Wellcome Trust’s Morgan Stanley MS Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-8,000,000	Closed	-$272M	–	24
2020 Q1	$272M	Sell	8,000,000 -670,000	-8%	-$22.8M	4.86%	9
2019 Q4	$443M	Hold	8,670,000	–	–	5.94%	6
2019 Q3	$370M	Hold	8,670,000	–	–	5.86%	7
2019 Q2	$380M	Hold	8,670,000	–	–	5.9%	7
2019 Q1	$366M	Buy	8,670,000 +220,000	+3%	+$9.28M	5.92%	7
2018 Q4	$335M	Hold	8,450,000	–	–	6.34%	7
2018 Q3	$394M	Hold	8,450,000	–	–	6.22%	7
2018 Q2	$401M	Hold	8,450,000	–	–	6.42%	6
2018 Q1	$456M	Hold	8,450,000	–	–	6.86%	7
2017 Q4	$443M	Hold	8,450,000	–	–	6.7%	7
2017 Q3	$407M	Hold	8,450,000	–	–	6.5%	7
2017 Q2	$377M	Hold	8,450,000	–	–	6.41%	7
2017 Q1	$362M	Hold	8,450,000	–	–	6.52%	6
2016 Q4	$357M	Hold	8,450,000	–	–	7.14%	5
2016 Q3	$271M	Hold	8,450,000	–	–	5.66%	8
2016 Q2	$220M	Buy	8,450,000 +95,000	+1%	+$2.47M	4.99%	10
2016 Q1	$209M	Buy	8,355,000 +755,000	+10%	+$18.9M	4.63%	11
2015 Q4	$242M	Buy	7,600,000 +200,000	+3%	+$6.36M	4.82%	9
2015 Q3	$233M	Buy	7,400,000 +400,000	+6%	+$12.6M	5.16%	6
2015 Q2	$272M	Buy	7,000,000 +200,000	+3%	+$7.76M	5.49%	6
2015 Q1	$243M	Hold	6,800,000	–	–	5.21%	6
2014 Q4	$264M	Hold	6,800,000	–	–	5.44%	6
2014 Q3	$235M	Buy	6,800,000 +300,000	+5%	+$10.4M	4.87%	8
2014 Q2	$210M	Hold	6,500,000	–	–	5.06%	8
2014 Q1	$203M	Buy	6,500,000 +400,000	+7%	+$12.5M	4.99%	8
2013 Q4	$191M	Hold	6,100,000	–	–	5.07%	9
2013 Q3	$164M	Buy	6,100,000 +700,000	+13%	+$18.9M	5.41%	9
2013 Q2	$132M	Buy	+5,400,000	New	+$132M	4.67%	12