Trade of the BUY MORN · April McClain Delaney
Morningstar, Inc. - Common Stock (MORN)
Looks like ordinary portfolio activity
| Inside their committee's jurisdiction |
|
0/32 |
| Isolated decision, not a bulk rebalance |
|
22/22 |
|
Small, thinly-followed company
Nobody needs inside information to buy a mega-cap.
|
|
7/10 |
|
A name they had never held before
A first purchase is a decision; the ninth purchase of the same holding is a standing order.
|
|
8/8 |
| Member's own account |
|
0/8 |
| Committee chair or ranking member |
|
0/8 |
|
Unusually large for this member
Against their own median trade, not an absolute threshold - and capped, because trades beyond 3x did worse, not better.
|
|
6/6 |
| Position size |
|
1/3 |
| Leveraged instrument (option) |
|
0/3 |
A high grade is not an allegation. Every input is public, and buying into an industry you work on daily is ordinary expertise. What the trade actually returned is deliberately excluded from this score and shown separately below.
It is also not a forecast. Measured across every settled trade, A-graded ones did not beat E-graded ones to any significant degree — the method page prints the table. This score says a trade looks like a decision rather than administration, and nothing more.
The filing it came from
2nd member to buy this in 60 days Also bought by Lisa McClain in the 60 days before this filing became public.
filed in 31 days Towards the 45-day statutory limit.
How this position ended
| Sold | Held | Return | vs S&P | |
|---|---|---|---|---|
| 15 Jan 2026 | 166 d | -20.5% | -32.5% | part of the holding |
| 06 Feb 2026 | 188 d | -39.0% | -50.7% | part of the holding |
| 19 Feb 2026 | 201 d | -40.3% | -51.1% | part of the holding |
| 25 Feb 2026 | 207 d | -36.4% | -48.6% | part of the holding |
| 16 Apr 2026 | 257 d | -33.3% | -47.1% | part of the holding |
| 17 Apr 2026 | 258 d | -31.9% | -47.1% | part of the holding |
| 30 Apr 2026 | 271 d | -37.6% | -54.2% | part of the holding |
| 04 May 2026 | 275 d | -38.0% | -54.5% | part of the holding |
Closed by the member. What the member did afterwards, for context. The strategy does not act on it: exiting when members disclose selling cost 6.50 points against holding the full twelve months.
Not in the strategy. Either this purchase falls outside the member's committee jurisdiction, or the security has no usable price history to trade against.
This filing disclosed 16 transactions in total, of which 1 share this trade date (02 Aug 2025).
Few other trades share this date, so this reads as a discrete decision rather than a portfolio sweep.
Filed 02 Sep 2025 · source PDF
Price
52-week range $141.41 – $262.45. The marker is the entry: the first market open after this filing became public.
Morningstar, Inc.
Morningstar, Inc. provides independent investment insights for investors in the United States, Asia, Australia, Canada, Continental Europe, the United Kingdom, and internationally. It operates through five segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The company offers managed investments, including mutual funds, exchanged traded funds, separate…
| Sector | Financial Services |
| Industry | Financial Data & Stock Exchanges |
| Analyst range | $220 – $260 |
| Employees | 10,973 |
| Instrument | ST |
| Jurisdiction tags | financials |
Outside this member's committee jurisdiction (aerospace, agriculture, commodities, technology).
Expressing this with options
An illustration, not a recommendation: the nearest listed expiry to a twelve-month horizon, struck near the money. Chains are live — Yahoo publishes no historical chains, so this is priced today, not when the filing was made, and the move it describes may already have happened.
Loading chain…
Outcome
| Held | This trade | S&P 500 | Alpha |
|---|---|---|---|
| 1m | -11.2% | +4.4% | -15.6% |
| 3m | -14.4% | +6.7% | -21.2% |
| 6m | -26.4% | +7.2% | -33.7% |
| now 11.3 mo | -24.6% | +21.5% | -46.1% |
| 12m 1yr | — | — | — |
| 18m | — | — | — |
| 24m | — | — | — |
| 36m | — | — | — |
| 48m | — | — | — |
| 60m 5yr | — | — | — |
Measured from the first open after disclosure — the earliest anyone reading this could have acted. The highlighted now row sits at its true place in the sequence, so where it falls tells you how long the position has run. The last 6 rows are blank because those windows have not closed yet: this trade was entered 03 Sep 2025, so anything longer than that is still running.
Other congressional trades in MORN
| Grade | Date | Member | Side | Amount |
|---|---|---|---|---|
| E | 06 May 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| E | 04 May 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| E | 30 Apr 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| E | 17 Apr 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| E | 16 Apr 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| D | 25 Feb 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| D | 19 Feb 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| E | 06 Feb 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| D | 15 Jan 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| D | 04 Aug 2025 | Lisa McClain | sale | $1,001 - $15,000 |
| C | 22 Jul 2025 | Lisa McClain | purchase | $1,001 - $15,000 |
| B | 08 May 2020 | Nancy Pelosi | sale partial | $100,001 - $250,000 |