1y return+16.1%S&P 500 +20.9%
3y return+55.7%S&P 500 +68.5%
5y return+38.2%S&P 500 +74.5%
10y return+171.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $272 against $357 in the S&P 500.2
Morgan StanleyS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $71.3B | 3.8% | +3.9% |
| AAPLApple Inc | $70.2B | 3.7% | |
| MSFTMicrosoft Corp | $47.6B | 2.5% | +2.2% |
| GOOGLAlphabet Inc | $43.1B | 2.3% | |
| AMZNAmazon Com Inc | $42.8B | 2.3% | +3.1% |
| AVGOBroadcom Inc | $29.9B | 1.6% | +4.1% |
| GOOGAlphabet Inc | $25.6B | 1.4% | +1.1% |
| SPYState Str Spdr S&p 500 Etf T | $24.1B | 1.3% | −20.3% |
| METAMeta Platforms Inc | $22.2B | 1.2% | +3.6% |
| JPMJpmorgan Chase & Co | $22.0B | 1.2% | −2.1% |
| MUMicron Technology Inc | $21.3B | 1.1% | +9.7% |
| LLYEli Lilly & Co | $19.5B | 1.0% | +5.1% |
| IVVIshares Tr | $18.5B | 1.0% | +5.5% |
| VOOVanguard Index Fds | $17.1B | 0.9% | +2.1% |
| TSLATesla Inc | $16.3B | 0.9% | |
| VVisa Inc | $15.8B | 0.8% | |
| QQQInvesco Qqq Tr | $15.6B | 0.8% | −1.8% |
| IWFIshares Tr | $14.8B | 0.8% | |
| AMDAdvanced Micro Devices Inc | $14.1B | 0.7% | +2.1% |
| BRK/BBerkshire Hathaway Inc Del | $13.3B | 0.7% | |
| JNJJohnson & Johnson | $11.4B | 0.6% | |
| IEMGIshares Inc | $10.6B | 0.6% | +1.6% |
| IEFAIshares Tr | $10.3B | 0.5% | +1.4% |
| PANWPalo Alto Networks Inc | $10.0B | 0.5% | −8.9% |
| WMTWalmart Inc | $10.0B | 0.5% | +2.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $71.3B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $29.9B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $9.8B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $14.1B |
| PANWPalo Alto Networks Inc | June 30, 2020 | +790.9% | $10.0B |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $8.0B |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $7.6B |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $19.5B |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $8.3B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $43.1B |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $4.2B
- Apellis Pharmaceuticals IncCUSIP 03753U106 was $404.0M
- Dupont De Nemours IncCUSIP 26614N102 was $373.3M
- Carnival CorpCUSIP 143658300 was $371.7M
- Terns Pharmaceuticals IncCUSIP 880881107 was $340.0M
- CTRACoterra Energy Inc was $313.7M
- Thomson Reuters CorpCUSIP 884903808 was $293.6M
- Hologic IncCUSIP 436440101 was $270.1M
- Sealed Air Corp NewCUSIP 81211K100 was $175.6M
- Centessa Pharmaceuticals PLCCUSIP 152309100 was $169.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.9% | +14.8% |
| March 31, 2026 | −3.4% | −4.6% |
| December 31, 2025 | +1.5% | +2.4% |
| September 30, 2025 | +6.8% | +7.8% |
| June 30, 2025 | +9.5% | +10.5% |
| March 31, 2025 | −3.5% | −4.6% |
| December 31, 2024 | +1.1% | +2.1% |
| September 30, 2024 | +6.1% | +5.4% |
| June 30, 2024 | +1.8% | +4.0% |
| March 31, 2024 | +8.4% | +10.0% |
| December 31, 2023 | +11.1% | +11.2% |
| September 30, 2023 | −3.5% | −3.6% |
| June 30, 2023 | +6.2% | +8.3% |
| March 31, 2023 | +6.1% | +7.0% |
| December 31, 2022 | +6.6% | +7.1% |
| September 30, 2022 | −5.3% | −5.3% |
| June 30, 2022 | −17.2% | −16.5% |
| March 31, 2022 | −8.1% | −4.9% |
| December 31, 2021 | +4.6% | +10.7% |
| September 30, 2021 | −1.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Morgan Stanley Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=895421&type=13F-HR&dateb=&owner=include&count=40CIK 895421
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/895421/000089542126000243/Filed August 13, 2026 · accession 0000895421-26-000243