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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
First Manhattan Co993$339.0K0.00%00.0%Unchanged
Bard Financial Services, Inc.1,000$342.0K0.03%00.0%Unchanged
Cadent Capital Advisors, LLC1,003$343.0K0.15%−38−3.7%Reduced
Connectus Wealth, LLC1,012$346.0K0.01%+1,012New
Quantinno Capital Management LP1,025$351.0K0.06%+1,025New
Commonwealth Equity Services, LLC1,082$370.0K0.00%+156+16.8%Added
HBK Sorce Advisory LLC1,098$376.0K0.02%−4−0.4%Reduced
Heartland Bank & Trust Co1,130$386.0K0.29%00.0%Unchanged
Krane Funds Advisors LLC1,142$391.0K0.01%−379−24.9%Reduced
Capital Investment Counsel, Inc1,150$393.0K0.07%00.0%Unchanged
Synovus Financial Corp1,188$398.0K0.00%+176+17.4%Added
Beacon Pointe Advisors, LLC1,170$400.0K0.01%−139−10.6%Reduced
Fifth Third Bancorp1,193$408.0K0.00%+1,074+902.5%Added
Assenagon Asset Management S.A.1,195$409.0K0.00%−202−14.5%Reduced
Virginia Retirement Systems Et Al1,200$410.0K0.00%+1,200New
Personal Capital Advisors Corp1,289$441.0K0.00%+1,289New
Voloridge Investment Management, LLC1,346$460.0K0.00%−5,745−81.0%Reduced
HM Payson & Co1,350$462.0K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.1,359$464.0K0.00%−1−0.1%Reduced
Walleye Capital LLC1,380$472.0K0.02%+1,380New
Tower Research Capital LLC (TRC)1,387$474.0K0.01%+1,304+1,571.1%Added
Montag A & Associates Inc1,400$479.0K0.02%00.0%Unchanged
Welch & Forbes LLC1,410$483.0K0.01%00.0%Unchanged
Metropolitan Life Insurance Co1,454$497.3K0.01%−11−0.8%Reduced
BTC Capital Management, Inc.1,468$499.0K0.05%+1,468New
Connable Office Inc1,470$503.0K0.06%00.0%Unchanged
Creative Planning1,474$504.0K0.00%+68+4.8%Added
Two Sigma Advisers, LP1,500$513.0K0.00%+1,500New
Procyon Private Wealth Partners, LLC1,522$521.0K0.11%+370+32.1%Added
Pictet Asset Management SA1,530$523.0K0.00%00.0%Unchanged
CIBC Private Wealth Group, LLC1,554$531.0K0.00%+250+19.2%Added
Parallel Advisors, LLC1,571$537.0K0.02%+10+0.6%Added
First Republic Investment Management, Inc.1,621$554.0K0.00%+67+4.3%Added
Versor Investments LP1,700$581.0K0.02%+1,700New
Maryland State Retirement & Pension System1,727$591.0K0.02%00.0%Unchanged
Pekin Hardy Strauss, Inc.1,730$592.0K0.08%+1+0.1%Added
CIBC Asset Management Inc1,758$601.0K0.00%+10+0.6%Added
Great West Life Assurance Co1,791$611.0K0.00%−7−0.4%Reduced
BCJ Capital Management, LLC1,799$615.0K0.06%−416−18.8%Reduced
Spectrum Asset Management, Inc. (NB/CA)1,800$616.0K0.17%00.0%Unchanged
Vestmark Advisory Solutions, Inc.1,809$619.0K0.03%+8+0.4%Added
JustInvest LLC1,826$624.0K0.04%+819+81.3%Added
Janney Montgomery Scott LLC1,881$643.0K0.00%+6+0.3%Added
Martingale Asset Management L P1,973$676.0K0.01%00.0%Unchanged
Hanlon Investment Management, Inc.2,000$684.0K0.13%00.0%Unchanged
Shell Asset Management Co2,005$686.0K0.01%+415+26.1%Added
ProShare Advisors LLC2,039$697.0K0.00%+9+0.4%Added
Los Angeles Capital Management LLC2,078$711.0K0.00%−141−6.4%Reduced
Bank of Montreal2,103$733.0K0.00%−25,831−92.5%Reduced
Gsa Capital Partners LLP2,164$740.0K0.09%+1,023+89.7%Added
Citadel Advisors LLC2,186$748.0K0.00%−7,387−77.2%Reduced
Fiduciary Trust Co2,231$763.0K0.01%−83−3.6%Reduced
Raymond James & Associates2,312$791.0K0.00%+227+10.9%Added
DekaBank Deutsche Girozentrale2,384$812.0K0.00%−172−6.7%Reduced
Algert Global LLC2,387$816.0K0.10%00.0%Unchanged
Davenport & Co LLC2,415$826.0K0.01%+1,288+114.3%Added
Navellier & Associates Inc2,421$828.0K0.12%−14−0.6%Reduced
Xponance, Inc.2,422$828.0K0.01%+26+1.1%Added
Leverage Partners Absolute Return Fund SPC2,500$855.0K0.49%−500−16.7%Reduced
LPL Financial LLC2,511$859.0K0.00%−85−3.3%Reduced
Regentatlantic Capital LLC2,516$860.0K0.02%00.0%Unchanged
Advisory Services Network, LLC2,618$895.0K0.03%−64−2.4%Reduced
Precision Wealth Strategies, LLC2,693$921.0K0.66%+273+11.3%Added
HSBC Holdings PLC2,700$923.0K0.00%−11,406−80.9%Reduced
Wolverine Trading, LLC2,765$945.0K0.01%+2,765New
Public Employees Retirement Association of Colorado2,787$953.0K0.00%00.0%Unchanged
Stanley-Laman Group, Ltd.2,827$967.0K0.11%−32,086−91.9%Reduced
State of Wisconsin Investment Board2,844$973.0K0.00%−88−3.0%Reduced
Accretive Wealth Partners, LLC3,006$1.03M0.65%+90+3.1%Added
Bradley Foster & Sargent Inc3,021$1.03M0.02%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)3,092$1.06M0.01%+592+23.7%Added
Illinois Municipal Retirement Fund3,177$1.09M0.03%+605+23.5%Added
BCGM Wealth Management, LLC3,241$1.11M0.60%+198+6.5%Added
Avantax Advisory Services, Inc.3,348$1.15M0.02%+223+7.1%Added
Allstate Corp3,394$1.16M0.02%−1,672−33.0%Reduced
Twin Capital Management Inc3,544$1.21M0.12%−340−8.8%Reduced
Mirabella Financial Services LLP3,630$1.24M0.13%+3,630New
Veritable, L.P.3,744$1.28M0.02%−111−2.9%Reduced
Advisor Group Holdings, Inc.3,989$1.36M0.00%+73+1.9%Added
Fiera Capital Corp3,993$1.37M0.00%00.0%Unchanged
Black Creek Investment Management Inc.4,000$1.37M0.04%−1,300−24.5%Reduced
Iridian Asset Management LLC4,032$1.38M0.09%−702−14.8%Reduced
Ergoteles LLC4,100$1.40M0.05%+4,100New
Baker Tilly Wealth Management, LLC4,113$1.41M0.15%−44−1.1%Reduced
Utah Retirement Systems4,185$1.43M0.02%00.0%Unchanged
O'Shares Investment Advisers, LLC4,262$1.46M0.10%+129+3.1%Added
Handelsbanken Fonder AB4,272$1.46M0.01%00.0%Unchanged
Grandeur Peak Global Advisors, LLC4,348$1.49M0.07%+48+1.1%Added
Teacher Retirement System of Texas4,554$1.56M0.01%+785+20.8%Added
Knowledge Leaders Capital, LLC4,595$1.57M1.15%+160+3.6%Added
Covey Capital Advisors, LLC4,611$1.58M1.27%+4,611New
APG Asset Management N.V.5,300$1.59M0.00%+5,300New
Martin Capital Advisors, LLP4,699$1.61M0.99%+4,699New
Truist Financial Corp4,778$1.63M0.00%−1,124−19.0%Reduced
Johnson Investment Counsel Inc4,864$1.66M0.02%−90−1.8%Reduced
Davy Global Fund Management Ltd4,927$1.69M0.26%+878+21.7%Added
Amalgamated Bank5,414$1.85M0.01%+714+15.2%Added
D. E. Shaw & Co., Inc.5,508$1.88M0.00%−2,408−30.4%Reduced
BNP Paribas Arbitrage, SA5,650$1.93M0.00%−6,490−53.5%Reduced
Motive Wealth Advisors5,815$1.99M1.20%−196−3.3%Reduced