Ubben Likes VRX, MSFT, AFBE; Cuts Back On GOOG, MCRS, COL

After coming off a highly discussed panel on activist investing at the Milken Institute, as reported in ValueWalk, hedge fund manager Jeffery Ubben is busy adding new names to his $13 billion portfolio. Tech big theme for subtle activist The fund manager at ValueAct took a liking to Microsoft Corporation (NASDAQ:MSFT), his top holding, as well as MSCI, Dresser-Rand Group Inc. (NYSE:DRC) and Symantec Corporation (NASDAQ:SYMC). Ubben’s largest percentage increase comes on Dresser-Rand Group Inc. (NYSE:DRC), where his recent activity in the stock brought his holdings to 2.21% of the portfolio, or nearly 5 million shares. Microsoft Corporation (NASDAQ:MSFT) remained the…