MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Park Avenue Institutional Advisers LLC's Holding History (CIK: 0001640801)

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

Q2 2016

Shares 9,633 Value ($000) $250 Avg Close $19.90 Range $17.61 - $21.56

Q1 2016

Shares 9,514 Value ($000) $238 Avg Close $19.31 Range $16.04 - $23.88

Q4 2015

Shares 9,782 Value ($000) $311 Avg Close $25.00 Range $22.61 - $26.92

Q3 2015

Shares 10,135 Value ($000) $319 Avg Close $27.26 Range $22.80 - $30.66

Q2 2015

Shares 10,397 Value ($000) $403 Avg Close $28.39 Range $26.31 - $30.07

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	9,633	$250	$19.90	$17.61 - $21.56
Q1 2016	9,514	$238	$19.31	$16.04 - $23.88
Q4 2015	9,782	$311	$25.00	$22.61 - $26.92
Q3 2015	10,135	$319	$27.26	$22.80 - $30.66
Q2 2015	10,397	$403	$28.39	$26.31 - $30.07