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Morningstar, Inc.

MORN
Exchange
Nasdaq
Industry
Investment Advice
SEC CIK
0001289419

In the last 90 days, Morningstar, Inc. insiders filed 0 open-market purchases and 8 sales; 420 institutions reported holding it in 13F filings for Q2 2026, worth $3.79B in total; no superinvestor holds it.

13F holders, Q4 2021

Institutional positions in Morningstar, Inc. as of Dec 31, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
341
+26 vs. Q3 2021
Shares held
23.2M
+695.3K (+3.1%) vs. Q3 2021
Total value
$7.92B
+$2.09B (+36.0%) vs. Q3 2021
New holders
60
101 more added
Sold out
34
128 more reduced

3 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MORN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2021: 341 institutions
Q1 2021: 309 institutionsQ2 2021: 295 institutionsQ3 2021: 318 institutionsQ4 2021: 341 institutionsQ1 2022: 336 institutionsQ2 2022: 325 institutionsQ3 2022: 311 institutionsQ4 2022: 318 institutionsQ1 2023: 302 institutionsQ2 2023: 294 institutionsQ3 2023: 325 institutionsQ4 2023: 353 institutionsQ1 2024: 385 institutionsQ2 2024: 393 institutionsQ3 2024: 412 institutionsQ4 2024: 451 institutionsQ1 2025: 464 institutionsQ2 2025: 481 institutionsQ3 2025: 452 institutionsQ4 2025: 475 institutionsQ1 2026: 447 institutionsQ2 2026: 420 institutions
Value heldQ4 2021: $7.92B
Q1 2021: $4.83BQ2 2021: $5.62BQ3 2021: $5.83BQ4 2021: $7.92BQ1 2022: $6.41BQ2 2022: $5.67BQ3 2022: $4.99BQ4 2022: $5.14BQ1 2023: $4.85BQ2 2023: $4.79BQ3 2023: $6.17BQ4 2023: $7.22BQ1 2024: $7.92BQ2 2024: $7.63BQ3 2024: $8.25BQ4 2024: $8.67BQ1 2025: $7.57BQ2 2025: $8.05BQ3 2025: $5.78BQ4 2025: $5.27BQ1 2026: $3.99BQ2 2026: $3.79B
Institutions holding MORN and their total value by quarter
QuarterHoldersValue
Q2 2026420$3.79B
Q1 2026447$3.99B
Q4 2025475$5.27B
Q3 2025452$5.78B
Q2 2025481$8.05B
Q1 2025464$7.57B
Q4 2024451$8.67B
Q3 2024412$8.25B
Q2 2024393$7.63B
Q1 2024385$7.92B
Q4 2023353$7.22B
Q3 2023325$6.17B
Q2 2023294$4.79B
Q1 2023302$4.85B
Q4 2022318$5.14B
Q3 2022311$4.99B
Q2 2022325$5.67B
Q1 2022336$6.41B
Q4 2021341$7.92B
Q3 2021318$5.83B
Q2 2021295$5.62B
Q1 2021309$4.83B

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q3 2021.

Institutions holding MORN in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Select Equity Group, L.P.4,850,288$1.66B4.92%+688,048+16.5%Added
Vanguard Group Inc2,273,246$777.4M0.02%+5,347+0.2%Added
Bamco Inc1,208,920$413.4M0.88%−4990.0%Reduced
Kayne Anderson Rudnick Investment Management LLC1,198,957$410.0M0.94%−38,276−3.1%Reduced
BlackRock Inc.1,052,758$360.0M0.01%+12,488+1.2%Added
Atlanta Capital Management Co L L C1,015,513$347.3M1.18%−85,207−7.7%Reduced
FMR LLC869,129$297.2M0.02%−54,603−5.9%Reduced
Wasatch Advisors Inc805,703$275.5M1.12%−8,870−1.1%Reduced
JPMorgan Chase & Co576,347$197.1M0.02%+97,873+20.5%Added
Echo Street Capital Management LLC527,361$180.4M1.21%−23,388−4.2%Reduced
Pendal Group Limited441,537$151.0M1.21%−5,307−1.2%Reduced
Artisan Partners Limited Partnership420,553$143.8M0.17%−39,591−8.6%Reduced
Renaissance Technologies LLC410,900$140.5M0.17%−39,270−8.7%Reduced
Massachusetts Financial Services Co376,239$128.7M0.04%+376,239New
State Street Corp367,576$125.7M0.01%+13,752+3.9%Added
Invesco Ltd.322,939$110.4M0.03%−1,646−0.5%Reduced
Geode Capital Management, LLC319,041$109.1M0.01%+11,178+3.6%Added
Dimensional Fund Advisors LP313,742$107.3M0.03%−1,256−0.4%Reduced
Royce & Associates LP313,459$107.2M0.80%−26,291−7.7%Reduced
Bank of New York Mellon Corp307,535$105.2M0.02%−11,991−3.8%Reduced
Praesidium Investment Management Company, LLC226,512$77.5M4.35%−17,355−7.1%Reduced
Norges Bank225,967$77.3M0.02%−1,936−0.8%Reduced
American Capital Management Inc184,391$63.1M1.62%−418−0.2%Reduced
Loomis Sayles & Co L P143,494$49.1M0.06%−1,465−1.0%Reduced
Bank of America Corp139,879$47.8M0.01%−3,683−2.6%Reduced
Charles Schwab Investment Management Inc136,438$46.7M0.01%+2,617+2.0%Added
Millennium Management LLC125,935$43.1M0.05%−93,117−42.5%Reduced
Lazard Asset Management LLC120,765$41.3M0.04%−19,504−13.9%Reduced
Chicago Capital, LLC118,820$40.6M1.51%−1,745−1.4%Reduced
Parametric Portfolio Associates LLC115,372$39.5M0.02%−2,152−1.8%Reduced
Allspring Global Investments Holdings, LLC114,957$39.3M0.04%+114,957New
Northern Trust Corp109,590$37.5M0.01%−2,881−2.6%Reduced
Principal Financial Group Inc107,512$36.8M0.02%−18,293−14.5%Reduced
Nuveen Asset Management, LLC105,136$36.0M0.01%−9,837−8.6%Reduced
Morgan Stanley99,437$34.0M0.00%−3,551−3.4%Reduced
New York State Common Retirement Fund96,907$33.1M0.03%−38,489−28.4%Reduced
Pelham Global Financials Ltd96,126$32.9M14.56%−31,200−24.5%Reduced
Parnassus Investments92,446$31.6M0.06%00.0%Unchanged
Eaton Vance Management90,826$31.1M0.04%+6,680+7.9%Added
LMR Partners LLP90,393$30.9M0.41%+22,225+32.6%Added
Wells Fargo & Company85,067$29.1M0.01%−165,864−66.1%Reduced
SEI Investments Co76,773$26.1M0.05%+2,045+2.7%Added
Confluence Investment Management LLC76,324$26.1M0.35%−345−0.4%Reduced
VGI Partners Ltd72,810$24.9M2.99%−5,087−6.5%Reduced
Engle Capital Management, L.P.69,609$23.8M4.81%+69,609New
Cramer Rosenthal McGlynn LLC66,472$22.7M0.73%−1,874−2.7%Reduced
Goldman Sachs Group Inc64,937$22.2M0.01%+2,751+4.4%Added
Copeland Capital Management, LLC62,278$21.3M0.55%−989−1.6%Reduced
TCW Group Inc60,618$20.7M0.17%−1,831−2.9%Reduced
Mawer Investment Management Ltd.58,772$20.1M0.09%−10,135−14.7%Reduced
Northern Right Capital Management, L.P.54,997$18.8M5.85%−6,111−10.0%Reduced
2Xideas AG54,932$18.8M1.13%+11,738+27.2%Added
California Public Employees Retirement System53,069$18.1M0.01%00.0%Unchanged
Swiss National Bank52,100$17.8M0.01%−100−0.2%Reduced
Ameriprise Financial Inc48,627$16.6M0.00%+48,627New
UBS Asset Management Americas Inc43,054$14.7M0.01%+1,152+2.7%Added
Kornitzer Capital Management Inc42,705$14.6M0.22%−1,460−3.3%Reduced
First Trust Advisors LP41,006$14.0M0.01%−4,595−10.1%Reduced
Panagora Asset Management Inc39,895$13.6M0.07%−1,720−4.1%Reduced
Segall Bryant & Hamill, LLC36,187$12.4M0.11%+939+2.7%Added
Asset Management One Co.,Ltd.35,131$12.0M0.04%+7,394+26.7%Added
Nordea Investment Management AB35,054$12.0M0.01%−216−0.6%Reduced
ExodusPoint Capital Management, LP34,257$11.7M0.14%+29,331+595.4%Added
California State Teachers Retirement System32,859$11.2M0.01%−6,849−17.2%Reduced
Daiwa Securities Group Inc.31,595$10.8M0.06%+1,000+3.3%Added
Man Group plc31,464$10.8M0.03%−7,391−19.0%Reduced
Nicholas Company, Inc.31,345$10.7M0.17%−3,900−11.1%Reduced
Rhumbline Advisers28,044$9.59M0.01%+101+0.4%Added
Victory Capital Management Inc27,344$9.35M0.01%−1,743−6.0%Reduced
State Board of Administration of Florida Retirement System27,144$9.28M0.02%−128−0.5%Reduced
Credit Suisse AG26,279$8.99M0.01%−4,378−14.3%Reduced
SG Americas Securities, LLC25,364$8.67M0.06%+23,479+1,245.6%Added
Southeast Asset Advisors Inc.25,355$8.67M1.19%+397+1.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.24,178$8.27M0.03%+493+2.1%Added
Arrowstreet Capital, Limited Partnership23,546$8.05M0.01%−23,977−50.5%Reduced
YHB Investment Advisors, Inc.23,023$7.87M0.62%−90−0.4%Reduced
Legal & General Group Plc22,240$7.61M0.00%+327+1.5%Added
Susquehanna International Group, LLP20,367$6.96M0.01%+18,250+862.1%Added
Citigroup Inc20,097$6.87M0.01%−2,505−11.1%Reduced
Franklin Resources Inc19,836$6.78M0.00%+1,561+8.5%Added
Janus Henderson Group PLC19,636$6.72M0.00%+2,356+13.6%Added
Alberta Investment Management Corp19,562$6.69M0.04%+19,562New
Fisher Asset Management, LLC18,560$6.35M0.00%−5,802−23.8%Reduced
TownSquare Capital, LLC17,755$6.07M0.15%−335−1.9%Reduced
Stifel Financial Corp16,754$5.73M0.01%−308−1.8%Reduced
UBS Group AG16,526$5.65M0.00%+9,301+128.7%Added
Russell Investments Group, Ltd.15,884$5.43M0.01%+9,638+154.3%Added
Bank of Nova Scotia15,818$5.41M0.01%+7,500+90.2%Added
Marks Group Wealth Management, Inc15,745$5.36M0.65%−262−1.6%Reduced
Capitolis Advisors LLC15,596$5.33M0.03%+15,485+13,950.5%Added
Commerce Bank13,690$4.68M0.03%−4,820−26.0%Reduced
US Bancorp13,395$4.58M0.01%−20−0.1%Reduced
State of New Jersey Common Pension Fund D13,252$4.53M0.01%+542+4.3%Added
Public Employees Retirement System of Ohio13,247$4.53M0.02%−616−4.4%Reduced
Ceera Investments, LLC13,217$4.52M2.34%−220−1.6%Reduced
National Bank of Canada13,185$4.49M0.02%+13,185New
Rafferty Asset Management, LLC12,341$4.22M0.02%+1,111+9.9%Added
Cardinal Capital Management11,843$4.05M0.80%−250−2.1%Reduced
AQR Capital Management LLC11,734$4.01M0.01%−1,372−10.5%Reduced
State of Alaska, Department of Revenue11,481$3.93M0.04%−240−2.0%Reduced