MAGN: Morgan Stanley Reveals 1.9M-Share Passive Position

Rhea-AI Filing Summary

Morgan Stanley has filed a Schedule 13G disclosing a passive ownership stake in Magnera Corp (MAGN).

• Event date: 30 Jun 2025; filing date: 6 Aug 2025.
• Aggregate beneficial ownership: 1,937,474 common shares, representing 5.4 % of Magnera’s outstanding stock.
• Voting/Dispositive power: 0 shares sole; 1,374,596 shares shared voting; 1,380,915 shares shared dispositive.
• Reporting person is classified as a parent holding company/control person (HC, CO) incorporated in Delaware.
• The certification states the shares were acquired in the ordinary course of business with no intent to influence control.

Crossing the 5 % threshold triggers the 13G requirement and signals growing institutional interest, yet the passive filing suggests no activist agenda. No other material transactions or financial data are included.

Positive

• Institutional validation: Morgan Stanley’s 5.4 % holding may improve market perception and liquidity for MAGN shares.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine 13G: Morgan Stanley now owns 5.4 % of MAGN; passive stake, modestly supportive but not transformative.

The disclosure confirms Morgan Stanley’s aggregated desks control roughly 1.94 M MAGN shares. Passing the 5 % line signals heightened institutional engagement, which can improve liquidity and broaden analyst coverage. Because the filing is on Schedule 13G (vs. 13D), the bank affirms it has no plans to influence management, limiting implications for strategy or governance. The stake is meaningful for a micro-/small-cap issuer but not large enough to confer control. Overall impact on valuation should be modestly positive due to perceived validation from a Tier-1 institution, yet it does not alter fundamentals or introduce activist catalysts.

Corporate Governance Specialist

TL;DR: Passive 5 % stake improves ownership profile; no governance pressure expected.

Morgan Stanley’s HC classification indicates multiple subsidiaries hold the shares. With zero sole voting power, influence is diffused and coordinated action is unlikely. The certification language explicitly disclaims control intent, reducing the probability of board challenges or policy proposals. While the increased institutional presence could enhance oversight indirectly, management autonomy remains intact. Stakeholders should not anticipate governance shifts stemming from this filing.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Magnera Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

55939A107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 55939A107

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,374,596.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,380,915.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,937,474.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.4 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Magnera Corp
(b)	Address of issuer's principal executive offices: 9335 HARRIS CORNERS PKWY, SUITE 300, CHARLOTTE, NC, 28269
Item 2.
(a)	Name of person filing: Morgan Stanley
(b)	Address or principal business office or, if none, residence: 1585 Broadway, New York, NY 10036
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 55939A107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 5.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Christopher O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	08/06/2025

FAQ

Why did Morgan Stanley file a Schedule 13G on Magnera Corp (MAGN)?

Because its aggregated ownership exceeded the 5 % threshold (1.94 M shares, 5.4 % of the class), triggering a passive ownership disclosure.

Is Morgan Stanley seeking to influence control at Magnera Corp?

No. The 13G filing and accompanying certification state the shares were acquired in the ordinary course of business with no intent to influence control.

How much voting power does Morgan Stanley have in MAGN?

It reports 1,374,596 shares with shared voting power and 0 shares with sole voting power.

What percentage of Magnera Corp’s stock does Morgan Stanley now hold?

The filing lists an aggregate ownership of 5.4 % of outstanding common stock.

Does the filing indicate any potential activist campaign?

No. A Schedule 13G, unlike a 13D, denotes a passive investment without activist intentions.