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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SWAP GOLDMAN SACHS BOC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Symbotic Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Standard Chartered Bank</name>
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      <invstOrSec>
        <name>Oddity Tech Ltd</name>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>iShares Bitcoin Trust ETF</name>
        <lei>529900HVFN08L8P4H851</lei>
        <title>iShares Bitcoin Trust ETF</title>
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          <isin value="US46438F1012"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Affirm Holdings Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dexcom Inc</name>
        <lei>549300YSK3QDSFR5EU59</lei>
        <title>Dexcom Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Snowflake Inc</name>
        <lei>254900CJNSY1K7T53Z16</lei>
        <title>Snowflake Inc</title>
        <cusip>833445109</cusip>
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          <isin value="US8334451098"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Chase Bank NA</name>
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        <title>CNHP10331 USD CALL/CNH PUT</title>
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        <name>Argenx SE</name>
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        <name>JPMorgan Chase Bank NA</name>
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        <title>CNHP54350 USD CALL/CNH PUT</title>
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      <invstOrSec>
        <name>MicroStrategy Inc</name>
        <lei>549300WQTWEJUEHXQX21</lei>
        <title>MicroStrategy Inc</title>
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        <name>ProKidney Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Chase Bank NA</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>CNHP20226 USD CALL/CNH PUT</title>
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        <fairValLevel>2</fairValLevel>
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            <delta>XXXX</delta>
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      </invstOrSec>
      <invstOrSec>
        <name>Global-e Online Ltd</name>
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        <title>Global-e Online Ltd</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HealthEquity Inc</name>
        <lei>529900LRJU1RAFQHM467</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Peloton Interactive Inc</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROBLOX Corp</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SWAP JP MORGAN BOC</name>
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          <other otherDesc="Internal Identifier" value="996HWW905"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QXO Inc</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley &amp; Co. LLC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goldman Sachs &amp; Co. LLC</name>
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        <name>Chewy Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Rivian Automotive Inc</name>
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        <name>DATABRICKS, INC. SERIES H PREFERRED SHARES</name>
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        <name>Landbridge Co LLC</name>
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        <name>SWAP STAND. CHARTER BANK BOCOC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Toast Inc</name>
        <lei>549300TN1PZNLCD4I551</lei>
        <title>Toast Inc</title>
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        <name>Celsius Holdings Inc</name>
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        <title>Celsius Holdings Inc</title>
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        <name>Royalty Pharma PLC</name>
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        <name>Roivant Sciences Ltd</name>
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        <title>Roivant Sciences Ltd</title>
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        <name>Citigroup Global Markets Inc</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <name>Floor &amp; Decor Holdings Inc</name>
        <lei>549300M5FR3N688XGQ36</lei>
        <title>Floor &amp; Decor Holdings Inc</title>
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        <fairValLevel>1</fairValLevel>
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    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
      <explntrNote note="The Fund may acquire equity securities of an issuer that are issued through a private investment in public equity transaction (PIPE), including on a when-issued basis. PIPE transactions typically involve the purchase of securities directly from a publicly traded company or its affiliates in a private placement transaction, typically at a discount to the market price of the company's securities. The Fund's PIPE investment represents an unfunded subscription agreement in a private investment in public equity. The Fund will earmark or segregate cash or liquid assets or establish a segregated account on the Fund's books in which it will continually maintain cash or cash equivalents or other liquid portfolio securities equal in value to commitments to purchase securities on a forward commitment basis." noteItem="B.2.d"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-21</ncom:dateSigned>
      <ncom:nameOfApplicant>MORGAN STANLEY INSTITUTIONAL FUND TRUST</ncom:nameOfApplicant>
      <ncom:signature>Francis Smith</ncom:signature>
      <ncom:signerName>Francis Smith</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
