MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

DEUTSCHE BANK AG\'s Holding History (CIK: 0000948046)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,210 Value ($000) $480 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 2,494 Value ($000) $579 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 2,211 Value ($000) $694 Avg Close $296.03 Range $250.34 - $316.71

Q1 2025

Shares 1,923 Value ($000) $577 Avg Close $314.89 Range $278.64 - $338.50

Q4 2024

Shares 1,798 Value ($000) $605 Avg Close $341.38 Range $312.59 - $365.00

Q3 2024

Shares 1,756 Value ($000) $560 Avg Close $310.75 Range $294.45 - $330.22

Q2 2024

Shares 1,822 Value ($000) $539 Avg Close $295.99 Range $281.37 - $316.06

Q1 2024

Shares 1,662 Value ($000) $513 Avg Close $288.05 Range $269.51 - $316.05

Q4 2023

Shares 2,404 Value ($000) $688 Avg Close $260.56 Range $219.45 - $289.17

Q3 2023

Shares 1,143 Value ($000) $268 Avg Close $225.76 Range $188.97 - $257.28

Q2 2023

Shares 9,833 Value ($000) $1,928 Avg Close $198.02 Range $163.28 - $210.95

Q1 2023

Shares 10,100 Value ($000) $2,051 Avg Close $219.87 Range $180.99 - $259.28

Q4 2022

Shares 9,393 Value ($000) $2,034 Avg Close $227.96 Range $207.11 - $252.04

Q3 2022

Shares 6,189 Value ($000) $1,314 Avg Close $237.81 Range $208.48 - $261.16

Q2 2022

Shares 7,431 Value ($000) $1,796 Avg Close $252.01 Range $218.25 - $293.64

Q1 2022

Shares 8,184 Value ($000) $2,236 Avg Close $282.62 Range $251.56 - $343.54

Q4 2021

Shares 8,360 Value ($000) $2,860 Avg Close $309.54 Range $253.81 - $350.21

Q3 2021

Shares 18,108 Value ($000) $4,690 Avg Close $262.72 Range $242.31 - $288.54

Q2 2021

Shares 14,345 Value ($000) $3,689 Avg Close $242.63 Range $224.56 - $270.08

Q1 2021

Shares 10,030 Value ($000) $2,257 Avg Close $234.34 Range $213.55 - $255.75

Q4 2020

Shares 13,017 Value ($000) $3,014 Avg Close $198.64 Range $159.23 - $232.06

Q3 2020

Shares 13,449 Value ($000) $2,159 Avg Close $157.98 Range $140.37 - $178.57

Q2 2020

Shares 17,350 Value ($000) $2,446 Avg Close $141.17 Range $109.25 - $165.19

Q1 2020

Shares 17,373 Value ($000) $2,020 Avg Close $144.90 Range $102.59 - $166.59

Q4 2019

Shares 22,368 Value ($000) $3,383 Avg Close $153.53 Range $141.94 - $163.94

Q3 2019

Shares 73,029 Value ($000) $10,670 Avg Close $153.95 Range $144.37 - $162.53

Q2 2019

Shares 22,567 Value ($000) $3,260 Avg Close $138.03 Range $126.26 - $149.70

Q1 2019

Shares 25,565 Value ($000) $3,218 Avg Close $120.22 Range $99.67 - $129.99

Q4 2018

Shares 30,578 Value ($000) $3,356 Avg Close $117.21 Range $104.56 - $133.74

Q3 2018

Shares 26,894 Value ($000) $3,382 Avg Close $134.79 Range $125.47 - $144.34

Q2 2018

Shares 6,312 Value ($000) $807 Avg Close $114.36 Range $93.30 - $134.95

Q1 2018

Shares 9,047 Value ($000) $863 Avg Close $96.16 Range $90.00 - $103.46

Q4 2017

Shares 5,955 Value ($000) $575 Avg Close $90.03 Range $82.64 - $99.11

Q3 2017

Shares 3,715 Value ($000) $314 Avg Close $81.52 Range $77.46 - $85.58

Q2 2017

Shares 13,513 Value ($000) $1,057 Avg Close $75.47 Range $68.43 - $79.55

Q1 2017

Shares 7,846 Value ($000) $616 Avg Close $77.78 Range $72.85 - $81.97

Q4 2016

Shares 5,394 Value ($000) $395 Avg Close $73.51 Range $67.74 - $79.30

Q3 2016

Shares 37,754 Value ($000) $2,991 Avg Close $82.20 Range $73.84 - $85.49

Q2 2016

Shares 30,067 Value ($000) $2,456 Avg Close $83.58 Range $76.57 - $89.44

Q1 2016

Shares 9,111 Value ($000) $803 Avg Close $79.71 Range $74.78 - $88.66

Q4 2015

Shares 16,004 Value ($000) $1,284 Avg Close $81.02 Range $77.61 - $84.99

Q3 2015

Shares 20,456 Value ($000) $1,640 Avg Close $81.64 Range $76.60 - $86.88

Q2 2015

Shares 20,082 Value ($000) $1,595 Avg Close $76.58 Range $71.89 - $80.93

Q1 2015

Shares 18,522 Value ($000) $1,385 Avg Close $70.94 Range $62.14 - $78.51

Q4 2014

Shares 24,511 Value ($000) $1,585 Avg Close $66.23 Range $61.03 - $71.08

Q3 2014

Shares 14,247 Value ($000) $967 Avg Close $68.45 Range $66.30 - $72.76

Q2 2014

Shares 16,382 Value ($000) $1,175 Avg Close $73.12 Range $67.77 - $80.00

Q1 2014

Shares 19,218 Value ($000) $1,518 Avg Close $79.64 Range $73.97 - $84.05

Q4 2013

Shares 38,039 Value ($000) $2,969 Avg Close $79.53 Range $73.40 - $85.97

Q3 2013

Shares 17,123 Value ($000) $1,356 Avg Close $77.30 Range $74.19 - $80.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,210	$480	$216.57	$202.89 - $233.46
Q3 2025	2,494	$579	$266.56	$230.09 - $313.40
Q2 2025	2,211	$694	$296.03	$250.34 - $316.71
Q1 2025	1,923	$577	$314.89	$278.64 - $338.50
Q4 2024	1,798	$605	$341.38	$312.59 - $365.00
Q3 2024	1,756	$560	$310.75	$294.45 - $330.22
Q2 2024	1,822	$539	$295.99	$281.37 - $316.06
Q1 2024	1,662	$513	$288.05	$269.51 - $316.05
Q4 2023	2,404	$688	$260.56	$219.45 - $289.17
Q3 2023	1,143	$268	$225.76	$188.97 - $257.28
Q2 2023	9,833	$1,928	$198.02	$163.28 - $210.95
Q1 2023	10,100	$2,051	$219.87	$180.99 - $259.28
Q4 2022	9,393	$2,034	$227.96	$207.11 - $252.04
Q3 2022	6,189	$1,314	$237.81	$208.48 - $261.16
Q2 2022	7,431	$1,796	$252.01	$218.25 - $293.64
Q1 2022	8,184	$2,236	$282.62	$251.56 - $343.54
Q4 2021	8,360	$2,860	$309.54	$253.81 - $350.21
Q3 2021	18,108	$4,690	$262.72	$242.31 - $288.54
Q2 2021	14,345	$3,689	$242.63	$224.56 - $270.08
Q1 2021	10,030	$2,257	$234.34	$213.55 - $255.75
Q4 2020	13,017	$3,014	$198.64	$159.23 - $232.06
Q3 2020	13,449	$2,159	$157.98	$140.37 - $178.57
Q2 2020	17,350	$2,446	$141.17	$109.25 - $165.19
Q1 2020	17,373	$2,020	$144.90	$102.59 - $166.59
Q4 2019	22,368	$3,383	$153.53	$141.94 - $163.94
Q3 2019	73,029	$10,670	$153.95	$144.37 - $162.53
Q2 2019	22,567	$3,260	$138.03	$126.26 - $149.70
Q1 2019	25,565	$3,218	$120.22	$99.67 - $129.99
Q4 2018	30,578	$3,356	$117.21	$104.56 - $133.74
Q3 2018	26,894	$3,382	$134.79	$125.47 - $144.34
Q2 2018	6,312	$807	$114.36	$93.30 - $134.95
Q1 2018	9,047	$863	$96.16	$90.00 - $103.46
Q4 2017	5,955	$575	$90.03	$82.64 - $99.11
Q3 2017	3,715	$314	$81.52	$77.46 - $85.58
Q2 2017	13,513	$1,057	$75.47	$68.43 - $79.55
Q1 2017	7,846	$616	$77.78	$72.85 - $81.97
Q4 2016	5,394	$395	$73.51	$67.74 - $79.30
Q3 2016	37,754	$2,991	$82.20	$73.84 - $85.49
Q2 2016	30,067	$2,456	$83.58	$76.57 - $89.44
Q1 2016	9,111	$803	$79.71	$74.78 - $88.66
Q4 2015	16,004	$1,284	$81.02	$77.61 - $84.99
Q3 2015	20,456	$1,640	$81.64	$76.60 - $86.88
Q2 2015	20,082	$1,595	$76.58	$71.89 - $80.93
Q1 2015	18,522	$1,385	$70.94	$62.14 - $78.51
Q4 2014	24,511	$1,585	$66.23	$61.03 - $71.08
Q3 2014	14,247	$967	$68.45	$66.30 - $72.76
Q2 2014	16,382	$1,175	$73.12	$67.77 - $80.00
Q1 2014	19,218	$1,518	$79.64	$73.97 - $84.05
Q4 2013	38,039	$2,969	$79.53	$73.40 - $85.97
Q3 2013	17,123	$1,356	$77.30	$74.19 - $80.00