Morningstar
MORN
480 hedge funds and large institutions have $8.05B invested in Morningstar in 2025 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 182 increasing their positions, 158 reducing their positions, and 49 closing their positions.
303% more call options, than puts
Call options by funds: $3.92M | Put options by funds: $973K
41% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 49
15% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 158
6% more capital invested
Capital invested by funds: $7.57B → $8.05B (+$481M)
3% more funds holding
Funds holding: 464 → 480 (+16)
1.77% more ownership
Funds ownership: 58.95% → 60.72% (+1.8%)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$80M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$76M |
| 3 |
Goldman Sachs
New York
|
+$70.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$60.5M |
| 5 |
Amundi
Paris,
France
|
+$47.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$88.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$65.8M |
| 3 |
BlackRock
New York
|
-$54.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.3M |
| 5 |
PIMC
Praesidium Investment Management Company
New York
|
-$30.4M |
MORN Hedge Fund Activity: Q2 2025 in Review
480 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Morningstar (MORN) for Q2 2025, worth a combined $8.05B — up 6.3% from $7.57B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new MORN positions and 49 closed out — a net gain of 20 holders — while 182 added to existing stakes and 158 trimmed.
The largest buyer was Millennium Management, adding an estimated $80M. The largest seller was Wellington Management Group, cutting an estimated $88.5M.
- 480 institutional investors held Morningstar (MORN) as of Q2 2025, up from 464 in Q1 2025.
- Funds reported $8.05B of Morningstar stock for Q2 2025, up 6.3% quarter-over-quarter.
- 69 funds opened new Morningstar positions in Q2 2025 and 49 closed out, a net change of +20 holders.
- The largest Morningstar buyer in Q2 2025 was Millennium Management, an estimated $80M added.
- The largest Morningstar seller in Q2 2025 was Wellington Management Group, an estimated $88.5M sold.
Based on aggregated 13F filings for Q2 2025.