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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, Q1 2023

Institutional positions in Morningstar, Inc. as of Mar 31, 2023. 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
302
−14 vs. Q4 2022
Shares held
23.8M
+506.4K (+2.2%) vs. Q4 2022
Total value
$4.85B
−$207.6M (−4.1%) vs. Q4 2022
New holders
31
112 more added
Sold out
45
103 more reduced

2 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2023: 302 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 heldQ1 2023: $4.85B
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, Q1 2023

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q4 2022.

Institutions holding MORN in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Select Equity Group, L.P.3,900,090$791.8M2.99%−45,691−1.2%Reduced
Vanguard Group Inc2,491,640$505.9M0.01%+17,007+0.7%Added
Bank of America Corp2,456,424$498.7M0.06%+125,371+5.4%Added
Morgan Stanley1,621,162$329.1M0.04%+401,988+33.0%Added
Bamco Inc1,128,519$229.1M0.69%−5,000−0.4%Reduced
BlackRock Inc.1,105,066$224.4M0.01%+8,845+0.8%Added
Kayne Anderson Rudnick Investment Management LLC875,928$177.8M0.52%−23,656−2.6%Reduced
JPMorgan Chase & Co871,362$176.9M0.02%+36,998+4.4%Added
Massachusetts Financial Services Co635,328$129.0M0.04%+34,511+5.7%Added
Wasatch Advisors Inc554,747$112.6M0.70%−84,162−13.2%Reduced
FMR LLC410,501$83.3M0.01%−55,450−11.9%Reduced
State Street Corp395,102$80.2M0.00%+10,615+2.8%Added
Perpetual Ltd392,108$79.6M0.69%+392,108New
Geode Capital Management, LLC377,389$76.6M0.01%+11,348+3.1%Added
Millennium Management LLC343,481$69.7M0.08%−73,694−17.7%Reduced
Invesco Ltd.334,371$67.9M0.02%−690.0%Reduced
Renaissance Technologies LLC311,600$63.3M0.08%−29,770−8.7%Reduced
Praesidium Investment Management Company, LLC301,840$61.3M5.54%+3,164+1.1%Added
Dimensional Fund Advisors LP297,202$60.3M0.02%−4,792−1.6%Reduced
Bank of New York Mellon Corp283,546$57.6M0.01%−2,024−0.7%Reduced
Norges Bank246,634$50.1M0.01%−942−0.4%Reduced
Allspring Global Investments Holdings, LLC223,572$45.4M0.08%−8,648−3.7%Reduced
Royce & Associates LP192,036$39.0M0.39%−274−0.1%Reduced
American Capital Management Inc184,056$37.4M1.32%−392−0.2%Reduced
Charles Schwab Investment Management Inc166,060$33.7M0.01%+2,283+1.4%Added
Principal Financial Group Inc160,328$32.6M0.02%−20,217−11.2%Reduced
Liontrust Investment Partners LLP150,000$30.5M0.46%+150,000New
Loomis Sayles & Co L P146,183$29.7M0.05%−590−0.4%Reduced
M&G Investment Management Ltd141,744$28.8M0.20%+16,014+12.7%Added
SEI Investments Co128,135$26.0M0.05%+43,713+51.8%Added
Northern Trust Corp124,071$25.2M0.00%+6,272+5.3%Added
Copeland Capital Management, LLC95,220$19.3M0.45%+1,217+1.3%Added
Parnassus Investments94,728$19.2M0.05%+34,518+57.3%Added
Nuveen Asset Management, LLC84,075$17.1M0.01%−1,198−1.4%Reduced
Scout Investments, Inc.83,377$16.9M0.34%+20,715+33.1%Added
Wells Fargo & Company83,275$16.9M0.01%−1,924−2.3%Reduced
Lazard Asset Management LLC80,576$16.4M0.02%−23,480−22.6%Reduced
Cramer Rosenthal McGlynn LLC80,309$16.3M0.74%+10,762+15.5%Added
Nordea Investment Management AB75,519$15.1M0.02%−1,981−2.6%Reduced
Ameriprise Financial Inc74,048$15.0M0.00%+28,303+61.9%Added
Confluence Investment Management LLC72,945$14.8M0.22%+1,216+1.7%Added
Goldman Sachs Group Inc67,245$13.7M0.00%−48,851−42.1%Reduced
Chicago Capital, LLC64,315$13.1M0.65%−2,898−4.3%Reduced
California Public Employees Retirement System55,298$11.2M0.01%+740+1.4%Added
Swiss National Bank55,000$11.2M0.01%−6,500−10.6%Reduced
New York State Common Retirement Fund54,362$11.0M0.01%−43,026−44.2%Reduced
Bridgeway Capital Management, LLC50,400$10.2M0.27%−8,400−14.3%Reduced
2Xideas AG48,966$9.94M0.96%+2,565+5.5%Added
Ci Investments Inc.47,403$9.62M0.05%+4,122+9.5%Added
Credit Suisse AG46,754$9.49M0.01%+2,176+4.9%Added
Legal & General Group Plc45,011$9.14M0.00%+2,116+4.9%Added
UBS Asset Management Americas Inc43,197$8.77M0.00%+1,679+4.0%Added
Asset Management One Co.,Ltd.41,685$8.38M0.04%−9,103−17.9%Reduced
Coronation Fund Managers Ltd.41,055$8.34M0.22%+4,281+11.6%Added
Artisan Partners Limited Partnership40,350$8.19M0.01%−298,434−88.1%Reduced
Segall Bryant & Hamill, LLC38,517$7.82M0.08%−6,134−13.7%Reduced
Rhumbline Advisers34,849$7.08M0.01%+1,903+5.8%Added
Kornitzer Capital Management Inc34,392$6.98M0.14%−1,601−4.4%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.32,631$6.63M0.02%+425+1.3%Added
California State Teachers Retirement System31,681$6.43M0.01%−483−1.5%Reduced
Price T Rowe Associates Inc31,202$6.34M0.00%+79+0.3%Added
Southeast Asset Advisors Inc.30,249$6.14M0.92%+36+0.1%Added
Algert Global LLC29,951$6.08M0.29%+14,285+91.2%Added
Man Group plc–$5.88M0.02%––
National Bank of Canada28,201$5.73M0.02%−4,001−12.4%Reduced
State Board of Administration of Florida Retirement System26,641$5.41M0.01%−20−0.1%Reduced
Nicholas Company, Inc.26,305$5.34M0.11%−15−0.1%Reduced
CI Private Wealth, LLC26,253$5.33M0.01%+23,420+826.7%Added
Fisher Asset Management, LLC25,801$5.24M0.00%+417+1.6%Added
Marks Group Wealth Management, Inc24,722$5.02M0.64%+8,372+51.2%Added
Daiwa Securities Group Inc.21,816$4.43M0.03%−2,070−8.7%Reduced
TownSquare Capital, LLC21,759$4.42M0.10%−627−2.8%Reduced
Franklin Resources Inc21,138$4.29M0.00%−2,117−9.1%Reduced
Citadel Advisors LLC20,909$4.25M0.00%+2,055+10.9%Added
State of Wisconsin Investment Board20,600$4.18M0.01%−2,277−10.0%Reduced
Jacobs Levy Equity Management, Inc20,367$4.14M0.03%+20,367New
YHB Investment Advisors, Inc.19,079$3.87M0.39%−24−0.1%Reduced
Raymond James & Associates18,216$3.70M0.00%+988+5.7%Added
Victory Capital Management Inc17,937$3.64M0.00%+737+4.3%Added
Russell Investments Group, Ltd.16,907$3.43M0.01%−4,739−21.9%Reduced
George Kaiser Family Foundation16,790$3.41M0.55%+900+5.7%Added
Tudor Investment Corp Et Al16,469$3.34M0.06%+16,469New
Envestnet Asset Management Inc15,960$3.24M0.00%+687+4.5%Added
HRT Financial LP15,194$3.08M0.04%−7,950−34.4%Reduced
Commerce Bank14,030$2.85M0.02%+57+0.4%Added
Qube Research & Technologies Ltd13,599$2.76M0.02%−1,246−8.4%Reduced
State of New Jersey Common Pension Fund D13,361$2.71M0.01%−1,013−7.0%Reduced
Henshaw Capital LLC12,681$2.57M0.16%+4,391+53.0%Added
Ceera Investments, LLC12,566$2.55M1.63%00.0%Unchanged
Public Employees Retirement System of Ohio12,486$2.54M0.01%−376−2.9%Reduced
Stifel Financial Corp12,372$2.51M0.00%−83−0.7%Reduced
Captrust Financial Advisors12,292$2.50M0.01%+144+1.2%Added
State of Alaska, Department of Revenue12,072$2.45M0.03%00.0%Unchanged
Janus Henderson Group PLC11,908$2.42M0.00%+6,103+105.1%Added
Jane Street Group, LLC11,245$2.28M0.00%+8,348+288.2%Added
Azzad Asset Management Inc10,871$2.21M0.31%+620+6.0%Added
Treasurer of the State of North Carolina10,872$2.21M0.01%+80+0.7%Added
Cardinal Capital Management10,570$2.15M0.45%+35+0.3%Added
US Bancorp10,266$2.08M0.00%−524−4.9%Reduced
Barclays PLC10,204$2.07M0.00%−197−1.9%Reduced