MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Daiwa Securities Group Inc.'s Holding History (CIK: 0001481045)

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

Q4 2025

Shares 3,501 Value ($000) $1 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 11,800 Value ($000) $3 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 12,717 Value ($000) $4 Avg Close $296.03 Range $250.34 - $316.71

Q1 2025

Shares 13,567 Value ($000) $4 Avg Close $314.89 Range $278.64 - $338.50

Q4 2024

Shares 14,517 Value ($000) $5 Avg Close $341.38 Range $312.59 - $365.00

Q3 2024

Shares 15,115 Value ($000) $5 Avg Close $310.75 Range $294.45 - $330.22

Q2 2024

Shares 16,465 Value ($000) $5 Avg Close $295.99 Range $281.37 - $316.06

Q1 2024

Shares 17,945 Value ($000) $6 Avg Close $288.05 Range $269.51 - $316.05

Q4 2023

Shares 23,605 Value ($000) $7 Avg Close $260.56 Range $219.45 - $289.17

Q3 2023

Shares 25,935 Value ($000) $6 Avg Close $225.76 Range $188.97 - $257.28

Q2 2023

Shares 30,935 Value ($000) $6 Avg Close $198.02 Range $163.28 - $210.95

Q1 2023

Shares 21,816 Value ($000) $4 Avg Close $219.87 Range $180.99 - $259.28

Q4 2022

Shares 23,886 Value ($000) $5 Avg Close $227.96 Range $207.11 - $252.04

Q3 2022

Shares 25,236 Value ($000) $5,358 Avg Close $237.81 Range $208.48 - $261.16

Q2 2022

Shares 28,705 Value ($000) $6,942 Avg Close $252.01 Range $218.25 - $293.64

Q1 2022

Shares 30,595 Value ($000) $8,358 Avg Close $282.62 Range $251.56 - $343.54

Q4 2021

Shares 31,595 Value ($000) $10,805 Avg Close $309.54 Range $253.81 - $350.21

Q3 2021

Shares 30,595 Value ($000) $7,925 Avg Close $262.72 Range $242.31 - $288.54

Q2 2021

Shares 25,490 Value ($000) $6,554 Avg Close $242.63 Range $224.56 - $270.08

Q1 2021

Shares 19,307 Value ($000) $4,345 Avg Close $234.34 Range $213.55 - $255.75

Q4 2020

Shares 23,507 Value ($000) $5,444 Avg Close $198.64 Range $159.23 - $232.06

Q3 2020

Shares 27,307 Value ($000) $4,386 Avg Close $157.98 Range $140.37 - $178.57

Q2 2020

Shares 22,107 Value ($000) $2,570 Avg Close $141.17 Range $109.25 - $165.19

Q1 2020

Shares 22,107 Value ($000) $2,570 Avg Close $144.90 Range $102.59 - $166.59

Q4 2019

Shares 10,405 Value ($000) $1,574 Avg Close $153.53 Range $141.94 - $163.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,501	$1	$216.57	$202.89 - $233.46
Q3 2025	11,800	$3	$266.56	$230.09 - $313.40
Q2 2025	12,717	$4	$296.03	$250.34 - $316.71
Q1 2025	13,567	$4	$314.89	$278.64 - $338.50
Q4 2024	14,517	$5	$341.38	$312.59 - $365.00
Q3 2024	15,115	$5	$310.75	$294.45 - $330.22
Q2 2024	16,465	$5	$295.99	$281.37 - $316.06
Q1 2024	17,945	$6	$288.05	$269.51 - $316.05
Q4 2023	23,605	$7	$260.56	$219.45 - $289.17
Q3 2023	25,935	$6	$225.76	$188.97 - $257.28
Q2 2023	30,935	$6	$198.02	$163.28 - $210.95
Q1 2023	21,816	$4	$219.87	$180.99 - $259.28
Q4 2022	23,886	$5	$227.96	$207.11 - $252.04
Q3 2022	25,236	$5,358	$237.81	$208.48 - $261.16
Q2 2022	28,705	$6,942	$252.01	$218.25 - $293.64
Q1 2022	30,595	$8,358	$282.62	$251.56 - $343.54
Q4 2021	31,595	$10,805	$309.54	$253.81 - $350.21
Q3 2021	30,595	$7,925	$262.72	$242.31 - $288.54
Q2 2021	25,490	$6,554	$242.63	$224.56 - $270.08
Q1 2021	19,307	$4,345	$234.34	$213.55 - $255.75
Q4 2020	23,507	$5,444	$198.64	$159.23 - $232.06
Q3 2020	27,307	$4,386	$157.98	$140.37 - $178.57
Q2 2020	22,107	$2,570	$141.17	$109.25 - $165.19
Q1 2020	22,107	$2,570	$144.90	$102.59 - $166.59
Q4 2019	10,405	$1,574	$153.53	$141.94 - $163.94