MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

First City Capital Management, Inc.'s Holding History (CIK: 0001427350)

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

Q1 2016
Shares 961 Value ($000) $24,035 Avg Close $19.31 Range $16.04 - $23.88
Q4 2015
Shares 961 Value ($000) $30,569 Avg Close $25.00 Range $22.61 - $26.92
Q3 2015
Shares 2,161 Value ($000) $68,072 Avg Close $27.26 Range $22.80 - $30.66
Q2 2015
Shares 2,161 Value ($000) $83,825 Avg Close $28.39 Range $26.31 - $30.07
Q1 2015
Shares 1,161 Value ($000) $41,436 Avg Close $26.67 Range $25.09 - $29.04
Q4 2014
Shares 761 Value ($000) $29,527 Avg Close $26.37 Range $23.19 - $29.07
Q3 2014
Shares 761 Value ($000) $26,308 Avg Close $24.62 Range $23.01 - $26.95
Q2 2014
Shares 761 Value ($000) $24,603 Avg Close $22.71 Range $20.81 - $24.20
Q1 2014
Shares 761 Value ($000) $23,720 Avg Close $22.70 Range $21.15 - $24.60