimmed its position in Microsoft Corporation by 20%.

2The fund now holds 2 million shares of Microsoft.

3The fund maintains a long-term bullish view on Microsoft's AI Copilot and custom Maia AI chips.

Billionaire Steve Cohen's hedge fund, Point72 Asset Management, has reduced its position in Microsoft Corporation by 20%. The fund now holds approximately 2 million shares of the tech giant following the recent portfolio adjustment. Despite the reduction, the fund maintains a long-term bullish outlook on Microsoft's trajectory within the artificial intelligence sector. Market observers suggest the move likely represents portfolio rebalancing or profit-taking rather than a shift in fundamental sentiment. Point72 continues to highlight the potential of Microsoft’s custom Maia AI chips and its AI Copilot ecosystem. The firm’s strategic transition toward Agentic AI remains a key factor in its continued appeal to institutional investors.