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, Q3 2023
Institutional positions in Morningstar, Inc. as of Sep 30, 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
- 325
- +33 vs. Q2 2023
- Shares held
- 26.3M
- +1.87M (+7.7%) vs. Q2 2023
- Total value
- $6.17B
- +$1.38B (+28.7%) vs. Q2 2023
- New holders
- 69
- 101 more added
- Sold out
- 36
- 95 more reduced
2 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2023: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 420 | $3.79B |
| Q1 2026 | 447 | $3.99B |
| Q4 2025 | 475 | $5.27B |
| Q3 2025 | 452 | $5.78B |
| Q2 2025 | 481 | $8.05B |
| Q1 2025 | 464 | $7.57B |
| Q4 2024 | 451 | $8.67B |
| Q3 2024 | 412 | $8.25B |
| Q2 2024 | 393 | $7.63B |
| Q1 2024 | 385 | $7.92B |
| Q4 2023 | 353 | $7.22B |
| Q3 2023 | 325 | $6.17B |
| Q2 2023 | 294 | $4.79B |
| Q1 2023 | 302 | $4.85B |
| Q4 2022 | 318 | $5.14B |
| Q3 2022 | 311 | $4.99B |
| Q2 2022 | 325 | $5.67B |
| Q1 2022 | 336 | $6.41B |
| Q4 2021 | 341 | $7.92B |
| Q3 2021 | 318 | $5.83B |
| Q2 2021 | 295 | $5.62B |
| Q1 2021 | 309 | $4.83B |
Institutions, Q3 2023
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Select Equity Group, L.P. | 3,598,908 | $843.0M | 3.48% | −338,726−8.6% | Reduced |
| Vanguard Group Inc | 2,552,858 | $598.0M | 0.01% | +75,275+3.0% | Added |
| BlackRock Inc. | 2,375,205 | $556.4M | 0.02% | +1,226,789+106.8% | Added |
| Morgan Stanley | 1,957,310 | $458.5M | 0.05% | +19,119+1.0% | Added |
| Bamco Inc | 1,326,608 | $310.7M | 0.90% | +98,191+8.0% | Added |
| Bank of America Corp | 1,279,554 | $299.7M | 0.04% | −15,241−1.2% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 1,252,661 | $293.4M | 0.84% | −1,938−0.2% | Reduced |
| Massachusetts Financial Services Co | 1,007,748 | $236.1M | 0.08% | +380,391+60.6% | Added |
| State Street Corp | 713,506 | $167.1M | 0.01% | +314,474+78.8% | Added |
| Price T Rowe Associates Inc | 693,688 | $162.5M | 0.02% | +561,105+423.2% | Added |
| Wasatch Advisors Inc | 528,695 | $123.8M | 0.78% | +20,434+4.0% | Added |
| Liontrust Investment Partners LLP | 453,130 | $106.1M | 1.70% | −16,512−3.5% | Reduced |
| FMR LLC | 434,539 | $101.8M | 0.01% | −2100.0% | Reduced |
| Geode Capital Management, LLC | 422,529 | $99.0M | 0.01% | +30,018+7.6% | Added |
| Bank of New York Mellon Corp | 389,627 | $91.3M | 0.02% | +117,514+43.2% | Added |
| Wellington Management Group LLP | 349,205 | $81.8M | 0.02% | +349,205 | New |
| JPMorgan Chase & Co | 343,564 | $80.5M | 0.01% | −429,852−55.6% | Reduced |
| Dimensional Fund Advisors LP | 295,852 | $69.3M | 0.02% | +1,121+0.4% | Added |
| Goldman Sachs Group Inc | 274,859 | $64.4M | 0.02% | −479,845−63.6% | Reduced |
| Renaissance Technologies LLC | 264,800 | $62.0M | 0.11% | −28,000−9.6% | Reduced |
| Ameriprise Financial Inc | 253,971 | $59.5M | 0.02% | +61,550+32.0% | Added |
| Invesco Ltd. | 252,068 | $59.0M | 0.02% | −80,107−24.1% | Reduced |
| Royce & Associates LP | 221,260 | $51.8M | 0.53% | +24,983+12.7% | Added |
| Norges Bank | 217,525 | $51.0M | 0.01% | −40,318−15.6% | Reduced |
| Allspring Global Investments Holdings, LLC | 216,824 | $50.8M | 0.09% | +25,133+13.1% | Added |
| Principal Financial Group Inc | 206,133 | $48.3M | 0.03% | +89,099+76.1% | Added |
| Praesidium Investment Management Company, LLC | 200,750 | $47.0M | 6.06% | −73,320−26.8% | Reduced |
| Northern Trust Corp | 191,771 | $44.9M | 0.01% | +70,428+58.0% | Added |
| Charles Schwab Investment Management Inc | 176,412 | $41.3M | 0.01% | +8,474+5.0% | Added |
| American Capital Management Inc | 161,787 | $37.9M | 1.46% | −5,995−3.6% | Reduced |
| M&G Investment Management Ltd | 148,355 | $34.7M | 0.25% | +5,139+3.6% | Added |
| Bank of Nova Scotia | 139,000 | $32.6M | 0.09% | −4,475−3.1% | Reduced |
| SEI Investments Co | 127,813 | $29.9M | 0.05% | +1,637+1.3% | Added |
| National Bank of Canada | 125,203 | $28.7M | 0.05% | −16,998−12.0% | Reduced |
| Cramer Rosenthal McGlynn LLC | 109,026 | $25.5M | 1.43% | +35,752+48.8% | Added |
| Wells Fargo & Company | 107,678 | $25.2M | 0.01% | −3,073−2.8% | Reduced |
| Copeland Capital Management, LLC | 105,378 | $24.7M | 0.53% | +1,473+1.4% | Added |
| Nuveen Asset Management, LLC | 99,174 | $23.2M | 0.01% | +16,627+20.1% | Added |
| Barclays PLC | 98,083 | $23.0M | 0.01% | +55,865+132.3% | Added |
| Parnassus Investments | 94,728 | $22.2M | 0.05% | 00.0% | Unchanged |
| Rhumbline Advisers | 79,061 | $18.5M | 0.02% | +45,130+133.0% | Added |
| Confluence Investment Management LLC | 74,255 | $17.4M | 0.27% | −2,022−2.7% | Reduced |
| Balyasny Asset Management LLC | 71,024 | $16.6M | 0.05% | +71,024 | New |
| Nordea Investment Management AB | 67,093 | $16.0M | 0.02% | −158−0.2% | Reduced |
| Chicago Capital, LLC | 61,681 | $14.4M | 0.68% | −1,708−2.7% | Reduced |
| Swiss National Bank | 56,200 | $13.2M | 0.01% | +600+1.1% | Added |
| 2Xideas AG | 54,634 | $12.8M | 1.42% | −2,928−5.1% | Reduced |
| California Public Employees Retirement System | 50,916 | $11.9M | 0.01% | −3,186−5.9% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 50,000 | $11.7M | 0.05% | +21,314+74.3% | Added |
| Credit Suisse AG | 48,411 | $11.3M | 0.01% | −628−1.3% | Reduced |
| Ci Investments Inc. | 46,767 | $11.0M | 0.06% | +905+2.0% | Added |
| DF Dent & Co Inc | 46,063 | $10.8M | 0.16% | +46,063 | New |
| UBS Asset Management Americas Inc | 44,150 | $10.3M | 0.00% | +953+2.2% | Added |
| Canada Pension Plan Investment Board | 41,000 | $9.60M | 0.01% | +25,000+156.3% | Added |
| Legal & General Group Plc | 40,455 | $9.48M | 0.00% | +12,776+46.2% | Added |
| Asset Management One Co.,Ltd. | 38,416 | $9.00M | 0.04% | −2,877−7.0% | Reduced |
| Coronation Fund Managers Ltd. | 37,671 | $8.82M | 0.27% | −3,629−8.8% | Reduced |
| American International Group, Inc. | 36,885 | $8.64M | 0.06% | +36,407+7,616.5% | Added |
| Scout Investments, Inc. | 35,848 | $8.23M | 0.19% | −394−1.1% | Reduced |
| Envestnet Asset Management Inc | 34,573 | $8.10M | 0.00% | +17,748+105.5% | Added |
| Alliancebernstein L.P. | 33,367 | $7.82M | 0.00% | +25,444+321.1% | Added |
| Retirement Systems of Alabama | 32,488 | $7.61M | 0.04% | +32,488 | New |
| TownSquare Capital, LLC | 30,508 | $7.15M | 0.13% | −1,720−5.3% | Reduced |
| Southeast Asset Advisors Inc. | 29,862 | $6.99M | 0.98% | −4,728−13.7% | Reduced |
| Quadrature Capital Ltd | 29,619 | $6.94M | 0.14% | +29,619 | New |
| Fisher Asset Management, LLC | 28,462 | $6.67M | 0.00% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 28,332 | $6.64M | 0.02% | −76−0.3% | Reduced |
| California State Teachers Retirement System | 28,298 | $6.63M | 0.01% | −2,793−9.0% | Reduced |
| Kornitzer Capital Management Inc | 27,932 | $6.54M | 0.14% | −4,710−14.4% | Reduced |
| State Board of Administration of Florida Retirement System | 26,383 | $6.18M | 0.01% | +40+0.2% | Added |
| Russell Investments Group, Ltd. | 26,382 | $6.18M | 0.01% | +10,977+71.3% | Added |
| Nicholas Company, Inc. | 26,305 | $6.16M | 0.12% | 00.0% | Unchanged |
| Daiwa Securities Group Inc. | 25,935 | $6.08M | 0.04% | −5,000−16.2% | Reduced |
| Segall Bryant & Hamill, LLC | 24,485 | $5.74M | 0.07% | −14,878−37.8% | Reduced |
| Marks Group Wealth Management, Inc | 24,238 | $5.68M | 0.70% | −458−1.9% | Reduced |
| Motley Fool Wealth Management, LLC | 24,235 | $5.67M | 0.33% | +58+0.2% | Added |
| Algert Global LLC | 23,657 | $5.54M | 0.26% | −11,974−33.6% | Reduced |
| Manufacturers Life Insurance Company, The | 22,790 | $5.34M | 0.00% | +21,542+1,726.1% | Added |
| Man Group plc | – | $5.27M | 0.02% | – | – |
| Texas Permanent School Fund | 22,095 | $5.18M | 0.05% | +22,095 | New |
| New York State Common Retirement Fund | 21,052 | $4.93M | 0.01% | −32,781−60.9% | Reduced |
| Susquehanna International Group, LLP | 20,208 | $4.73M | 0.01% | +7,518+59.2% | Added |
| State of Wisconsin Investment Board | 18,811 | $4.41M | 0.01% | −1,100−5.5% | Reduced |
| Raymond James & Associates | 18,690 | $4.38M | 0.00% | +128+0.7% | Added |
| YHB Investment Advisors, Inc. | 18,518 | $4.34M | 0.40% | −394−2.1% | Reduced |
| Amalgamated Bank | 18,103 | $4.24M | 0.04% | +12,545+225.7% | Added |
| Stifel Financial Corp | 18,099 | $4.24M | 0.01% | −148−0.8% | Reduced |
| Mutual of America Capital Management LLC | 16,911 | $3.96M | 0.05% | +16,911 | New |
| Azzad Asset Management Inc | 16,400 | $3.84M | 0.54% | +929+6.0% | Added |
| Victory Capital Management Inc | 16,238 | $3.80M | 0.00% | +4,299+36.0% | Added |
| Great West Life Assurance Co | 16,142 | $3.78M | 0.01% | +13,981+647.0% | Added |
| MetLife Investment Management | 15,976 | $3.74M | 0.03% | +14,397+911.8% | Added |
| Motley Fool Asset Management LLC | 15,520 | $3.64M | 0.29% | −441−2.8% | Reduced |
| State of Alaska, Department of Revenue | 15,157 | $3.55M | 0.04% | +3,085+25.6% | Added |
| State of New Jersey Common Pension Fund D | 14,787 | $3.46M | 0.01% | +1,426+10.7% | Added |
| Holocene Advisors, LP | 14,736 | $3.45M | 0.02% | +9,043+158.8% | Added |
| George Kaiser Family Foundation | 14,354 | $3.36M | 0.64% | −2,436−14.5% | Reduced |
| Polen Capital Management LLC | 14,061 | $3.29M | 0.01% | +8,439+150.1% | Added |
| Commerce Bank | 13,940 | $3.27M | 0.03% | −273−1.9% | Reduced |
| CI Private Wealth, LLC | 13,576 | $3.18M | 0.01% | −1,424−9.5% | Reduced |