Morningstar
MORN
140 hedge funds and large institutions have $1.34B invested in Morningstar in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 21 closing their positions.
16% more capital invested
Capital invested by funds: $1.16B → $1.34B (+$184M)
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 147 → 140 (-7)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
57% less call options, than puts
Call options by funds: $97K | Put options by funds: $225K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$18.6M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
+$15M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$4.7M |
| 4 |
Bank of New York Mellon
New York
|
+$4.57M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$7.47M |
| 3 |
RA
Royce & Associates
New York
|
-$6.92M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$4.1M |
| 5 |
CIA
Capital Impact Advisors
Boston,
Massachusetts
|
-$2.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
151
Guggenheim Capital
Chicago,
Illinois
| – | -$257K | -3,964 | Closed |
|
|
HCM
152
Highbridge Capital Management
New York
| – | -$211K | -3,262 | Closed |
|
|
MSA
153
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$135K | -2,090 | Closed |
|
154
Parallax Volatility Advisers
San Francisco,
California
| – | -$148K | -2,083 | Closed |
|
155
Creative Planning
Overland Park,
Kansas
| – | -$27K | -410 | Closed |
|
|
KTC
156
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$17K | -267 | Closed |
|
|
BRWA
157
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$14 | -223 | Closed |
|
|
ECM
158
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$3K | -46 | Closed |
|
|
NPC
159
National Planning Corporation
El Segundo,
California
| – | -$2.07K | -33 | Closed |
|
160
Simplex Trading
Chicago,
Illinois
| – | +$638 | +9 | New |
|
MORN Hedge Fund Activity: Q1 2015 in Review
140 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q1 2015, worth a combined $1.34B — up 16% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MORN and 16 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 53 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $18.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $29M.
- 140 institutional investors held Morningstar (MORN) as of Q1 2015, down from 147 in Q4 2014.
- Funds reported $1.34B of Morningstar stock for Q1 2015, up 16% quarter-over-quarter.
- 16 funds opened new Morningstar positions in Q1 2015 and 21 closed out, a net change of -5 holders.
- The largest Morningstar buyer in Q1 2015 was Fidelity International, an estimated $18.6M added.
- The largest Morningstar seller in Q1 2015 was T. Rowe Price Associates, an estimated $29M sold.
Based on aggregated 13F filings for Q1 2015.