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Morningstar

301 hedge funds and large institutions have $4.91B invested in Morningstar in 2020 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 80 increasing their positions, 115 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 23

50% more capital invested

Capital invested by funds: $3.27B → $4.91B (+$1.64B)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

12% more funds holding

Funds holding: 269301 (+32)

1.59% more ownership

Funds ownership: 47.92%49.52% (+1.6%)

10% less call options, than puts

Call options by funds: $6.99M | Put options by funds: $7.78M

30% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 115

Holders
301
Holders Change
+32
Holders Change %
+11.9%
% of All Funds
5.33%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.07%
New
56
Increased
80
Reduced
115
Closed
23
Calls
$6.99M
Puts
$7.78M
Net Calls
-$787K
Net Calls Change
-$2.09M
Name Holding Trade Value Shares
Change
Change in
Stake
Select Equity Group
1
Select Equity Group
New York
$518M +$330M +1,661,332 +289%
Vanguard Group
2
Vanguard Group
Pennsylvania
$472M +$38.8M +195,342 +11%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$415M -$3.94M -19,847 -1%
BAMCO Inc
4
BAMCO Inc
New York
$310M -$804K -4,047 -0.3%
ACM
5
Atlanta Capital Management
Georgia
$307M -$35M -175,956 -12%
BlackRock
6
BlackRock
New York
$236M -$1.02M -5,151 -0.5%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$222M -$41.9M -211,173 -18%
WA
8
Wasatch Advisors
Utah
$195M +$3.72M +18,726 +2%
JP Morgan Chase
9
JP Morgan Chase
New York
$158M -$29.2M -146,793 -18%
Renaissance Technologies
10
Renaissance Technologies
New York
$139M -$24.4M -122,700 -17%
Artisan Partners
11
Artisan Partners
Wisconsin
$90.6M +$14.8M +74,322 +23%
RA
12
Royce & Associates
New York
$88.6M -$14.6M -73,388 -16%
Mawer Investment Management
13
Mawer Investment Management
Alberta, Canada
$84.4M -$41.8M -210,275 -37%
Invesco
14
Invesco
Georgia
$75.3M +$38.7K +195 +0.1%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$72.5M -$318K -1,603 -0.5%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$72.4M -$94.8K -477 -0.2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$67.7M +$173K +873 +0.3%
State Street
18
State Street
Massachusetts
$66.1M -$384K -1,931 -0.7%
New York State Common Retirement Fund
19
New York State Common Retirement Fund
New York
$60.7M +$4.2M +21,122 +9%
Wells Fargo
20
Wells Fargo
California
$58.6M +$13.3M +67,100 +36%
Norges Bank
21
Norges Bank
Norway
$52.6M -$2.28M -11,462 -5%
Millennium Management
22
Millennium Management
New York
$47.5M -$733K -3,691 -2%
ACM
23
American Capital Management
New York
$44.4M -$118K -593 -0.3%
Lazard Asset Management
24
Lazard Asset Management
New York
$39.2M -$5.43M -27,347 -14%
Bank of America
25
Bank of America
North Carolina
$36.8M -$1.75M -8,821 -5%

MORN Hedge Fund Activity: Q4 2020 in Review

301 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q4 2020, worth a combined $4.91B — up 50% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new MORN positions and 23 closed out — a net gain of 33 holders — while 80 added to existing stakes and 115 trimmed.

The largest buyer was Select Equity Group, adding an estimated $330M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $49.8M sold.

  • 301 institutional investors held Morningstar (MORN) as of Q4 2020, up from 269 in Q3 2020.
  • Funds reported $4.91B of Morningstar stock for Q4 2020, up 50% quarter-over-quarter.
  • 56 funds opened new Morningstar positions in Q4 2020 and 23 closed out, a net change of +33 holders.
  • The largest Morningstar buyer in Q4 2020 was Select Equity Group, an estimated $330M added.
  • The largest Morningstar seller in Q4 2020 was Champlain Investment Partners, an estimated $49.8M sold.

Based on aggregated 13F filings for Q4 2020.