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Portfolio (Quarterly) Guide ↗

Morningstar Investment Management LLC

· CIK 0001673385
13F Portfolio $1.6B AUM 315 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 48 New 147 Added 110 Reduced 60 Exited
Page 6 of 6  ·  110 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 KVUE KENVUE INC Consumer Defensive 19,425.0 $335K 0.02% -155K -88.9% $17.24 +1.5%
102 MIDD MIDDLEBY CORP Industrials 2,485.0 $329K 0.02% -1K -35.0% $132.58 +13.7%
103 BKNG BOOKING HOLDINGS INC Consumer Cyclical 64.0 $269K 0.02% -33.0 -34.0% $4210.31 -96.1%
104 MKTX MARKETAXESS HLDGS INC Financial Services 1,602.0 $264K 0.02% -21K -93.0% $164.98 -20.5%
105 CVS CVS HEALTH CORP Healthcare 3,450.0 $248K 0.01% -240.0 -6.5% $71.82 +26.3%
106 CANADIAN PACIFIC KANSAS CITY 3,135.0 $247K 0.01% -376.0 -10.7% $78.69
107 VTR VENTAS INC Real Estate 2,828.0 $231K 0.01% -498.0 -15.0% $81.78 +7.8%
108 MGEE MGE ENERGY INC Utilities 2,854.0 $221K 0.01% -2K -38.4% $77.29 -1.7%
109 WU WESTERN UN CO Financial Services 17,198.0 $150K 0.01% -3K -14.2% $8.73 -4.1%
110 LYG LLOYDS BANKING GROUP PLC Financial Services 15,050.0 $76K 0.01% -7K -30.6% $5.03 +9.3%
Page 6 of 6  ·  110 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.2%
Financial Services 12.4%
Healthcare 11.4%
Industrials 11.2%
Communication Services 9.4%
Consumer Defensive 8.1%
Consumer Cyclical 5.9%
Energy 5.8%
Basic Materials 2.9%
Real Estate 2.3%