Morningstar
MORN
162 hedge funds and large institutions have $1.45B invested in Morningstar in 2013 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 58 increasing their positions, 48 reducing their positions, and 9 closing their positions.
300% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 9
21% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 48
20% more funds holding
Funds holding: 135 → 162 (+27)
12% more call options, than puts
Call options by funds: $2.25M | Put options by funds: $2.01M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $1.59B → $1.45B (-$138M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$17.9M |
| 2 |
Renaissance Technologies
New York
|
+$14.7M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.72M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.11M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$209M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$7.8M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.38M |
| 4 |
RA
Royce & Associates
New York
|
-$3.9M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$2.58M |
MORN Hedge Fund Activity: Q4 2013 in Review
162 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q4 2013, worth a combined $1.45B — down 8.7% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MORN positions and 9 closed out — a net gain of 27 holders — while 58 added to existing stakes and 48 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $17.9M. The largest seller was Morgan Stanley, cutting an estimated $209M.
- 162 institutional investors held Morningstar (MORN) as of Q4 2013, up from 135 in Q3 2013.
- Funds reported $1.45B of Morningstar stock for Q4 2013, down 8.7% quarter-over-quarter.
- 36 funds opened new Morningstar positions in Q4 2013 and 9 closed out, a net change of +27 holders.
- The largest Morningstar buyer in Q4 2013 was Atlanta Capital Management, an estimated $17.9M added.
- The largest Morningstar seller in Q4 2013 was Morgan Stanley, an estimated $209M sold.
Based on aggregated 13F filings for Q4 2013.