MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

Note: Option positions (PUT/CALL) are excluded.

Q1 2024

Shares 176,724 Value ($000) $16,640 Avg Close $83.21 Range $78.09 - $89.78

Q3 2016

Shares 516,507 Value ($000) $16,559 Avg Close $22.85 Range $18.72 - $24.89

Q2 2014

Shares 501,278 Value ($000) $16,206 Avg Close $22.71 Range $20.81 - $24.20

Q1 2014

Shares 725,769 Value ($000) $22,622 Avg Close $22.70 Range $21.15 - $24.60

Q4 2013

Shares 460,984 Value ($000) $14,456 Avg Close $21.80 Range $19.35 - $23.37

Q3 2013

Shares 423,886 Value ($000) $11,424 Avg Close $19.65 Range $17.42 - $21.61

Q2 2013

Shares 456,807 Value ($000) $11,160 Avg Close $17.33 Range $14.71 - $19.87

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2024	176,724	$16,640	$83.21	$78.09 - $89.78
Q3 2016	516,507	$16,559	$22.85	$18.72 - $24.89
Q2 2014	501,278	$16,206	$22.71	$20.81 - $24.20
Q1 2014	725,769	$22,622	$22.70	$21.15 - $24.60
Q4 2013	460,984	$14,456	$21.80	$19.35 - $23.37
Q3 2013	423,886	$11,424	$19.65	$17.42 - $21.61
Q2 2013	456,807	$11,160	$17.33	$14.71 - $19.87