IPHA β€” INNATE PHARMA S A

Ownership history in MORGAN STANLEY  Β·  24 quarters on record

This page tracks every 13F SEC filing in which MORGAN STANLEY reported a position in INNATE PHARMA S A (IPHA). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

Position Intelligence

MORGAN STANLEY Γ— IPHA AI Analytics

πŸ“‰ MORGAN STANLEY underperformed the S&P 500 by –26.1% annually on this IPHA position. Timing score: 45% (9/20 decisions correct). Average cost basis: $4.12. Maximum drawdown during holding period: –74.5%.

πŸ“ˆ Position Alpha vs SPY
-26.1%
annualised excess return

❌ Significantly underperformed the S&P 500 by 26.1% ann.
23 quarters analyzed

⏱️ Timing Score
45%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
9 of 20 add/trim decisions correct

πŸ’° Entry Quality
$4.12
-57.5% vs current ($1.75)

Best entry: $1.82 (2025 Q2)  Β·  Worst: $6.85 (2020 Q2)

πŸ›‘οΈ Drawdown Resilience
–74.5%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
52%
buy-side decisions

11 adds Β· 10 trims. Bought during 4 of 12 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    IPHA price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 46,394 -7,170 -13.4% 0.00% $81K $1.75
2025 Q3 ADDED 53,564 +2,340 +4.6% 0.00% $103K $1.93
2025 Q2 ADDED 51,224 +7,700 +17.7% 0.00% $93K $1.82
2025 Q1 UNCHANGED 43,524 β€” 0% 0.00% $77K $1.78
2024 Q4 UNCHANGED 43,524 β€” 0% 0.00% $80K $1.84
2024 Q3 UNCHANGED 43,524 β€” 0% 0.00% $100K $2.29
2024 Q2 REDUCED 43,524 -600 -1.4% 0.00% $84K $1.94
2024 Q1 REDUCED 44,124 -2,230 -4.8% 0.00% $127K $2.88
2023 Q4 ADDED 46,354 +1,400 +3.1% 0.00% $130K $2.80
2023 Q3 REDUCED 44,954 -2,095 -4.5% 0.00% $114K $2.53
14 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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