Morningstar
MORN
170 hedge funds and large institutions have $1.32B invested in Morningstar in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 59 reducing their positions, and 15 closing their positions.
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
8% more capital invested
Capital invested by funds: $1.22B → $1.32B (+$94.8M)
0.45% more ownership
Funds ownership: 38.58% → 39.03% (+0.45%)
1% less funds holding
Funds holding: 171 → 170 (-1)
3% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 59
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $393K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$54.3M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$15.1M |
| 3 |
JP Morgan Chase
New York
|
+$9.33M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.33M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$4.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$12.9M |
| 2 |
RA
Royce & Associates
New York
|
-$9.26M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$7.59M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$3.31M |
| 5 |
Renaissance Technologies
New York
|
-$3.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PIM
176
Perkins Investment Management
Chicago,
Illinois
| – | -$368K | -5,000 | Closed |
|
|
HI
177
HBK Investments
Dallas,
Texas
| – | -$275K | -3,743 | Closed |
|
178
Verition Fund Management
Greenwich,
Connecticut
| – | -$266K | -3,620 | Closed |
|
|
LCM
179
Landscape Capital Management
Englewood,
New Jersey
| – | -$261K | -3,553 | Closed |
|
|
DADC
180
D.A. Davidson & Co
Great Falls,
Montana
| – | -$184K | -2,507 | Closed |
|
|
SIG
181
Stanford Investment Group
Mountain View,
California
| – | -$59K | -800 | Closed |
|
182
Simplex Trading
Chicago,
Illinois
| – | -$44.9K | -577 | Closed |
|
|
PCM
183
Penserra Capital Management
Orinda,
California
| – | -$18K | -248 | Closed |
|
184
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -29 | Closed |
|
|
QT
185
Quantbot Technologies
New York
| – | -$1K | -21 | Closed |
|
MORN Hedge Fund Activity: Q1 2017 in Review
170 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q1 2017, worth a combined $1.32B — up 7.8% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MORN positions and 15 closed out — a net gain of 7 holders — while 57 added to existing stakes and 59 trimmed.
The largest buyer was BlackRock, adding an estimated $54.3M. The largest seller was Bessemer Group, exiting entirely with an estimated $12.9M sold.
- 170 institutional investors held Morningstar (MORN) as of Q1 2017, down from 171 in Q4 2016.
- Funds reported $1.32B of Morningstar stock for Q1 2017, up 7.8% quarter-over-quarter.
- 22 funds opened new Morningstar positions in Q1 2017 and 15 closed out, a net change of +7 holders.
- The largest Morningstar buyer in Q1 2017 was BlackRock, an estimated $54.3M added.
- The largest Morningstar seller in Q1 2017 was Bessemer Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2017.