Cliff Asness's MORN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 623,629 shares of Morningstar, Inc. (MORN) worth $105.21 M, representing 0.05% of the portfolio. First purchased in 2015-Q3, this long-term strategic position has been held for 43 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in MORN, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 314,275 shares. Largest reduction occurred in Q1 2026, reducing 276,668 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Morningstar (MORN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Morningstar (MORN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -276,668 | Reduce 30.73% | 623,629 | $168.70 |
| Q4 2025 | +292,053 | Add 48.02% | 900,297 | $217.31 |
| Q3 2025 | +314,275 | Add 106.91% | 608,244 | $232.01 |
| Q2 2025 | +256,806 | Add 691.03% | 293,969 | $313.93 |
| Q1 2025 | +24,063 | Add 183.69% | 37,163 | $294.06 |
| Q4 2024 | +5,403 | Add 70.20% | 13,100 | $336.76 |
| Q3 2024 | +1,321 | Add 20.72% | 7,697 | $316.35 |
| Q2 2024 | -4,619 | Reduce 42.01% | 6,376 | $294.20 |
| Q1 2024 | +5,368 | Add 95.40% | 10,995 | $308.00 |
| Q4 2023 | -2,388 | Reduce 29.79% | 5,627 | $286.26 |
| Q3 2023 | +613 | Add 8.28% | 8,015 | $234.24 |
| Q2 2023 | +3,163 | Add 74.62% | 7,402 | $196.07 |
| Q1 2023 | -4,839 | Reduce 53.30% | 4,239 | $203.03 |
| Q4 2022 | -1,705 | Reduce 15.81% | 9,078 | $216.59 |
| Q3 2022 | -2,617 | Reduce 19.53% | 10,783 | $212.28 |
| Q2 2022 | +432 | Add 3.33% | 13,400 | $238.06 |
| Q1 2022 | +1,234 | Add 10.52% | 12,968 | $273.13 |
| Q4 2021 | -1,372 | Reduce 10.47% | 11,734 | $341.49 |
| Q3 2021 | -7,929 | Reduce 37.69% | 13,106 | $259.04 |
| Q2 2021 | -6,234 | Reduce 22.86% | 21,035 | $255.05 |
| Q1 2021 | +8,626 | Add 46.27% | 27,269 | $225.05 |
| Q4 2020 | +1,000 | Add 5.67% | 18,643 | $228.50 |
| Q3 2020 | -11,433 | Reduce 39.32% | 17,643 | $159.89 |
| Q2 2020 | -41,207 | Reduce 58.63% | 29,076 | $139.94 |
| Q1 2020 | -31,314 | Reduce 30.82% | 70,283 | $116.24 |
| Q4 2019 | -6,199 | Reduce 5.75% | 101,597 | $151.31 |
| Q3 2019 | +7,837 | Add 7.84% | 107,796 | $146.14 |
| Q2 2019 | +25,273 | Add 33.84% | 99,959 | $144.64 |
| Q1 2019 | +23,135 | Add 44.88% | 74,686 | $125.99 |
| Q4 2018 | +34,269 | Add 198.29% | 51,551 | $109.83 |
| Q3 2018 | +12 | Add 0.07% | 17,282 | $125.91 |
| Q2 2018 | +5,434 | Add 45.91% | 17,270 | $128.26 |
| Q1 2018 | -3,772 | Reduce 24.17% | 11,836 | $95.56 |
| Q4 2017 | -16,182 | Reduce 50.90% | 15,608 | $97.00 |
| Q3 2017 | -22,943 | Reduce 41.92% | 31,790 | $85.00 |
| Q2 2017 | -39,651 | Reduce 42.01% | 54,733 | $78.34 |
| Q1 2017 | -26 | Reduce 0.03% | 94,384 | $78.60 |
| Q4 2016 | +24,582 | Add 35.20% | 94,410 | $73.56 |
| Q3 2016 | +33,799 | Add 93.81% | 69,828 | $79.27 |
| Q2 2016 | +25,584 | Add 244.94% | 36,029 | $81.77 |
| Q1 2016 | +5,538 | Add 112.86% | 10,445 | $88.27 |
| Q4 2015 | -402 | Reduce 7.57% | 4,907 | $80.50 |
| Q3 2015 | +5,309 | New Buy | 5,309 | $80.24 |
Cliff Asness's Morningstar Investment FAQs
Cliff Asness first purchased Morningstar, Inc. (MORN) in Q3 2015, acquiring 5,309 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Morningstar, Inc. (MORN) for 43 quarters since Q3 2015.
Cliff Asness's largest addition to Morningstar, Inc. (MORN) was in Q3 2025, adding 608,244 shares worth $141.12 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 623,629 shares of Morningstar, Inc. (MORN), valued at approximately $105.21 M.
As of the Q1 2026 filing, Morningstar, Inc. (MORN) represents approximately 0.05% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Morningstar, Inc. (MORN) was 900,297 shares, as reported at the end of Q4 2025.