Morgan Stanley’s FT Confluence BDC & Specialty Finance Income ETF FBDC Stock Holding History

Morgan Stanley’s Portfolio FBDC Stock Details FBDC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$563K	Sell	33,156 -39,017	-54%	-$706K	﹤0.01%	5431
2025 Q4	$1.4M	Sell	72,173 -13,630	-16%	-$263K	﹤0.01%	5014
2025 Q3	$1.7M	Sell	85,803 -52,751	-38%	-$1.12M	﹤0.01%	4879
2025 Q2	$2.9M	Buy	+138,554	New	+$2.9M	﹤0.01%	4467

Other funds holding FBDC

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $71.6B AUM 21.08% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

SFC

SYM Financial Corp Winona Lake, Indiana $1B AUM 22.21% 1-Year Est. Return

UPS

UHLMANN PRICE SECURITIES Skokie, Illinois $2.68B AUM 149.5% 1-Year Est. Return

Carson Wealth (CWM LLC) Omaha, Nebraska $38.1B AUM 19.66% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

Morgan Stanley's FBDC Position: Q1 2026 in Review

Morgan Stanley reduced its FT Confluence BDC & Specialty Finance Income ETF (FBDC) stake by 54% in Q1 2026, selling an estimated $706K and leaving 33,156 shares worth $563K. The position accounts for ﹤0.01% of the portfolio, ranked #5431.

Morgan Stanley first reported a position in FBDC in Q2 2025 and has held it in 4 quarters since. The position peaked at $2.9M in Q2 2025. 14 funds tracked by Wall St. Rank hold FBDC as of Q1 2026.

Morgan Stanley held 33,156 shares of FT Confluence BDC & Specialty Finance Income ETF worth $563K as of Q1 2026.
Morgan Stanley sold 39,017 FT Confluence BDC & Specialty Finance Income ETF shares in Q1 2026, an estimated $706K.
FT Confluence BDC & Specialty Finance Income ETF made up ﹤0.01% of Morgan Stanley's portfolio in Q1 2026, its #5431 holding.
Morgan Stanley first reported a position in FT Confluence BDC & Specialty Finance Income ETF in Q2 2025 and has held it in 4 quarters since.
Morgan Stanley's FT Confluence BDC & Specialty Finance Income ETF position peaked at $2.9M in Q2 2025.
14 funds tracked by Wall St. Rank held FT Confluence BDC & Specialty Finance Income ETF as of Q1 2026.

Based on Morgan Stanley's 13F filing for Q1 2026, filed 15 May 2026.