Ken Stern & Associates’s MORGAN STANLEY Depositary Shares, each representing 1/1,000th of a share of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I MS.PRI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-12,298	Closed	-$316K	–	118
2016 Q4	$316K	Buy	+12,298	New	+$316K	0.16%	82