Morningstar
MORN
324 hedge funds and large institutions have $6.17B invested in Morningstar in 2023 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 101 increasing their positions, 95 reducing their positions, and 37 closing their positions.
86% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 37
29% more capital invested
Capital invested by funds: $4.79B → $6.17B (+$1.38B)
10% more funds holding
Funds holding: 294 → 324 (+30)
4.25% more ownership
Funds ownership: 57.45% → 61.7% (+4.3%)
6% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 95
30% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $17.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$277M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$127M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$85.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$78.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$108M |
| 2 |
JP Morgan Chase
New York
|
-$97M |
| 3 |
Select Equity Group
New York
|
-$76.5M |
| 4 |
Millennium Management
New York
|
-$65.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$18.1M |
MORN Hedge Fund Activity: Q3 2023 in Review
324 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q3 2023, worth a combined $6.17B — up 29% from $4.79B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new MORN positions and 37 closed out — a net gain of 32 holders — while 101 added to existing stakes and 95 trimmed.
The largest buyer was BlackRock, adding an estimated $277M. The largest seller was Goldman Sachs, cutting an estimated $108M.
- 324 institutional investors held Morningstar (MORN) as of Q3 2023, up from 294 in Q2 2023.
- Funds reported $6.17B of Morningstar stock for Q3 2023, up 29% quarter-over-quarter.
- 69 funds opened new Morningstar positions in Q3 2023 and 37 closed out, a net change of +32 holders.
- The largest Morningstar buyer in Q3 2023 was BlackRock, an estimated $277M added.
- The largest Morningstar seller in Q3 2023 was Goldman Sachs, an estimated $108M sold.
Based on aggregated 13F filings for Q3 2023.