Richard Pzena's MS Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 472,239 shares of Morgan Stanley (MS) worth $83.84 M, representing 0.25% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Richard Pzena has maintained a long-term strategic position in MS, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2016, adding 3.17 M shares. Largest reduction occurred in Q1 2021, reducing 1.66 M shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Morgan Stanley (MS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Morgan Stanley (MS) Trades by Richard Pzena
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -313,358 | Reduce 39.89% | 472,239 | $177.53 |
| Q3 2025 | -5,570 | Reduce 0.70% | 785,597 | $158.96 |
| Q2 2025 | +27,993 | Add 3.67% | 791,167 | $140.86 |
| Q1 2025 | +14,190 | Add 1.89% | 763,174 | $116.67 |
| Q4 2024 | -1,204 | Reduce 0.16% | 748,984 | $125.72 |
| Q3 2024 | +365 | Add 0.05% | 750,188 | $104.24 |
| Q2 2024 | -2,011 | Reduce 0.27% | 749,823 | $97.19 |
| Q1 2024 | +2,043 | Add 0.27% | 751,834 | $94.16 |
| Q4 2023 | +545 | Add 0.07% | 749,791 | $93.25 |
| Q3 2023 | -950 | Reduce 0.13% | 749,246 | $81.67 |
| Q2 2023 | -4,260 | Reduce 0.56% | 750,196 | $85.40 |
| Q1 2023 | -4,202 | Reduce 0.55% | 754,456 | $87.80 |
| Q4 2022 | -4,855 | Reduce 0.64% | 758,658 | $85.02 |
| Q3 2022 | -15,433 | Reduce 1.98% | 763,513 | $79.01 |
| Q2 2022 | -54,048 | Reduce 6.49% | 778,946 | $76.06 |
| Q1 2022 | -186,002 | Reduce 18.25% | 832,994 | $87.40 |
| Q4 2021 | -735,560 | Reduce 41.92% | 1.02 M | $98.16 |
| Q3 2021 | -654,722 | Reduce 27.18% | 1.75 M | $97.31 |
| Q2 2021 | -909,720 | Reduce 27.41% | 2.41 M | $91.69 |
| Q1 2021 | -1.66 M | Reduce 33.38% | 3.32 M | $77.66 |
| Q4 2020 | -1.2 M | Reduce 19.36% | 4.98 M | $68.53 |
| Q3 2020 | -1.21 M | Reduce 16.34% | 6.18 M | $48.35 |
| Q2 2020 | -1.09 M | Reduce 12.91% | 7.38 M | $48.30 |
| Q1 2020 | -215,769 | Reduce 2.48% | 8.48 M | $34.00 |
| Q4 2019 | +80,038 | Add 0.93% | 8.7 M | $51.12 |
| Q3 2019 | -280,133 | Reduce 3.15% | 8.62 M | $42.67 |
| Q2 2019 | -90,725 | Reduce 1.01% | 8.9 M | $43.81 |
| Q1 2019 | -276,499 | Reduce 2.99% | 8.99 M | $42.20 |
| Q4 2018 | +1.16 M | Add 14.37% | 9.26 M | $39.65 |
| Q3 2018 | -148,181 | Reduce 1.80% | 8.1 M | $46.57 |
| Q2 2018 | +47,260 | Add 0.58% | 8.25 M | $47.40 |
| Q1 2018 | -503,167 | Reduce 5.78% | 8.2 M | $53.96 |
| Q4 2017 | -324,847 | Reduce 3.60% | 8.7 M | $52.47 |
| Q3 2017 | -76,734 | Reduce 0.84% | 9.03 M | $48.17 |
| Q2 2017 | -112,061 | Reduce 1.22% | 9.1 M | $44.56 |
| Q1 2017 | -755,947 | Reduce 7.58% | 9.22 M | $42.84 |
| Q4 2016 | -1.37 M | Reduce 12.08% | 9.97 M | $42.25 |
| Q3 2016 | -1.55 M | Reduce 12.02% | 11.34 M | $32.06 |
| Q2 2016 | +243,574 | Add 1.93% | 12.89 M | $25.98 |
| Q1 2016 | +3.17 M | Add 33.38% | 12.65 M | $25.01 |
| Q4 2015 | -194,547 | Reduce 2.01% | 9.48 M | $31.81 |
| Q3 2015 | -187,202 | Reduce 1.90% | 9.68 M | $31.50 |
| Q2 2015 | -1.19 M | Reduce 10.75% | 9.87 M | $38.79 |
| Q1 2015 | -514,688 | Reduce 4.45% | 11.05 M | $35.69 |
| Q4 2014 | -982,142 | Reduce 7.83% | 11.57 M | $38.80 |
| Q3 2014 | -406,301 | Reduce 3.14% | 12.55 M | $34.57 |
| Q2 2014 | +676,780 | Add 5.51% | 12.96 M | $32.33 |
| Q1 2014 | -204,073 | Reduce 1.63% | 12.28 M | $31.17 |
| Q4 2013 | -245,735 | Reduce 1.93% | 12.48 M | $31.36 |
| Q3 2013 | -541,295 | Reduce 4.08% | 12.73 M | $26.95 |
| Q2 2013 | +13.27 M | Add 0.00% | 13.27 M | $24.43 |
Richard Pzena's Morgan Stanley Investment FAQs
Richard Pzena first purchased Morgan Stanley (MS) in Q2 2013, acquiring 13,271,340 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena has held Morgan Stanley (MS) for 51 quarters since Q2 2013.
Richard Pzena's largest addition to Morgan Stanley (MS) was in Q2 2013, adding 13,271,340 shares worth $324.22 M.
According to the latest 13F filing for Q4 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 472,239 shares of Morgan Stanley (MS), valued at approximately $83.84 M.
As of the Q4 2025 filing, Morgan Stanley (MS) represents approximately 0.25% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Morgan Stanley (MS) was 13,271,340 shares, as reported at the end of Q2 2013.