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 |
|---|---|---|---|---|---|
| Neuberger Berman Group LLC | 12,586 | $2.95M | 0.00% | +314+2.6% | Added |
| Ceera Investments, LLC | 12,456 | $2.92M | 1.59% | 00.0% | Unchanged |
| Yousif Capital Management, LLC | 12,205 | $2.86M | 0.04% | +12,205 | New |
| Natixis | 12,057 | $2.82M | 0.02% | −36,943−75.4% | Reduced |
| Comerica Bank | 11,971 | $2.80M | 0.01% | +11,971 | New |
| Janus Henderson Group PLC | 11,898 | $2.79M | 0.00% | +20.0% | Added |
| Voya Investment Management LLC | 11,566 | $2.71M | 0.00% | −379−3.2% | Reduced |
| Atria Investments LLC | 11,555 | $2.71M | 0.05% | +567+5.2% | Added |
| US Bancorp | 11,427 | $2.68M | 0.00% | +652+6.1% | Added |
| Treasurer of the State of North Carolina | 11,292 | $2.65M | 0.01% | +60+0.5% | Added |
| 1832 Asset Management L.P. | 11,200 | $2.62M | 0.01% | +11,200 | New |
| M&T Bank Corp | 11,035 | $2.58M | 0.01% | −62−0.6% | Reduced |
| Cardinal Capital Management | 10,815 | $2.53M | 0.52% | +158+1.5% | Added |
| Captrust Financial Advisors | 10,798 | $2.53M | 0.01% | −2,650−19.7% | Reduced |
| Public Employees Retirement System of Ohio | 10,608 | $2.48M | 0.01% | −1,154−9.8% | Reduced |
| Oppenheimer Asset Management Inc. | 10,521 | $2.46M | 0.04% | +3,313+46.0% | Added |
| Bridgeway Capital Management, LLC | 10,440 | $2.45M | 0.06% | −8,160−43.9% | Reduced |
| Henshaw Capital LLC | 10,340 | $2.42M | 0.14% | −2,368−18.6% | Reduced |
| Bright Rock Capital Management, LLC | 10,000 | $2.34M | 0.57% | 00.0% | Unchanged |
| Franklin Resources Inc | 9,220 | $2.16M | 0.00% | −9,486−50.7% | Reduced |
| HighTower Advisors, LLC | 8,661 | $2.03M | 0.00% | +338+4.1% | Added |
| Redmond Asset Management, LLC | 8,528 | $2.00M | 0.71% | +5+0.1% | Added |
| Kensington Investment Counsel, LLC | 8,238 | $1.93M | 1.20% | +327+4.1% | Added |
| B. Metzler seel. Sohn & Co. AG | 8,062 | $1.89M | 0.03% | −7,402−47.9% | Reduced |
| Mawer Investment Management Ltd. | 8,020 | $1.88M | 0.01% | +754+10.4% | Added |
| AQR Capital Management LLC | 8,015 | $1.88M | 0.00% | +613+8.3% | Added |
| Marshall Wace, LLP | 8,000 | $1.87M | 0.00% | +8,000 | New |
| Ensign Peak Advisors, Inc | 7,920 | $1.86M | 0.00% | −1,595−16.8% | Reduced |
| Bessemer Group Inc | 7,908 | $1.85M | 0.00% | −654−7.6% | Reduced |
| Teachers Retirement System of the State of Kentucky | 7,900 | $1.85M | 0.02% | +7,900 | New |
| Ashford Capital Management Inc | 7,615 | $1.78M | 0.26% | +1,160+18.0% | Added |
| Jane Street Group, LLC | 7,571 | $1.77M | 0.00% | +662+9.6% | Added |
| Louisiana State Employees Retirement System | 7,400 | $1.73M | 0.04% | +7,400 | New |
| Oregon Public Employees Retirement Fund | 7,300 | $1.71M | 0.02% | +7,300 | New |
| Arizona State Retirement System | 7,269 | $1.70M | 0.01% | +98+1.4% | Added |
| Two Sigma Investments, LP | 7,170 | $1.68M | 0.00% | −11,915−62.4% | Reduced |
| Linden Thomas Advisory Services, LLC | 7,155 | $1.68M | 0.37% | +1,181+19.8% | Added |
| Sepio Capital, LP | 6,755 | $1.58M | 0.14% | 00.0% | Unchanged |
| Empire Life Investments Inc. | 6,531 | $1.53M | 0.11% | −74−1.1% | Reduced |
| Thrivent Financial for Lutherans | 6,515 | $1.53M | 0.00% | +6,515 | New |
| Citadel Advisors LLC | 6,433 | $1.51M | 0.00% | −31,072−82.8% | Reduced |
| Two Sigma Advisers, LP | 6,300 | $1.48M | 0.00% | −5,700−47.5% | Reduced |
| State of Michigan Retirement System | 6,200 | $1.45M | 0.01% | +6,200 | New |
| Magnetar Financial LLC | 6,143 | $1.44M | 0.04% | +6,143 | New |
| Blair William & Co | 5,988 | $1.40M | 0.01% | −8−0.1% | Reduced |
| Alamar Capital Management, LLC | 5,841 | $1.37M | 1.29% | +517+9.7% | Added |
| Ameritas Investment Partners, Inc. | 5,835 | $1.37M | 0.05% | +5,835 | New |
| Northwestern Mutual Investment Management Company, LLC | 5,770 | $1.35M | 0.04% | +5,770 | New |
| LPL Financial LLC | 5,763 | $1.35M | 0.00% | +1,814+45.9% | Added |
| Xponance, Inc. | 5,758 | $1.35M | 0.02% | +2,243+63.8% | Added |
| New York State Teachers Retirement System | 5,600 | $1.31M | 0.00% | +5,600 | New |
| Black Creek Investment Management Inc. | 5,400 | $1.26M | 0.05% | −1,600−22.9% | Reduced |
| Citigroup Inc | 5,275 | $1.24M | 0.00% | −642−10.9% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,269 | $1.23M | 0.01% | +5,269 | New |
| New Mexico Educational Retirement Board | 5,200 | $1.22M | 0.05% | +5,200 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 5,065 | $1.19M | 0.01% | +650+14.7% | Added |
| Buckingham Strategic Wealth, LLC | 5,017 | $1.18M | 0.02% | −1,207−19.4% | Reduced |
| Bank of Montreal | 4,665 | $1.17M | 0.00% | +2,014+76.0% | Added |
| Advisor Group Holdings, Inc. | 4,933 | $1.16M | 0.00% | +1,253+34.0% | Added |
| CIBC Private Wealth Group, LLC | 4,467 | $1.05M | 0.00% | +3,121+231.9% | Added |
| Utah Retirement Systems | 4,431 | $1.04M | 0.01% | +100+2.3% | Added |
| Johnson Investment Counsel Inc | 4,427 | $1.04M | 0.01% | 00.0% | Unchanged |
| Martin Capital Advisors, LLP | 4,279 | $1.00M | 0.98% | +200+4.9% | Added |
| BCGM Wealth Management, LLC | 4,235 | $992.0K | 0.46% | +323+8.3% | Added |
| Portside Wealth Group, LLC | 4,192 | $982.0K | 0.18% | −172−3.9% | Reduced |
| Teacher Retirement System of Texas | 4,083 | $956.0K | 0.01% | +402+10.9% | Added |
| First Republic Investment Management, Inc. | 3,734 | $874.8K | 0.00% | −141−3.6% | Reduced |
| MML Investors Services, LLC | 3,702 | $867.0K | 0.00% | +528+16.6% | Added |
| Lloyd Advisory Services, LLC. | 3,683 | $862.8K | 0.29% | +3,683 | New |
| Norden Group LLC | 3,683 | $862.8K | 0.29% | +3,683 | New |
| Advisory Services Network, LLC | 3,639 | $852.4K | 0.02% | −117−3.1% | Reduced |
| Federated Hermes, Inc. | 3,542 | $829.7K | 0.00% | +3,542 | New |
| Davy Global Fund Management Ltd | 3,530 | $826.9K | 0.17% | −2,155−37.9% | Reduced |
| Covey Capital Advisors, LLC | 3,439 | $805.6K | 1.14% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 3,372 | $790.0K | 0.00% | 00.0% | Unchanged |
| Accretive Wealth Partners, LLC | 3,320 | $777.7K | 0.46% | +69+2.1% | Added |
| Simon Quick Advisors, LLC | 3,314 | $776.2K | 0.07% | +880+36.2% | Added |
| Baker Tilly Wealth Management, LLC | 3,306 | $774.4K | 0.13% | −780−19.1% | Reduced |
| Janney Montgomery Scott LLC | 3,294 | $772.0K | 0.00% | −41−1.2% | Reduced |
| Legacy Advisors, LLC | 3,187 | $746.5K | 0.12% | +158+5.2% | Added |
| Bank of Stockton | 2,836 | $703.3K | 0.26% | −1,954−40.8% | Reduced |
| Avantax Advisory Services, Inc. | 2,826 | $662.1K | 0.01% | −1,408−33.3% | Reduced |
| Public Employees Retirement Association of Colorado | 2,787 | $653.0K | 0.00% | 00.0% | Unchanged |
| Pictet Asset Management Holding SA | 2,752 | $644.6K | 0.00% | +2,752 | New |
| Quantinno Capital Management LP | 2,689 | $630.0K | 0.03% | +953+54.9% | Added |
| UBS Group AG | 2,647 | $620.0K | 0.00% | −6,340−70.5% | Reduced |
| PEAK6 Investments LLC | 2,635 | $617.2K | 0.03% | +2,635 | New |
| Pathstone Family Office, LLC | 2,561 | $599.9K | 0.00% | +2,561 | New |
| Bradley Foster & Sargent Inc | 3,021 | $592.3K | 0.01% | 00.0% | Unchanged |
| Williams Jones Wealth Management, LLC. | 2,500 | $585.6K | 0.01% | +650+35.1% | Added |
| Alliance Wealth Advisors, LLC | 2,490 | $583.3K | 0.22% | +13+0.5% | Added |
| Creative Planning | 2,431 | $569.4K | 0.00% | +69+2.9% | Added |
| BNP Paribas Arbitrage, SA | 2,332 | $546.2K | 0.00% | +247+11.8% | Added |
| PDT Partners, LLC | 2,311 | $541.3K | 0.07% | −8−0.3% | Reduced |
| Procyon Private Wealth Partners, LLC | 2,253 | $527.7K | 0.05% | +166+8.0% | Added |
| Pacer Advisors, Inc. | 2,217 | $519.3K | 0.00% | +2,217 | New |
| Planning Alternatives Ltd | 2,205 | $516.5K | 0.10% | 00.0% | Unchanged |
| Securian Asset Management, Inc | 2,204 | $516.3K | 0.02% | +2,204 | New |
| SYSTM Wealth Solutions LLC | 2,154 | $504.6K | 0.08% | 00.0% | Unchanged |
| Gateway Investment Advisers LLC | 2,128 | $498.5K | 0.01% | +2,128 | New |