MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

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

Q4 2025

Shares 216,874 Value ($000) $38,502 Avg Close $166.47 Range $150.92 - $182.34

Q3 2025

Shares 82,466 Value ($000) $13,109 Avg Close $146.45 Range $133.51 - $162.99

Q2 2025

Shares 2,519 Value ($000) $355 Avg Close $120.96 Range $92.37 - $140.07

Q1 2025

Shares 704,153 Value ($000) $82,154 Avg Close $125.91 Range $106.95 - $139.08

Q4 2023

Shares 80,000 Value ($000) $7,460 Avg Close $74.81 Range $65.08 - $88.18

Q1 2022

Shares 70,000 Value ($000) $6,118 Avg Close $84.62 Range $72.05 - $96.45

Q4 2021

Shares 75,000 Value ($000) $7,362 Avg Close $86.77 Range $81.94 - $91.95

Q3 2021

Shares 100,000 Value ($000) $9,731 Avg Close $85.71 Range $74.82 - $91.84

Q2 2021

Shares 125,001 Value ($000) $11,461 Avg Close $73.70 Range $65.34 - $81.12

Q1 2021

Shares 150,001 Value ($000) $11,649 Avg Close $65.58 Range $57.28 - $74.24

Q4 2020

Shares 165,001 Value ($000) $11,308 Avg Close $48.82 Range $39.28 - $58.80

Q3 2020

Shares 150,001 Value ($000) $7,253 Avg Close $42.54 Range $38.81 - $46.02

Q2 2020

Shares 225,001 Value ($000) $10,867 Avg Close $35.21 Range $25.96 - $43.57

Q1 2020

Shares 174,099 Value ($000) $5,919 Avg Close $39.15 Range $22.66 - $47.65

Q2 2019

Shares 200,000 Value ($000) $8,762 Avg Close $36.28 Range $32.95 - $39.67

Q1 2019

Shares 259,578 Value ($000) $10,954 Avg Close $34.01 Range $31.17 - $36.36

Q3 2018

Shares 169,608 Value ($000) $7,899 Avg Close $38.94 Range $36.75 - $40.98

Q1 2018

Shares 232,873 Value ($000) $12,566 Avg Close $43.68 Range $39.53 - $46.93

Q4 2017

Shares 173,163 Value ($000) $9,086 Avg Close $39.73 Range $37.31 - $42.69

Q3 2017

Shares 196,752 Value ($000) $9,478 Avg Close $36.26 Range $34.33 - $38.29

Q1 2017

Shares 312,610 Value ($000) $13,392 Avg Close $34.36 Range $31.06 - $36.70

Q4 2016

Shares 56,289 Value ($000) $2,378 Avg Close $29.14 Range $23.75 - $33.99

Q2 2016

Shares 32,100 Value ($000) $834 Avg Close $19.90 Range $17.61 - $21.56

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	216,874	$38,502	$166.47	$150.92 - $182.34
Q3 2025	82,466	$13,109	$146.45	$133.51 - $162.99
Q2 2025	2,519	$355	$120.96	$92.37 - $140.07
Q1 2025	704,153	$82,154	$125.91	$106.95 - $139.08
Q4 2023	80,000	$7,460	$74.81	$65.08 - $88.18
Q1 2022	70,000	$6,118	$84.62	$72.05 - $96.45
Q4 2021	75,000	$7,362	$86.77	$81.94 - $91.95
Q3 2021	100,000	$9,731	$85.71	$74.82 - $91.84
Q2 2021	125,001	$11,461	$73.70	$65.34 - $81.12
Q1 2021	150,001	$11,649	$65.58	$57.28 - $74.24
Q4 2020	165,001	$11,308	$48.82	$39.28 - $58.80
Q3 2020	150,001	$7,253	$42.54	$38.81 - $46.02
Q2 2020	225,001	$10,867	$35.21	$25.96 - $43.57
Q1 2020	174,099	$5,919	$39.15	$22.66 - $47.65
Q2 2019	200,000	$8,762	$36.28	$32.95 - $39.67
Q1 2019	259,578	$10,954	$34.01	$31.17 - $36.36
Q3 2018	169,608	$7,899	$38.94	$36.75 - $40.98
Q1 2018	232,873	$12,566	$43.68	$39.53 - $46.93
Q4 2017	173,163	$9,086	$39.73	$37.31 - $42.69
Q3 2017	196,752	$9,478	$36.26	$34.33 - $38.29
Q1 2017	312,610	$13,392	$34.36	$31.06 - $36.70
Q4 2016	56,289	$2,378	$29.14	$23.75 - $33.99
Q2 2016	32,100	$834	$19.90	$17.61 - $21.56