"We are rapidly moving into a world in which the bulk of equity capital of large companies with dispersed ownership will be owned by a small number of institutions... It is not an exaggeration to say that even if this mega-trend begins to taper off, the majority of the 1,000 largest U.S. companies will be controlled by a dozen or fewer people over the next ten to twenty years."

- John C. Coates, IV, Harvard Law, "The Problem of Twelve"

FIND COMMON SHAREHOLDERS BETWEEN

    and

      MSFT and AAPL share 7 major institutional shareholders,

      controlling a combined 23.4% of MSFT and 20.5% of AAPL

      Major Institutional Holders

      MSFT

      Holder Ownership
      Vanguard Group, Inc. (Subfiler) 7.95%
      Capital Research & Management Co. 7.34%
      State Street Corp. 4.15%
      Fidelity Management & Research Co. LLC 2.93%
      BlackRock Institutional Trust Co. NA 2.42%
      T. Rowe Price Associates, Inc. (Investment Management) 2.27%
      BlackRock Fund Advisors 2.16%
      Capital Research & Management Co. (World Investors) 1.83%
      Geode Capital Management LLC 1.53%
      Capital Research & Management Co. (International Investors) 1.37%

      AAPL

      Holder Ownership
      Vanguard Group, Inc. (Subfiler) 7.29%
      Berkshire Hathaway, Inc. 5.66%
      State Street Corp. 4.17%
      BlackRock Institutional Trust Co. NA 2.32%
      BlackRock Fund Advisors 2.00%
      Fidelity Management & Research Co. LLC 1.97%
      Geode Capital Management LLC 1.48%
      T. Rowe Price Associates, Inc. (Investment Management) 1.30%
      Northern Trust Corp. 1.24%
      Norges Bank (13F) 1.08%