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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 2022

Institutional positions in Morningstar, Inc. as of Dec 31, 2022. 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
318
+14 vs. Q3 2022
Shares held
23.7M
+1.33M (+5.9%) vs. Q3 2022
Total value
$5.14B
+$382.0M (+8.0%) vs. Q3 2022
New holders
43
114 more added
Sold out
29
106 more reduced

7 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 2022: 318 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 2022: $5.14B
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 2022

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q3 2022.

Institutions holding MORN in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Manufacturers Life Insurance Company, The1,302$282.0K0.00%+189+17.0%Added
Parallel Advisors, LLC1,318$285.5K0.01%−33−2.4%Reduced
Simon Quick Advisors, LLC1,324$286.7K0.03%+1,324New
Engineers Gate Manager LP1,326$287.2K0.02%+1,326New
Point72 Middle East FZE1,343$290.9K0.02%+1,343New
Montag A & Associates Inc1,400$303.2K0.02%00.0%Unchanged
MetLife Investment Management1,410$305.4K0.00%−36−2.5%Reduced
Welch & Forbes LLC1,410$305.4K0.01%00.0%Unchanged
Mariner, LLC1,442$312.0K0.00%+147+11.4%Added
CIBC Private Wealth Group, LLC1,595$314.0K0.00%00.0%Unchanged
Connable Office Inc1,470$318.0K0.05%00.0%Unchanged
SYSTM Wealth Solutions LLC1,483$321.2K0.04%+1,483New
JustInvest LLC1,494$323.6K0.01%−348−18.9%Reduced
Connectus Wealth, LLC1,517$328.7K0.01%+1+0.1%Added
Inceptionr LLC1,561$338.1K0.18%+1,561New
Nisa Investment Advisors, LLC1,576$341.0K0.00%−693−30.5%Reduced
FORA Capital, LLC1,627$352.4K0.06%+1,627New
XTX Topco Ltd1,674$362.6K0.08%+1,674New
Baird Financial Group, Inc.1,684$365.0K0.00%+286+20.5%Added
Alliance Wealth Advisors, LLC1,728$374.3K0.17%+1,728New
LPL Financial LLC1,768$382.9K0.00%+145+8.9%Added
Spectrum Asset Management, Inc. (NB/CA)1,800$389.9K0.19%00.0%Unchanged
Pekin Hardy Strauss, Inc.1,876$406.4K0.06%+1+0.1%Added
ProShare Advisors LLC1,914$414.6K0.00%+231+13.7%Added
Maryland State Retirement & Pension System1,914$414.6K0.01%+1,914New
Schonfeld Strategic Advisors LLC1,929$417.8K0.00%+625+47.9%Added
Hanlon Investment Management, Inc.2,000$433.2K0.15%00.0%Unchanged
ExodusPoint Capital Management, LP2,022$438.0K0.01%−1,655−45.0%Reduced
Creative Planning2,031$439.9K0.00%+64+3.3%Added
Truist Financial Corp2,051$444.2K0.00%−439−17.6%Reduced
DFPG Investments, LLC1,872$445.8K0.07%+1,872New
PDT Partners, LLC2,103$455.5K0.07%+2,103New
Walleye Capital LLC2,157$467.2K0.01%+2,157New
Marshall Wace, LLP2,218$480.4K0.00%+359+19.3%Added
Vestmark Advisory Solutions, Inc.2,242$485.6K0.02%+182+8.8%Added
Bridgewater Associates, LP2,269$491.4K0.00%+513+29.2%Added
Planning Alternatives Ltd2,270$491.7K0.09%00.0%Unchanged
Illinois Municipal Retirement Fund2,271$492.0K0.01%00.0%Unchanged
Great West Life Assurance Co2,286$496.0K0.00%−1,660−42.1%Reduced
Leonteq Securities AG2,322$502.9K0.03%+2,322New
Bank of Montreal2,321$509.6K0.00%+297+14.7%Added
Fiduciary Trust Co2,401$520.0K0.01%−100−4.0%Reduced
Precision Wealth Strategies, LLC2,452$531.1K0.55%−44−1.8%Reduced
MML Investors Services, LLC2,549$552.0K0.00%+210+9.0%Added
Legacy Advisors, LLC2,661$576.3K0.11%+834+45.6%Added
Public Employees Retirement Association of Colorado2,787$604.0K0.00%00.0%Unchanged
Eqis Capital Management, Inc.2,806$607.7K0.07%−2,570−47.8%Reduced
CI Private Wealth, LLC2,833$613.6K0.00%+2,833New
Janney Montgomery Scott LLC2,862$620.0K0.00%−27−0.9%Reduced
Jane Street Group, LLC2,897$627.5K0.00%−13,953−82.8%Reduced
Accretive Wealth Partners, LLC2,929$634.4K0.44%+73+2.6%Added
Pictet Asset Management SA3,013$653.0K0.00%+1,321+78.1%Added
Bradley Foster & Sargent Inc3,021$654.3K0.02%00.0%Unchanged
Covey Capital Advisors, LLC3,026$655.4K1.07%−1,740−36.5%Reduced
Cerity Partners LLC3,055$662.1K0.00%−4,232−58.1%Reduced
Handelsbanken Fonder AB3,072$665.0K0.00%00.0%Unchanged
Xponance, Inc.3,120$675.8K0.01%+415+15.3%Added
Royal Bank of Canada3,194$692.0K0.00%+241+8.2%Added
Aquatic Capital Management LLC3,200$693.0K0.05%+800+33.3%Added
Echo Street Capital Management LLC3,377$731.4K0.01%+3,377New
BCGM Wealth Management, LLC3,474$752.4K0.37%−456−11.6%Reduced
Twin Capital Management Inc3,523$763.0K0.10%00.0%Unchanged
Mackenzie Financial Corp3,573$773.9K0.00%+3,573New
UBS Group AG3,596$778.9K0.00%−2,699−42.9%Reduced
Advisory Services Network, LLC3,596$778.9K0.02%+23+0.6%Added
Alps Advisors Inc3,621$784.3K0.01%+374+11.5%Added
Baker Tilly Wealth Management, LLC3,636$787.5K0.10%−207−5.4%Reduced
Avantax Advisory Services, Inc.3,670$794.9K0.01%+65+1.8%Added
Veritable, L.P.3,676$796.2K0.01%−212−5.5%Reduced
First Trust Advisors LP3,738$809.6K0.00%−9,651−72.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)3,767$815.9K0.00%+528+16.3%Added
Arbor Capital Management Inc3,761$816.6K0.73%−313−7.7%Reduced
Intech Investment Management LLC4,035$873.9K0.01%00.0%Unchanged
Advisor Group Holdings, Inc.4,050$877.2K0.00%−541−11.8%Reduced
D. E. Shaw & Co., Inc.4,347$941.5K0.00%−6,564−60.2%Reduced
Utah Retirement Systems4,385$949.7K0.02%00.0%Unchanged
Martin Capital Advisors, LLP4,439$961.4K1.07%+455+11.4%Added
Citigroup Inc4,473$968.8K0.00%+162+3.8%Added
Johnson Investment Counsel Inc4,508$976.4K0.01%−145−3.1%Reduced
Yorktown Management & Research Co Inc4,700$1.02M1.24%00.0%Unchanged
First Republic Investment Management, Inc.4,951$1.07M0.00%+515+11.6%Added
Black Creek Investment Management Inc.5,000$1.08M0.05%00.0%Unchanged
CIBC World Markets Corp5,000$1.08M0.01%+5,000New
Sepio Capital, LP5,064$1.10M0.09%−76−1.5%Reduced
Duality Advisers, LP5,070$1.10M0.12%−2,462−32.7%Reduced
Alberta Investment Management Corp5,294$1.15M0.01%−14,621−73.4%Reduced
Lighthouse Investment Partners, LLC5,526$1.20M0.22%+5,526New
Amalgamated Bank5,592$1.21M0.01%+47+0.8%Added
Mawer Investment Management Ltd.5,662$1.23M0.01%+1,020+22.0%Added
Linden Thomas Advisory Services, LLC5,669$1.23M0.35%+5,669New
Janus Henderson Group PLC5,805$1.26M0.00%+5,805New
Bank of Stockton5,948$1.29M0.45%−289−4.6%Reduced
Davy Global Fund Management Ltd6,022$1.30M0.27%00.0%Unchanged
BNP Paribas Arbitrage, SA6,174$1.34M0.00%−2,023−24.7%Reduced
Buckingham Strategic Wealth, LLC6,224$1.35M0.02%00.0%Unchanged
Empire Life Investments Inc.6,393$1.39M0.10%−15−0.2%Reduced
Ashford Capital Management Inc6,396$1.39M0.21%−212−3.2%Reduced
Ensign Peak Advisors, Inc6,480$1.40M0.00%+2,050+46.3%Added
Two Sigma Advisers, LP6,500$1.41M0.00%−100−1.5%Reduced
Blair William & Co6,571$1.42M0.01%−82−1.2%Reduced