MORGAN STANLEY MS
COM NEW · Common Stock · CUSIP 617446448 · ISIN US6174464486
U.S. investment bank
- SectorFinancials
- IndustrySecurity Brokers, Dealers & Flotation Companies
- HeadquartersNew York, NY
- Founded1924
- Websitemorganstanley.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($276.7m this quarter). Holder counts are more reliable. Shares outstanding: 1.6bn as of 2025-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $140.82. Options: 55 managers hold calls ($2.7bn notional), 69 hold puts ($4.2bn).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,587 |
| Q4 2022 | 1,680 |
| Q1 2023 | 1,673 |
| Q2 2023 | 1,689 |
| Q3 2023 | 1,673 |
| Q4 2023 | 1,762 |
| Q1 2024 | 1,798 |
| Q2 2024 | 1,828 |
| Q3 2024 | 1,874 |
| Q4 2024 | 2,116 |
| Q1 2025 | 2,104 |
| Q2 2025 | 2,209 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 771 | 743 |
| Q4 2023 | 738 | 838 |
| Q1 2024 | 834 | 796 |
| Q2 2024 | 882 | 766 |
| Q3 2024 | 912 | 766 |
| Q4 2024 | 910 | 874 |
| Q1 2025 | 1,033 | 908 |
| Q2 2025 | 1,115 | 884 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.9bn | $4.0bn | 1.40 |
| Q4 2024 | $2.9bn | $4.6bn | 1.61 |
| Q1 2025 | $2.0bn | $3.9bn | 1.98 |
| Q2 2025 | $2.7bn | $4.2bn | 1.53 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +9.3m |
| CITADEL ADVISORS LLC | Added | +2.1m |
| MARSHALL WACE, LLP | Added | +1.8m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.5m |
| Squarepoint Ops LLC | Added | +1.5m |
| FRANKLIN RESOURCES INC | Added | +1.5m |
| VANGUARD GROUP INC | Added | +1.4m |
| T. Rowe Price Investment Management, Inc. | Added | +1.3m |
| KBC Group NV | Added | +1.3m |
Biggest sellers
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -4.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -4.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -3.7m |
| STATE STREET CORP | Reduced | -3.0m |
| AXIOM INVESTORS LLC /DE | Reduced | -3.0m |
| BARCLAYS PLC | Reduced | -2.9m |
| FMR LLC | Reduced | -2.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -2.3m |
| BlackRock, Inc. | Reduced | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $483.0m3.4m shares |
| CITADEL ADVISORS LLC | Added | $369.3m2.6m shares |
| UBS Group AG | Added | $164.5m1.2m shares |
| JANE STREET GROUP, LLC | Added | $157.2m1.1m shares |
| Twin Tree Management, LP | Added | $124.9m886.5k shares |
| WOLVERINE TRADING, LLC | New | $102.4m727.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $100.9m716.2k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $98.2m697.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $94.2m668.7k shares |
| CTC LLC | Added | $76.9m545.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $515.3m3.7m shares |
| JANE STREET GROUP, LLC | Added | $466.3m3.3m shares |
| CITADEL ADVISORS LLC | Reduced | $364.9m2.6m shares |
| Optiver Holding B.V. | Added | $285.9m2.0m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $255.0m1.8m shares |
| BARCLAYS PLC | Reduced | $155.8m1.1m shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $150.9m10.7k shares |
| Squarepoint Ops LLC | Reduced | $145.5m1.0m shares |
| UBS Group AG | Reduced | $141.9m1.0m shares |
| JPMORGAN CHASE & CO | Added | $137.3m974.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
MITSUBISHI UFJ FINANCIAL GROUP INC
13D · may seek influence
+0.2 pts · filed 2026-07-15
Stated purposeOn April 18, 2018, MUFG entered into a sales plan (the "Plan") with the Company and Morgan Stanley & Co. LLC ("MS & Co.") to sell shares of Common Stock to the Company, through its agent MS & Co., as part of the Company's share repurchase program. The Plan was filed as Exhibit 20 to the thirteenth amendment to the Schedule 13D. On December 10, 2020, the Company provided written notice to MUFG pursuant to Paragraph F.2(i) of the Plan to suspend the Plan effective immediately. On July 15, 2026, MUFG provided written notice to the Company that Sales (as defined in the Plan) shall resume with July 30, 2026 as the first Sale Day. Full filing |
24.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 6 | $41.8m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 4 | $27.2m | — |
| Q2 2024 | 0 | — | 3 | $10.7m | — |
| Q3 2024 | 0 | — | 6 | $28.2m | — |
| Q4 2024 | 0 | — | 1 | $7.2m | — |
| Q1 2025 | 0 | — | 6 | $17.0m | — |
| Q2 2025 | 0 | — | 4 | $9.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-12 | SIMKOWITZ DANIEL A Co-President | Sold | $3.7m29.0k shares |
| 2025-05-02 | SAPERSTEIN ANDREW M Co-President | Sold | $4.8m40.0k shares |
| 2025-05-02 | Herz Robert H Director | Sold | $95.5k800 shares |
| 2025-04-15 | GROSSMAN ERIC F Chief Legal/Admin Officer | Sold | $1.1m10.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| MITSUBISHI UFJ FINANCIAL GROUP INC 100.00% of their portfolio | 377.1m $53.1bn | Unchanged |
| VANGUARD GROUP INC 0.27% of their portfolio | 119.1m $16.8bn | Added +1.4m |
| STATE STREET CORP 0.55% of their portfolio | 104.1m $14.7bn | Reduced -3.0m |
| BlackRock, Inc. 0.26% of their portfolio | 95.0m $13.4bn | Reduced -1.2m |
| JPMORGAN CHASE & CO 0.38% of their portfolio | 39.2m $5.5bn | Added +579.0k |
| Capital International Investors 0.66% of their portfolio | 27.2m $3.8bn | Added +169.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 26.6m $3.7bn | Reduced -29.3k |
| Fisher Asset Management, LLC 1.34% of their portfolio | 24.0m $3.4bn | Added +749.1k |
| FMR LLC 0.17% of their portfolio | 20.8m $2.9bn | Reduced -2.7m |
| Capital Research Global Investors 0.55% of their portfolio | 19.4m $2.7bn | Reduced -578.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.49% of their portfolio | 19.1m $2.7bn | Reduced -180.9k |
| ROYAL BANK OF CANADA 0.26% of their portfolio | 18.7m $2.6bn | Added +9.3m |
| BANK OF AMERICA CORP /DE/ 0.19% of their portfolio | 17.1m $2.4bn | Reduced -4.0m |
| NORGES BANK 0.28% of their portfolio | 15.9m $2.2bn | Added +550.5k |
| GOLDMAN SACHS GROUP INC 0.36% of their portfolio | 15.8m $2.2bn | Reduced -806.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.61% of their portfolio | 13.7m $1.9bn | Reduced -2.6m |
| NORTHERN TRUST CORP 0.27% of their portfolio | 13.7m $1.9bn | Reduced -103.7k |
| AMERIPRISE FINANCIAL INC 0.47% of their portfolio | 13.4m $1.9bn | Added +374.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.20% of their portfolio | 12.2m $1.7bn | Added +903.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.32% of their portfolio | 11.2m $1.6bn | Added +1.5m |
| UBS Group AG 0.33% of their portfolio | 11.1m $1.6bn | Reduced -1.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.27% of their portfolio | 11.0m $1.5bn | Added +28.4k |
| FRANKLIN RESOURCES INC 0.36% of their portfolio | 9.6m $1.4bn | Added +1.5m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.11% of their portfolio | 9.4m $1.3bn | Added +1.8m |
| Invesco Ltd. 0.21% of their portfolio | 8.8m $1.2bn | Reduced -125.2k |
| Bank of New York Mellon Corp 0.23% of their portfolio | 8.7m $1.2bn | Added +1.1m |
| Legal & General Group Plc 0.28% of their portfolio | 8.1m $1.1bn | Reduced -75.2k |
| DIMENSIONAL FUND ADVISORS LP 0.26% of their portfolio | 8.0m $1.1bn | Reduced -13.5k |
| BANK OF MONTREAL /CAN/ 0.45% of their portfolio | 6.4m $901.9m | Added +816.0k |
| MORGAN STANLEY 0.06% of their portfolio | 6.0m $847.4m | Reduced -134.9k |
| Amundi 0.28% of their portfolio | 5.8m $815.2m | Added +643.6k |
| Capital World Investors 0.12% of their portfolio | 5.6m $794.9m | Added +23.7k |
| Nuveen, LLC 0.21% of their portfolio | 5.5m $773.7m | Reduced -1.1m |
| JANUS HENDERSON GROUP PLC 0.38% of their portfolio | 5.5m $770.3m | Added +429.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.59% of their portfolio | 4.7m $657.4m | Reduced -2.3m |
| DEUTSCHE BANK AG\ 0.24% of their portfolio | 4.6m $645.7m | Added +174.9k |
| Alphinity Investment Management Pty Ltd 5.03% of their portfolio | 4.2m $587.6m | Reduced -1.2m |
| WELLS FARGO & COMPANY/MN 0.13% of their portfolio | 4.1m $578.5m | Reduced -23.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.30% of their portfolio | 4.0m $566.4m | Reduced -48.2k |
| Boston Partners 0.60% of their portfolio | 3.9m $544.7m | Added +11.9k |
| CITADEL ADVISORS LLC 0.47% of their portfolio | 3.9m $542.8m | Added +2.1m |
| VOYA INVESTMENT MANAGEMENT LLC 0.49% of their portfolio | 3.5m $488.8m | Reduced -4.1m |
| HSBC HOLDINGS PLC 0.30% of their portfolio | 3.4m $474.2m | Reduced -307.2k |
| AXIOM INVESTORS LLC /DE 3.77% of their portfolio | 3.3m $459.1m | Reduced -3.0m |
| BARCLAYS PLC 0.17% of their portfolio | 3.1m $432.8m | Reduced -2.9m |
| ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio | 3.0m $429.4m | Added +101.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.25% of their portfolio | 2.8m $400.0m | Reduced -151.4k |
| CITIGROUP INC 0.26% of their portfolio | 2.7m $374.8m | Reduced -25.6k |
| National Pension Service 0.32% of their portfolio | 2.6m $365.2m | Added +192.7k |
| ALLIANCEBERNSTEIN L.P. 0.12% of their portfolio | 2.6m $364.5m | Reduced -37.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.26% of their portfolio | 2.3m $326.4m | Added +164.0k |
| LORD, ABBETT & CO. LLC 1.04% of their portfolio | 2.3m $323.3m | Added +438.9k |
| NEUBERGER BERMAN GROUP LLC 0.25% of their portfolio | 2.3m $323.0m | Added +287.7k |
| RHUMBLINE ADVISERS 0.27% of their portfolio | 2.3m $319.0m | Reduced -48.0k |
| PNC Financial Services Group, Inc. 0.20% of their portfolio | 2.3m $317.5m | Added +2.1k |
| RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio | 2.2m $316.7m | Reduced -200.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.27% of their portfolio | 2.2m $313.3m | Reduced -31.5k |
| FIL Ltd 0.26% of their portfolio | 2.2m $303.3m | Added +522.7k |
| MARSHALL WACE, LLP 0.35% of their portfolio | 2.1m $294.7m | Added +1.8m |
| California Public Employees Retirement System 0.18% of their portfolio | 2.0m $288.5m | Reduced -660.6k |
| LPL Financial LLC 0.09% of their portfolio | 2.0m $284.2m | Added +87.5k |
| Ensign Peak Advisors, Inc 0.48% of their portfolio | 2.0m $281.1m | Reduced -440.9k |
| FEDERATED HERMES, INC. 0.52% of their portfolio | 2.0m $277.6m | Reduced -234.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.29% of their portfolio | 1.9m $261.3m | Reduced -6.6k |
| Fayez Sarofim & Co 0.62% of their portfolio | 1.8m $259.8m | Reduced -186.4k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 1.00% of their portfolio | 1.8m $258.4m | Reduced -44.3k |
| KBC Group NV 0.68% of their portfolio | 1.8m $253.5m | Added +1.3m |
| BNP PARIBAS FINANCIAL MARKETS 0.20% of their portfolio | 1.8m $253.2m | Reduced -527.3k |
| Squarepoint Ops LLC 0.52% of their portfolio | 1.7m $236.5m | Added +1.5m |
| Allianz Asset Management GmbH 0.31% of their portfolio | 1.6m $231.7m | Reduced -501.4k |
| Cullen Capital Management, LLC 2.62% of their portfolio | 1.6m $230.4m | Reduced -26.6k |
| STIFEL FINANCIAL CORP 0.22% of their portfolio | 1.6m $226.0m | Reduced -14.6k |
| Hamlin Capital Management, LLC 4.98% of their portfolio | 1.5m $215.2m | Added +12.8k |
| FIFTH THIRD BANCORP 0.74% of their portfolio | 1.5m $213.1m | Reduced -1.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.28% of their portfolio | 1.5m $213.1m | Reduced -11.5k |
| HighTower Advisors, LLC 0.25% of their portfolio | 1.5m $202.9m | Added +70.6k |
| BESSEMER GROUP INC 0.32% of their portfolio | 1.4m $198.5m | Reduced -60.5k |
| T. Rowe Price Investment Management, Inc. 0.12% of their portfolio | 1.4m $191.1m | Added +1.3m |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 1.4m $190.2m | Reduced -42.0k |
| Evercore Wealth Management, LLC 2.76% of their portfolio | 1.3m $177.8m | Added +19.9k |
| Corient Private Wealth LP 0.24% of their portfolio | 1.3m $176.8m | Reduced -2.7k |
| Focused Investors LLC 5.76% of their portfolio | 1.2m $176.1m | Reduced -27.1k |
| CANADA LIFE ASSURANCE Co 0.28% of their portfolio | 1.2m $174.3m | Added +2.6k |
| Balyasny Asset Management L.P. 0.39% of their portfolio | 1.2m $173.4m | Added +1.2m |
| Rokos Capital Management LLP 2.90% of their portfolio | 1.2m $173.3m | Added +40.2k |
| NATIONAL BANK OF CANADA /FI/ 0.18% of their portfolio | 1.2m $171.2m | Added +43.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.30% of their portfolio | 1.2m $167.2m | Reduced -17.3k |
| Qube Research & Technologies Ltd 0.23% of their portfolio | 1.2m $166.3m | Reduced -509.1k |
| COMMERCE BANK 0.98% of their portfolio | 1.2m $165.5m | Reduced -12.8k |
| Aberdeen Group plc 0.27% of their portfolio | 1.1m $160.9m | Added +88.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.28% of their portfolio | 1.1m $160.0m | Added +15.2k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 1.1m $154.3m | Reduced -832.0k |
| APG Asset Management N.V. 0.39% of their portfolio | 1.1m $131.4m | Added +346.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.26% of their portfolio | 1.1m $152.9m | Added +7.0k |
| PRUDENTIAL FINANCIAL INC 0.20% of their portfolio | 1.1m $152.3m | Reduced -531.5k |
| NATIXIS ADVISORS, LLC 0.24% of their portfolio | 1.1m $151.9m | Added +18.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.31% of their portfolio | 1.1m $150.1m | Reduced -79.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 996.2k $140.5m | Added +216.4k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.23% of their portfolio | 982.2k $141.6m | Added +12.3k |
| Korea Investment CORP 0.30% of their portfolio | 945.7k $133.2m | Reduced -101.4k |