Morningstar
MORN
222 hedge funds and large institutions have $1.98B invested in Morningstar in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 75 increasing their positions, 85 reducing their positions, and 30 closing their positions.
1.16% more ownership
Funds ownership: 41.25% → 42.41% (+1.2%)
3% less funds holding
Funds holding: 229 → 222 (-7)
10% less capital invested
Capital invested by funds: $2.21B → $1.98B (-$230M)
12% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 85
20% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 30
82% less call options, than puts
Call options by funds: $2.17M | Put options by funds: $12.3M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.4M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$33.8M |
| 3 |
Millennium Management
New York
|
+$6.57M |
| 4 |
JP Morgan Chase
New York
|
+$5.75M |
| 5 |
Renaissance Technologies
New York
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$41.4M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$11.2M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.04M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.3M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$3.54M |
MORN Hedge Fund Activity: Q4 2018 in Review
222 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q4 2018, worth a combined $1.98B — down 10% from $2.21B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MORN and 24 opened new positions — a net loss of 6 holders — while 85 trimmed existing stakes and 75 added.
The largest buyer was Fidelity Investments, adding an estimated $52.4M. The largest seller was Atlanta Capital Management, cutting an estimated $41.4M.
- 222 institutional investors held Morningstar (MORN) as of Q4 2018, down from 229 in Q3 2018.
- Funds reported $1.98B of Morningstar stock for Q4 2018, down 10% quarter-over-quarter.
- 24 funds opened new Morningstar positions in Q4 2018 and 30 closed out, a net change of -6 holders.
- The largest Morningstar buyer in Q4 2018 was Fidelity Investments, an estimated $52.4M added.
- The largest Morningstar seller in Q4 2018 was Atlanta Capital Management, an estimated $41.4M sold.
Based on aggregated 13F filings for Q4 2018.