Morningstar Investment Management LLC

CIK: 0001673385SEC EDGAR →

Portfolio Value

$1.7B

Holdings

327

As of

Q4 2025

New Positions

326

Closed Positions

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	AQLT ISHARES TR	10,701,492	$246.4M	14.55%
2	VTI VANGUARD INDEX FDS	213,319	$71.5M	4.22%
3	AAPL APPLE INC	207,210	$56.3M	3.33%
4	MSFT MICROSOFT CORP	112,681	$54.5M	3.22%
5	GOOGL ALPHABET INC	152,208	$47.6M	2.81%
6	SPSM SPDR SERIES TRUST	1,011,729	$47.4M	2.80%
7	SCHO SCHWAB STRATEGIC TR	1,726,672	$42.1M	2.48%
8	NVDA NVIDIA CORPORATION	220,891	$41.2M	2.43%
9	SLYV SPDR SERIES TRUST	386,421	$35.2M	2.08%
10	BNDX VANGUARD CHARLOTTE FDS	572,634	$27.7M	1.63%

Quarterly Changes

Top Buys

TTENEW

$6.9M

ZTSNEW

$6.3M

ZBH↑ Increased

$3.5M

TYLNEW

$3.4M

CLX↑ Increased

$3.0M

Top Sells

NVDA↓ Decreased

$65.6M

MSFT↓ Decreased

$30.0M

AMZN↓ Decreased

$27.8M

META↓ Decreased

$27.2M

AAPL↓ Decreased

$22.3M

New Positions (18)

$6.9M · 105K shares

$6.3M · 50K shares

$3.4M · 8K shares

$2.5M · 67K shares

$2.1M · 57K shares

$2.0M · 13K shares

$2.0M · 21K shares

$1.8M · 9K shares

$1.4M · 26K shares

$1.4M · 30K shares

$1.2M · 10K shares

$942K · 12K shares

DOO

$824K · 12K shares

CRC

$699K · 21K shares

SOLS

$565K · 12K shares

$529K · 12K shares

CCO

$296K · 3K shares

CVE

$249K · 15K shares

Closed Positions (162)

$15.4M · 92K shares

$13.8M · 56K shares

$12.2M · 33K shares

$11.8M · 58K shares

$11.7M · 15K shares

$10.3M · 36K shares

$10.3M · 23K shares

$9.7M · 61K shares

$9.0M · 9K shares

$8.7M · 9K shares

$7.9M · 23K shares

$7.4M · 30K shares

$7.3M · 29K shares

$7.1M · 15K shares

$7.1M · 75K shares

$6.9M · 68K shares

$6.8M · 25K shares

$6.8M · 70K shares

$6.8M · 200K shares

$6.7M · 19K shares

$6.5M · 66K shares

$6.5M · 375K shares

$6.3M · 13K shares

$6.0M · 21K shares

$6.0M · 139K shares

$5.8M · 44K shares

$5.8M · 302K shares

$5.4M · 67K shares

$5.2M · 36K shares

$5.2M · 8K shares

$5.1M · 19K shares

$4.8M · 12K shares

$4.7M · 6K shares

$4.5M · 67K shares

$4.3M · 16K shares

$4.2M · 2K shares

$4.1M · 42K shares

$4.0M · 264K shares

$4.0M · 8K shares

$3.8M · 62K shares

$3.6M · 284K shares

$3.6M · 7K shares

$3.4M · 47K shares

$3.4M · 36K shares

$3.4M · 61K shares

$3.3M · 8K shares

$3.3M · 35K shares

$3.3M · 10K shares

$3.3M · 19K shares

$3.2M · 21K shares

$3.1M · 8K shares

$2.8M · 24K shares

$2.8M · 61K shares

$2.7M · 21K shares

$2.7M · 5K shares

$2.7M · 10K shares

$2.6M · 31K shares

$2.5M · 49K shares

$2.5M · 32K shares

$2.4M · 11K shares

$2.3M · 16K shares

$2.3M · 13K shares

$2.2M · 21K shares

$2.2M · 18K shares

$2.1M · 20K shares

$2.1M · 40K shares

$2.1M · 37K shares

$2.1M · 8K shares

$2.1M · 16K shares

$2.0M · 101K shares

$2.0M · 23K shares

$2.0M · 28K shares

$2.0M · 14K shares

$2.0M · 8K shares

$1.9M · 54K shares

$1.9M · 6K shares

$1.9M · 6K shares

$1.9M · 58K shares

WNS HLDGS LTD

$1.8M · 24K shares

AHL

$1.8M · 49K shares

$1.8M · 23K shares

$1.8M · 22K shares

$1.8M · 14K shares

$1.8M · 103K shares

$1.8M · 27K shares

$1.7M · 33K shares

$1.7M · 18K shares

$1.7M · 184K shares

$1.6M · 12K shares

$1.6M · 81K shares

$1.6M · 5K shares

$1.6M · 131K shares

$1.6M · 64K shares

$1.6M · 66K shares

$1.5M · 2K shares

$1.5M · 10K shares

$1.5M · 80K shares

$1.5M · 90K shares

$1.5M · 221K shares

$1.5M · 34K shares

$1.4M · 73K shares

$1.4M · 69K shares

$1.4M · 185K shares

$1.4M · 7K shares

$1.4M · 9K shares

$1.4M · 5K shares

$1.3M · 7K shares

$1.3M · 14K shares

$1.3M · 18K shares

$1.3M · 5K shares

$1.3M · 6K shares

$1.3M · 5K shares

$1.2M · 112K shares

$1.2M · 5K shares

$1.2M · 68K shares

$1.2M · 109K shares

$1.2M · 32K shares

$1.2M · 41K shares

$1.1M · 15K shares

$1.1M · 3K shares

$1.1M · 16K shares

$1.1M · 40K shares

$1.0M · 10K shares

$1.0M · 6K shares

$1.0M · 15K shares

$989K · 661 shares

$986K · 6K shares

$983K · 26K shares

$966K · 13K shares

$965K · 54K shares

$941K · 26K shares

$935K · 17K shares

$931K · 28K shares

$913K · 34K shares

$898K · 8K shares

$888K · 27K shares

$877K · 38K shares

$857K · 9K shares

$849K · 34K shares

$829K · 8K shares

$818K · 27K shares

$804K · 18K shares

$804K · 12K shares

$786K · 11K shares

$784K · 16K shares

$772K · 86K shares

MGRC

$767K · 7K shares

$754K · 22K shares

CMG

$742K · 19K shares

$732K · 11K shares

$729K · 72K shares

$727K · 11K shares

$682K · 14K shares

$672K · 68K shares

$632K · 9K shares

$553K · 82K shares

$480K · 5K shares

$459K · 5K shares

$363K · 56K shares

$255K · 937 shares

$215K · 786 shares

$39K · 16K shares

Sector Breakdown

Sector	# Holdings	Value	%
Financial Services	56	$512.9M	30.3%
Technology	49	$315.7M	18.6%
Unknown	22	$294.2M	17.4%
Healthcare	40	$115.0M	6.8%
Communication Services	14	$104.1M	6.1%
Industrials	41	$103.2M	6.1%
Consumer Defensive	24	$79.0M	4.7%
Consumer Cyclical	36	$75.8M	4.5%
Energy	19	$47.8M	2.8%
Basic Materials	12	$19.4M	1.1%
Real Estate	8	$15.9M	0.9%
Utilities	6	$11.0M	0.6%