MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Rakuten Investment Management, Inc.'s Holding History (CIK: 0002062680)

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

Q4 2025

Shares 158,445 Value ($000) $28,511 Avg Close $166.47 Range $150.92 - $182.34

Q3 2025

Shares 27,940 Value ($000) $708 Avg Close $146.45 Range $133.51 - $162.99

Q1 2025

Shares 112,295 Value ($000) $12,951 Avg Close $125.91 Range $106.95 - $139.08

Q3 2024

Shares 70,096 Value ($000) $7,298 Avg Close $96.90 Range $87.77 - $104.37

Q2 2024

Shares 52,939 Value ($000) $5,070 Avg Close $90.80 Range $80.57 - $98.76

Q1 2024

Shares 33,499 Value ($000) $3,154 Avg Close $83.21 Range $78.09 - $89.78

Q4 2023

Shares 3,110 Value ($000) $291 Avg Close $74.81 Range $65.08 - $88.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	158,445	$28,511	$166.47	$150.92 - $182.34
Q3 2025	27,940	$708	$146.45	$133.51 - $162.99
Q1 2025	112,295	$12,951	$125.91	$106.95 - $139.08
Q3 2024	70,096	$7,298	$96.90	$87.77 - $104.37
Q2 2024	52,939	$5,070	$90.80	$80.57 - $98.76
Q1 2024	33,499	$3,154	$83.21	$78.09 - $89.78
Q4 2023	3,110	$291	$74.81	$65.08 - $88.18