MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

HOURGLASS CAPITAL, LLC's Holding History (CIK: 0001442573)

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

Q4 2025

Shares 70,150 Value ($000) $12,454 Avg Close $166.47 Range $150.92 - $182.34

Q3 2025

Shares 71,165 Value ($000) $11,312 Avg Close $146.45 Range $133.51 - $162.99

Q2 2025

Shares 72,785 Value ($000) $10,252 Avg Close $120.96 Range $92.37 - $140.07

Q1 2025

Shares 73,985 Value ($000) $8,632 Avg Close $125.91 Range $106.95 - $139.08

Q4 2024

Shares 74,452 Value ($000) $9,360 Avg Close $119.51 Range $99.47 - $132.53

Q3 2024

Shares 75,372 Value ($000) $7,857 Avg Close $96.90 Range $87.77 - $104.37

Q2 2024

Shares 77,132 Value ($000) $7,496 Avg Close $90.80 Range $80.57 - $98.76

Q1 2024

Shares 79,227 Value ($000) $7,460 Avg Close $83.21 Range $78.09 - $89.78

Q4 2023

Shares 79,527 Value ($000) $7,416 Avg Close $74.81 Range $65.08 - $88.18

Q3 2023

Shares 78,537 Value ($000) $6,414 Avg Close $80.29 Range $75.13 - $87.80

Q2 2023

Shares 78,742 Value ($000) $6,725 Avg Close $78.37 Range $74.18 - $83.63

Q1 2023

Shares 81,692 Value ($000) $7,173 Avg Close $84.81 Range $74.44 - $91.99

Q4 2022

Shares 83,682 Value ($000) $7,115 Avg Close $76.80 Range $66.82 - $85.98

Q3 2022

Shares 81,682 Value ($000) $6,454 Avg Close $75.24 Range $63.87 - $82.59

Q2 2022

Shares 81,832 Value ($000) $6,224 Avg Close $72.42 Range $64.03 - $81.68

Q1 2022

Shares 83,762 Value ($000) $7,321 Avg Close $84.62 Range $72.05 - $96.45

Q4 2021

Shares 95,653 Value ($000) $9,389 Avg Close $86.77 Range $81.94 - $91.95

Q3 2021

Shares 141,027 Value ($000) $13,723 Avg Close $85.71 Range $74.82 - $91.84

Q2 2021

Shares 140,489 Value ($000) $12,881 Avg Close $73.70 Range $65.34 - $81.12

Q1 2021

Shares 140,437 Value ($000) $10,906 Avg Close $65.58 Range $57.28 - $74.24

Q4 2020

Shares 163,179 Value ($000) $11,183 Avg Close $48.82 Range $39.28 - $58.80

Q3 2020

Shares 174,618 Value ($000) $8,443 Avg Close $42.54 Range $38.81 - $46.02

Q2 2020

Shares 169,502 Value ($000) $8,187 Avg Close $35.21 Range $25.96 - $43.57

Q1 2020

Shares 168,949 Value ($000) $5,744 Avg Close $39.15 Range $22.66 - $47.65

Q4 2019

Shares 171,107 Value ($000) $8,747 Avg Close $39.09 Range $32.28 - $42.57

Q3 2019

Shares 171,197 Value ($000) $7,305 Avg Close $35.02 Range $31.84 - $37.33

Q2 2019

Shares 170,347 Value ($000) $7,463 Avg Close $36.28 Range $32.95 - $39.67

Q1 2019

Shares 170,097 Value ($000) $7,178 Avg Close $34.01 Range $31.17 - $36.36

Q4 2018

Shares 181,000 Value ($000) $7,177 Avg Close $35.01 Range $29.55 - $38.29

Q3 2018

Shares 182,819 Value ($000) $8,514 Avg Close $38.94 Range $36.75 - $40.98

Q2 2018

Shares 207,369 Value ($000) $9,829 Avg Close $41.43 Range $37.41 - $44.18

Q1 2018

Shares 222,066 Value ($000) $11,983 Avg Close $43.68 Range $39.53 - $46.93

Q4 2017

Shares 224,419 Value ($000) $11,775 Avg Close $39.73 Range $37.31 - $42.69

Q3 2017

Shares 225,519 Value ($000) $10,863 Avg Close $36.26 Range $34.33 - $38.29

Q2 2017

Shares 239,999 Value ($000) $10,694 Avg Close $33.54 Range $31.40 - $35.81

Q1 2017

Shares 263,969 Value ($000) $11,308 Avg Close $34.36 Range $31.06 - $36.70

Q4 2016

Shares 264,119 Value ($000) $11,159 Avg Close $29.14 Range $23.75 - $33.99

Q3 2016

Shares 321,179 Value ($000) $10,297 Avg Close $22.85 Range $18.72 - $24.89

Q2 2016

Shares 323,314 Value ($000) $8,400 Avg Close $19.90 Range $17.61 - $21.56

Q1 2016

Shares 307,133 Value ($000) $7,681 Avg Close $19.31 Range $16.04 - $23.88

Q4 2015

Shares 291,777 Value ($000) $9,281 Avg Close $25.00 Range $22.61 - $26.92

Q3 2015

Shares 582,893 Value ($000) $18,361 Avg Close $27.26 Range $22.80 - $30.66

Q2 2015

Shares 582,259 Value ($000) $22,586 Avg Close $28.39 Range $26.31 - $30.07

Q1 2015

Shares 581,001 Value ($000) $20,736 Avg Close $26.67 Range $25.09 - $29.04

Q4 2014

Shares 586,937 Value ($000) $22,773 Avg Close $26.37 Range $23.19 - $29.07

Q3 2014

Shares 613,999 Value ($000) $21,226 Avg Close $24.62 Range $23.01 - $26.95

Q2 2014

Shares 532,249 Value ($000) $17,208 Avg Close $22.71 Range $20.81 - $24.20

Q1 2014

Shares 536,149 Value ($000) $16,712 Avg Close $22.70 Range $21.15 - $24.60

Q4 2013

Shares 767,495 Value ($000) $24,069 Avg Close $21.80 Range $19.35 - $23.37

Q3 2013

Shares 772,505 Value ($000) $20,819 Avg Close $19.65 Range $17.42 - $21.61

Q2 2013

Shares 772,095 Value ($000) $18,862 Avg Close $17.33 Range $14.71 - $19.87

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	70,150	$12,454	$166.47	$150.92 - $182.34
Q3 2025	71,165	$11,312	$146.45	$133.51 - $162.99
Q2 2025	72,785	$10,252	$120.96	$92.37 - $140.07
Q1 2025	73,985	$8,632	$125.91	$106.95 - $139.08
Q4 2024	74,452	$9,360	$119.51	$99.47 - $132.53
Q3 2024	75,372	$7,857	$96.90	$87.77 - $104.37
Q2 2024	77,132	$7,496	$90.80	$80.57 - $98.76
Q1 2024	79,227	$7,460	$83.21	$78.09 - $89.78
Q4 2023	79,527	$7,416	$74.81	$65.08 - $88.18
Q3 2023	78,537	$6,414	$80.29	$75.13 - $87.80
Q2 2023	78,742	$6,725	$78.37	$74.18 - $83.63
Q1 2023	81,692	$7,173	$84.81	$74.44 - $91.99
Q4 2022	83,682	$7,115	$76.80	$66.82 - $85.98
Q3 2022	81,682	$6,454	$75.24	$63.87 - $82.59
Q2 2022	81,832	$6,224	$72.42	$64.03 - $81.68
Q1 2022	83,762	$7,321	$84.62	$72.05 - $96.45
Q4 2021	95,653	$9,389	$86.77	$81.94 - $91.95
Q3 2021	141,027	$13,723	$85.71	$74.82 - $91.84
Q2 2021	140,489	$12,881	$73.70	$65.34 - $81.12
Q1 2021	140,437	$10,906	$65.58	$57.28 - $74.24
Q4 2020	163,179	$11,183	$48.82	$39.28 - $58.80
Q3 2020	174,618	$8,443	$42.54	$38.81 - $46.02
Q2 2020	169,502	$8,187	$35.21	$25.96 - $43.57
Q1 2020	168,949	$5,744	$39.15	$22.66 - $47.65
Q4 2019	171,107	$8,747	$39.09	$32.28 - $42.57
Q3 2019	171,197	$7,305	$35.02	$31.84 - $37.33
Q2 2019	170,347	$7,463	$36.28	$32.95 - $39.67
Q1 2019	170,097	$7,178	$34.01	$31.17 - $36.36
Q4 2018	181,000	$7,177	$35.01	$29.55 - $38.29
Q3 2018	182,819	$8,514	$38.94	$36.75 - $40.98
Q2 2018	207,369	$9,829	$41.43	$37.41 - $44.18
Q1 2018	222,066	$11,983	$43.68	$39.53 - $46.93
Q4 2017	224,419	$11,775	$39.73	$37.31 - $42.69
Q3 2017	225,519	$10,863	$36.26	$34.33 - $38.29
Q2 2017	239,999	$10,694	$33.54	$31.40 - $35.81
Q1 2017	263,969	$11,308	$34.36	$31.06 - $36.70
Q4 2016	264,119	$11,159	$29.14	$23.75 - $33.99
Q3 2016	321,179	$10,297	$22.85	$18.72 - $24.89
Q2 2016	323,314	$8,400	$19.90	$17.61 - $21.56
Q1 2016	307,133	$7,681	$19.31	$16.04 - $23.88
Q4 2015	291,777	$9,281	$25.00	$22.61 - $26.92
Q3 2015	582,893	$18,361	$27.26	$22.80 - $30.66
Q2 2015	582,259	$22,586	$28.39	$26.31 - $30.07
Q1 2015	581,001	$20,736	$26.67	$25.09 - $29.04
Q4 2014	586,937	$22,773	$26.37	$23.19 - $29.07
Q3 2014	613,999	$21,226	$24.62	$23.01 - $26.95
Q2 2014	532,249	$17,208	$22.71	$20.81 - $24.20
Q1 2014	536,149	$16,712	$22.70	$21.15 - $24.60
Q4 2013	767,495	$24,069	$21.80	$19.35 - $23.37
Q3 2013	772,505	$20,819	$19.65	$17.42 - $21.61
Q2 2013	772,095	$18,862	$17.33	$14.71 - $19.87