Avery Dennison Corporation
MX ˙ BMV ˙ US0536111091
SecurityMX:AVY / Avery Dennison Corporation
InstitutionMorgan Stanley
Latest Disclosed Ownership3,636,754 shares
Latest Disclosed Value $ 627,995,573
Morgan Stanley reports 6.02% decrease in ownership of AVY / Avery Dennison Corporation

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 3,636,754 shares of Avery Dennison Corporation (MX:AVY) valued at $627,995,573 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 3,869,889 shares of Avery Dennison Corporation. This represents a change in shares of -6.02% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F AVERY DENNISON COM 053611109 3,636,754 -233,135 -6.02 627,996 -10.78 0.0378
2026-05-27 2025-12-31 13F/A-1 AVERY DENNISON COM 053611109 3,869,889 647,795 20.10 703,856 34.70 0.0420
2026-02-13 2025-12-31 13F AVERY DENNISON COM 053611109 3,869,889 647,795 703,856 0.0420
2026-05-27 2025-09-30 13F/A-1 AVERY DENNISON COM 053611109 3,222,094 373,626 13.12 522,528 4.54 0.0316
2025-11-14 2025-09-30 13F AVERY DENNISON COM 053611109 3,222,094 373,626 522,528 0.0316
2025-08-15 2025-06-30 13F AVERY DENNISON COM 053611109 2,848,468 177,712 6.65 499,822 5.16 0.0326
2025-05-15 2025-03-31 13F AVERY DENNISON COM 053611109 2,670,756 282,982 11.85 475,315 6.38 0.0340
2025-05-15 2024-12-31 13F/A-1 AVERY DENNISON COM 053611109 2,387,774 -6,843 -0.29 446,825 -15.48 0.0313
2025-02-14 2024-12-31 13F AVERY DENNISON COM 053611109 2,387,774 -6,843 446,825 0.0313
2025-05-14 2024-09-30 13F/A-2 AVERY DENNISON COM 053611109 2,394,617 462,764 23.95 528,637 25.15 0.0383
2025-02-14 2024-09-30 13F/A-1 AVERY DENNISON COM 053611109 2,394,617 462,764 528,637 0.0383
2024-11-14 2024-09-30 13F AVERY DENNISON COM 053611109 2,394,617 462,764 528,637 0.0046
2025-05-14 2024-06-30 13F/A-2 AVERY DENNISON COM 053611109 1,931,853 -402 -0.02 422,400 -2.08 0.0327
2024-10-17 2024-06-30 13F/A-1 AVERY DENNISON COM 053611109 1,931,853 -402 422,400 0.0327
2024-08-14 2024-06-30 13F AVERY DENNISON COM 053611109 1,931,853 -402 422,400 0.0327
2024-10-17 2024-03-31 13F/A-2 AVERY DENNISON COM 053611109 1,932,255 152,003 8.54 431,377 19.86 0.0346
2024-08-16 2024-03-31 13F/A-1 AVERY DENNISON COM 053611109 1,932,255 152,003 431,377 0.0041
2024-05-15 2024-03-31 13F AVERY DENNISON COM 053611109 1,932,255 152,003 431,377 0.0346
2024-08-16 2023-12-31 13F/A-1 AVERY DENNISON COM 053611109 1,780,252 -8,069 -0.45 359,896 10.17 0.0317
2024-02-13 2023-12-31 13F AVERY DENNISON COM 053611109 1,780,252 -8,069 359,896 0.0317
2023-11-15 2023-09-30 13F AVERY DENNISON COM 053611109 1,788,321 639,521 55.67 326,673 65.52 0.0332
2023-08-14 2023-06-30 13F AVERY DENNISON COM 053611109 1,148,800 392,863 51.97 197,364 45.91 0.0195
2023-05-15 2023-03-31 13F AVERY DENNISON COM 053611109 755,937 -100,948 -11.78 135,260 -12.79 0.0145
2023-02-14 2022-12-31 13F AVERY DENNISON COM 053611109 856,885 237,539 38.35 155,096 53.91 0.0176
2022-11-14 2022-09-30 13F AVERY DENNISON COM 053611109 619,346 -29,931 -4.61 100,769 -4.12 0.0137
2022-10-27 2022-06-30 13F/A-1 AVERY DENNISON COM 053611109 649,277 307,963 90.23 105,098 77.00 0.0136
2022-08-15 2022-06-30 13F AVERY DENNISON COM 053611109 649,277 307,963 105,098 0.0028
2022-10-27 2022-03-31 13F/A-1 AVERY DENNISON COM 053611109 341,314 59,911 21.29 59,378 -2.57 0.0080
2022-05-13 2022-03-31 13F AVERY DENNISON COM 053611109 341,314 59,911 59,378 0.0080
2022-02-14 2021-12-31 13F AVERY DENNISON COM 053611109 281,403 -41,061 -12.73 60,943 -8.79 0.0075
2021-11-15 2021-09-30 13F AVERY DENNISON COM 053611109 322,464 3,431 1.08 66,817 -0.38 0.0090
2021-08-23 2021-06-30 13F/A-1 AVERY DENNISON COM 053611109 319,033 110,115 52.71 67,073 74.81 0.0088
2021-08-16 2021-06-30 13F AVERY DENNISON COM 053611109 319,033 110,115 67,073 0.0018
2021-05-17 2021-03-31 13F AVERY DENNISON COM 053611109 208,918 -37,821 -15.33 38,368 0.25 0.0056
2021-02-16 2020-12-31 13F AVERY DENNISON COM 053611109 246,739 56,211 29.50 38,271 57.12 0.0059
2020-11-13 2020-09-30 13F AVERY DENNISON COM 053611109 190,528 28,099 17.30 24,358 31.44 0.0047
2020-08-14 2020-06-30 13F AVERY DENNISON COM 053611109 162,429 -101,241 -38.40 18,531 -31.01 0.0041
2020-05-26 2020-03-31 13F/A-1 AVERY DENNISON COM 053611109 263,670 -85,435 -24.47 26,860 -41.19 0.0073
2020-05-15 2020-03-31 13F AVERY DENNISON COM 053611109 263,670 -85,435 26,860 2,063.4079
2020-02-14 2019-12-31 13F AVERY DENNISON COM 053611109 349,105 151,925 77.05 45,669 103.92 0.0106
2019-11-14 2019-09-30 13F AVERY DENNISON COM 053611109 197,180 28,191 16.68 22,395 14.56 0.0059
2019-08-14 2019-06-30 13F AVERY DENNISON COM 053611109 168,989 -81,653 -32.58 19,549 -30.98 0.0052
2019-05-15 2019-03-31 13F AVERY DENNISON COM 053611109 250,642 42,406 20.36 28,322 51.41 0.0080
2019-02-14 2018-12-31 13F AVERY DENNISON COM 053611109 208,236 -104,920 -33.50 18,706 -44.87 0.0056
2019-04-23 2018-09-30 13F/A-2 AVERY DENNISON COM 053611109 313,156 -19,754 -5.93 33,932 -0.17 0.0085
2018-11-20 2018-09-30 13F/A-1 AVERY DENNISON COM 053611109 313,156 0 33,932 0.0085
2018-11-14 2018-09-30 13F AVERY DENNISON COM 053611109 313,156 -19,754 33,932
2019-04-23 2018-06-30 13F/A-1 AVERY DENNISON COM 053611109 332,910 -570,512 -63.15 33,990 -64.59 0.0092
2018-08-14 2018-06-30 13F AVERY DENNISON COM 053611109 332,910 -570,512 33,990
2019-04-23 2018-03-31 13F/A-1 AVERY DENNISON COM 053611109 903,422 401,363 79.94 95,989 66.45 0.0266
2018-05-14 2018-03-31 13F AVERY DENNISON COM 053611109 903,422 401,363 95,989
2019-04-23 2017-12-31 13F/A-1 AVERY DENNISON COM 053611109 502,059 -81,637 -13.99 57,667 0.46 0.0158
2018-02-14 2017-12-31 13F AVERY DENNISON COM 053611109 502,059 -81,637 57,667
2017-11-14 2017-09-30 13F AVERY DENNISON COM 053611109 583,696 3,688 0.64 57,401 11.99 0.0172
2017-08-11 2017-06-30 13F AVERY DENNISON COM 053611109 580,008 -213,586 -26.91 51,256 -19.87 0.0155
2017-05-22 2017-03-31 13F/A-1 AVERY DENNISON COM 053611109 793,594 -156,246 -16.45 63,963 -4.10 0.0197
2017-05-12 2017-03-31 13F AVERY DENNISON COM 053611109 793,594 63,963
2017-02-22 2016-12-31 13F/A-1 AVERY DENNISON COM 053611109 949,840 390,399 69.78 66,697 53.26 0.0218
2017-02-13 2016-12-31 13F AVERY DENNISON COM 053611109 949,840 66,697
2016-11-10 2016-09-30 13F AVERY DENNISON COM 053611109 559,441 -11,213 -1.96 43,520 2.03 0.0149
2016-08-12 2016-06-30 13F AVERY DENNISON COM 053611109 570,654 71,902 14.42 42,656 18.60 0.0154
2016-05-12 2016-03-31 13F AVERY DENNISON COM 053611109 498,752 -115,163 -18.76 35,965 -6.51 0.0138
2016-02-09 2015-12-31 13F AVERY DENNISON COM 053611109 613,915 155,280 33.86 38,468 48.27 0.0139
2016-02-08 2015-09-30 13F/A-1 AVERY DENNISON COM 053611109 458,635 317,097 224.04 25,945 200.85 0.0096
2015-11-09 2015-09-30 13F AVERY DENNISON COM 053611109 458,635 25,945
2015-08-12 2015-06-30 13F AVERY DENNISON COM 053611109 141,538 -1,454 -1.02 8,624 13.97 0.0030
2015-05-14 2015-03-31 13F AVERY DENNISON COM 053611109 142,992 -195,339 -57.74 7,567 -56.89 0.0028
2015-02-13 2014-12-31 13F AVERY DENNISON COM 053611109 338,331 41,078 13.82 17,553 32.25 0.0064
2014-12-16 2014-09-30 13F/A-1 AVERY DENNISON COM 053611109 297,253 91,183 44.25 13,273 25.68 0.0051
2014-11-14 2014-09-30 13F AVERY DENNISON COM 053611109 297,253 13,273
2014-08-12 2014-06-30 13F AVERY DENNISON COM 053611109 206,070 -289,851 -58.45 10,561 -57.97 0.0181
2014-05-13 2014-03-31 13F AVERY DENNISON COM 053611109 495,921 -47,781 -8.79 25,128 -7.92 0.0105
2014-02-13 2013-12-31 13F AVERY DENNISON COM 053611109 543,702 -26,840 -4.70 27,289 9.90 0.0116
2013-11-13 2013-09-30 13F AVERY DENNISON CORP CA COM COM 053611109 570,542 255,616 81.17 24,830 84.38 0.0117
2013-08-08 2013-06-30 13F AVERY DENNISON CORP CA COM COM 053611109 314,926 314,926 13,467 0.0068
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.