Core Insights - Morgan Stanley reported a total market value of $1.59 trillion for its Q4 2025 holdings, down from $1.67 trillion in the previous quarter, indicating a decrease of approximately 6.26% [1][2] - The firm added 638 new stocks, increased holdings in 2,643 stocks, reduced holdings in 3,425 stocks, and completely sold out of 605 stocks during the quarter [1][2] - The top ten holdings accounted for 26.27% of the total market value [2] Holdings Overview - The top five holdings included: - Nvidia (NVDA): 456.1 million shares valued at approximately $91.17 billion, representing 5.34% of the portfolio, a decrease of 6.65% from the previous quarter [3][4] - Microsoft (MSFT): 148 million shares valued at approximately $71.46 billion, representing 4.49% of the portfolio, a decrease of 6.96% [3][4] - Apple (AAPL): 226 million shares valued at approximately $61.28 billion, representing 3.85% of the portfolio, a decrease of 4.75% [3][4] - Amazon (AMZN): 160 million shares valued at approximately $36.94 billion, representing 2.32% of the portfolio, a decrease of 12.38% [3][4] - Broadcom (AVGO): 93.8 million shares valued at approximately $32.45 billion, representing 2.04% of the portfolio, a decrease of 0.20% [3][4] Trading Activity - The top five new purchases included: - Alphabet Inc. Class C (GOOG): increased by 0.53% [6] - SPDR S&P 500 ETF Put Options (SPY): increased by 0.49% [6] - Eli Lilly and Company (LLY): increased by 0.41% [6] - JPMorgan BetaBuilders Europe ETF (BBEU): increased by 0.28% [6] - iShares U.S. Treasury Bond ETF (GOVT): increased by 0.22% [6] - The top five sales included: - Meta Platforms Inc. (META): decreased by 0.59% [6][5] - Vanguard S&P 500 ETF (VOO): decreased by 0.54% [6][5] - Microsoft (MSFT): decreased by 0.44% [6][5] - iShares Core S&P 500 ETF (IVV): decreased by 0.41% [6][5] - Oracle Corporation (ORCL): decreased by 0.33% [6][5] Sector Focus - Morgan Stanley significantly reduced its holdings in major tech stocks, with all seven major tech giants experiencing sell-offs [7] - The firm also decreased its holdings in tech-heavy S&P 500 index ETFs [7] - Notably, Morgan Stanley established a new position in energy giant TotalEnergies (TTE) during Q4 [8]