Summary by Futu AI
Morgan Stanley has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission, indicating a significant ownership stake in Carvana Co. As of May 31, 2024, Morgan Stanley and its subsidiary, Morgan Stanley Investment Management Inc., collectively hold an aggregate of 9,643,253 shares of Carvana's Class A Common Stock, representing 8.2% of the class. Morgan Stanley Investment Management Inc. alone holds 9,464,248 shares, accounting for 8.1% of the class. The filing, dated June 10, 2024, confirms that the shares are held in the ordinary course of business and not for the purpose of changing or influencing the control of Carvana. The addresses for both Morgan Stanley entities are listed as 1585 Broadway, New York, NY 10036, and both are organized under the laws of Delaware.