13F filer · CIK 895421 ↗
Morgan Stanley
You are looking at Q3 2025. See the latest, Q2 2026 →
Reported value
$1.65T
+7.6% on the quarter before
Positions
8,157
483 new · 414 sold out
Top 10
21.9%
of the value
Est. gain
+$100.15B
on stocks held all quarter
Est. return
+6.8%
on those stocks since Q2 2025
Positions as of Sep 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, 32% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2025. Striped tiles are options.
Largest buys
Since Q2 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.
- Invesco Qqq Tr~$2.52BAdded · 0.7% → 0.9%+4,198,148 shares
- SPDR S&P 500 ETF Tr~$2.47BAdded · 1.5% → 1.6%+3,703,801 shares
- Invesco Exch Traded Fd Tr Ii~$1.58BAdded · 0.0% → 0.1%+23,589,395 shares
- Vanguard Index Fds~$1.30BAdded · 0.9% → 0.9%+2,130,431 shares
- Synopsys~$1.28BAdded · 0.1% → 0.1%+2,600,089 shares
- Msci Inc~$747.5MAdded · 0.0% → 0.1%+1,317,388 shares
- Microsoft~$591.7MAdded · 3.9% → 3.8%+1,142,300 shares
- Union Pac Corp~$523.3MAdded · 0.1% → 0.2%+2,213,726 shares
- Amazon~$519.5MAdded · 2.3% → 2.2%+2,366,189 shares
- Bitmine Immersion Tecnologie~$502.1MAdded · 0.0% → 0.0%+9,669,218 shares
Largest sells
Since Q2 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.
- Tesla~$3.15BCut · 0.9% → 1.0%−7,090,349 shares
- Alphabet~$3.05BCut · 1.5% → 1.8%−12,544,279 shares
- Aon Plc~$1.19BCut · 0.2% → 0.1%−3,331,026 shares
- Oracle~$1.15BCut · 0.4% → 0.5%−4,102,398 shares
- Apple~$1.04BCut · 3.1% → 3.5%−4,095,262 shares
- CrowdStrike~$793.0MCut · 0.3% → 0.2%−1,617,058 shares
- Alphabet~$699.5MCut · 0.9% → 1.0%−2,872,255 shares
- Ishares Tr~$686.5MCut · 0.1% → 0.1%−6,158,379 shares
- Invesco Exchange Traded Fd T~$681.5MCut · 0.4% → 0.3%−3,592,564 shares
- Visa Inc.~$677.1MCut · 1.2% → 1.0%−1,983,350 shares
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicrosoftCOM · shares +1.0% · price +4.1% | 3.8% | $62.28B | +$2.45B | ||||||||
| NvidiaCOM · shares −0.8% · price +18.1% | 3.6% | $60.26B | +$9.23B | ||||||||
| AppleCOM · shares −1.8% · price +24.1% | 3.5% | $58.34B | +$11.33B | ||||||||
| AmazonCOM · shares +1.5% · price +0.1% | 2.2% | $35.76B | +$28.9M | ||||||||
| AlphabetCAP STK CL A · shares −9.3% · price +37.9% | 1.8% | $29.64B | +$8.15B | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +10% · price +7.8% | 1.6% | $27.08B | +$1.79B | ||||||||
| MetaCL A · shares −1.3% · price −0.5% | 1.6% | $26.97B | −$136.3M | ||||||||
| BroadcomCOM · shares −1.0% · price +19.7% | 1.5% | $24.09B | +$3.96B | ||||||||
| Jpmorgan Chase & Co.COM · shares −2.3% · price +8.8% | 1.2% | $20.64B | +$1.67B | ||||||||
| AlphabetCAP STK CL C · shares −3.9% · price +37.3% | 1.0% | $17.22B | +$4.68B | ||||||||
| Visa Inc.COM CL A · shares −4.0% · price −3.9% | 0.99% | $16.41B | −$657.1M | ||||||||
| Ishares TrCORE S&P500 ETF · shares −1.8% · price +7.8% | 0.99% | $16.27B | +$1.18B | ||||||||
| TeslaCOM · shares −16% · price +40.0% | 0.97% | $16.08B | +$4.59B | ||||||||
| Vanguard Index FdsS&P 500 ETF SHS · shares +9.1% · price +7.8% | 0.94% | $15.59B | +$1.03B | ||||||||
| Invesco Qqq TrUNIT SER 1 · shares +21% · price +8.8% | 0.89% | $14.74B | +$992.1M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares −2.3% · price +3.5% | 0.81% | $13.36B | +$450.9M | ||||||||
| Ishares TrRUS 1000 GRW ETF · shares −1.2% · price +10.3% | 0.77% | $12.67B | +$1.19B | ||||||||
| Eli LillyCOM · shares +2.1% · price −2.1% | 0.70% | $11.59B | −$245.8M | ||||||||
| NetflixCOM · shares +1.8% · price −10.5% | 0.62% | $10.20B | −$1.17B | ||||||||
| Abbvie IncCOM · shares −0.1% · price +24.7% | 0.58% | $9.64B | +$1.91B | ||||||||
| Home Depot IncCOM · shares −0.4% · price +10.5% | 0.55% | $9.11B | +$867.0M | ||||||||
| MastercardCL A · shares −1.7% · price +1.2% | 0.55% | $9.06B | +$109.4M | ||||||||
| Johnson & JohnsonCOM · shares +2.7% · price +21.4% | 0.54% | $8.94B | +$1.53B | ||||||||
| Walmart IncCOM · shares −0.3% · price +5.4% | 0.53% | $8.79B | +$450.1M | ||||||||
| Ishares TrCORE MSCI EAFE · shares +1.4% · price +4.6% | 0.53% | $8.73B | +$377.7M | ||||||||
| Total · 8,157 positions | 100% | $1.65T | +$100.15B |
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 Q2 2025 to Q3 2025: 7,501 stocks held throughout, up $100.15B (+6.8%).
- Apple+$11.33B+24%
- Nvidia+$9.23B+18%
- Alphabet+$8.15B+38%
- Alphabet+$4.68B+37%
- Tesla+$4.59B+40%
- Accenture Plc Ireland−$629.2M−17%
- Visa Inc.−$657.1M−4%
- Salesforce−$684.9M−13%
- Strategy Inc−$690.4M−20%
- Netflix−$1.17B−10%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 46 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 ↗ |