MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Swiss National Bank's Holding History (CIK: 0001582202)

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

Q4 2025

Shares 50,000 Value ($000) $10,866 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 53,300 Value ($000) $12,366 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 53,100 Value ($000) $16,670 Avg Close $296.03 Range $250.34 - $316.71

Q1 2025

Shares 54,000 Value ($000) $16,193 Avg Close $314.89 Range $278.64 - $338.50

Q4 2024

Shares 54,800 Value ($000) $18,454 Avg Close $341.38 Range $312.59 - $365.00

Q3 2024

Shares 54,200 Value ($000) $17,296 Avg Close $310.75 Range $294.45 - $330.22

Q2 2024

Shares 54,700 Value ($000) $16,183 Avg Close $295.99 Range $281.37 - $316.06

Q1 2024

Shares 50,600 Value ($000) $15,604 Avg Close $288.05 Range $269.51 - $316.05

Q4 2023

Shares 50,500 Value ($000) $14,455 Avg Close $260.56 Range $219.45 - $289.17

Q3 2023

Shares 56,200 Value ($000) $13,164 Avg Close $225.76 Range $188.97 - $257.28

Q2 2023

Shares 55,600 Value ($000) $10,901 Avg Close $198.02 Range $163.28 - $210.95

Q1 2023

Shares 55,000 Value ($000) $11,167 Avg Close $219.87 Range $180.99 - $259.28

Q4 2022

Shares 61,500 Value ($000) $13,320 Avg Close $227.96 Range $207.11 - $252.04

Q3 2022

Shares 60,800 Value ($000) $12,909 Avg Close $237.81 Range $208.48 - $261.16

Q2 2022

Shares 60,700 Value ($000) $14,679 Avg Close $252.01 Range $218.25 - $293.64

Q1 2022

Shares 56,100 Value ($000) $15,325 Avg Close $282.62 Range $251.56 - $343.54

Q4 2021

Shares 52,100 Value ($000) $17,818 Avg Close $309.54 Range $253.81 - $350.21

Q3 2021

Shares 52,200 Value ($000) $13,521 Avg Close $262.72 Range $242.31 - $288.54

Q2 2021

Shares 52,100 Value ($000) $13,395 Avg Close $242.63 Range $224.56 - $270.08

Q1 2021

Shares 53,800 Value ($000) $12,107 Avg Close $234.34 Range $213.55 - $255.75

Q4 2020

Shares 53,300 Value ($000) $12,343 Avg Close $198.64 Range $159.23 - $232.06

Q3 2020

Shares 53,300 Value ($000) $8,561 Avg Close $157.98 Range $140.37 - $178.57

Q2 2020

Shares 52,600 Value ($000) $7,415 Avg Close $141.17 Range $109.25 - $165.19

Q1 2020

Shares 37,400 Value ($000) $4,348 Avg Close $144.90 Range $102.59 - $166.59

Q4 2019

Shares 36,800 Value ($000) $5,568 Avg Close $153.53 Range $141.94 - $163.94

Q3 2019

Shares 36,000 Value ($000) $5,261 Avg Close $153.95 Range $144.37 - $162.53

Q2 2019

Shares 35,700 Value ($000) $5,164 Avg Close $138.03 Range $126.26 - $149.70

Q1 2019

Shares 35,000 Value ($000) $4,410 Avg Close $120.22 Range $99.67 - $129.99

Q4 2018

Shares 33,900 Value ($000) $3,724 Avg Close $117.21 Range $104.56 - $133.74

Q3 2018

Shares 33,400 Value ($000) $4,205 Avg Close $134.79 Range $125.47 - $144.34

Q2 2018

Shares 33,400 Value ($000) $4,284 Avg Close $114.36 Range $93.30 - $134.95

Q1 2018

Shares 33,400 Value ($000) $3,190 Avg Close $96.16 Range $90.00 - $103.46

Q4 2017

Shares 32,700 Value ($000) $3,171 Avg Close $90.03 Range $82.64 - $99.11

Q3 2017

Shares 32,700 Value ($000) $2,779 Avg Close $81.52 Range $77.46 - $85.58

Q2 2017

Shares 32,700 Value ($000) $2,562 Avg Close $75.47 Range $68.43 - $79.55

Q1 2017

Shares 31,600 Value ($000) $2,484 Avg Close $77.78 Range $72.85 - $81.97

Q4 2016

Shares 31,600 Value ($000) $2,324 Avg Close $73.51 Range $67.74 - $79.30

Q3 2016

Shares 31,600 Value ($000) $2,505 Avg Close $82.20 Range $73.84 - $85.49

Q2 2016

Shares 32,800 Value ($000) $2,682 Avg Close $83.58 Range $76.57 - $89.44

Q1 2016

Shares 33,100 Value ($000) $2,823 Avg Close $79.71 Range $74.78 - $88.66

Q4 2015

Shares 27,100 Value ($000) $2,179 Avg Close $81.02 Range $77.61 - $84.99

Q3 2015

Shares 27,100 Value ($000) $2,175 Avg Close $81.64 Range $76.60 - $86.88

Q2 2015

Shares 23,600 Value ($000) $1,877 Avg Close $76.58 Range $71.89 - $80.93

Q1 2015

Shares 23,600 Value ($000) $1,768 Avg Close $70.94 Range $62.14 - $78.51

Q4 2014

Shares 23,200 Value ($000) $1,501 Avg Close $66.23 Range $61.03 - $71.08

Q3 2014

Shares 22,700 Value ($000) $1,541 Avg Close $68.45 Range $66.30 - $72.76

Q2 2014

Shares 23,100 Value ($000) $1,659 Avg Close $73.12 Range $67.77 - $80.00

Q1 2014

Shares 25,600 Value ($000) $2,023 Avg Close $79.64 Range $73.97 - $84.05

Q4 2013

Shares 20,200 Value ($000) $1,577 Avg Close $79.53 Range $73.40 - $85.97

Q3 2013

Shares 20,200 Value ($000) $1,601 Avg Close $77.30 Range $74.19 - $80.00

Q2 2013

Shares 19,700 Value ($000) $1,528 Avg Close $69.29 Range $63.01 - $77.83

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,000	$10,866	$216.57	$202.89 - $233.46
Q3 2025	53,300	$12,366	$266.56	$230.09 - $313.40
Q2 2025	53,100	$16,670	$296.03	$250.34 - $316.71
Q1 2025	54,000	$16,193	$314.89	$278.64 - $338.50
Q4 2024	54,800	$18,454	$341.38	$312.59 - $365.00
Q3 2024	54,200	$17,296	$310.75	$294.45 - $330.22
Q2 2024	54,700	$16,183	$295.99	$281.37 - $316.06
Q1 2024	50,600	$15,604	$288.05	$269.51 - $316.05
Q4 2023	50,500	$14,455	$260.56	$219.45 - $289.17
Q3 2023	56,200	$13,164	$225.76	$188.97 - $257.28
Q2 2023	55,600	$10,901	$198.02	$163.28 - $210.95
Q1 2023	55,000	$11,167	$219.87	$180.99 - $259.28
Q4 2022	61,500	$13,320	$227.96	$207.11 - $252.04
Q3 2022	60,800	$12,909	$237.81	$208.48 - $261.16
Q2 2022	60,700	$14,679	$252.01	$218.25 - $293.64
Q1 2022	56,100	$15,325	$282.62	$251.56 - $343.54
Q4 2021	52,100	$17,818	$309.54	$253.81 - $350.21
Q3 2021	52,200	$13,521	$262.72	$242.31 - $288.54
Q2 2021	52,100	$13,395	$242.63	$224.56 - $270.08
Q1 2021	53,800	$12,107	$234.34	$213.55 - $255.75
Q4 2020	53,300	$12,343	$198.64	$159.23 - $232.06
Q3 2020	53,300	$8,561	$157.98	$140.37 - $178.57
Q2 2020	52,600	$7,415	$141.17	$109.25 - $165.19
Q1 2020	37,400	$4,348	$144.90	$102.59 - $166.59
Q4 2019	36,800	$5,568	$153.53	$141.94 - $163.94
Q3 2019	36,000	$5,261	$153.95	$144.37 - $162.53
Q2 2019	35,700	$5,164	$138.03	$126.26 - $149.70
Q1 2019	35,000	$4,410	$120.22	$99.67 - $129.99
Q4 2018	33,900	$3,724	$117.21	$104.56 - $133.74
Q3 2018	33,400	$4,205	$134.79	$125.47 - $144.34
Q2 2018	33,400	$4,284	$114.36	$93.30 - $134.95
Q1 2018	33,400	$3,190	$96.16	$90.00 - $103.46
Q4 2017	32,700	$3,171	$90.03	$82.64 - $99.11
Q3 2017	32,700	$2,779	$81.52	$77.46 - $85.58
Q2 2017	32,700	$2,562	$75.47	$68.43 - $79.55
Q1 2017	31,600	$2,484	$77.78	$72.85 - $81.97
Q4 2016	31,600	$2,324	$73.51	$67.74 - $79.30
Q3 2016	31,600	$2,505	$82.20	$73.84 - $85.49
Q2 2016	32,800	$2,682	$83.58	$76.57 - $89.44
Q1 2016	33,100	$2,823	$79.71	$74.78 - $88.66
Q4 2015	27,100	$2,179	$81.02	$77.61 - $84.99
Q3 2015	27,100	$2,175	$81.64	$76.60 - $86.88
Q2 2015	23,600	$1,877	$76.58	$71.89 - $80.93
Q1 2015	23,600	$1,768	$70.94	$62.14 - $78.51
Q4 2014	23,200	$1,501	$66.23	$61.03 - $71.08
Q3 2014	22,700	$1,541	$68.45	$66.30 - $72.76
Q2 2014	23,100	$1,659	$73.12	$67.77 - $80.00
Q1 2014	25,600	$2,023	$79.64	$73.97 - $84.05
Q4 2013	20,200	$1,577	$79.53	$73.40 - $85.97
Q3 2013	20,200	$1,601	$77.30	$74.19 - $80.00
Q2 2013	19,700	$1,528	$69.29	$63.01 - $77.83