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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
Pallas Capital Advisors LLC6,107$1.47M0.15%+143+2.4%Added
Teacher Retirement System of Texas7,017$1.52M0.01%−325−4.4%Reduced
Arizona State Retirement System7,192$1.56M0.02%+225+3.2%Added
Alamar Capital Management, LLC7,329$1.59M1.63%−95−1.3%Reduced
Atria Investments LLC7,640$1.65M0.03%−378−4.7%Reduced
Commonwealth Equity Services, LLC7,652$1.66M0.00%+2,587+51.1%Added
HighTower Advisors, LLC8,193$1.77M0.00%−143−1.7%Reduced
Neuberger Berman Group LLC8,221$1.78M0.00%−651−7.3%Reduced
Henshaw Capital LLC8,290$1.80M0.12%+13+0.2%Added
Bessemer Group Inc8,445$1.83M0.00%00.0%Unchanged
Redmond Asset Management, LLC8,500$1.84M0.66%00.0%Unchanged
Kensington Investment Counsel, LLC8,913$1.93M1.52%00.0%Unchanged
Oppenheimer Asset Management Inc.8,970$1.94M0.03%+40+0.4%Added
AQR Capital Management LLC9,078$1.97M0.00%−1,705−15.8%Reduced
Twinbeech Capital LP9,374$2.03M0.04%+9,374New
Deutsche Bank AG9,393$2.03M0.00%+3,204+51.8%Added
B. Metzler seel. Sohn & Co. AG9,627$2.09M0.04%+2,666+38.3%Added
Voya Investment Management LLC9,640$2.09M0.00%−114−1.2%Reduced
Alliancebernstein L.P.9,789$2.12M0.00%+249+2.6%Added
M&T Bank Corp9,906$2.15M0.01%+177+1.8%Added
Bright Rock Capital Management, LLC10,000$2.17M0.56%00.0%Unchanged
Azzad Asset Management Inc10,251$2.22M0.35%+483+4.9%Added
Barclays PLC10,401$2.25M0.00%−5,051−32.7%Reduced
Cardinal Capital Management10,535$2.28M0.49%+96+0.9%Added
Quantinno Capital Management LP10,701$2.32M0.17%+9,296+661.6%Added
Treasurer of the State of North Carolina10,792$2.34M0.01%+140+1.3%Added
US Bancorp10,790$2.34M0.00%−197−1.8%Reduced
State of Alaska, Department of Revenue12,072$2.61M0.03%+704+6.2%Added
Captrust Financial Advisors12,148$2.63M0.01%−1,526−11.2%Reduced
Stifel Financial Corp12,455$2.70M0.00%−1,130−8.3%Reduced
Ceera Investments, LLC12,566$2.72M1.72%−94−0.7%Reduced
Public Employees Retirement System of Ohio12,862$2.79M0.01%+34+0.3%Added
Natixis13,800$2.99M0.02%+5,800+72.5%Added
Commerce Bank13,973$3.03M0.02%00.0%Unchanged
State of New Jersey Common Pension Fund D14,374$3.11M0.01%00.0%Unchanged
Squarepoint Ops LLC14,656$3.17M0.02%+6,255+74.5%Added
Qube Research & Technologies Ltd14,845$3.22M0.02%−5,458−26.9%Reduced
Envestnet Asset Management Inc15,273$3.31M0.00%+1,833+13.6%Added
Algert Global LLC15,666$3.39M0.19%+2,000+14.6%Added
George Kaiser Family Foundation15,890$3.44M0.51%+795+5.3%Added
Marks Group Wealth Management, Inc16,350$3.54M0.48%−180−1.1%Reduced
Victory Capital Management Inc17,200$3.73M0.00%+238+1.4%Added
Raymond James & Associates17,228$3.73M0.00%−120−0.7%Reduced
Citadel Advisors LLC18,854$4.08M0.00%−13,791−42.2%Reduced
YHB Investment Advisors, Inc.19,103$4.14M0.44%−378−1.9%Reduced
Russell Investments Group, Ltd.21,646$4.69M0.01%+61+0.3%Added
TownSquare Capital, LLC22,386$4.85M0.12%+3,637+19.4%Added
State of Wisconsin Investment Board22,877$4.95M0.02%−1,575−6.4%Reduced
HRT Financial LP23,144$5.01M0.07%+1,651+7.7%Added
Franklin Resources Inc23,255$5.04M0.00%+798+3.6%Added
Daiwa Securities Group Inc.23,886$5.17M0.04%−1,350−5.3%Reduced
Fisher Asset Management, LLC25,384$5.50M0.00%−3,460−12.0%Reduced
Nicholas Company, Inc.26,320$5.70M0.12%00.0%Unchanged
State Board of Administration of Florida Retirement System26,661$5.77M0.01%00.0%Unchanged
Southeast Asset Advisors Inc.30,213$6.54M1.04%00.0%Unchanged
Price T Rowe Associates Inc31,123$6.74M0.00%+662+2.2%Added
Man Group plc31,797$6.89M0.02%−1,711−5.1%Reduced
California State Teachers Retirement System32,164$6.97M0.01%+223+0.7%Added
National Bank of Canada32,202$6.97M0.02%−26,991−45.6%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.32,206$6.97M0.02%+1,618+5.3%Added
Rhumbline Advisers32,946$7.14M0.01%+1,405+4.5%Added
Kornitzer Capital Management Inc35,993$7.80M0.16%−525−1.4%Reduced
Coronation Fund Managers Ltd.36,774$7.96M0.22%+36,774New
TCW Group Inc37,404$8.10M0.12%−22,057−37.1%Reduced
UBS Asset Management Americas Inc41,518$8.99M0.00%−2,045−4.7%Reduced
Legal & General Group Plc42,895$9.29M0.00%+503+1.2%Added
Ci Investments Inc.43,281$9.37M0.05%+43,068+20,219.7%Added
Credit Suisse AG44,578$9.66M0.01%+12,817+40.4%Added
Segall Bryant & Hamill, LLC44,651$9.67M0.11%−5,516−11.0%Reduced
Ameriprise Financial Inc45,745$9.91M0.00%+100+0.2%Added
2Xideas AG46,401$10.0M1.06%+5,193+12.6%Added
Asset Management One Co.,Ltd.50,788$11.1M0.05%+1,682+3.4%Added
California Public Employees Retirement System54,558$11.8M0.01%+1,299+2.4%Added
Bridgeway Capital Management, LLC58,800$12.7M0.33%+23,550+66.8%Added
Parnassus Investments60,210$13.0M0.03%−6,699−10.0%Reduced
Swiss National Bank61,500$13.3M0.01%+700+1.2%Added
Scout Investments, Inc.62,662$13.6M0.28%+62,662New
Chicago Capital, LLC67,213$14.6M0.81%−2,426−3.5%Reduced
Cramer Rosenthal McGlynn LLC69,547$15.1M0.66%+13,082+23.2%Added
Confluence Investment Management LLC71,729$15.5M0.23%−1,301−1.8%Reduced
Nordea Investment Management AB77,500$16.8M0.03%−2,698−3.4%Reduced
SEI Investments Co84,422$18.3M0.04%−439−0.5%Reduced
Wells Fargo & Company85,199$18.5M0.01%−4,325−4.8%Reduced
Nuveen Asset Management, LLC85,273$18.5M0.01%−5,732−6.3%Reduced
Copeland Capital Management, LLC94,003$20.4M0.54%+33,167+54.5%Added
New York State Common Retirement Fund97,388$21.1M0.03%−11,583−10.6%Reduced
Lazard Asset Management LLC104,056$22.5M0.03%+6,632+6.8%Added
Goldman Sachs Group Inc116,096$25.1M0.01%+13,797+13.5%Added
Northern Trust Corp117,799$25.5M0.01%+8,065+7.3%Added
M&G Investment Management Ltd125,730$27.3M0.20%+25,938+26.0%Added
Loomis Sayles & Co L P146,773$31.8M0.06%+1,081+0.7%Added
Charles Schwab Investment Management Inc163,777$35.5M0.01%+7,334+4.7%Added
Principal Financial Group Inc180,545$39.1M0.03%−24,224−11.8%Reduced
American Capital Management Inc184,448$39.9M1.56%+871+0.5%Added
Royce & Associates LP192,310$41.7M0.44%+1,279+0.7%Added
Allspring Global Investments Holdings, LLC232,220$50.3M0.09%+132,021+131.8%Added
Norges Bank247,576$53.6M0.01%+9,126+3.8%Added
Bank of New York Mellon Corp285,570$61.9M0.01%−3,585−1.2%Reduced
Praesidium Investment Management Company, LLC298,676$64.7M6.57%−28,608−8.7%Reduced
Dimensional Fund Advisors LP301,994$65.4M0.02%−3,894−1.3%Reduced