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MORGAN STANLEY
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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | DOUGLAS DYNAMICS, INC | PLOW | 96,594 | 36,084 | 2,886,236,000 | 698,173,000 | $29,880.08 |
| 12/31/2022 | DOUGLAS DYNAMICS, INC | PLOW | 60,510 | 2,501 | 2,188,063,000 | 2,186,437,000 | $36,160.35 |
| 09/30/2022 | DOUGLAS DYNAMICS, INC | PLOW | 58,009 | -8,421 | 1,626,000 | -282,000 | $28.03 |
| 06/30/2022 | DOUGLAS DYNAMICS, INC | PLOW | 66,430 | 37,298 | 1,908,000 | 899,000 | $28.72 |
| 03/31/2022 | DOUGLAS DYNAMICS, INC | PLOW | 29,132 | -20,626 | 1,009,000 | -935,000 | $34.64 |
| 12/31/2021 | DOUGLAS DYNAMICS, INC | PLOW | 49,758 | -26,999 | 1,944,000 | -842,000 | $39.07 |
| 09/30/2021 | DOUGLAS DYNAMICS, INC | PLOW | 76,757 | -52,577 | 2,786,000 | -2,475,000 | $36.30 |
| 06/30/2021 | DOUGLAS DYNAMICS, INC | PLOW | 129,334 | 87,473 | 5,261,000 | 3,330,000 | $40.68 |
| 03/31/2021 | DOUGLAS DYNAMICS, INC | PLOW | 41,861 | -67,597 | 1,931,000 | -2,750,000 | $46.13 |
| 12/31/2020 | DOUGLAS DYNAMICS, INC | PLOW | 109,458 | 22,973 | 4,681,000 | 1,723,000 | $42.77 |
| 09/30/2020 | DOUGLAS DYNAMICS, INC | PLOW | 86,485 | -20,380 | 2,958,000 | -795,000 | $34.20 |
| 06/30/2020 | DOUGLAS DYNAMICS, INC | PLOW | 106,865 | -96,510 | 3,753,000 | -3,470,000 | $35.12 |
| 03/31/2020 | DOUGLAS DYNAMICS, INC | PLOW | 203,375 | 167,165 | 7,223,000 | 5,231,000 | $35.52 |
| 12/31/2019 | DOUGLAS DYNAMICS, INC | PLOW | 36,210 | -412 | 1,992,000 | 360,000 | $55.01 |
| 09/30/2019 | DOUGLAS DYNAMICS, INC | PLOW | 36,622 | 19,764 | 1,632,000 | 961,000 | $44.56 |
| 06/30/2019 | DOUGLAS DYNAMICS, INC | PLOW | 16,858 | -28,043 | 671,000 | -1,039,000 | $39.80 |
| 03/31/2019 | DOUGLAS DYNAMICS, INC | PLOW | 44,901 | -762 | 1,710,000 | 71,000 | $38.08 |
| 12/31/2018 | DOUGLAS DYNAMICS, INC | PLOW | 45,663 | -43,471 | 1,639,000 | -2,274,000 | $35.89 |
| 09/30/2018 | DOUGLAS DYNAMICS, INC | PLOW | 89,134 | 23,521 | 3,913,000 | 764,000 | $43.90 |
| 06/30/2018 | DOUGLAS DYNAMICS, INC | PLOW | 65,613 | -10,533 | 3,149,000 | -152,000 | $47.99 |
| 03/31/2018 | DOUGLAS DYNAMICS, INC | PLOW | 76,146 | 18,793 | 3,301,000 | 1,133,000 | $43.35 |
| 12/31/2017 | DOUGLAS DYNAMICS, INC | PLOW | 57,353 | 17,661 | 2,168,000 | 604,000 | $37.80 |
| 09/30/2017 | DOUGLAS DYNAMICS, INC | PLOW | 39,692 | 7,843 | 1,564,000 | 516,000 | $39.40 |
| 06/30/2017 | DOUGLAS DYNAMICS, INC | PLOW | 31,849 | -22,634 | 1,048,000 | 1,046,331 | $32.91 |
| 03/31/2017 | DOUGLAS DYNAMICS, INC | PLOW | 54,483 | -81,958 | 1,669 | -4,589,331 | $0.03 |
| 12/31/2016 | DOUGLAS DYNAMICS, INC | PLOW | 136,441 | 31,059 | 4,591,000 | 1,225,000 | $33.65 |
| 09/30/2016 | DOUGLAS DYNAMICS, INC | PLOW | 105,382 | 105,382 | 3,366,000 | 3,366,000 | $31.94 |
| 06/30/2016 | DOUGLAS DYNAMICS, INC | PLOW | 98,047 | 98,047 | 2,523,000 | 2,523,000 | $25.73 |
| 03/31/2016 | DOUGLAS DYNAMICS, INC | PLOW | 95,320 | 95,320 | 2,183,000 | 2,183,000 | $22.90 |
| 12/31/2015 | DOUGLAS DYNAMICS, INC | PLOW | 109,327 | 109,327 | 2,304,000 | 2,304,000 | $21.07 |
| 09/30/2015 | DOUGLAS DYNAMICS, INC | PLOW | 184,413 | 184,413 | 3,662,000 | 3,662,000 | $19.86 |
| 06/30/2015 | DOUGLAS DYNAMICS, INC | PLOW | 256,076 | 256,076 | 5,501,000 | 5,501,000 | $21.48 |
| 03/31/2015 | DOUGLAS DYNAMICS, INC | PLOW | 178,844 | 178,844 | 4,085,000 | 4,085,000 | $22.84 |
| 12/31/2014 | DOUGLAS DYNAMICS, INC | PLOW | 305,557 | 305,557 | 6,548,000 | 6,548,000 | $21.43 |
| 09/30/2014 | DOUGLAS DYNAMICS, INC | PLOW | 215,625 | 215,625 | 4,204,000 | 4,204,000 | $19.50 |
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