Morgan Stanley Reports New 7.1% Passive Stake in XPLR Infrastructure, LP

On May 15, 2026, Morgan Stanley filed a Schedule 13G reporting a new significant passive stake in XPLR Infrastructure, LP (ticker: XIFR). As of the event date on March 31, 2026, Morgan Stanley beneficially owns 6,664,798 common units, representing a 7.1% ownership stake in the company. The filing indicates that these shares were acquired in the ordinary course of business and not with the intent to influence or change the control of the issuer. The reporting persons include Morgan Stanley and its subsidiary, Morgan Stanley Capital Services LLC, both Delaware-based entities. Specifically, Morgan Stanley Capital Services LLC is reported to beneficially own 6,272,802 shares, or approximately 6.7% of the class. The filing reflects shared voting power over 4,713,639 shares and shared dispositive power over the full 6,664,798 shares. This position represents a significant increase from a previously reported 0% stake, crossing the 5% threshold required for SEC disclosure.