Morningstar
MORN
421 hedge funds and large institutions have $3.79B invested in Morningstar in 2026 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 131 increasing their positions, 174 reducing their positions, and 91 closing their positions.
19% more capital inflows, than outflows
Capital inflows: $945M | Capital outflows: $796M
4.25% more ownership
Funds ownership: 59.57% → 63.81% (+4.2%)
6% less funds holding
Funds holding: 448 → 421 (-27)
24% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 91
25% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 174
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
69% less call options, than puts
Call options by funds: $3.4M | Put options by funds: $11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$476M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$118M |
| 3 |
Brookfield Corp
Toronto,
Ontario, Canada
|
+$27.2M |
| 4 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$25.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$108M |
| 2 |
Two Sigma Investments
New York
|
-$65.2M |
| 3 |
BlackRock
New York
|
-$44.6M |
| 4 |
Morgan Stanley
New York
|
-$42.8M |
| 5 |
Renaissance Technologies
New York
|
-$36.5M |
MORN Hedge Fund Activity: Q2 2026 in Review
421 of the 8,358 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q2 2026, worth a combined $3.79B — down 5% from $3.99B a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of MORN and 69 opened new positions — a net loss of 22 holders — while 174 trimmed existing stakes and 131 added.
The largest buyer was BAMCO Inc, adding an estimated $476M. The largest seller was Select Equity Group, exiting entirely with an estimated $108M sold.
- 421 institutional investors held Morningstar (MORN) as of Q2 2026, down from 448 in Q1 2026.
- Funds reported $3.79B of Morningstar stock for Q2 2026, down 5% quarter-over-quarter.
- 69 funds opened new Morningstar positions in Q2 2026 and 91 closed out, a net change of -22 holders.
- The largest Morningstar buyer in Q2 2026 was BAMCO Inc, an estimated $476M added.
- The largest Morningstar seller in Q2 2026 was Select Equity Group, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2026.