SCHEDULE: Morgan Stanley Reduces Stake in Core & Main

Morgan Stanley and its subsidiary, Morgan Stanley Investment Management Inc., have filed a Schedule 13G indicating a reduction in their beneficial ownership of Core & Main, Inc. Class A Common Stock to below the 5% threshold.

Summary

• Morgan Stanley and its subsidiary, Morgan Stanley Investment Management Inc., have filed an amendment to their Schedule 13G filing for Core & Main, Inc.
• As of March 31, 2026, Morgan Stanley Investment Management Inc. beneficially owns 3,339,088 shares, representing 1.8% of the class of securities.
• Morgan Stanley, as a parent holding company, also reports its beneficial ownership, which has fallen below the 5% threshold.
• The filing indicates that these entities have ceased to be beneficial owners of more than five percent of the class of securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports a reduction in ownership below a reporting threshold, which is a standard regulatory disclosure and does not inherently signal positive or negative performance for the company.

Negatives

• Morgan Stanley and its subsidiary have reduced their beneficial ownership of Core & Main, Inc. Class A Common Stock to below the 5% reporting threshold.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that this filing is a routine disclosure under SEC regulations, indicating a change in significant beneficial ownership. Such filings are common for institutional investors adjusting their portfolios.

Stakeholder Impact

• Shareholders may note the reduced institutional ownership by Morgan Stanley, which could be interpreted in various ways depending on market sentiment and the reasons for the reduction.

Key Dates

Keywords

Core & Main, Morgan Stanley, Schedule 13G, Beneficial Ownership, Securities Filing, Investment Management