MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

HORIZON KINETICS ASSET MANAGEMENT LLC's Holding History (CIK: 0001056823)

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

Q4 2019

Shares 1,891 Value ($000) $286 Avg Close $153.53 Range $141.94 - $163.94

Q3 2019

Shares 1,965 Value ($000) $287 Avg Close $153.95 Range $144.37 - $162.53

Q2 2019

Shares 2,205 Value ($000) $319 Avg Close $138.03 Range $126.26 - $149.70

Q1 2019

Shares 2,812 Value ($000) $354 Avg Close $120.22 Range $99.67 - $129.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	1,891	$286	$153.53	$141.94 - $163.94
Q3 2019	1,965	$287	$153.95	$144.37 - $162.53
Q2 2019	2,205	$319	$138.03	$126.26 - $149.70
Q1 2019	2,812	$354	$120.22	$99.67 - $129.99