Securities borrowed
Current AssetsMorgan Stanley Securities borrowed decreased by 52.5% to $38.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 98.2%, from $2.08B to $38.00M. Over 5 years (FY 2020 to FY 2025), Securities borrowed shows a downward trend with a -79.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
An increase often correlates with higher trading volume and market-making activity, whereas a decrease may signal reduced market participation or tighter risk appetite.
Detailed definition
This represents securities obtained from counterparties, typically to cover short positions or to facilitate client trad...
Peer comparison
Common in large investment banks with significant prime brokerage and trading desks.
Metric ID:
fin_securities_borrowedHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $126.70B | $125.92B | $129.71B | $849.00M | $493.00M | $820.00M | $133.37B | $620.00M | $768.00M | $380.00M | $607.00M | $447.00M | $486.00M | $2.88B | $2.08B | $2.01B | $159.00M | $80.00M | $38.00M |
| QoQ Change | — | -0.6% | +3.0% | -99.3% | -41.9% | +66.3% | >999% | -99.5% | +23.9% | -50.5% | +59.7% | -26.4% | +8.7% | +492.0% | -27.7% | -3.6% | -92.1% | -49.7% | -52.5% |
| YoY Change | — | — | — | — | -99.6% | -99.3% | +2.8% | -27.0% | +55.8% | -53.7% | -99.5% | -27.9% | -36.7% | +657.1% | +242.5% | +348.5% | -67.3% | -97.2% | -98.2% |
Range$38.00M – $133.37B
CAGR-83.5%
Avg YoY Growth+40.0%
Median YoY Growth-36.7%
Current Streak5 quarters decline
Securities borrowed at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's securities borrowed?
- Morgan Stanley (MS) reported securities borrowed of $38.00M in Q4 2025.
- How has Morgan Stanley's securities borrowed changed year-over-year?
- Morgan Stanley's securities borrowed decreased by 98.2% year-over-year, from $2.08B to $38.00M.
- What is the long-term trend for Morgan Stanley's securities borrowed?
- Over 5 years (2020 to 2025), Morgan Stanley's securities borrowed has grown at a -79.8% compound annual growth rate (CAGR), from $112.39B to $38.00M.
- What does securities borrowed mean?
- Securities temporarily obtained from other parties, usually backed by collateral.