Morgan Stanley Institutional Global Franchise Fund Buys SAP SE, Intercontinental Exchange Inc, Sells Fox Corp, FactSet Research Systems Inc

• Added Positions: SAP, ICE, RB., PM, MSFT, V, PG, BAX, ABT, BDX, TMO, FIS, BATS, HEIA, REL, KO, ULVR, MC, NKE, RI, ZTS, ROP, MCO, EXPN, REN, CPR, FOX,
• Reduced Positions: FOXA, FDS, ACN, OR,

For the details of MS Global Franchise Fund's stock buys and sells, go to https://www.gurufocus.com/guru/ms+global+franchise+fund/current-portfolio/portfolio

1. Microsoft Corp (MSFT) - 1,205,309 shares, 8.78% of the total portfolio. Shares added by 3.76%
2. Reckitt Benckiser Group PLC (RB.) - 2,790,837 shares, 8.16% of the total portfolio. Shares added by 6.42%
3. Philip Morris International Inc (PM) - 2,982,161 shares, 8.09% of the total portfolio. Shares added by 4.95%
4. Visa Inc (V) - 792,421 shares, 5.68% of the total portfolio. Shares added by 4.95%
5. Accenture PLC (ACN) - 580,316 shares, 4.97% of the total portfolio. Shares reduced by 3.5%

Morgan Stanley Institutional Global Franchise Fund added to a holding in SAP SE by 28.66%. The purchase prices were between $90.18 and $134.38, with an estimated average price of $107.73. The stock is now traded at around $101.780000. The impact to a portfolio due to this purchase was 1%. The holding were 1,058,875 shares as of 2020-12-31.

Morgan Stanley Institutional Global Franchise Fund added to a holding in Intercontinental Exchange Inc by 47.91%. The purchase prices were between $93.77 and $115.29, with an estimated average price of $103.81. The stock is now traded at around $115.025000. The impact to a portfolio due to this purchase was 0.93%. The holding were 760,949 shares as of 2020-12-31.

Morgan Stanley Institutional Global Franchise Fund reduced to a holding in Fox Corp by 24.04%. The sale prices were between $25.31 and $30.6, with an estimated average price of $27.93. The stock is now traded at around $42.015000. The impact to a portfolio due to this sale was -0.2%. Morgan Stanley Institutional Global Franchise Fund still held 642,980 shares as of 2020-12-31.

Morgan Stanley Institutional Global Franchise Fund reduced to a holding in FactSet Research Systems Inc by 20.63%. The sale prices were between $306.5 and $351.71, with an estimated average price of $330.53. The stock is now traded at around $317.225000. The impact to a portfolio due to this sale was -0.19%. Morgan Stanley Institutional Global Franchise Fund still held 61,058 shares as of 2020-12-31.