Bitcoin drives Morgan Stanley fund’s strategy with key positions in IBIT and MicroStrategy

Share This Post

Quick Take

According to a recent SEC filing, the Morgan Stanley Institutional Fund, Inc. – Counterpoint Global Portfolio reported total net assets of $10,042,729 as of June 30, 2024. The portfolio holds 216 different investments and has a portfolio turnover rate of 51% for the first half of the year.

Among the portfolio’s top ten holdings, notable investments include the iShares Bitcoin Trust (BlackRock IBIT ETF), which represents 2.1% of total assets—roughly a $211,000 stake. MicroStrategy, known for its significant Bitcoin holdings, ranks fourth with a 4.0% portfolio weighting, or approximately a $402,000 investment. While not a dedicated digital assets company, Tesla is the second-largest holding, accounting for 6.1% of the portfolio, reflecting its notable Bitcoin exposure as part of its corporate strategy.

Top Ten Holdings Morgan Stanley Counterpoint Global Portfolio: (Source: Sec.gov)
Top Ten Holdings Morgan Stanley Counterpoint Global Portfolio: (Source: Sec.gov)

These positions highlight the portfolio’s significant exposure to digital assets and related companies, reflecting a broader interest in Bitcoin and its influence on the corporate sector.

The post Bitcoin drives Morgan Stanley fund’s strategy with key positions in IBIT and MicroStrategy appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto CEO Falls: AML Bitcoin’s Founder Faces 30 Years for Fraud and Laundering

A cryptocurrency CEO has been convicted of wire fraud and money laundering after deceiving investors, raising millions through false claims, and laundering funds for personal luxury purchases AML

Bitcoin Price Above $100,000 Again? Chart Patterns Show What’s Coming Next

Crypto analyst Madden has raised the possibility of the Bitcoin price rallying above $100,000 again, providing a bullish outlook for the flagship crypto His analysis showed what is coming next for

Layer-3s are a necessary innovation in crypto

The following is a guest post from Rob Viglione, CEO at Horizen Labs If we had stopped at dial-up internet, we’d never have gotten Netflix, real-time gaming, or cloud computing The evolution of

Pi Coin Price Prediction: Is $3 Still Possible After 20% Dip?

The post Pi Coin Price Prediction: Is $3 Still Possible After 20% Dip appeared first on Coinpedia Fintech News The price of Pi Network’s token, Pi has recently experienced major selling pressure,

Bitcoin Bullish Trend In Jeopardy As BTC Price Stumbles Near $85,211

Bitcoin’s recent price movement near the $85,211 level has revealed several technical red flags, suggesting potential weakness in its bullish momentum Despite multiple attempts to break through

‘Ripple is Never Going to Win’: Popular Author Questions XRP’s Real Use Case

The post ‘Ripple is Never Going to Win’: Popular Author Questions XRP’s Real Use Case appeared first on Coinpedia Fintech News Despite ongoing legal battles, Ripple’s XRP token continues to