Morningstar Inc (MORN) Hedge Fund Ownership (Q2 2026)

Morningstar Inc (MORN)

412 + Investors. Track Smart Money conviction in MORN. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — MORN

Based on 416 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds reduced or closed their MORN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 88% of 3.0Y peak

88% of all-time peak

416 funds currently hold this stock — 88% of the 3.0-year high of 472 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q

56 fewer hedge funds hold MORN compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟠

More sellers than buyers — 43% buying

201 buying268 selling

Last quarter: 268 funds reduced or exited vs 201 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

➡️

Steady new buyers — ~74 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 57 → 94 → 70 → 74. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 19% medium ■ 22% new

245 out of 416 hedge funds have held MORN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +16%, value -7%

Value

-6%

+16%

Last quarter: funds added +16% more shares while total portfolio value only changed -7%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

➡️

Steady discovery — ~74 new funds/quarter

74 → 57 → 94 → 70 → 74 new funds/Q

New funds entering each quarter: 57 → 94 → 70 → 74. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 62% veterans vs 26% newcomers

■ 62% veterans ■ 11% 1-2yr ■ 26% new

Entry-cohort mix of 423 holders: 263 (62%) are 2+ year veterans, 48 entered 1–2 years ago, and 112 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds

58 of 416 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in MORN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.3

out of 10

Low Exit Risk

Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	412	443	-7.0%
13F Shares	24M	24M	1.11%
Total Value	$3.75B	$4.04B	-7.27%
New Positions	72	70	+2
Increased Positions	124	168	-44
Closed Positions	103	97	+6
Reduced Positions	164	164	-
Total Calls	2	3	-33.33%
Total Puts	5	3	66.67%
PUT/CALL Ratio	2.5	1.0	Bearish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

412

443

-7.0%

13F Shares

24M

1.11%

Total Value

$3.75B

$4.04B

-7.27%

New Positions

Increased Positions

124

168

-44

Closed Positions

103

Reduced Positions

164

Total Calls

-33.33%

Total Puts

66.67%

PUT/CALL Ratio

2.5

1.0

Bearish

Institutional Holders (2026 Q3)

412 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MORN. Verified SEC 13F-HR filings.

QUARTER:

2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 MORN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Crawford Fund Management, LLC	2.46%	85,500	$16.2M
2	Copeland Capital Management, LLC	1.46%	333,586	$63.4M
3	Aurora Investment Counsel	0.93%	9,416	$1.8M
4	Berkeley, Inc	0.79%	13,494	$2.6M
5	Bradyco, Inc.	0.55%	4,164	$791K
6	Ceera Investments, LLC	0.51%	7,061	$1.3M
7	Confluence Investment Management LLC	0.48%	149,383	$28.4M
8	Martin Capital Advisors, LLP	0.40%	4,086	$777K
9	Cardinal Capital Management	0.35%	15,939	$3.0M
10	denkapparat Operations GmbH	0.33%	6,596	$1.3M
11	Olympiad Research LP	0.33%	1,334	$254K
12	Hunter Perkins Capital Management, LLC	0.30%	6,285	$1.2M
13	Los Angeles Capital Management LLC	0.28%	436,266	$82.9M
14	Bright Rock Capital Management, LLC	0.27%	7,500	$1.4M
15	Chicago Capital, LLC	0.27%	60,436	$11.5M
16	Royce & Associates LP	0.25%	141,711	$26.9M
17	Lecap Asset Management Ltd	0.23%	2,558	$486K
18	Aviance Capital Partners, LLC	0.18%	9,427	$1.8M
19	Connecticut Capital Management Group, LLC	0.17%	1,119	$213K
20	GHP Investment Advisors, Inc.	0.16%	22,849	$4.3M
21	Keeler Thomas Management LLC	0.15%	2,057	$391K
22	Wbi Investments, LLC	0.15%	2,948	$560K
23	1620 Investment Advisors, INC.	0.15%	1,225	$233K
24	Linden Thomas Advisory Services, LLC	0.13%	8,647	$1.6M
25	Redmond Asset Management, LLC	0.13%	2,296	$436K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Morningstar Inc (MORN)

What does the Smart Money Trend signal show for MORN?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their MORN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for MORN?

More sellers than buyers — 43% buying: Last quarter: 268 funds reduced or exited vs 201 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for MORN holders?

Elite ownership — 55% AUM from top-100 funds: 58 of 416 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in MORN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MORN?

59% of holders stayed for 2+ years: 245 out of 416 hedge funds have held MORN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Morningstar Inc (MORN)

Smart Money Signals — MORN

Selling streak — 2 quarters in a row

High ownership — 88% of 3.0Y peak

Outflows — 12% fewer funds vs a year ago

More sellers than buyers — 43% buying

Steady new buyers — ~74 new funds per quarter

59% of holders stayed for 2+ years

Buying through price weakness — shares +16%, value -7%

Steady discovery — ~74 new funds/quarter

Veteran-anchored — 62% veterans vs 26% newcomers

Elite ownership — 55% AUM from top-100 funds

Institutional Sentiment Summary — MORN

Hedge Fund Ownership: MORN

Market Analysis: MORN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MORN

Hedge Fund Positioning: MORN

Statistics: MORN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q3)

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Frequently Asked Questions — Morningstar Inc (MORN)

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