MORGAN STANLEY

CIK

895421

Location

NEW YORK, NY

Portfolio Value

Large $32,332,804,603

Diversification

Diversified

Filing Date

Global Rank

#7 / 8,576 —

Top Industry

Semiconductors 9.6%

3Y Alpha vs SPY

+1.0%

Period ended 2 months ago

Filed May 15, 2026 · 27d

23 quarters · since Mar 2020

Portfolio Concentration

5,226 positions · as of Mar 31, 2026 · Δ vs Sep 30, 2025

Top Position

5.0%

+0.0 pts

Top 5

19.1%

−0.5 pts

Top 10

27.6%

−1.1 pts

HHI

112

Diversified−7

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.9%	$349,808,708,926	667
Financial Services	13.9%	$174,275,270,466	1,242
Healthcare	10.0%	$125,449,201,670	925
Consumer Cyclical	9.9%	$124,293,065,748	468
Industrials	9.4%	$117,453,546,086	586
Communication Services	7.9%	$99,173,399,163	207
Consumer Defensive	5.1%	$64,109,935,729	205
Energy	4.8%	$60,468,931,172	235
Unclassified	4.2%	$52,213,761,143	88
Utilities	2.6%	$32,332,804,603	105
Basic Materials	2.5%	$30,989,861,863	257
Real Estate	1.7%	$21,899,358,306	241

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Sep 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OPEN	Opendoor Technologies Inc.	+91,732,860	102,774,968	$480,986,845
NFLX	Netflix Inc	+90,508,469	99,018,124	$9,520,592,610
VALE	Vale S.A.	+31,733,003	46,025,401	$732,264,126
ET	Energy Transfer LP	+26,286,736	87,230,414	$1,683,546,987
NU	Nu Holdings Ltd.	+23,696,759	141,628,383	$2,035,199,856
SAN	Banco Santander, S.A.	+23,689,202	78,079,188	$880,733,235
QXO	QXO, Inc.	+21,308,829	74,634,716	$1,449,406,180
NVDA	Nvidia Corp	+19,998,003	342,954,346	$59,811,237,934
NOW	ServiceNow, Inc.	+18,129,191	23,347,995	$2,441,032,867
PFE	Pfizer Inc	+17,914,712	92,685,370	$2,602,605,180
RKT	Rocket Companies, Inc.	+17,781,159	22,593,656	$321,959,590
WIT	Wipro Ltd	+17,069,248	46,485,712	$98,549,707
AAPL	Apple Inc.	+15,371,338	244,474,722	$62,045,239,682
FITB	Fifth Third Bancorp	+13,614,884	24,776,241	$1,151,104,148
CRM	Salesforce, Inc.	+12,485,694	31,675,603	$5,912,884,800
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	+12,005,121	12,227,809	$196,500,889
SOFI	SoFi Technologies, Inc.	+11,285,659	21,258,767	$337,589,212
AMZN	Amazon Com Inc	+11,061,048	173,925,856	$36,223,538,016
HBAN	Huntington Bancshares Inc /Md/	+11,012,649	34,521,184	$540,256,519
PBR	Petrobras - Petroleo Brasileiro SA	+10,742,983	20,519,121	$425,771,758
B	Barrick Mining Corp	+10,244,667	23,431,914	$955,787,767
XFOR	X4 Pharmaceuticals, Inc	+9,463,264	9,466,992	$39,098,675
KEEL	Keel Infrastructure Corp.	+8,859,291	10,710,324	$20,885,129
HDB	Hdfc Bank Ltd	+8,562,659	30,807,471	$766,489,871
ITUB	Itau Unibanco Holding S.A.	+7,801,639	12,179,414	$102,063,486
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
YMM	Full Truck Alliance Co. Ltd.	−13,866,914	9,512,637	$78,954,884
IOT	Samsara Inc.	−13,442,235	8,417,014	$266,735,168
UMC	United Microelectronics Corp	−13,073,464	8,777,903	$78,825,565
CPNG	Coupang, Inc.	−11,945,766	56,145,303	$1,060,023,314
GRAB	Grab Holdings Ltd	−11,367,437	133,501,940	$488,617,092
SLV	iShares Silver Trust	−9,616,004	12,225,525	$833,047,270
ABT	Abbott Laboratories	−8,533,200	30,101,596	$3,090,530,851
CNM	Core & Main, Inc.	−8,033,034	5,435,680	$268,522,583
AUR	Aurora Innovation, Inc.	−7,801,728	192,442,063	$792,861,295
GLBE	Global-E Online Ltd.	−6,758,552	906,885	$27,977,398
CMG	Chipotle Mexican Grill Inc	−6,437,324	18,030,236	$577,147,844
AMD	Advanced Micro Devices Inc	−6,280,141	23,781,608	$4,837,892,504
FSLY	Fastly, Inc.	−5,808,515	1,459,497	$42,412,977
BKD	Brookdale Senior Living Inc.	−5,715,056	2,494,775	$34,128,518
ADP	Automatic Data Processing Inc	−5,661,548	6,394,435	$1,299,221,293
KVYO	Klaviyo, Inc.	−5,624,240	5,067,690	$98,617,244
BEKE	KE Holdings Inc.	−5,485,552	2,089,531	$31,280,276
TCOM	Trip.com Group Ltd	−5,461,109	13,107,012	$652,598,121
CNH	CNH Industrial N.V.	−5,451,564	7,397,890	$81,376,790
DELL	Dell Technologies Inc.	−5,392,947	6,647,871	$1,091,115,060
IONQ	IonQ, Inc.	−5,180,889	21,159,892	$610,039,682
RXRX	Recursion Pharmaceuticals, Inc.	−5,105,024	2,185,329	$6,708,956
INVZ	Innoviz Technologies Ltd.	−5,055,788	152,737	$96,679
FCX	Freeport-Mcmoran Inc	−4,904,543	26,227,652	$1,541,661,378
BNY	Bank of New York Mellon Corp	−4,730,896	9,904,970	$1,175,026,583
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
LNG	Cheniere Energy, Inc.	5,209,126	$1,478,141,585
AZN	Astrazeneca PLC	6,969,314	$1,374,488,098
MDLN	Medline Inc.	15,702,903	$698,779,183
TTE	TotalEnergies SE	7,248,408	$659,460,154
UL	Unilever PLC	9,359,595	$533,216,124
Q	Qnity Electronics, Inc.	3,168,681	$365,602,407
NTAP	NetApp, Inc.	3,035,748	$310,830,229
DVA	Davita Inc.	1,666,038	$256,053,374
UTHR	UNITED THERAPEUTICS Corp	409,288	$242,699,592
AMCR	Amcor plc	5,261,194	$209,132,457
SOLS	Solstice Advanced Materials Inc.	2,556,647	$194,714,225
SUNB	Sunbelt Rentals Holdings, Inc.	2,812,539	$183,068,161
QGEN	Qiagen N.V.	4,190,913	$167,804,153
THC	Tenet Healthcare Corp	795,834	$150,181,825
PNFP	Pinnacle Financial Partners, Inc.	1,627,480	$140,191,118
WPC	W. P. Carey Inc.	1,991,357	$135,332,613
LLYVA	Liberty Live Holdings, Inc.	1,330,676	$121,943,145
INDV	Indivior Pharmaceuticals, Inc.	3,505,817	$106,857,299
SUNC	SunocoCorp LLC	1,477,751	$91,103,345
XXI	Twenty One Capital, Inc.	12,057,395	$77,167,325
AGNC	AGNC Investment Corp.	7,271,796	$72,936,109
CTRE	CareTrust REIT, Inc.	1,943,515	$71,229,818
VSNT	Versant Media Group, Inc.	1,803,757	$66,775,075
LXP	LXP Industrial Trust	681,637	$31,532,524
BPRE	Bluerock Private Real Estate Fund	1,807,588	$30,024,034
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AGL	agilon health, inc.	59,384,795	$1,529,158,466
BXMX	Nuveen S&P 500 BuyWrite Income Fund	11,800,765	$170,403,044
NGD	New Gold Inc. /FI	18,705,260	$134,303,763
FUBO	FuboTV Inc.	1,685,881	$83,956,870
EXAS	EXACT SCIENCES CORP	1,369,501	$74,925,393
TGNA	TEGNA INC	2,252,950	$45,802,469
ADV	Advantage Solutions Inc.	802,822	$30,707,939
DIAX	Nuveen Dow 30sm Dynamic Overwrite Fund	1,809,422	$26,942,291
XFLT	XAI Octagon Floating Rate & Alternative Income Trust	759,765	$20,133,771
PIPR	Piper Sandler Companies	174,790	$15,162,591
COOK	Traeger, Inc.	203,333	$12,403,313
XLO	Xilio Therapeutics, Inc.	961,917	$11,352,544
BBUC	Brookfield Business Corp	231,956	$7,777,480
TVGN	Tevogen Bio Holdings Inc.	126,656	$4,971,247
GRTUF	Granite Real Estate Investment Trust	41,006	$2,285,673
ORGN	Origin Materials, Inc.	107,764	$1,677,884
DVS	DOLLY VARDEN SILVER CORP	280,750	$1,406,557
MODD	Modular Medical, Inc.	53,000	$1,113,000
ANEB	Anebulo Pharmaceuticals, Inc.	399,404	$998,509
NOTE	FiscalNote Holdings, Inc.	190,833	$883,555
LAZRQ	Luminar Technologies, Inc./DE	372,190	$710,880
ZOOZ	ZOOZ Strategy Ltd.	177,430	$379,700
AUST	Austin Gold Corp.	176,369	$306,529
LEGT	Legato Merger Corp. III	14,000	$150,360
BMGL	Basel Medical Group Ltd	74,292	$135,210
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

105 positions · $32,332,804,603 total · Utilities only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 105 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NEE	Nextera Energy Inc Utilities	Reduced	64,751,882	-1,328,495	$6,014,154,788	+20.6%	18.60%
CEG	Constellation Energy Corp Utilities	Added	8,903,186	+884,294	$2,486,214,686	−5.8%	7.69%
SRE	Sempra Utilities	Added	24,349,232	+5,269,924	$2,366,014,862	+37.8%	7.32%
AEP	American Electric Power Co Inc Utilities	Added	14,486,169	+96,190	$1,898,847,026	+17.3%	5.87%
DUK	Duke Energy CORP Utilities	Added	12,679,831	+227,997	$1,660,297,063	+7.7%	5.14%
SO	Southern Co Utilities	Reduced	12,915,066	-1,045,616	$1,246,562,165	−5.8%	3.86%
VST	Vistra Corp. Utilities	Added	8,256,938	+203,298	$1,241,265,482	−21.3%	3.84%
ETR	Entergy Corp /De/ Utilities	Added	9,591,393	+926,326	$1,077,688,909	+33.5%	3.33%
EXC	Exelon Corp Utilities	Reduced	15,940,072	-1,945,265	$781,382,318	−2.9%	2.42%
D	Dominion Energy, Inc Utilities	Added	11,288,689	+307,432	$697,866,746	+3.9%	2.16%
NRG	Nrg Energy, Inc. Utilities	Reduced	4,678,032	-63,296	$683,647,588	−11.0%	2.11%
PPL	PPL Corp Utilities	Reduced	16,964,450	-1,944,824	$648,041,986	−7.8%	2.00%
ED	Consolidated Edison Inc Utilities	Reduced	5,359,232	-436,143	$606,557,868	+4.1%	1.88%
XEL	Xcel Energy Inc Utilities	Reduced	7,169,719	-19,058	$569,562,469	−1.8%	1.76%
FE	Firstenergy Corp Utilities	Added	11,022,122	+36,884	$558,380,692	+10.9%	1.73%
PEG	Public Service Enterprise Group Inc Utilities	Reduced	6,862,705	-430,450	$555,535,959	−8.7%	1.72%
ATO	Atmos Energy Corp Utilities	Added	3,001,186	+93,092	$554,379,070	+11.6%	1.71%
WEC	Wec Energy Group, Inc. Utilities	Added	4,742,853	+639,289	$549,080,084	+16.8%	1.70%
AWK	American Water Works Company, Inc. Utilities	Added	3,612,397	+323,852	$491,611,097	+7.4%	1.52%
CNP	Centerpoint Energy Inc Utilities	Added	9,493,380	+651,642	$409,734,273	+19.4%	1.27%
ES	Eversource Energy Utilities	Added	5,885,125	+244,244	$407,721,451	+1.6%	1.26%
EVRG	Evergy, Inc. Utilities	Added	4,773,108	+127,728	$391,013,001	+10.7%	1.21%
EIX	Edison International Utilities	Added	5,050,330	+326,785	$369,583,142	+41.5%	1.14%
CMS	Cms Energy Corp Utilities	Reduced	4,713,999	-690,816	$365,712,034	−7.6%	1.13%
AES	Aes Corp Utilities	Reduced	24,294,029	-4,273,939	$342,302,861	−9.0%	1.06%
DTE	Dte Energy Co Utilities	Reduced	2,316,507	-168,810	$338,719,646	−3.6%	1.05%
AEE	Ameren Corp Utilities	Added	2,927,546	+33,017	$321,795,850	+6.5%	1.00%
PCG	PG&E Corp Utilities	Added	18,139,357	+1,504,507	$318,708,495	+27.0%	0.99%
IDA	Idacorp Inc Utilities	Added	2,177,760	+262,665	$311,354,339	+23.0%	0.96%
NGG	National Grid PLC Utilities	Added	3,362,071	+1,192,384	$284,431,203	+80.4%	0.88%
NI	Nisource Inc. Utilities	Added	5,481,383	+1,096,878	$255,761,320	+34.7%	0.79%
LNT	Alliant Energy Corp Utilities	Added	3,351,175	+199,617	$240,480,311	+13.2%	0.74%
PNW	Pinnacle West Capital Corp Utilities	Added	2,060,995	+125,134	$207,645,243	+19.6%	0.64%
BEP	Brookfield Renewable Partners L.P. Utilities	Added	4,596,701	+1,756,785	$150,036,317	+104.9%	0.46%
OKLO	Oklo Inc. Utilities	Added	2,681,738	+386,389	$132,987,383	−48.1%	0.41%
BIPH	Brookfield Infrastructure Partners L.P. Utilities	Added	3,677,772	+1,606,067	$132,841,123	+95.0%	0.41%
TLN	Talen Energy Corp Utilities	Reduced	406,498	-83,065	$129,766,354	−37.7%	0.40%
WTRG	Essential Utilities, Inc. Utilities	Reduced	3,219,049	-448,867	$129,631,095	−11.4%	0.40%
OGE	Oge Energy Corp. Utilities	Added	2,538,415	+260,779	$121,742,378	+15.5%	0.38%
CWEN	Clearway Energy, Inc. Utilities	Added	3,050,954	+154,177	$119,871,976	+46.5%	0.37%
UGI	Ugi Corp /Pa/ Utilities	Added	3,070,125	+209,776	$111,813,946	+17.5%	0.35%
FTS	Fortis Inc. Utilities	Reduced	1,931,517	-1,455,397	$107,759,329	−37.3%	0.33%
AWR	American States Water Co Utilities	Added	1,302,331	+713,543	$98,482,266	+128.1%	0.30%
KEP	Korea Electric Power Corp Utilities	Added	6,610,804	+419,984	$94,203,954	+16.6%	0.29%
POR	Portland General Electric Co /Or/ Utilities	Added	1,760,147	+261,658	$92,882,948	+40.9%	0.29%
BEPC	Brookfield Renewable Corp Utilities	Added	2,200,536	+13,504	$87,647,342	+16.4%	0.27%
MDU	Mdu Resources Group Inc Utilities	Added	4,221,525	+562,354	$87,469,992	+34.2%	0.27%
TXNM	Txnm Energy Inc Utilities	Added	1,478,197	+766,768	$86,415,389	+114.8%	0.27%
SR	Spire Inc Utilities	Reduced	870,647	-122,321	$78,828,374	−2.6%	0.24%
OGS	ONE Gas, Inc. Utilities	Added	883,599	+109,740	$76,104,376	+21.5%	0.24%