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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, 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.

Institutional holdersQ3 2023: 325 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 heldQ3 2023: $6.17B
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, Q3 2023

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q2 2023.

Institutions holding MORN in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Mawer Investment Management Ltd.8,020$1.88M0.01%+754+10.4%Added
B. Metzler seel. Sohn & Co. AG8,062$1.89M0.03%−7,402−47.9%Reduced
Kensington Investment Counsel, LLC8,238$1.93M1.20%+327+4.1%Added
Redmond Asset Management, LLC8,528$2.00M0.71%+5+0.1%Added
HighTower Advisors, LLC8,661$2.03M0.00%+338+4.1%Added
Franklin Resources Inc9,220$2.16M0.00%−9,486−50.7%Reduced
Bright Rock Capital Management, LLC10,000$2.34M0.57%00.0%Unchanged
Henshaw Capital LLC10,340$2.42M0.14%−2,368−18.6%Reduced
Bridgeway Capital Management, LLC10,440$2.45M0.06%−8,160−43.9%Reduced
Oppenheimer Asset Management Inc.10,521$2.46M0.04%+3,313+46.0%Added
Public Employees Retirement System of Ohio10,608$2.48M0.01%−1,154−9.8%Reduced
Captrust Financial Advisors10,798$2.53M0.01%−2,650−19.7%Reduced
Cardinal Capital Management10,815$2.53M0.52%+158+1.5%Added
M&T Bank Corp11,035$2.58M0.01%−62−0.6%Reduced
1832 Asset Management L.P.11,200$2.62M0.01%+11,200New
Treasurer of the State of North Carolina11,292$2.65M0.01%+60+0.5%Added
US Bancorp11,427$2.68M0.00%+652+6.1%Added
Atria Investments LLC11,555$2.71M0.05%+567+5.2%Added
Voya Investment Management LLC11,566$2.71M0.00%−379−3.2%Reduced
Janus Henderson Group PLC11,898$2.79M0.00%+20.0%Added
Comerica Bank11,971$2.80M0.01%+11,971New
Natixis12,057$2.82M0.02%−36,943−75.4%Reduced
Yousif Capital Management, LLC12,205$2.86M0.04%+12,205New
Ceera Investments, LLC12,456$2.92M1.59%00.0%Unchanged
Neuberger Berman Group LLC12,586$2.95M0.00%+314+2.6%Added
CI Private Wealth, LLC13,576$3.18M0.01%−1,424−9.5%Reduced
Commerce Bank13,940$3.27M0.03%−273−1.9%Reduced
Polen Capital Management LLC14,061$3.29M0.01%+8,439+150.1%Added
George Kaiser Family Foundation14,354$3.36M0.64%−2,436−14.5%Reduced
Holocene Advisors, LP14,736$3.45M0.02%+9,043+158.8%Added
State of New Jersey Common Pension Fund D14,787$3.46M0.01%+1,426+10.7%Added
State of Alaska, Department of Revenue15,157$3.55M0.04%+3,085+25.6%Added
Motley Fool Asset Management LLC15,520$3.64M0.29%−441−2.8%Reduced
MetLife Investment Management15,976$3.74M0.03%+14,397+911.8%Added
Great West Life Assurance Co16,142$3.78M0.01%+13,981+647.0%Added
Victory Capital Management Inc16,238$3.80M0.00%+4,299+36.0%Added
Azzad Asset Management Inc16,400$3.84M0.54%+929+6.0%Added
Mutual of America Capital Management LLC16,911$3.96M0.05%+16,911New
Stifel Financial Corp18,099$4.24M0.01%−148−0.8%Reduced
Amalgamated Bank18,103$4.24M0.04%+12,545+225.7%Added
YHB Investment Advisors, Inc.18,518$4.34M0.40%−394−2.1%Reduced
Raymond James & Associates18,690$4.38M0.00%+128+0.7%Added
State of Wisconsin Investment Board18,811$4.41M0.01%−1,100−5.5%Reduced
Susquehanna International Group, LLP20,208$4.73M0.01%+7,518+59.2%Added
New York State Common Retirement Fund21,052$4.93M0.01%−32,781−60.9%Reduced
Texas Permanent School Fund22,095$5.18M0.05%+22,095New
Man Group plc–$5.27M0.02%––
Manufacturers Life Insurance Company, The22,790$5.34M0.00%+21,542+1,726.1%Added
Algert Global LLC23,657$5.54M0.26%−11,974−33.6%Reduced
Motley Fool Wealth Management, LLC24,235$5.67M0.33%+58+0.2%Added
Marks Group Wealth Management, Inc24,238$5.68M0.70%−458−1.9%Reduced
Segall Bryant & Hamill, LLC24,485$5.74M0.07%−14,878−37.8%Reduced
Daiwa Securities Group Inc.25,935$6.08M0.04%−5,000−16.2%Reduced
Nicholas Company, Inc.26,305$6.16M0.12%00.0%Unchanged
Russell Investments Group, Ltd.26,382$6.18M0.01%+10,977+71.3%Added
State Board of Administration of Florida Retirement System26,383$6.18M0.01%+40+0.2%Added
Kornitzer Capital Management Inc27,932$6.54M0.14%−4,710−14.4%Reduced
California State Teachers Retirement System28,298$6.63M0.01%−2,793−9.0%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.28,332$6.64M0.02%−76−0.3%Reduced
Fisher Asset Management, LLC28,462$6.67M0.00%00.0%Unchanged
Quadrature Capital Ltd29,619$6.94M0.14%+29,619New
Southeast Asset Advisors Inc.29,862$6.99M0.98%−4,728−13.7%Reduced
TownSquare Capital, LLC30,508$7.15M0.13%−1,720−5.3%Reduced
Retirement Systems of Alabama32,488$7.61M0.04%+32,488New
Alliancebernstein L.P.33,367$7.82M0.00%+25,444+321.1%Added
Envestnet Asset Management Inc34,573$8.10M0.00%+17,748+105.5%Added
Scout Investments, Inc.35,848$8.23M0.19%−394−1.1%Reduced
American International Group, Inc.36,885$8.64M0.06%+36,407+7,616.5%Added
Coronation Fund Managers Ltd.37,671$8.82M0.27%−3,629−8.8%Reduced
Asset Management One Co.,Ltd.38,416$9.00M0.04%−2,877−7.0%Reduced
Legal & General Group Plc40,455$9.48M0.00%+12,776+46.2%Added
Canada Pension Plan Investment Board41,000$9.60M0.01%+25,000+156.3%Added
UBS Asset Management Americas Inc44,150$10.3M0.00%+953+2.2%Added
DF Dent & Co Inc46,063$10.8M0.16%+46,063New
Ci Investments Inc.46,767$11.0M0.06%+905+2.0%Added
Credit Suisse AG48,411$11.3M0.01%−628−1.3%Reduced
Healthcare of Ontario Pension Plan Trust Fund50,000$11.7M0.05%+21,314+74.3%Added
California Public Employees Retirement System50,916$11.9M0.01%−3,186−5.9%Reduced
2Xideas AG54,634$12.8M1.42%−2,928−5.1%Reduced
Swiss National Bank56,200$13.2M0.01%+600+1.1%Added
Chicago Capital, LLC61,681$14.4M0.68%−1,708−2.7%Reduced
Nordea Investment Management AB67,093$16.0M0.02%−158−0.2%Reduced
Balyasny Asset Management LLC71,024$16.6M0.05%+71,024New
Confluence Investment Management LLC74,255$17.4M0.27%−2,022−2.7%Reduced
Rhumbline Advisers79,061$18.5M0.02%+45,130+133.0%Added
Parnassus Investments94,728$22.2M0.05%00.0%Unchanged
Barclays PLC98,083$23.0M0.01%+55,865+132.3%Added
Nuveen Asset Management, LLC99,174$23.2M0.01%+16,627+20.1%Added
Copeland Capital Management, LLC105,378$24.7M0.53%+1,473+1.4%Added
Wells Fargo & Company107,678$25.2M0.01%−3,073−2.8%Reduced
Cramer Rosenthal McGlynn LLC109,026$25.5M1.43%+35,752+48.8%Added
National Bank of Canada125,203$28.7M0.05%−16,998−12.0%Reduced
SEI Investments Co127,813$29.9M0.05%+1,637+1.3%Added
Bank of Nova Scotia139,000$32.6M0.09%−4,475−3.1%Reduced
M&G Investment Management Ltd148,355$34.7M0.25%+5,139+3.6%Added
American Capital Management Inc161,787$37.9M1.46%−5,995−3.6%Reduced
Charles Schwab Investment Management Inc176,412$41.3M0.01%+8,474+5.0%Added
Northern Trust Corp191,771$44.9M0.01%+70,428+58.0%Added
Praesidium Investment Management Company, LLC200,750$47.0M6.06%−73,320−26.8%Reduced
Principal Financial Group Inc206,133$48.3M0.03%+89,099+76.1%Added