13F filer · CIK 895421 ↗
Morgan Stanley
You are looking at Q1 2025. See the latest, Q2 2026 →
Reported value
$1.40T
−2.0% on the quarter before
Positions
8,086
504 new · 383 sold out
Top 10
20.0%
of the value
Est. gain
−$47.75B
on stocks held all quarter
Est. return
−3.5%
on those stocks since Q4 2024
Positions as of Mar 31, 2025, from Morgan Stanley's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 31% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2024. Striped tiles are options.
Largest buys
Since Q4 2024, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Invesco Qqq Tr~$1.51BAdded · 0.7% → 0.7%+3,213,838 shares
- Meta~$1.02BAdded · 1.5% → 1.6%+1,767,562 shares
- Oracle~$894.8MAdded · 0.3% → 0.3%+6,399,822 shares
- Ishares Tr~$853.9MAdded · 0.1% → 0.1%+10,824,185 shares
- S&P Global Inc~$827.2MAdded · 0.2% → 0.3%+1,628,069 shares
- Ishares Tr~$737.2MAdded · 0.3% → 0.3%+3,695,496 shares
- Microstrategy Inc~$699.3MAdded · 0.1% → 0.2%+2,425,799 shares
- Apple~$657.0MAdded · 4.2% → 3.8%+2,957,659 shares
- Mcdonalds Corp~$646.9MAdded · 0.3% → 0.4%+2,071,046 shares
- Vanguard Bd Index Fds~$636.2MAdded · 0.6% → 0.7%+8,661,105 shares
Largest sells
Since Q4 2024, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Intel~$1.22BCut · 0.1% → 0.1%−53,661,741 shares
- Constellation Brands Inc~$870.2MCut · 0.1% → 0.0%−4,741,716 shares
- Ishares Tr~$851.8MCut · 1.2% → 1.1%−1,516,002 shares
- Carvana Co~$804.7MCut · 0.1% → 0.0%−3,848,686 shares
- Bank America Corp~$750.3MCut · 0.4% → 0.3%−17,979,308 shares
- Blackrock Inc~$741.2MCut · 0.3% → 0.3%−783,148 shares
- Asml Holding N V~$636.9MCut · 0.1% → 0.1%−961,136 shares
- Microsoft~$621.2MCut · 3.7% → 3.3%−1,654,700 shares
- The Trade Desk~$607.2MCut · 0.1% → 0.0%−11,096,994 shares
- Nvidia~$593.4MCut · 3.3% → 2.7%−5,475,606 shares
Holdings
As of Mar 31, 2025. Changes are in shares against Dec 31, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +1.2% · price −11.3% | 3.8% | $53.58B | −$6.74B | ||||||||
| MicrosoftCOM · shares −1.3% · price −10.9% | 3.3% | $46.49B | −$5.71B | ||||||||
| NvidiaCOM · shares −1.6% · price −19.3% | 2.7% | $37.30B | −$8.92B | ||||||||
| AmazonCOM · shares −0.4% · price −13.3% | 2.3% | $31.68B | −$4.85B | ||||||||
| MetaCL A · shares +4.9% · price −1.6% | 1.6% | $21.84B | −$330.5M | ||||||||
| AlphabetCAP STK CL A · shares +2.0% · price −18.3% | 1.4% | $19.68B | −$4.33B | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +2.8% · price −4.6% | 1.4% | $19.18B | −$889.9M | ||||||||
| Visa Inc.COM CL A · shares −0.2% · price +10.9% | 1.3% | $17.70B | +$1.74B | ||||||||
| Jpmorgan Chase & Co.COM · shares +0.7% · price +2.3% | 1.2% | $17.01B | +$384.8M | ||||||||
| Ishares TrCORE S&P500 ETF · shares −5.4% · price −4.5% | 1.1% | $14.82B | −$706.4M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares −0.9% · price +17.5% | 1.1% | $14.80B | +$2.20B | ||||||||
| BroadcomCOM · shares +1.4% · price −27.8% | 0.91% | $12.80B | −$4.86B | ||||||||
| Vanguard Index FdsS&P 500 ETF SHS · shares +5.0% · price −4.6% | 0.88% | $12.30B | −$567.9M | ||||||||
| Eli LillyCOM · shares +3.4% · price +7.0% | 0.88% | $12.28B | +$775.2M | ||||||||
| AlphabetCAP STK CL C · shares +0.8% · price −18.0% | 0.85% | $11.83B | −$2.57B | ||||||||
| TeslaCOM · shares +0.9% · price −35.8% | 0.84% | $11.76B | −$6.51B | ||||||||
| Unitedhealth Group IncCOM · shares −0.1% · price +3.5% | 0.80% | $11.19B | +$382.2M | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares +17% · price −8.3% | 0.74% | $10.32B | −$795.3M | ||||||||
| Vanguard Bd Index FdsTOTAL BND MRKT · shares +7.3% · price +2.1% | 0.67% | $9.35B | +$182.7M | ||||||||
| Costco Whsl Corp NewCOM · shares −0.6% · price +3.2% | 0.64% | $9.00B | +$280.8M | ||||||||
| Ishares TrRUS 1000 GRW ETF · shares +3.5% · price −10.1% | 0.64% | $8.99B | −$974.0M | ||||||||
| Exxon Mobil CorpCOM · shares +5.4% · price +10.6% | 0.63% | $8.84B | +$801.6M | ||||||||
| MastercardCL A · shares +0.02% · price +4.1% | 0.63% | $8.83B | +$347.3M | ||||||||
| Procter And Gamble CoCOM · shares −0.2% · price +1.7% | 0.62% | $8.73B | +$141.9M | ||||||||
| Abbvie IncCOM · shares +3.7% · price +17.9% | 0.62% | $8.62B | +$1.26B | ||||||||
| Total · 8,086 positions | 100% | $1.40T | −$47.75B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2024 to Q1 2025: 7,406 stocks held throughout, down $47.75B (−3.5%).
- Berkshire Hathaway Inc Del+$2.20B+17%
- Visa Inc.+$1.74B+11%
- Abbvie Inc+$1.26B+18%
- Uber+$1.02B+21%
- Johnson & Johnson+$931.8M+15%
- Broadcom−$4.86B−28%
- Microsoft−$5.71B−11%
- Tesla−$6.51B−36%
- Apple−$6.74B−11%
- Nvidia−$8.92B−19%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 66 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | $1.89T+14% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $1.66T−1% | SEC ↗ |
| Q4 2025 | May 27, 2026 (amended) | $1.67T+1% | SEC ↗ |
| Q3 2025 | May 27, 2026 (amended) | $1.65T+8% | SEC ↗ |
| Q2 2025 | Aug 15, 2025 | $1.54T+10% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $1.40T−2% | SEC ↗ |
| Q4 2024 | May 15, 2025 (amended) | $1.43T+3% | SEC ↗ |
| Q3 2024 | May 14, 2025 (amended) | $1.38T+7% | SEC ↗ |
| Q2 2024 | May 14, 2025 (amended) | $1.29T−65% | SEC ↗ |
| Q1 2024 | May 15, 2024 (amended) | $3.74T+65% | SEC ↗ |
| Q4 2023 | Feb 13, 2024 (amended) | $2.27T+131% | SEC ↗ |
| Q3 2023 | Nov 15, 2023 | $983.41B−3% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $1.01T+9% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $932.64B+6% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $880.47B+20% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $733.72B−5% | SEC ↗ |
| Q2 2022 | Oct 27, 2022 (amended) | $770.42B+4% | SEC ↗ |
| Q1 2022 | Oct 27, 2022 (amended) | $741.46B−8% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $809.87B+9% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $742.48B−2% | SEC ↗ |
| Q2 2021 | Aug 23, 2021 (amended) | $758.13B+11% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $680.76B+5% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $647.47B+25% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $517.01B+14% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $451.78B+23% | SEC ↗ |
| Q1 2020 | May 26, 2020 (amended) | $367.99B−14% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $430.00B+14% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $377.76B+1% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $375.74B+6% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $353.27B+6% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $334.17B−16% | SEC ↗ |
| Q3 2018 | Apr 23, 2019 (amended) | $399.53B+8% | SEC ↗ |
| Q2 2018 | Apr 23, 2019 (amended) | $370.13B+3% | SEC ↗ |
| Q1 2018 | Apr 23, 2019 (amended) | $360.30B−1% | SEC ↗ |
| Q4 2017 | Apr 23, 2019 (amended) | $365.35B+9% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $333.86B+1% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $331.01B−49% | SEC ↗ |
| Q1 2017 | May 12, 2017 (amended) | $651.13B+7% | SEC ↗ |
| Q4 2016 | Feb 13, 2017 (amended) | $611.12B+109% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $292.79B+6% | SEC ↗ |
| Q2 2016 | Aug 12, 2016 | $276.85B+7% | SEC ↗ |
| Q1 2016 | May 12, 2016 | $259.85B | SEC ↗ |