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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
Shell Asset Management Co1,297$263.0K0.01%−5−0.4%Reduced
Engineers Gate Manager LP1,369$277.9K0.01%+43+3.2%Added
Montag A & Associates Inc1,400$284.2K0.02%00.0%Unchanged
MetLife Investment Management1,413$286.9K0.00%+3+0.2%Added
Connable Office Inc1,470$298.5K0.04%00.0%Unchanged
Jump Financial, LLC1,471$298.7K0.01%+505+52.3%Added
SYSTM Wealth Solutions LLC1,504$305.4K0.05%+21+1.4%Added
Connectus Wealth, LLC1,517$308.1K0.01%00.0%Unchanged
American Century Companies Inc1,563$308.6K0.00%+265+20.4%Added
Nebula Research & Development LLC1,594$323.6K0.57%+1,594New
CIBC Private Wealth Group, LLC1,595$323.9K0.00%00.0%Unchanged
Alliance Wealth Advisors, LLC1,780$361.4K0.15%+52+3.0%Added
Spectrum Asset Management, Inc. (NB/CA)1,800$365.5K0.18%00.0%Unchanged
Capula Management Ltd1,820$369.5K0.03%+1,820New
Pekin Hardy Strauss, Inc.1,877$381.2K0.06%+1+0.1%Added
Truist Financial Corp1,890$383.7K0.00%−161−7.8%Reduced
Maryland State Retirement & Pension System1,914$388.6K0.01%00.0%Unchanged
Baird Financial Group, Inc.1,946$395.1K0.00%+262+15.6%Added
Procyon Private Wealth Partners, LLC1,966$399.2K0.07%+764+63.6%Added
Hanlon Investment Management, Inc.2,000$406.1K0.12%00.0%Unchanged
DFPG Investments, LLC2,074$421.1K0.05%+202+10.8%Added
Great West Life Assurance Co2,083$424.0K0.00%−203−8.9%Reduced
MML Investors Services, LLC2,146$436.0K0.00%−403−15.8%Reduced
Creative Planning2,218$450.4K0.00%+187+9.2%Added
Mackenzie Financial Corp2,253$457.4K0.00%−1,320−36.9%Reduced
Planning Alternatives Ltd2,270$460.9K0.09%00.0%Unchanged
Illinois Municipal Retirement Fund2,271$461.0K0.01%00.0%Unchanged
Bank of Montreal2,486$505.2K0.00%+165+7.1%Added
Vestmark Advisory Solutions, Inc.2,493$506.2K0.02%+251+11.2%Added
Intech Investment Management LLC2,560$519.8K0.00%−1,475−36.6%Reduced
LPL Financial LLC2,599$527.7K0.00%+831+47.0%Added
Duality Advisers, LP2,601$528.1K0.06%−2,469−48.7%Reduced
Simon Quick Advisors, LLC2,786$565.7K0.06%+1,462+110.4%Added
Public Employees Retirement Association of Colorado2,787$566.0K0.00%00.0%Unchanged
Janney Montgomery Scott LLC2,832$575.0K0.00%−30−1.0%Reduced
Legacy Advisors, LLC2,887$586.1K0.11%+226+8.5%Added
Veritable, L.P.2,999$608.9K0.01%−677−18.4%Reduced
Echo Street Capital Management LLC2,999$608.9K0.01%−378−11.2%Reduced
Cerity Partners LLC3,009$610.8K0.00%−46−1.5%Reduced
Pictet Asset Management SA3,013$611.7K0.00%00.0%Unchanged
Bradley Foster & Sargent Inc3,021$613.4K0.01%00.0%Unchanged
Handelsbanken Fonder AB3,072$624.0K0.00%00.0%Unchanged
Accretive Wealth Partners, LLC3,075$624.3K0.40%+146+5.0%Added
Van Eck Associates Corp3,091$628.0K0.00%+2,285+283.5%Added
PEAK6 Investments LLC3,118$633.0K0.04%+2,428+351.9%Added
Baker Tilly Wealth Management, LLC3,131$635.7K0.07%−505−13.9%Reduced
Xponance, Inc.3,141$637.7K0.01%+21+0.7%Added
Covey Capital Advisors, LLC3,439$698.2K1.11%+413+13.6%Added
BCGM Wealth Management, LLC3,553$721.4K0.36%+79+2.3%Added
Royal Bank of Canada3,648$740.0K0.00%+454+14.2%Added
Advisory Services Network, LLC3,654$741.9K0.02%+58+1.6%Added
Avantax Advisory Services, Inc.3,839$779.5K0.01%+169+4.6%Added
Zurcher Kantonalbank (Zurich Cantonalbank)3,985$809.1K0.00%+218+5.8%Added
Advisor Group Holdings, Inc.4,024$817.0K0.00%−26−0.6%Reduced
Alps Advisors Inc4,063$824.9K0.01%+442+12.2%Added
Martin Capital Advisors, LLP4,079$828.2K0.86%−360−8.1%Reduced
Caxton Associates LP4,138$840.1K0.13%+4,138New
AQR Capital Management LLC4,239$860.6K0.00%−4,839−53.3%Reduced
D. E. Shaw & Co., Inc.4,244$861.7K0.00%−103−2.4%Reduced
Utah Retirement Systems4,431$899.6K0.01%+46+1.0%Added
Johnson Investment Counsel Inc4,508$915.3K0.01%00.0%Unchanged
ExodusPoint Capital Management, LP4,576$929.0K0.01%+2,554+126.3%Added
Susquehanna International Group, LLP4,591$932.1K0.00%+4,591New
Teacher Retirement System of Texas4,743$963.0K0.01%−2,274−32.4%Reduced
Amalgamated Bank5,114$1.04M0.01%−478−8.5%Reduced
First Republic Investment Management, Inc.5,196$1.05M0.00%+245+4.9%Added
Bank of Stockton5,471$1.11M0.39%−477−8.0%Reduced
Quantinno Capital Management LP5,758$1.17M0.08%−4,943−46.2%Reduced
Linden Thomas Advisory Services, LLC5,902$1.20M0.30%+233+4.1%Added
PDT Partners, LLC5,952$1.21M0.16%+3,849+183.0%Added
Davy Global Fund Management Ltd6,022$1.22M0.23%00.0%Unchanged
Black Creek Investment Management Inc.6,200$1.26M0.05%+1,200+24.0%Added
Blair William & Co6,210$1.26M0.01%−361−5.5%Reduced
Pallas Capital Advisors LLC6,290$1.30M0.12%+183+3.0%Added
Citigroup Inc6,408$1.30M0.00%+1,935+43.3%Added
Empire Life Investments Inc.6,530$1.33M0.09%+137+2.1%Added
Ashford Capital Management Inc6,600$1.34M0.20%+204+3.2%Added
Buckingham Strategic Wealth, LLC6,224$1.35M0.02%00.0%Unchanged
UBS Group AG6,659$1.35M0.00%+3,063+85.2%Added
Mawer Investment Management Ltd.6,664$1.35M0.01%+1,002+17.7%Added
Ensign Peak Advisors, Inc6,830$1.39M0.00%+350+5.4%Added
Sepio Capital, LP6,935$1.41M0.13%+1,871+36.9%Added
Two Sigma Investments, LP7,300$1.48M0.00%+7,300New
Arizona State Retirement System7,379$1.50M0.01%+187+2.6%Added
Alamar Capital Management, LLC7,398$1.50M1.25%+69+0.9%Added
Oppenheimer Asset Management Inc.7,538$1.53M0.02%−1,432−16.0%Reduced
Alliancebernstein L.P.7,810$1.59M0.00%−1,979−20.2%Reduced
Graham Capital Management, L.P.7,890$1.60M0.06%+7,890New
HighTower Advisors, LLC7,937$1.60M0.00%−256−3.1%Reduced
Bessemer Group Inc8,083$1.64M0.00%−362−4.3%Reduced
Kensington Investment Counsel, LLC8,155$1.66M1.25%−758−8.5%Reduced
B. Metzler seel. Sohn & Co. AG8,196$1.66M0.03%−1,431−14.9%Reduced
Neuberger Berman Group LLC8,438$1.71M0.00%+217+2.6%Added
Atria Investments LLC8,477$1.72M0.03%+837+11.0%Added
Redmond Asset Management, LLC8,523$1.73M0.60%+23+0.3%Added
Commonwealth Equity Services, LLC8,555$1.74M0.00%+903+11.8%Added
Two Sigma Advisers, LP9,200$1.87M0.00%+2,700+41.5%Added
Voya Investment Management LLC9,371$1.90M0.00%−269−2.8%Reduced
M&T Bank Corp9,578$1.94M0.01%−328−3.3%Reduced
Bright Rock Capital Management, LLC10,000$2.03M0.51%00.0%Unchanged