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 |
|---|---|---|---|---|---|
| Toronto Dominion Bank | 1 | $234 | 0.00% | +1 | New |
| SRS Capital Advisors, Inc. | 1 | $235 | 0.00% | −3−75.0% | Reduced |
| Crewe Advisors LLC | 1 | $235 | 0.00% | 00.0% | Unchanged |
| Baker Avenue Asset Management, LP | 2 | $468 | 0.00% | 00.0% | Unchanged |
| Glassman Wealth Services | 2 | $468 | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 3 | $703 | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 4 | $937 | 0.00% | +4 | New |
| Tobam | 3 | $1.00K | 0.00% | +3 | New |
| Farmers & Merchants Investments Inc | 5 | $1.17K | 0.00% | +5 | New |
| Manchester Capital Management LLC | 5 | $1.17K | 0.00% | −1−16.7% | Reduced |
| JNBA Financial Advisors | 5 | $1.17K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 5 | $1.17K | 0.00% | +5 | New |
| SJS Investment Consulting Inc. | 6 | $1.41K | 0.00% | +2+50.0% | Added |
| Massmutual Trust Co FSB | 8 | $1.87K | 0.00% | +8 | New |
| Concord Wealth Partners | 10 | $2.34K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 10 | $2.34K | 0.00% | +10 | New |
| Gradient Investments LLC | 11 | $2.58K | 0.00% | +11 | New |
| Global Retirement Partners, LLC | 12 | $2.76K | 0.00% | 00.0% | Unchanged |
| West Tower Group, LLC | 12 | $2.81K | 0.00% | +12 | New |
| Asset Dedication, LLC | 13 | $3.00K | 0.00% | 00.0% | Unchanged |
| Steward Financial Group LLC | 17 | $3.00K | 0.00% | +17 | New |
| Farther Finance Advisors, LLC | 14 | $3.28K | 0.00% | 00.0% | Unchanged |
| Amundi | 15 | $3.38K | 0.00% | 00.0% | Unchanged |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 15 | $3.51K | 0.00% | +15 | New |
| Atlantic Private Wealth, LLC | 16 | $3.75K | 0.00% | 00.0% | Unchanged |
| Venturi Wealth Management, LLC | 20 | $4.68K | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 23 | $5.39K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 23 | $5.39K | 0.00% | 00.0% | Unchanged |
| LGT Financial Advisors LLC | 24 | $5.62K | 0.01% | +24 | New |
| Ronald Blue Trust, Inc. | 43 | $8.00K | 0.00% | +43 | New |
| IFP Advisors, Inc | 37 | $8.67K | 0.00% | 00.0% | Unchanged |
| Wolff Wiese Magana LLC | 39 | $9.14K | 0.01% | 00.0% | Unchanged |
| JJJ Advisors Inc. | 48 | $11.2K | 0.00% | −8−14.3% | Reduced |
| Covestor Ltd | 51 | $12.0K | 0.01% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 54 | $12.6K | 0.00% | −6−10.0% | Reduced |
| Creative Financial Designs Inc | 63 | $14.8K | 0.00% | 00.0% | Unchanged |
| Centerpoint Advisors, LLC | 62 | $15.0K | 0.01% | −1−1.6% | Reduced |
| Capital Advisors, Ltd. LLC | 70 | $16.0K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 73 | $17.1K | 0.00% | −62−45.9% | Reduced |
| Bell Investment Advisors, Inc | 74 | $17.3K | 0.00% | −2−2.6% | Reduced |
| Cedar Mountain Advisors, LLC | 76 | $17.8K | 0.01% | 00.0% | Unchanged |
| GWM Advisors LLC | 77 | $18.1K | 0.00% | 00.0% | Unchanged |
| Proequities, Inc. | 79 | $18.5K | 0.00% | −10−11.2% | Reduced |
| Bradley & Co. Private Wealth Management, LLC | 83 | $19.4K | 0.02% | 00.0% | Unchanged |
| Private Trust Co NA | 84 | $19.7K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 91 | $21.3K | 0.00% | 00.0% | Unchanged |
| Milestone Investment Advisors LLC | 96 | $22.5K | 0.01% | +96 | New |
| Earnest Partners LLC | 100 | $23.4K | 0.00% | 00.0% | Unchanged |
| Grove Bank & Trust | 100 | $23.4K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 109 | $25.5K | 0.00% | 00.0% | Unchanged |
| Pinnacle Financial Partners Inc | 120 | $28.1K | 0.00% | 00.0% | Unchanged |
| Brown Brothers Harriman & Co | 125 | $29.3K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 125 | $29.3K | 0.00% | 00.0% | Unchanged |
| Quarry LP | 128 | $30.0K | 0.02% | +128 | New |
| Central Trust Co | 130 | $30.5K | 0.00% | 00.0% | Unchanged |
| Quent Capital, LLC | 141 | $33.0K | 0.01% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 172 | $40.4K | 0.00% | −1−0.6% | Reduced |
| Harvest Fund Management Co., Ltd | 178 | $42.0K | 0.01% | +178 | New |
| Fifth Third Bancorp | 194 | $45.4K | 0.00% | +69+55.2% | Added |
| IMA Wealth, Inc. | 200 | $46.8K | 0.01% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 203 | $47.6K | 0.02% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 205 | $48.0K | 0.00% | +205 | New |
| Harbor Investment Advisory, LLC | 222 | $52.0K | 0.01% | +222 | New |
| Whittier Trust Co | 241 | $56.4K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 284 | $67.0K | 0.00% | +85+42.7% | Added |
| Umb Bank N A | 340 | $79.6K | 0.00% | 00.0% | Unchanged |
| Bokf, NA | 325 | $82.3K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 392 | $91.8K | 0.00% | +20+5.4% | Added |
| Quadrant Capital Group LLC | 434 | $101.7K | 0.01% | +122+39.1% | Added |
| KBC Group NV | 476 | $111.0K | 0.00% | +476 | New |
| Tower Research Capital LLC (TRC) | 521 | $122.0K | 0.00% | +34+7.0% | Added |
| Column Capital Advisors, LLC | 569 | $133.3K | 0.02% | −28−4.7% | Reduced |
| Cullen/Frost Bankers, Inc. | 575 | $134.7K | 0.00% | 00.0% | Unchanged |
| Dundas Partners LLP | 598 | $140.0K | 0.01% | +251+72.3% | Added |
| North Star Investment Management Corp. | 612 | $143.4K | 0.01% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 659 | $154.4K | 0.03% | −96−12.7% | Reduced |
| Activest Wealth Management | 680 | $159.3K | 0.10% | +680 | New |
| SG Americas Securities, LLC | 754 | $177.0K | 0.00% | −759−50.2% | Reduced |
| HM Payson & Co | 800 | $187.4K | 0.00% | 00.0% | Unchanged |
| HBK Sorce Advisory LLC | 856 | $200.5K | 0.01% | +856 | New |
| Cetera Investment Advisers | 890 | $208.5K | 0.00% | +890 | New |
| Benjamin Edwards Inc | 937 | $219.0K | 0.05% | +270+40.5% | Added |
| The PNC Financial Services Group, Inc. | 965 | $226.0K | 0.00% | +98+11.3% | Added |
| Mercer Global Advisors Inc | 977 | $229.0K | 0.00% | +977 | New |
| HSBC Holdings PLC | 995 | $233.1K | 0.00% | −2,843−74.1% | Reduced |
| Ethic Inc. | 998 | $233.8K | 0.01% | +998 | New |
| Bard Financial Services, Inc. | 1,000 | $234.2K | 0.03% | +1,000 | New |
| Wallace Advisory Group, LLC | 1,203 | $235.9K | 0.17% | +1,203 | New |
| DFPG Investments, LLC | 910 | $237.3K | 0.02% | −1,351−59.8% | Reduced |
| O'Shaughnessy Asset Management, LLC | 1,031 | $241.5K | 0.00% | +1,031 | New |
| Parallel Advisors, LLC | 1,057 | $247.6K | 0.01% | −10−0.9% | Reduced |
| Truist Financial Corp | 1,065 | $249.5K | 0.00% | +1,065 | New |
| First Trust Advisors LP | 1,101 | $257.9K | 0.00% | +1,101 | New |
| GTS Securities LLC | 1,107 | $259.3K | 0.01% | −759−40.7% | Reduced |
| Heartland Bank & Trust Co | 1,130 | $264.7K | 0.21% | 00.0% | Unchanged |
| Deutsche Bank AG | 1,143 | $267.7K | 0.00% | −8,690−88.4% | Reduced |
| Capital Investment Counsel, Inc | 1,150 | $269.4K | 0.05% | 00.0% | Unchanged |
| Mariner, LLC | 1,178 | $276.0K | 0.00% | +95+8.8% | Added |
| Park Avenue Securities LLC | 1,193 | $279.0K | 0.00% | +1,193 | New |
| Invesco, LLC | 1,197 | $280.4K | 0.14% | +100+9.1% | Added |