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, Q4 2023
Institutional positions in Morningstar, Inc. as of Dec 31, 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
- 353
- +32 vs. Q3 2023
- Shares held
- 25.2M
- −1.09M (−4.1%) vs. Q3 2023
- Total value
- $7.22B
- +$1.05B (+17.0%) vs. Q3 2023
- New holders
- 52
- 111 more added
- Sold out
- 20
- 130 more reduced
4 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Select Equity Group, L.P. | 2,984,027 | $854.1M | 3.15% | −614,881−17.1% | Reduced |
| Vanguard Group Inc | 2,576,670 | $737.5M | 0.02% | +23,812+0.9% | Added |
| BlackRock Inc. | 2,392,043 | $684.7M | 0.02% | +16,838+0.7% | Added |
| Morgan Stanley | 1,936,055 | $554.2M | 0.05% | −21,255−1.1% | Reduced |
| Bamco Inc | 1,322,451 | $378.5M | 1.01% | −4,157−0.3% | Reduced |
| Bank of America Corp | 1,292,308 | $369.9M | 0.04% | +12,754+1.0% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,246,569 | $356.8M | 0.89% | −6,092−0.5% | Reduced |
| Massachusetts Financial Services Co | 1,075,731 | $307.9M | 0.10% | +67,983+6.7% | Added |
| State Street Corp | 741,535 | $212.3M | 0.01% | +28,029+3.9% | Added |
| Price T Rowe Associates Inc | 711,632 | $203.7M | 0.03% | +17,944+2.6% | Added |
| Wasatch Advisors Inc | 533,935 | $152.8M | 0.84% | +5,240+1.0% | Added |
| Wellington Management Group LLP | 509,486 | $145.8M | 0.03% | +160,281+45.9% | Added |
| Geode Capital Management, LLC | 439,038 | $125.7M | 0.01% | +16,509+3.9% | Added |
| Liontrust Investment Partners LLP | 424,939 | $121.6M | 1.77% | −28,191−6.2% | Reduced |
| FMR LLC | 408,640 | $117.0M | 0.01% | −25,899−6.0% | Reduced |
| Bank of New York Mellon Corp | 386,476 | $110.6M | 0.02% | −3,151−0.8% | Reduced |
| Norges Bank | 299,798 | $85.8M | 0.01% | +82,273+37.8% | Added |
| Dimensional Fund Advisors LP | 296,015 | $84.7M | 0.02% | +163+0.1% | Added |
| Allspring Global Investments Holdings, LLC | 285,398 | $81.7M | 0.14% | +68,574+31.6% | Added |
| JPMorgan Chase & Co | 272,523 | $78.0M | 0.01% | −71,041−20.7% | Reduced |
| Royce & Associates LP | 223,652 | $64.0M | 0.59% | +2,392+1.1% | Added |
| Renaissance Technologies LLC | 215,900 | $61.8M | 0.10% | −48,900−18.5% | Reduced |
| Ameriprise Financial Inc | 202,597 | $58.0M | 0.02% | −51,374−20.2% | Reduced |
| Northern Trust Corp | 194,935 | $55.8M | 0.01% | +3,164+1.6% | Added |
| Principal Financial Group Inc | 187,963 | $53.8M | 0.03% | −18,170−8.8% | Reduced |
| Charles Schwab Investment Management Inc | 181,600 | $52.0M | 0.01% | +5,188+2.9% | Added |
| Praesidium Investment Management Company, LLC | 177,195 | $50.7M | 6.26% | −23,555−11.7% | Reduced |
| Goldman Sachs Group Inc | 163,311 | $46.7M | 0.01% | −111,548−40.6% | Reduced |
| M&G Investment Management Ltd | 160,109 | $45.8M | 0.28% | +11,754+7.9% | Added |
| American Capital Management Inc | 142,727 | $40.9M | 1.40% | −19,060−11.8% | Reduced |
| SEI Investments Co | 123,450 | $35.3M | 0.06% | −4,363−3.4% | Reduced |
| Wells Fargo & Company | 101,731 | $29.1M | 0.01% | −5,947−5.5% | Reduced |
| Copeland Capital Management, LLC | 100,331 | $28.7M | 0.58% | −5,047−4.8% | Reduced |
| Parnassus Investments | 94,728 | $27.1M | 0.06% | 00.0% | Unchanged |
| Cramer Rosenthal McGlynn LLC | 92,465 | $26.5M | 1.44% | −16,561−15.2% | Reduced |
| Nuveen Asset Management, LLC | 86,667 | $24.8M | 0.01% | −12,507−12.6% | Reduced |
| Rhumbline Advisers | 77,432 | $22.2M | 0.02% | −1,629−2.1% | Reduced |
| Confluence Investment Management LLC | 71,391 | $20.4M | 0.29% | −2,864−3.9% | Reduced |
| Balyasny Asset Management LLC | 67,375 | $19.3M | 0.05% | −3,649−5.1% | Reduced |
| Nordea Investment Management AB | 65,606 | $18.8M | 0.02% | −1,487−2.2% | Reduced |
| Chicago Capital, LLC | 59,803 | $17.1M | 0.62% | −1,878−3.0% | Reduced |
| Invesco Ltd. | 58,975 | $16.9M | 0.00% | −193,093−76.6% | Reduced |
| Swiss National Bank | 50,500 | $14.5M | 0.01% | −5,700−10.1% | Reduced |
| Credit Suisse AG | 47,606 | $13.6M | 0.01% | −805−1.7% | Reduced |
| DF Dent & Co Inc | 47,429 | $13.6M | 0.18% | +1,366+3.0% | Added |
| UBS Asset Management Americas Inc | 46,904 | $13.4M | 0.01% | +2,754+6.2% | Added |
| Ci Investments Inc. | 43,855 | $12.6M | 0.06% | −2,912−6.2% | Reduced |
| Legal & General Group Plc | 41,133 | $11.8M | 0.00% | +678+1.7% | Added |
| California Public Employees Retirement System | 39,891 | $11.4M | 0.01% | −11,025−21.7% | Reduced |
| Envestnet Asset Management Inc | 39,537 | $11.3M | 0.00% | +4,964+14.4% | Added |
| Coronation Fund Managers Ltd. | 39,333 | $11.3M | 0.31% | +1,662+4.4% | Added |
| Asset Management One Co.,Ltd. | 38,286 | $11.0M | 0.04% | −130−0.3% | Reduced |
| American International Group, Inc. | 35,405 | $10.1M | 0.04% | −1,480−4.0% | Reduced |
| Canada Pension Plan Investment Board | 35,000 | $10.0M | 0.01% | −6,000−14.6% | Reduced |
| Alliancebernstein L.P. | 33,607 | $9.62M | 0.00% | +240+0.7% | Added |
| Retirement Systems of Alabama | 32,623 | $9.34M | 0.04% | +135+0.4% | Added |
| Barlow Wealth Partners, Inc. | 31,906 | $9.13M | 1.30% | +31,906 | New |
| TownSquare Capital, LLC | 31,492 | $9.01M | 0.15% | +984+3.2% | Added |
| Segall Bryant & Hamill, LLC | 29,632 | $8.48M | 0.16% | +5,147+21.0% | Added |
| Kornitzer Capital Management Inc | 27,822 | $7.96M | 0.15% | −110−0.4% | Reduced |
| Jane Street Group, LLC | 27,439 | $7.85M | 0.01% | +19,868+262.4% | Added |
| California State Teachers Retirement System | 27,069 | $7.75M | 0.01% | −1,229−4.3% | Reduced |
| Natixis | 27,000 | $7.73M | 0.06% | +14,943+123.9% | Added |
| State Board of Administration of Florida Retirement System | 26,423 | $7.56M | 0.02% | +40+0.2% | Added |
| Nicholas Company, Inc. | 26,305 | $7.53M | 0.13% | 00.0% | Unchanged |
| Scout Investments, Inc. | 24,204 | $6.93M | 0.17% | −11,644−32.5% | Reduced |
| Marks Group Wealth Management, Inc | 24,024 | $6.88M | 0.78% | −214−0.9% | Reduced |
| Motley Fool Wealth Management, LLC | 24,009 | $6.85M | 0.36% | −226−0.9% | Reduced |
| Barclays PLC | 23,841 | $6.82M | 0.00% | −74,242−75.7% | Reduced |
| Daiwa Securities Group Inc. | 23,605 | $6.76M | 0.04% | −2,330−9.0% | Reduced |
| Fisher Asset Management, LLC | 22,955 | $6.57M | 0.00% | −5,507−19.3% | Reduced |
| Bank of Nova Scotia | 22,869 | $6.55M | 0.01% | −116,131−83.5% | Reduced |
| Texas Permanent School Fund | 22,498 | $6.44M | 0.06% | +403+1.8% | Added |
| National Bank of Canada | 23,158 | $6.41M | 0.01% | −102,045−81.5% | Reduced |
| Russell Investments Group, Ltd. | 22,331 | $6.39M | 0.01% | −4,051−15.4% | Reduced |
| Southeast Asset Advisors Inc. | 22,204 | $6.36M | 0.84% | −7,658−25.6% | Reduced |
| Manufacturers Life Insurance Company, The | 21,904 | $6.27M | 0.00% | −886−3.9% | Reduced |
| Man Group plc | 20,401 | $5.84M | 0.02% | – | – |
| New York State Common Retirement Fund | 19,050 | $5.45M | 0.01% | −2,002−9.5% | Reduced |
| Amalgamated Bank | 18,510 | $5.30M | 0.04% | +407+2.2% | Added |
| Stifel Financial Corp | 18,225 | $5.22M | 0.01% | +126+0.7% | Added |
| Algert Global LLC | 16,419 | $4.70M | 0.19% | −7,238−30.6% | Reduced |
| Mutual of America Capital Management LLC | 16,095 | $4.61M | 0.05% | −816−4.8% | Reduced |
| Raymond James & Associates | 15,915 | $4.56M | 0.00% | −2,775−14.8% | Reduced |
| MetLife Investment Management | 15,739 | $4.51M | 0.03% | −237−1.5% | Reduced |
| Great West Life Assurance Co | 15,699 | $4.49M | 0.01% | −443−2.7% | Reduced |
| Victory Capital Management Inc | 15,586 | $4.46M | 0.00% | −652−4.0% | Reduced |
| Quadrature Capital Ltd | 15,585 | $4.46M | 0.08% | −14,034−47.4% | Reduced |
| Motley Fool Asset Management LLC | 15,177 | $4.34M | 0.32% | −343−2.2% | Reduced |
| Azzad Asset Management Inc | 15,003 | $4.29M | 0.54% | −1,397−8.5% | Reduced |
| State of Alaska, Department of Revenue | 14,887 | $4.26M | 0.05% | −270−1.8% | Reduced |
| State of New Jersey Common Pension Fund D | 14,787 | $4.23M | 0.01% | 00.0% | Unchanged |
| Duality Advisers, LP | 14,161 | $4.05M | 0.43% | +14,161 | New |
| YHB Investment Advisors, Inc. | 14,092 | $4.03M | 0.39% | −4,426−23.9% | Reduced |
| Polen Capital Management LLC | 13,785 | $3.95M | 0.01% | −276−2.0% | Reduced |
| Henshaw Capital LLC | 13,415 | $3.84M | 0.20% | +3,075+29.7% | Added |
| PEAK6 Investments LLC | 13,320 | $3.81M | 0.16% | +10,685+405.5% | Added |
| State of Wisconsin Investment Board | 13,176 | $3.77M | 0.01% | −5,635−30.0% | Reduced |
| Neuberger Berman Group LLC | 12,754 | $3.65M | 0.00% | +168+1.3% | Added |
| CI Private Wealth, LLC | 12,588 | $3.60M | 0.01% | −988−7.3% | Reduced |