13F filer · CIK 895421 ↗
Morgan Stanley
You are looking at Q2 2025. See the latest, Q2 2026 →
Reported value
$1.54T
+9.8% on the quarter before
Positions
8,088
431 new · 429 sold out
Top 10
21.2%
of the value
Est. gain
+$129.06B
on stocks held all quarter
Est. return
+9.6%
on those stocks since Q1 2025
Positions as of Jun 30, 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 Q1 2025. Striped tiles are options.
Largest buys
Since Q1 2025, 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.
- Vanguard Bd Index Fds~$1.78BAdded · 0.1% → 0.2%+22,673,541 shares
- SPDR S&P 500 ETF Tr~$1.64BAdded · 1.4% → 1.5%+2,661,049 shares
- Alphabet~$1.27BAdded · 1.4% → 1.5%+7,202,481 shares
- Ishares Tr~$1.05BAdded · 0.6% → 0.8%+2,475,980 shares
- Capital One Finl Corp~$894.8MAdded · 0.0% → 0.1%+4,205,878 shares
- Zoetis Inc~$773.7MAdded · 0.2% → 0.2%+4,961,396 shares
- Ishares Tr~$733.8MAdded · 0.1% → 0.1%+6,694,538 shares
- Qxo Inc~$674.8MAdded · 0.0% → 0.1%+31,326,954 shares
- IonQ~$648.2MAdded · 0.0% → 0.1%+15,086,026 shares
- Microstrategy Inc~$610.9MAdded · 0.2% → 0.2%+1,511,317 shares
Largest sells
Since Q1 2025, 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.
- Nvidia~$2.92BCut · 2.7% → 3.4%−18,473,271 shares
- Microsoft~$2.36BCut · 3.3% → 3.9%−4,748,733 shares
- Unitedhealth Group Inc~$1.95BCut · 0.8% → 0.3%−6,262,215 shares
- Apple~$1.65BCut · 3.8% → 3.1%−8,023,154 shares
- Vanguard Bd Index Fds~$1.53BCut · 0.7% → 0.5%−20,779,986 shares
- Amazon~$1.32BCut · 2.3% → 2.3%−6,017,987 shares
- TSMC~$1.20BCut · 0.2% → 0.2%−5,289,655 shares
- Ishares Tr~$1.00BCut · 1.1% → 1.0%−1,618,116 shares
- Invesco Qqq Tr~$910.1MCut · 0.7% → 0.7%−1,649,758 shares
- Becton Dickinson & Co~$792.1MCut · 0.1% → 0.0%−4,598,284 shares
Holdings
As of Jun 30, 2025. Changes are in shares against Mar 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicrosoftCOM · shares −3.8% · price +32.5% | 3.9% | $59.24B | +$14.53B | ||||||||
| NvidiaCOM · shares −5.4% · price +45.8% | 3.4% | $51.46B | +$16.16B | ||||||||
| AppleCOM · shares −3.3% · price −7.6% | 3.1% | $47.85B | −$3.96B | ||||||||
| AmazonCOM · shares −3.6% · price +15.3% | 2.3% | $35.21B | +$4.68B | ||||||||
| MetaCL A · shares −1.8% · price +28.1% | 1.8% | $27.47B | +$6.02B | ||||||||
| AlphabetCAP STK CL A · shares +5.7% · price +14.0% | 1.5% | $23.70B | +$2.75B | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +7.8% · price +10.5% | 1.5% | $22.83B | +$2.00B | ||||||||
| BroadcomCOM · shares −3.5% · price +64.6% | 1.3% | $20.32B | +$7.98B | ||||||||
| Jpmorgan Chase & Co.COM · shares −3.4% · price +18.2% | 1.3% | $19.42B | +$2.99B | ||||||||
| Visa Inc.COM CL A · shares −0.9% · price +1.3% | 1.2% | $17.77B | +$229.8M | ||||||||
| Ishares TrCORE S&P500 ETF · shares −6.1% · price +10.5% | 1.0% | $15.37B | +$1.46B | ||||||||
| TeslaCOM · shares −4.7% · price +22.6% | 0.89% | $13.73B | +$2.53B | ||||||||
| Vanguard Index FdsS&P 500 ETF SHS · shares −2.6% · price +10.5% | 0.86% | $13.25B | +$1.26B | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares −2.2% · price −8.8% | 0.86% | $13.21B | −$1.27B | ||||||||
| AlphabetCAP STK CL C · shares −2.8% · price +13.5% | 0.85% | $13.05B | +$1.56B | ||||||||
| Ishares TrRUS 1000 GRW ETF · shares +9.9% · price +17.6% | 0.76% | $11.62B | +$1.58B | ||||||||
| Eli LillyCOM · shares −0.04% · price −5.6% | 0.76% | $11.59B | −$689.6M | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares −7.5% · price +17.6% | 0.73% | $11.23B | +$1.68B | ||||||||
| NetflixCOM · shares −2.4% · price +43.6% | 0.73% | $11.20B | +$3.40B | ||||||||
| Costco Whsl Corp NewCOM · shares +0.6% · price +4.7% | 0.62% | $9.48B | +$420.2M | ||||||||
| MastercardCL A · shares +0.5% · price +2.5% | 0.59% | $9.10B | +$222.8M | ||||||||
| Walmart IncCOM · shares +2.8% · price +11.4% | 0.54% | $8.36B | +$831.4M | ||||||||
| Procter And Gamble CoCOM · shares +1.5% · price −6.5% | 0.54% | $8.29B | −$568.6M | ||||||||
| Home Depot IncCOM · shares +3.0% · price +0.0% | 0.54% | $8.28B | +$3.3M | ||||||||
| Ishares TrCORE MSCI EAFE · shares +2.1% · price +10.4% | 0.54% | $8.23B | +$756.1M | ||||||||
| Total · 8,088 positions | 100% | $1.54T | +$129.06B |
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 Q1 2025 to Q2 2025: 7,493 stocks held throughout, up $129.06B (+9.6%).
- Nvidia+$16.16B+46%
- Microsoft+$14.53B+33%
- Broadcom+$7.98B+65%
- Meta+$6.02B+28%
- Amazon+$4.68B+15%
- Abbvie Inc−$983.5M−11%
- Thermo Fisher Scientific Inc−$1.07B−19%
- Berkshire Hathaway Inc Del−$1.27B−9%
- Unitedhealth Group Inc−$3.20B−40%
- Apple−$3.96B−8%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 34 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 ↗ |