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Morningstar

353 hedge funds and large institutions have $7.77B invested in Morningstar in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 112 increasing their positions, 129 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 20

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

26% more capital invested

Capital invested by funds: $6.17B → $7.77B (+$1.6B)

9% more funds holding

Funds holding: 324353 (+29)

1.89% more ownership

Funds ownership: 61.7%63.59% (+1.9%)

13% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 129

44% less call options, than puts

Call options by funds: $12.4M | Put options by funds: $22.2M

Holders
353
Holders Change
+29
Holders Change %
+8.95%
% of All Funds
5.15%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
53
Increased
112
Reduced
129
Closed
20
Calls
$12.4M
Puts
$22.2M
Net Calls
-$9.76M
Net Calls Change
-$4.42M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.11B +$499M +1,914,800 +98%
Select Equity Group
2
Select Equity Group
New York
$854M -$160M -614,881 -17%
Vanguard Group
3
Vanguard Group
Pennsylvania
$738M +$6.2M +23,812 +0.9%
BlackRock
4
BlackRock
New York
$685M +$4.39M +16,838 +0.7%
BAMCO Inc
5
BAMCO Inc
New York
$379M -$1.08M -4,157 -0.3%
Bank of America
6
Bank of America
North Carolina
$370M +$3.32M +12,754 +1%
Kayne Anderson Rudnick Investment Management
7
Kayne Anderson Rudnick Investment Management
California
$357M -$1.59M -6,092 -0.5%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$308M +$17.7M +67,983 +7%
State Street
9
State Street
Massachusetts
$212M +$7.3M +28,029 +4%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$204M +$4.68M +17,944 +3%
WA
11
Wasatch Advisors
Utah
$153M +$1.37M +5,240 +1%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$146M +$41.8M +160,281 +46%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$126M +$4.3M +16,509 +4%
LIP
14
Liontrust Investment Partners
United Kingdom
$122M -$7.35M -28,191 -6%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$117M -$6.75M -25,899 -6%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$111M -$821K -3,151 -0.8%
Norges Bank
17
Norges Bank
Norway
$85.8M +$21.4M +82,273 +38%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$84.7M +$42.5K +163 +0.1%
Allspring Global Investments
19
Allspring Global Investments
North Carolina
$81.7M +$17.9M +68,574 +32%
JP Morgan Chase
20
JP Morgan Chase
New York
$78M -$18.5M -71,041 -21%
RA
21
Royce & Associates
New York
$64M +$623K +2,392 +1%
Renaissance Technologies
22
Renaissance Technologies
New York
$61.8M -$12.7M -48,900 -18%
Ameriprise
23
Ameriprise
Minnesota
$58M -$13.4M -51,374 -20%
Northern Trust
24
Northern Trust
Illinois
$55.8M +$824K +3,164 +2%
Principal Financial Group
25
Principal Financial Group
Iowa
$53.8M -$4.73M -18,170 -9%

MORN Hedge Fund Activity: Q4 2023 in Review

353 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q4 2023, worth a combined $7.77B — up 26% from $6.17B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new MORN positions and 20 closed out — a net gain of 33 holders — while 112 added to existing stakes and 129 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $499M. The largest seller was Select Equity Group, cutting an estimated $160M.

  • 353 institutional investors held Morningstar (MORN) as of Q4 2023, up from 324 in Q3 2023.
  • Funds reported $7.77B of Morningstar stock for Q4 2023, up 26% quarter-over-quarter.
  • 53 funds opened new Morningstar positions in Q4 2023 and 20 closed out, a net change of +33 holders.
  • The largest Morningstar buyer in Q4 2023 was Morgan Stanley, an estimated $499M added.
  • The largest Morningstar seller in Q4 2023 was Select Equity Group, an estimated $160M sold.

Based on aggregated 13F filings for Q4 2023.