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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, 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.

Institutional holdersQ4 2023: 353 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 heldQ4 2023: $7.22B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q3 2023.

Institutions holding MORN in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Toronto Dominion Bank1$2860.00%00.0%Unchanged
Parkside Financial Bank & Trust1$2870.00%+1New
Glassman Wealth Services2$5720.00%00.0%Unchanged
SRS Capital Advisors, Inc.3$8590.00%+2+200.0%Added
Harbour Investments, Inc.4$1.15K0.00%00.0%Unchanged
Manchester Capital Management LLC5$1.43K0.00%00.0%Unchanged
JNBA Financial Advisors5$1.43K0.00%00.0%Unchanged
WealthCollab, LLC5$1.43K0.00%+5New
SJS Investment Consulting Inc.6$1.72K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC6$1.72K0.00%+3+100.0%Added
Massmutual Trust Co FSB7$2.00K0.00%−1−12.5%Reduced
DiNuzzo Private Wealth, Inc.7$2.00K0.00%+7New
Farmers & Merchants Investments Inc8$2.29K0.00%+3+60.0%Added
Gradient Investments LLC11$3.15K0.00%00.0%Unchanged
Global Retirement Partners, LLC12$3.30K0.00%00.0%Unchanged
Asset Dedication, LLC13$4.00K0.00%00.0%Unchanged
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.15$4.09K0.00%00.0%Unchanged
Amundi15$4.12K0.00%00.0%Unchanged
Sachetta, LLC15$4.29K0.00%+15New
Atlantic Private Wealth, LLC16$4.58K0.00%00.0%Unchanged
SYSTM Wealth Solutions LLC17$4.87K0.00%−2,137−99.2%Reduced
West Tower Group, LLC19$5.44K0.01%+7+58.3%Added
Kiely Wealth Advisory Group, Inc.20$5.55K0.00%+20New
Venturi Wealth Management, LLC21$6.01K0.00%+1+5.0%Added
Farther Finance Advisors, LLC22$6.30K0.00%+8+57.1%Added
LGT Financial Advisors LLC23$6.58K0.01%−1−4.2%Reduced
Larson Financial Group LLC23$6.58K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC26$7.44K0.00%+3+13.0%Added
Frazier Financial Advisors, LLC31$8.87K0.01%+31New
Ronald Blue Trust, Inc.37$9.00K0.00%−6−14.0%Reduced
IFP Advisors, Inc39$11.2K0.00%+2+5.4%Added
Northwestern Mutual Wealth Management Co39$11.2K0.00%+29+290.0%Added
Wolff Wiese Magana LLC39$11.2K0.01%00.0%Unchanged
JJJ Advisors Inc.48$13.7K0.00%00.0%Unchanged
Lindbrook Capital, LLC52$14.9K0.00%−2−3.7%Reduced
Covestor Ltd51$15.0K0.01%00.0%Unchanged
Centerpoint Advisors, LLC62$18.0K0.01%00.0%Unchanged
Benjamin F. Edwards & Company, Inc.63$18.0K0.00%+63New
Creative Financial Designs Inc63$18.0K0.00%00.0%Unchanged
Altshuler Shaham Ltd66$18.9K0.00%+66New
Capital Advisors, Ltd. LLC70$20.0K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC76$21.8K0.01%00.0%Unchanged
GWM Advisors LLC77$22.1K0.00%00.0%Unchanged
Bell Investment Advisors, Inc79$22.6K0.00%+5+6.8%Added
Bradley & Co. Private Wealth Management, LLC83$23.8K0.02%00.0%Unchanged
Private Trust Co NA84$24.0K0.00%00.0%Unchanged
Allworth Financial LP84$24.0K0.00%+11+15.1%Added
AdvisorNet Financial, Inc91$26.0K0.00%00.0%Unchanged
Grove Bank & Trust100$28.6K0.01%00.0%Unchanged
Principal Securities, Inc.101$28.9K0.00%+101New
Proequities, Inc.120$34.3K0.00%+41+51.9%Added
Pinnacle Financial Partners Inc120$34.3K0.00%00.0%Unchanged
GAMMA Investing LLC125$34.9K0.01%+125New
Brown Brothers Harriman & Co125$35.8K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC130$37.2K0.00%+5+4.0%Added
Central Trust Co130$37.2K0.00%00.0%Unchanged
Quent Capital, LLC141$40.4K0.01%00.0%Unchanged
Whittier Trust Co151$43.2K0.00%−90−37.3%Reduced
Steward Partners Investment Advisory, LLC166$47.5K0.00%+57+52.3%Added
O'Dell Group, LLC166$47.5K0.01%+166New
First Horizon Advisors, Inc.178$51.1K0.00%+6+3.5%Added
Versant Capital Management, Inc201$57.5K0.02%−2−1.0%Reduced
Harbor Investment Advisory, LLC222$63.5K0.01%00.0%Unchanged
CVA Family Office, LLC228$65.3K0.01%+228New
Fifth Third Bancorp232$66.4K0.00%+38+19.6%Added
CWM, LLC324$93.0K0.00%+40+14.1%Added
Bokf, NA325$93.0K0.00%00.0%Unchanged
Umb Bank N A340$97.3K0.00%00.0%Unchanged
Cullen/Frost Bankers, Inc.375$107.3K0.00%−200−34.8%Reduced
Boit C F David400$109.2K0.06%+400New
Aquatic Capital Management LLC400$114.0K0.00%+400New
Signaturefd, LLC418$119.6K0.00%+26+6.6%Added
Harvest Fund Management Co., Ltd423$122.0K0.02%+245+137.6%Added
KBC Group NV476$136.0K0.00%00.0%Unchanged
Harbor Capital Advisors, Inc.548$156.9K0.03%−111−16.8%Reduced
Acadian Asset Management LLC583$166.0K0.00%+583New
Dundas Partners LLP598$171.0K0.01%00.0%Unchanged
Quadrant Capital Group LLC599$171.5K0.01%+165+38.0%Added
North Star Investment Management Corp.602$172.3K0.01%−10−1.6%Reduced
Activest Wealth Management681$194.8K0.11%+1+0.1%Added
Envestnet Portfolio Solutions, Inc.709$203.0K0.00%+709New
FirstPurpose Wealth LLC728$208.4K0.08%+728New
CIBC Asset Management Inc748$214.1K0.00%+748New
Teza Capital Management LLC751$215.0K0.04%−802−51.6%Reduced
Kestra Private Wealth Services, LLC755$216.1K0.01%+755New
DFPG Investments, LLC797$217.6K0.02%−113−12.4%Reduced
Claret Asset Management Corp767$220.0K0.04%+767New
Spears Abacus Advisors LLC796$227.8K0.02%+796New
HM Payson & Co800$229.0K0.00%00.0%Unchanged
Panagora Asset Management Inc800$229.0K0.00%+800New
Cetera Investment Advisers844$241.6K0.00%−46−5.2%Reduced
Profund Advisors LLC845$241.9K0.01%+845New
HBK Sorce Advisory LLC896$256.5K0.01%+40+4.7%Added
Wallace Advisory Group, LLC1,114$260.9K0.20%−89−7.4%Reduced
Wolverine Trading, LLC912$261.1K0.00%+912New
Dynamic Technology Lab Private Ltd953$273.0K0.03%+953New
Shell Asset Management Co976$279.0K0.01%−294−23.1%Reduced
Bard Financial Services, Inc.1,000$286.2K0.03%00.0%Unchanged
Invesco, LLC1,009$288.8K0.13%−188−15.7%Reduced
Benjamin Edwards Inc1,052$301.0K0.07%+115+12.3%Added