Vanguard Capital Management Reports New 5.65% Passive Stake in Morgan Stanley

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.65% stake in Morgan Stanley (MS). As of the event date of March 31, 2026, the firm beneficially owns 89,855,360 shares of common stock. This represents a significant increase from a previous ownership level of 0.0%, marking a major entry into the issuer's equity. The filing indicates that Vanguard holds sole dispositive power over all 89,855,360 shares, while maintaining sole voting power over 12,140,228 shares. The shares were acquired in the ordinary course of business, as certified under Rule 13d-1(b), indicating a passive investment intent rather than an attempt to influence or change control of the company. The reporting entity includes various affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5%. This filing establishes Vanguard as a major institutional shareholder in the financial services giant.