MORGAN STANLEY recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Morgan Stanley has its roots in the early to mid-1900s, tracing back to the history of JP Morgan & Co. and the Dean Witter brokerage house. The firm opened its doors in 1935, growing and going through a major restructuring in 1941 to allow for further expansion. In 1962, Morgan Stanley would create one of the first computer models for financial analysis. From then on the company would expand nationally and internationally, opening an office in Paris by 1967 and in Tokyo by 1970 and acquiring other companies through its Mergers & Acquisitions division in 1971. In 1984, Morgan Stanley would develop the first automated trade processing system, going public in 1986 as the company required more capital for growth. It would continue to expand globally, establishing the Morgan Stanley International Foundation in 1995. In 1997, it would merge with Dean, Witter, Discover & Co., creating the world’s largest securities firm. As the firm continued to hold a dominant role in innovative technologies, underwriting many large global tech IPOs, it would become the top ranked globally in equity trading and underwriting in 2004 under the lead of Phil Purcell. In 2008, Morgan Stanley would become a bank holding company, continuing to acquire companies such as Smith Barney from CitiGroup. Morgan Stanley’s subsidiaries are split into three groups: the Institutional Securities Group, which provides financial advisory and services in equity activities, fixed income securities, and related products; Wealth Management, which includes brokerage and investment advisory services; and Investment Management, which provides investment strategies. Some of its notable mutual funds include the S&P Financials Select Index and some of its ETFs include the S&P 500 SPDR and iShares Core. Morgan Stanley currently operates in 42 countries, having 1300 offices and 60 thousand employees that manage its over $800 billion in total assets.
As of the latest 13F report, the guru’s equity portfolio contained 7729 stocks valued at a total of $769.58Bil. The top holdings were MSFT(3.40%), AAPL(3.24%), and AMZN(1.66%).
According to GuruFocus data, these were MORGAN STANLEY’s top five trades of the quarter.
iQIYI Inc
MORGAN STANLEY reduced their investment in NAS:IQ by 1,692,347 shares. The trade had a 0% impact on the equity portfolio. During the quarter, the stock traded for an average price of $3.82.
On 08/16/2022, iQIYI Inc traded for a price of $4.04 per share and a market cap of $3.48Bil. The stock has returned -57.34% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, iQIYI Inc has a price-book ratio of 3.24, a EV-to-Ebitda ratio of -10.32 and a price-sales ratio of 0.68.
The price-to-GF Value ratio is 0.24, earning the stock a GF Value rank of 2.
Microsoft Corp
During the quarter, MORGAN STANLEY bought 34,290,446 shares of NAS:MSFT for a total holding of 101,931,745. The trade had a 1.14% impact on the equity portfolio. During the quarter, the stock traded for an average price of $271.99.
On 08/16/2022, Microsoft Corp traded for a price of $293.47 per share and a market cap of $2,188.67Bil. The stock has returned 1.04% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Microsoft Corp has a price-earnings ratio of 30.42, a price-book ratio of 13.15, a price-earnings-to-growth (PEG) ratio of 1.48, a EV-to-Ebitda ratio of 21.38 and a price-sales ratio of 11.16.
The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 6.
Apple Inc
During the quarter, MORGAN STANLEY bought 57,354,788 shares of NAS:AAPL for a total holding of 182,450,565. The trade had a 1.02% impact on the equity portfolio. During the quarter, the stock traded for an average price of $151.81.
On 08/16/2022, Apple Inc traded for a price of $173.19 per share and a market cap of $2,783.29Bil. The stock has returned 16.76% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Apple Inc has a price-earnings ratio of 28.58, a price-book ratio of 47.97, a price-earnings-to-growth (PEG) ratio of 2.01, a EV-to-Ebitda ratio of 21.67 and a price-sales ratio of 7.34.
The price-to-GF Value ratio is 1.02, earning the stock a GF Value rank of 6.
Amazon.com Inc
During the quarter, MORGAN STANLEY bought 35,357,182 shares of NAS:AMZN for a total holding of 120,385,962. The trade had a 0.49% impact on the equity portfolio. During the quarter, the stock traded for an average price of $125.73.
On 08/16/2022, Amazon.com Inc traded for a price of $143.18 per share and a market cap of $1,458.65Bil. The stock has returned -13.07% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Amazon.com Inc has a price-earnings ratio of 128.31, a price-book ratio of 11.10, a price-earnings-to-growth (PEG) ratio of 3.06, a EV-to-Ebitda ratio of 30.04 and a price-sales ratio of 3.02.
The price-to-GF Value ratio is 0.76, earning the stock a GF Value rank of 10.
S&P 500 ETF TRUST ETF
MORGAN STANLEY reduced their investment in ARCA:SPY by 8,086,440 shares. The trade had a 0.49% impact on the equity portfolio. During the quarter, the stock traded for an average price of $408.8.
On 08/16/2022, S&P 500 ETF TRUST ETF traded for a price of $428.86 per share and a market cap of $394.50Bil. The stock has returned -2.46% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 20.29, a price-book ratio of 3.87, a price-earnings-to-growth (PEG) ratio of 2.44, a EV-to-Ebitda ratio of 15.24 and a price-sales ratio of 3.02.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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