MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Baker Avenue Asset Management, LP's Holding History (CIK: 0001432529)

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

Q4 2025

Shares 1,621 Value ($000) $352 Avg Close $216.57 Range $202.89 - $233.46

Q3 2023

Shares 2 Value ($000) $0 Avg Close $225.76 Range $188.97 - $257.28

Q2 2023

Shares 2 Value ($000) $0 Avg Close $198.02 Range $163.28 - $210.95

Q1 2023

Shares 2 Value ($000) $0 Avg Close $219.87 Range $180.99 - $259.28

Q4 2022

Shares 2 Value ($000) $0 Avg Close $227.96 Range $207.11 - $252.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,621	$352	$216.57	$202.89 - $233.46
Q3 2023	2	$0	$225.76	$188.97 - $257.28
Q2 2023	2	$0	$198.02	$163.28 - $210.95
Q1 2023	2	$0	$219.87	$180.99 - $259.28
Q4 2022	2	$0	$227.96	$207.11 - $252.04