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ISF Management LLC
> MSFT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2016 | MICROSOFT CORP | MSFT | 151,100 | -3,770 | 8,345,000 | -247,000 | $55.23 |
| 12/31/2015 | MICROSOFT CORP | MSFT | 154,870 | -74,693 | 8,592,000 | -1,569,000 | $55.48 |
| 09/30/2015 | MICROSOFT CORP | MSFT | 229,563 | 19,223 | 10,161,000 | 829,000 | $44.26 |
| 06/30/2015 | MICROSOFT CORP | MSFT | 210,340 | 2,705 | 9,332,000 | 828,000 | $44.37 |
| 03/31/2015 | MICROSOFT CORP | MSFT | 207,635 | 26,242 | 8,504,000 | 78,000 | $40.96 |
| 12/31/2014 | MICROSOFT CORP | MSFT | 181,393 | 181,393 | 8,426,000 | 8,426,000 | $46.45 |
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