MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

ValueAct Holdings, L.P.'s Holding History (CIK: 0001418814)

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

Q4 2020
Shares 8,283,722 Value ($000) $567,683 Avg Close $48.82 Range $39.28 - $58.80
Q3 2020
Shares 11,500,000 Value ($000) $556,025 Avg Close $42.54 Range $38.81 - $46.02
Q2 2020
Shares 14,250,000 Value ($000) $688,275 Avg Close $35.21 Range $25.96 - $43.57
Q1 2020
Shares 14,250,000 Value ($000) $484,500 Avg Close $39.15 Range $22.66 - $47.65
Q4 2019
Shares 15,000,000 Value ($000) $766,800 Avg Close $39.09 Range $32.28 - $42.57
Q3 2019
Shares 22,250,000 Value ($000) $949,408 Avg Close $35.02 Range $31.84 - $37.33
Q2 2019
Shares 26,228,561 Value ($000) $1,149,073 Avg Close $36.28 Range $32.95 - $39.67
Q1 2019
Shares 26,228,561 Value ($000) $1,106,845 Avg Close $34.01 Range $31.17 - $36.36
Q4 2018
Shares 26,228,561 Value ($000) $1,039,962 Avg Close $35.01 Range $29.55 - $38.29
Q3 2018
Shares 20,810,470 Value ($000) $969,144 Avg Close $38.94 Range $36.75 - $40.98
Q2 2018
Shares 18,709,620 Value ($000) $886,836 Avg Close $41.43 Range $37.41 - $44.18
Q1 2018
Shares 17,959,620 Value ($000) $969,101 Avg Close $43.68 Range $39.53 - $46.93
Q4 2017
Shares 17,959,620 Value ($000) $942,341 Avg Close $39.73 Range $37.31 - $42.69
Q3 2017
Shares 17,884,620 Value ($000) $861,502 Avg Close $36.26 Range $34.33 - $38.29
Q2 2017
Shares 17,884,620 Value ($000) $796,939 Avg Close $33.54 Range $31.40 - $35.81
Q1 2017
Shares 17,884,620 Value ($000) $766,177 Avg Close $34.36 Range $31.06 - $36.70
Q4 2016
Shares 26,901,000 Value ($000) $1,136,567 Avg Close $29.14 Range $23.75 - $33.99
Q3 2016
Shares 41,900,000 Value ($000) $1,343,314 Avg Close $22.85 Range $18.72 - $24.89
Q2 2016
Shares 38,000,000 Value ($000) $987,240 Avg Close $19.90 Range $17.61 - $21.56