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Morningstar

294 hedge funds and large institutions have $4.79B invested in Morningstar in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 116 increasing their positions, 90 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more call options, than puts

Call options by funds: $8.93M | Put options by funds: $4.5M

29% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 90

1.32% more ownership

Funds ownership: 56.13%57.45% (+1.3%)

1% less capital invested

Capital invested by funds: $4.84B → $4.79B (-$51.1M)

2% less funds holding

Funds holding: 301294 (-7)

18% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 39

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
294
Holders Change
-7
Holders Change %
-2.33%
% of All Funds
4.62%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
32
Increased
116
Reduced
90
Closed
39
Calls
$8.93M
Puts
$4.5M
Net Calls
+$4.43M
Net Calls Change
+$6.09M
Name Holding Trade Value Shares
Change
Change in
Stake
Select Equity Group
1
Select Equity Group
New York
$772M +$7.43M +37,544 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$486M -$2.78M -14,057 -0.6%
Morgan Stanley
3
Morgan Stanley
New York
$380M +$62.8M +317,029 +20%
Bank of America
4
Bank of America
North Carolina
$254M -$230M -1,161,629 -47%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$246M +$75M +378,671 +43%
BAMCO Inc
6
BAMCO Inc
New York
$241M +$19.8M +99,898 +9%
BlackRock
7
BlackRock
New York
$225M +$8.58M +43,350 +4%
JP Morgan Chase
8
JP Morgan Chase
New York
$152M -$19.4M -97,946 -11%
Goldman Sachs
9
Goldman Sachs
New York
$148M +$136M +687,459 +1,022%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$123M -$1.58M -7,971 -1%
WA
11
Wasatch Advisors
Utah
$99.7M -$9.2M -46,486 -8%
LIP
12
Liontrust Investment Partners
United Kingdom
$92.1M +$63.3M +319,642 +213%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$85.2M +$4.8M +24,248 +6%
State Street
14
State Street
Massachusetts
$78.2M +$778K +3,930 +1%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$77M +$2.99M +15,122 +4%
Millennium Management
16
Millennium Management
New York
$65.2M -$2.22M -11,187 -3%
Invesco
17
Invesco
Georgia
$65.1M -$435K -2,196 -0.7%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$57.8M -$489K -2,471 -0.8%
Renaissance Technologies
19
Renaissance Technologies
New York
$57.4M -$3.72M -18,800 -6%
PIMC
20
Praesidium Investment Management Company
New York
$53.7M -$5.5M -27,770 -9%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$53.4M -$2.26M -11,433 -4%
Norges Bank
22
Norges Bank
Norway
$50.6M +$2.22M +11,209 +5%
RA
23
Royce & Associates
New York
$38.5M +$840K +4,241 +2%
Ameriprise
24
Ameriprise
Minnesota
$37.7M +$23.4M +118,373 +160%
Allspring Global Investments
25
Allspring Global Investments
North Carolina
$37.6M -$6.31M -31,881 -14%

MORN Hedge Fund Activity: Q2 2023 in Review

294 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q2 2023, worth a combined $4.79B — down 1.1% from $4.84B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of MORN and 32 opened new positions — a net loss of 7 holders — while 90 trimmed existing stakes and 116 added.

The largest buyer was Goldman Sachs, adding an estimated $136M. The largest seller was Bank of America, cutting an estimated $230M.

  • 294 institutional investors held Morningstar (MORN) as of Q2 2023, down from 301 in Q1 2023.
  • Funds reported $4.79B of Morningstar stock for Q2 2023, down 1.1% quarter-over-quarter.
  • 32 funds opened new Morningstar positions in Q2 2023 and 39 closed out, a net change of -7 holders.
  • The largest Morningstar buyer in Q2 2023 was Goldman Sachs, an estimated $136M added.
  • The largest Morningstar seller in Q2 2023 was Bank of America, an estimated $230M sold.

Based on aggregated 13F filings for Q2 2023.