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 |
|---|---|---|---|---|---|
| Crossmark Global Holdings, Inc. | 2,089 | $493.0K | 0.01% | +2,089 | New |
| Baird Financial Group, Inc. | 1,997 | $467.8K | 0.00% | −25−1.2% | Reduced |
| Maryland State Retirement & Pension System | 1,914 | $448.3K | 0.01% | 00.0% | Unchanged |
| Equitable Trust Co | 1,905 | $446.2K | 0.04% | +1,905 | New |
| Wealth Enhancement Advisory Services, LLC | 1,800 | $421.6K | 0.00% | +1,800 | New |
| Spectrum Asset Management, Inc. (NB/CA) | 1,800 | $421.6K | 0.22% | 00.0% | Unchanged |
| Banco Bilbao Vizcaya Argentaria, S.A. | 1,735 | $412.1K | 0.01% | +1,735 | New |
| Commonwealth Equity Services, LLC | 1,717 | $402.0K | 0.00% | −1,074−38.5% | Reduced |
| Prudential Financial Inc | 1,602 | $375.3K | 0.00% | +1,602 | New |
| American Century Companies Inc | 1,582 | $370.6K | 0.00% | +12+0.8% | Added |
| Jacobs Levy Equity Management, Inc | 1,579 | $369.9K | 0.00% | −6,222−79.8% | Reduced |
| Teza Capital Management LLC | 1,553 | $363.8K | 0.06% | +1,553 | New |
| Precision Wealth Strategies, LLC | 1,538 | $360.3K | 0.39% | +462+42.9% | Added |
| Connectus Wealth, LLC | 1,517 | $355.5K | 0.01% | 00.0% | Unchanged |
| Royal Bank of Canada | 1,512 | $354.0K | 0.00% | −245−13.9% | Reduced |
| JustInvest LLC | 1,498 | $351.0K | 0.01% | +185+14.1% | Added |
| Raymond James Trust N.A. | 1,495 | $350.2K | 0.01% | +5+0.3% | Added |
| Connable Office Inc | 1,470 | $344.3K | 0.05% | 00.0% | Unchanged |
| ProShare Advisors LLC | 1,405 | $329.1K | 0.00% | +1,405 | New |
| Guggenheim Capital LLC | 1,351 | $316.5K | 0.00% | +1,351 | New |
| Fiduciary Trust Co | 1,317 | $308.5K | 0.01% | −77−5.5% | Reduced |
| Shell Asset Management Co | 1,270 | $297.0K | 0.01% | −20−1.6% | Reduced |
| Cadent Capital Advisors, LLC | 1,233 | $288.8K | 0.14% | +3+0.2% | Added |
| Pekin Hardy Strauss, Inc. | 1,225 | $286.9K | 0.05% | −654−34.8% | Reduced |
| Welch & Forbes LLC | 1,225 | $286.9K | 0.00% | −35−2.8% | Reduced |
| Invesco, LLC | 1,197 | $280.4K | 0.14% | +100+9.1% | Added |
| Park Avenue Securities LLC | 1,193 | $279.0K | 0.00% | +1,193 | New |
| Mariner, LLC | 1,178 | $276.0K | 0.00% | +95+8.8% | Added |
| Capital Investment Counsel, Inc | 1,150 | $269.4K | 0.05% | 00.0% | Unchanged |
| Deutsche Bank AG | 1,143 | $267.7K | 0.00% | −8,690−88.4% | Reduced |
| Heartland Bank & Trust Co | 1,130 | $264.7K | 0.21% | 00.0% | Unchanged |
| GTS Securities LLC | 1,107 | $259.3K | 0.01% | −759−40.7% | Reduced |
| First Trust Advisors LP | 1,101 | $257.9K | 0.00% | +1,101 | New |
| Truist Financial Corp | 1,065 | $249.5K | 0.00% | +1,065 | New |
| Parallel Advisors, LLC | 1,057 | $247.6K | 0.01% | −10−0.9% | Reduced |
| O'Shaughnessy Asset Management, LLC | 1,031 | $241.5K | 0.00% | +1,031 | New |
| DFPG Investments, LLC | 910 | $237.3K | 0.02% | −1,351−59.8% | Reduced |
| Wallace Advisory Group, LLC | 1,203 | $235.9K | 0.17% | +1,203 | New |
| Bard Financial Services, Inc. | 1,000 | $234.2K | 0.03% | +1,000 | New |
| Ethic Inc. | 998 | $233.8K | 0.01% | +998 | New |
| HSBC Holdings PLC | 995 | $233.1K | 0.00% | −2,843−74.1% | Reduced |
| Mercer Global Advisors Inc | 977 | $229.0K | 0.00% | +977 | New |
| The PNC Financial Services Group, Inc. | 965 | $226.0K | 0.00% | +98+11.3% | Added |
| Benjamin Edwards Inc | 937 | $219.0K | 0.05% | +270+40.5% | Added |
| Cetera Investment Advisers | 890 | $208.5K | 0.00% | +890 | New |
| HBK Sorce Advisory LLC | 856 | $200.5K | 0.01% | +856 | New |
| HM Payson & Co | 800 | $187.4K | 0.00% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 754 | $177.0K | 0.00% | −759−50.2% | Reduced |
| Activest Wealth Management | 680 | $159.3K | 0.10% | +680 | New |
| Harbor Capital Advisors, Inc. | 659 | $154.4K | 0.03% | −96−12.7% | Reduced |
| North Star Investment Management Corp. | 612 | $143.4K | 0.01% | 00.0% | Unchanged |
| Dundas Partners LLP | 598 | $140.0K | 0.01% | +251+72.3% | Added |
| Cullen/Frost Bankers, Inc. | 575 | $134.7K | 0.00% | 00.0% | Unchanged |
| Column Capital Advisors, LLC | 569 | $133.3K | 0.02% | −28−4.7% | Reduced |
| Tower Research Capital LLC (TRC) | 521 | $122.0K | 0.00% | +34+7.0% | Added |
| KBC Group NV | 476 | $111.0K | 0.00% | +476 | New |
| Quadrant Capital Group LLC | 434 | $101.7K | 0.01% | +122+39.1% | Added |
| Signaturefd, LLC | 392 | $91.8K | 0.00% | +20+5.4% | Added |
| Bokf, NA | 325 | $82.3K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 340 | $79.6K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 284 | $67.0K | 0.00% | +85+42.7% | Added |
| Whittier Trust Co | 241 | $56.4K | 0.00% | 00.0% | Unchanged |
| Harbor Investment Advisory, LLC | 222 | $52.0K | 0.01% | +222 | New |
| Exchange Traded Concepts, LLC | 205 | $48.0K | 0.00% | +205 | New |
| Versant Capital Management, Inc | 203 | $47.6K | 0.02% | 00.0% | Unchanged |
| IMA Wealth, Inc. | 200 | $46.8K | 0.01% | 00.0% | Unchanged |
| Fifth Third Bancorp | 194 | $45.4K | 0.00% | +69+55.2% | Added |
| Harvest Fund Management Co., Ltd | 178 | $42.0K | 0.01% | +178 | New |
| First Horizon Advisors, Inc. | 172 | $40.4K | 0.00% | −1−0.6% | Reduced |
| Quent Capital, LLC | 141 | $33.0K | 0.01% | 00.0% | Unchanged |
| Central Trust Co | 130 | $30.5K | 0.00% | 00.0% | Unchanged |
| Quarry LP | 128 | $30.0K | 0.02% | +128 | New |
| Brown Brothers Harriman & Co | 125 | $29.3K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 125 | $29.3K | 0.00% | 00.0% | Unchanged |
| Pinnacle Financial Partners Inc | 120 | $28.1K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 109 | $25.5K | 0.00% | 00.0% | Unchanged |
| Earnest Partners LLC | 100 | $23.4K | 0.00% | 00.0% | Unchanged |
| Grove Bank & Trust | 100 | $23.4K | 0.00% | 00.0% | Unchanged |
| Milestone Investment Advisors LLC | 96 | $22.5K | 0.01% | +96 | New |
| AdvisorNet Financial, Inc | 91 | $21.3K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 84 | $19.7K | 0.00% | 00.0% | Unchanged |
| Bradley & Co. Private Wealth Management, LLC | 83 | $19.4K | 0.02% | 00.0% | Unchanged |
| Proequities, Inc. | 79 | $18.5K | 0.00% | −10−11.2% | Reduced |
| GWM Advisors LLC | 77 | $18.1K | 0.00% | 00.0% | Unchanged |
| Cedar Mountain Advisors, LLC | 76 | $17.8K | 0.01% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 74 | $17.3K | 0.00% | −2−2.6% | Reduced |
| Allworth Financial LP | 73 | $17.1K | 0.00% | −62−45.9% | Reduced |
| Capital Advisors, Ltd. LLC | 70 | $16.0K | 0.00% | 00.0% | Unchanged |
| Centerpoint Advisors, LLC | 62 | $15.0K | 0.01% | −1−1.6% | Reduced |
| Creative Financial Designs Inc | 63 | $14.8K | 0.00% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 54 | $12.6K | 0.00% | −6−10.0% | Reduced |
| Covestor Ltd | 51 | $12.0K | 0.01% | 00.0% | Unchanged |
| JJJ Advisors Inc. | 48 | $11.2K | 0.00% | −8−14.3% | Reduced |
| Wolff Wiese Magana LLC | 39 | $9.14K | 0.01% | 00.0% | Unchanged |
| IFP Advisors, Inc | 37 | $8.67K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 43 | $8.00K | 0.00% | +43 | New |
| LGT Financial Advisors LLC | 24 | $5.62K | 0.01% | +24 | New |
| JFS Wealth Advisors, LLC | 23 | $5.39K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 23 | $5.39K | 0.00% | 00.0% | Unchanged |
| Venturi Wealth Management, LLC | 20 | $4.68K | 0.00% | 00.0% | Unchanged |