Morgan Stanley Portfolio holdings
Morgan Stanley, founded in 1935 by Henry Sturgis Morgan and Harold Stanley as a spin-off from J.P. Morgan & Co., is a leading global financial services firm headquartered in New York City. Initially focused on investment banking, it has evolved into a diversified powerhouse offering wealth management, institutional securities, and asset management services, catering to corporations, governments, institutions, and high-net-worth individuals. With a strong presence in mergers and acquisitions, underwriting, and trading, Morgan Stanley manages billions in assets and is known for its sophisticated financial advisory services. The firm has adapted to modern markets by expanding its digital offerings and wealth management division, notably through its 2020 acquisition of E*TRADE, solidifying its position as a Wall Street titan.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$1.69B |
| 2 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$1.32B |
| 3 |
Vanguard Total Bond Market
BND
|
+$1.21B |
| 4 |
SPDR Gold Trust
GLD
|
+$970M |
| 5 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$842M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.66B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$5.23B |
| 3 |
Accenture
ACN
|
+$1.14B |
| 4 |
Advanced Micro Devices
AMD
|
+$1.13B |
| 5 |
Vanguard Short-Term Bond ETF
BSV
|
+$635M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.44% |
| 2 | Financials | 11.14% |
| 3 | Consumer Discretionary | 8.06% |
| 4 | Healthcare | 8.02% |
| 5 | Communication Services | 7.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $262M | 0.02% |
5,764,397
+269,865
| +5% | +$12.1M |
|
802
Canadian National Railway
CNI
$75.9B
| $262M | 0.02% |
2,649,092
+241,222
| +10% | +$23.2M |
|
|
Q
803
Qnity Electronics Inc
Q
$28.4B
| $262M | 0.02% |
+3,205,495
| New | +$272M |
|
804
PG&E
PCG
$37.9B
| $262M | 0.02% |
16,285,735
-349,115
| -2% | -$5.58M |
|
805
Morgan Stanley Direct Lending Fund
MSDL
$1.27B
| $262M | 0.02% |
15,876,336
-26,807
| -0.2% | -$453K |
|
806
Moderna
MRNA
$23.8B
| $262M | 0.02% |
8,870,716
-1,091,516
| -11% | -$29.7M |
|
807
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.52B
| $261M | 0.02% |
6,477,356
-194,731
| -3% | -$8.01M |
|
808
Globe Life
GL
$14.3B
| $260M | 0.02% |
1,860,257
+125,567
| +7% | +$17M |
|
809
CF Industries
CF
$18B
| $260M | 0.02% |
3,360,135
-301,431
| -8% | -$24.8M |
|
810
Royal Gold
RGLD
$19.8B
| $260M | 0.02% |
1,167,521
+68,257
| +6% | +$13.5M |
|
811
Invesco Senior Loan ETF
BKLN
$6.74B
| $259M | 0.02% |
12,343,783
+2,670,004
| +28% | +$55.9M |
|
812
JPMorgan BetaBuilders International Equity ETF
BBIN
$6.57B
| $259M | 0.02% |
3,574,797
+1,357,830
| +61% | +$97.1M |
|
813
Sprott Physical Gold and Silver Trust
CEF
$8.14B
| $258M | 0.02% |
5,627,038
+499,996
| +10% | +$20.2M |
|
814
Pentair
PNR
$10.8B
| $258M | 0.02% |
2,474,549
+441,878
| +22% | +$47.2M |
|
815
Southwest Airlines
LUV
$22.2B
| $257M | 0.02% |
6,228,475
+244,891
| +4% | +$8.55M |
|
816
McCormick & Company Non-Voting
MKC
$14.3B
| $257M | 0.02% |
3,779,455
-199,568
| -5% | -$13.3M |
|
817
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $257M | 0.02% |
2,033,968
-157,678
| -7% | -$20.4M |
|
818
Service Corp International
SCI
$11.3B
| $256M | 0.02% |
3,280,253
-184,689
| -5% | -$14.8M |
|
819
Invesco S&P MidCap Momentum ETF
XMMO
$7.54B
| $256M | 0.02% |
1,845,451
-13,817
| -0.7% | -$1.89M |
|
820
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $255M | 0.02% |
2,465,518
-67,280
| -3% | -$6.65M |
|
821
APA Corp
APA
$14.2B
| $255M | 0.02% |
10,425,586
+1,864,900
| +22% | +$45.1M |
|
822
Prosperity Bancshares
PB
$8.84B
| $254M | 0.02% |
3,679,871
+15,192
| +0.4% | +$1.02M |
|
823
KraneShares CSI China Internet ETF
KWEB
$5.75B
| $254M | 0.02% |
7,454,933
-1,438,730
| -16% | -$55.3M |
|
824
RELX
RELX
$62.3B
| $254M | 0.02% |
6,279,696
+408,833
| +7% | +$17.5M |
|
825
Avis
CAR
$5.04B
| $254M | 0.02% |
1,975,675
+545,574
| +38% | +$76.1M |
|
Similar funds
Morgan Stanley's Q4 2025 Portfolio in Review
As of Q4 2025, Morgan Stanley held 8,587 positions worth $1.67T, up 1.4% from $1.65T the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Morgan Stanley's Q4 2025 filing shows 427 new, 3,946 increased, 2,962 reduced and 384 closed positions. Its largest new stake was Medline Inc: 15,162,060 shares worth $637M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.66B.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Financials and Consumer Discretionary.
- Morgan Stanley's largest Q4 2025 buy was Medline Inc: 15,162,060 shares worth $637M.
- Morgan Stanley added most to Vanguard FTSE Developed Markets ETF in Q4 2025, an estimated $1.69B increase.
- Morgan Stanley's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $7.66B.
- Morgan Stanley fully exited Mr. Cooper in Q4 2025, selling an estimated $312M.
- Morgan Stanley's ten largest holdings make up 22% of its $1.67T portfolio in Q4 2025.
- Morgan Stanley opened 427 new positions and closed 384 in Q4 2025.
- Morgan Stanley's portfolio value rose 1.4% quarter-over-quarter to $1.67T.
Based on Morgan Stanley's 13F filing for Q4 2025, filed 13 Feb 2026.