Morningstar
MORN
172 hedge funds and large institutions have $1.31B invested in Morningstar in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 55 reducing their positions, and 18 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 55
2% less capital invested
Capital invested by funds: $1.33B → $1.31B (-$27.1M)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1% less funds holding
Funds holding: 174 → 172 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
74% less call options, than puts
Call options by funds: $63K | Put options by funds: $238K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
American Capital Management
New York
|
+$16.8M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$14.5M |
| 3 |
JP Morgan Chase
New York
|
+$12.4M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.05M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$5.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
-$20.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$10.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.89M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$3.96M |
MORN Hedge Fund Activity: Q3 2016 in Review
172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q3 2016, worth a combined $1.31B — down 2% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MORN and 17 opened new positions — a net loss of 1 holder — while 55 trimmed existing stakes and 66 added.
The largest buyer was American Capital Management, opening a new position worth an estimated $16.8M. The largest seller was Ashe Capital Management, cutting an estimated $20.3M.
- 172 institutional investors held Morningstar (MORN) as of Q3 2016, down from 174 in Q2 2016.
- Funds reported $1.31B of Morningstar stock for Q3 2016, down 2% quarter-over-quarter.
- 17 funds opened new Morningstar positions in Q3 2016 and 18 closed out, a net change of -1 holder.
- The largest Morningstar buyer in Q3 2016 was American Capital Management, an estimated $16.8M added.
- The largest Morningstar seller in Q3 2016 was Ashe Capital Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q3 2016.