MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Cambridge Investment Research Advisors, Inc.'s Holding History (CIK: 0001419186)

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

Q4 2025

Shares 148,721 Value ($000) $26 Avg Close $166.47 Range $150.92 - $182.34

Q3 2025

Shares 142,835 Value ($000) $23 Avg Close $146.45 Range $133.51 - $162.99

Q2 2025

Shares 161,094 Value ($000) $23 Avg Close $120.96 Range $92.37 - $140.07

Q1 2025

Shares 164,055 Value ($000) $19 Avg Close $125.91 Range $106.95 - $139.08

Q4 2024

Shares 148,230 Value ($000) $19 Avg Close $119.51 Range $99.47 - $132.53

Q3 2024

Shares 144,961 Value ($000) $15 Avg Close $96.90 Range $87.77 - $104.37

Q2 2024

Shares 131,978 Value ($000) $13 Avg Close $90.80 Range $80.57 - $98.76

Q1 2024

Shares 164,559 Value ($000) $15 Avg Close $83.21 Range $78.09 - $89.78

Q4 2023

Shares 177,673 Value ($000) $17 Avg Close $74.81 Range $65.08 - $88.18

Q3 2023

Shares 169,877 Value ($000) $14 Avg Close $80.29 Range $75.13 - $87.80

Q2 2023

Shares 153,610 Value ($000) $13 Avg Close $78.37 Range $74.18 - $83.63

Q1 2023

Shares 169,342 Value ($000) $15 Avg Close $84.81 Range $74.44 - $91.99

Q4 2022

Shares 159,014 Value ($000) $14 Avg Close $76.80 Range $66.82 - $85.98

Q3 2022

Shares 168,430 Value ($000) $13,308 Avg Close $75.24 Range $63.87 - $82.59

Q2 2022

Shares 169,450 Value ($000) $12,888 Avg Close $72.42 Range $64.03 - $81.68

Q1 2022

Shares 143,060 Value ($000) $12,503 Avg Close $84.62 Range $72.05 - $96.45

Q4 2021

Shares 125,139 Value ($000) $12,284 Avg Close $86.77 Range $81.94 - $91.95

Q3 2021

Shares 120,486 Value ($000) $11,724 Avg Close $85.71 Range $74.82 - $91.84

Q2 2021

Shares 114,160 Value ($000) $10,467 Avg Close $73.70 Range $65.34 - $81.12

Q1 2021

Shares 109,623 Value ($000) $8,513 Avg Close $65.58 Range $57.28 - $74.24

Q4 2020

Shares 84,258 Value ($000) $5,774 Avg Close $48.82 Range $39.28 - $58.80

Q3 2020

Shares 60,793 Value ($000) $2,939 Avg Close $42.54 Range $38.81 - $46.02

Q2 2020

Shares 74,317 Value ($000) $3,590 Avg Close $35.21 Range $25.96 - $43.57

Q1 2020

Shares 70,054 Value ($000) $2,382 Avg Close $39.15 Range $22.66 - $47.65

Q4 2019

Shares 59,837 Value ($000) $3,059 Avg Close $39.09 Range $32.28 - $42.57

Q3 2019

Shares 61,033 Value ($000) $2,604 Avg Close $35.02 Range $31.84 - $37.33

Q2 2019

Shares 58,528 Value ($000) $2,564 Avg Close $36.28 Range $32.95 - $39.67

Q1 2019

Shares 59,267 Value ($000) $2,501 Avg Close $34.01 Range $31.17 - $36.36

Q4 2018

Shares 68,287 Value ($000) $2,708 Avg Close $35.01 Range $29.55 - $38.29

Q3 2018

Shares 69,247 Value ($000) $3,225 Avg Close $38.94 Range $36.75 - $40.98

Q2 2018

Shares 56,813 Value ($000) $2,693 Avg Close $41.43 Range $37.41 - $44.18

Q1 2018

Shares 46,006 Value ($000) $2,482 Avg Close $43.68 Range $39.53 - $46.93

Q4 2017

Shares 45,143 Value ($000) $2,369 Avg Close $39.73 Range $37.31 - $42.69

Q3 2017

Shares 39,469 Value ($000) $1,901 Avg Close $36.26 Range $34.33 - $38.29

Q2 2017

Shares 34,554 Value ($000) $1,540 Avg Close $33.54 Range $31.40 - $35.81

Q1 2017

Shares 35,406 Value ($000) $1,517 Avg Close $34.36 Range $31.06 - $36.70

Q4 2016

Shares 32,641 Value ($000) $1,379 Avg Close $29.14 Range $23.75 - $33.99

Q3 2016

Shares 34,263 Value ($000) $1,098 Avg Close $22.85 Range $18.72 - $24.89

Q2 2016

Shares 32,943 Value ($000) $856 Avg Close $19.90 Range $17.61 - $21.56

Q1 2016

Shares 33,246 Value ($000) $831 Avg Close $19.31 Range $16.04 - $23.88

Q4 2015

Shares 31,938 Value ($000) $1,016 Avg Close $25.00 Range $22.61 - $26.92

Q3 2015

Shares 32,880 Value ($000) $1,036 Avg Close $27.26 Range $22.80 - $30.66

Q2 2015

Shares 29,453 Value ($000) $1,142 Avg Close $28.39 Range $26.31 - $30.07

Q1 2015

Shares 28,320 Value ($000) $1,011 Avg Close $26.67 Range $25.09 - $29.04

Q4 2014

Shares 27,992 Value ($000) $1,086 Avg Close $26.37 Range $23.19 - $29.07

Q3 2014

Shares 27,569 Value ($000) $953 Avg Close $24.62 Range $23.01 - $26.95

Q2 2014

Shares 29,629 Value ($000) $958 Avg Close $22.71 Range $20.81 - $24.20

Q1 2014

Shares 19,479 Value ($000) $607 Avg Close $22.70 Range $21.15 - $24.60

Q4 2013

Shares 26,625 Value ($000) $835 Avg Close $21.80 Range $19.35 - $23.37

Q3 2013

Shares 26,271 Value ($000) $708 Avg Close $19.65 Range $17.42 - $21.61

Q2 2013

Shares 16,214 Value ($000) $396 Avg Close $17.33 Range $14.71 - $19.87

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	148,721	$26	$166.47	$150.92 - $182.34
Q3 2025	142,835	$23	$146.45	$133.51 - $162.99
Q2 2025	161,094	$23	$120.96	$92.37 - $140.07
Q1 2025	164,055	$19	$125.91	$106.95 - $139.08
Q4 2024	148,230	$19	$119.51	$99.47 - $132.53
Q3 2024	144,961	$15	$96.90	$87.77 - $104.37
Q2 2024	131,978	$13	$90.80	$80.57 - $98.76
Q1 2024	164,559	$15	$83.21	$78.09 - $89.78
Q4 2023	177,673	$17	$74.81	$65.08 - $88.18
Q3 2023	169,877	$14	$80.29	$75.13 - $87.80
Q2 2023	153,610	$13	$78.37	$74.18 - $83.63
Q1 2023	169,342	$15	$84.81	$74.44 - $91.99
Q4 2022	159,014	$14	$76.80	$66.82 - $85.98
Q3 2022	168,430	$13,308	$75.24	$63.87 - $82.59
Q2 2022	169,450	$12,888	$72.42	$64.03 - $81.68
Q1 2022	143,060	$12,503	$84.62	$72.05 - $96.45
Q4 2021	125,139	$12,284	$86.77	$81.94 - $91.95
Q3 2021	120,486	$11,724	$85.71	$74.82 - $91.84
Q2 2021	114,160	$10,467	$73.70	$65.34 - $81.12
Q1 2021	109,623	$8,513	$65.58	$57.28 - $74.24
Q4 2020	84,258	$5,774	$48.82	$39.28 - $58.80
Q3 2020	60,793	$2,939	$42.54	$38.81 - $46.02
Q2 2020	74,317	$3,590	$35.21	$25.96 - $43.57
Q1 2020	70,054	$2,382	$39.15	$22.66 - $47.65
Q4 2019	59,837	$3,059	$39.09	$32.28 - $42.57
Q3 2019	61,033	$2,604	$35.02	$31.84 - $37.33
Q2 2019	58,528	$2,564	$36.28	$32.95 - $39.67
Q1 2019	59,267	$2,501	$34.01	$31.17 - $36.36
Q4 2018	68,287	$2,708	$35.01	$29.55 - $38.29
Q3 2018	69,247	$3,225	$38.94	$36.75 - $40.98
Q2 2018	56,813	$2,693	$41.43	$37.41 - $44.18
Q1 2018	46,006	$2,482	$43.68	$39.53 - $46.93
Q4 2017	45,143	$2,369	$39.73	$37.31 - $42.69
Q3 2017	39,469	$1,901	$36.26	$34.33 - $38.29
Q2 2017	34,554	$1,540	$33.54	$31.40 - $35.81
Q1 2017	35,406	$1,517	$34.36	$31.06 - $36.70
Q4 2016	32,641	$1,379	$29.14	$23.75 - $33.99
Q3 2016	34,263	$1,098	$22.85	$18.72 - $24.89
Q2 2016	32,943	$856	$19.90	$17.61 - $21.56
Q1 2016	33,246	$831	$19.31	$16.04 - $23.88
Q4 2015	31,938	$1,016	$25.00	$22.61 - $26.92
Q3 2015	32,880	$1,036	$27.26	$22.80 - $30.66
Q2 2015	29,453	$1,142	$28.39	$26.31 - $30.07
Q1 2015	28,320	$1,011	$26.67	$25.09 - $29.04
Q4 2014	27,992	$1,086	$26.37	$23.19 - $29.07
Q3 2014	27,569	$953	$24.62	$23.01 - $26.95
Q2 2014	29,629	$958	$22.71	$20.81 - $24.20
Q1 2014	19,479	$607	$22.70	$21.15 - $24.60
Q4 2013	26,625	$835	$21.80	$19.35 - $23.37
Q3 2013	26,271	$708	$19.65	$17.42 - $21.61
Q2 2013	16,214	$396	$17.33	$14.71 - $19.87