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 |
|---|---|---|---|---|---|
| Mercer Global Advisors Inc | 1,066 | $305.0K | 0.00% | +89+9.1% | Added |
| Verition Fund Management LLC | 1,076 | $308.0K | 0.00% | +1,076 | New |
| Parallel Advisors, LLC | 1,091 | $312.3K | 0.01% | +34+3.2% | Added |
| Inceptionr LLC | 1,103 | $315.7K | 0.23% | +1,103 | New |
| Heartland Bank & Trust Co | 1,130 | $323.5K | 0.22% | 00.0% | Unchanged |
| Ethic Inc. | 1,138 | $325.7K | 0.01% | +140+14.0% | Added |
| Shelton Capital Management | 1,139 | $326.0K | 0.01% | +1,139 | New |
| Capital Investment Counsel, Inc | 1,150 | $329.2K | 0.06% | 00.0% | Unchanged |
| Ballentine Partners, LLC | 1,203 | $344.3K | 0.01% | +1,203 | New |
| Mariner, LLC | 1,214 | $347.6K | 0.00% | +36+3.1% | Added |
| The PNC Financial Services Group, Inc. | 1,222 | $349.8K | 0.00% | +257+26.6% | Added |
| Welch & Forbes LLC | 1,225 | $350.6K | 0.01% | 00.0% | Unchanged |
| Pekin Hardy Strauss, Inc. | 1,225 | $350.6K | 0.05% | 00.0% | Unchanged |
| Cadent Capital Advisors, LLC | 1,233 | $352.9K | 0.18% | 00.0% | Unchanged |
| Fiduciary Trust Co | 1,292 | $369.8K | 0.01% | −25−1.9% | Reduced |
| O'Shaughnessy Asset Management, LLC | 1,369 | $391.9K | 0.01% | +338+32.8% | Added |
| ProShare Advisors LLC | 1,370 | $392.1K | 0.00% | −35−2.5% | Reduced |
| Millennium Management LLC | 1,403 | $401.6K | 0.00% | +1,403 | New |
| Raymond James Trust N.A. | 1,448 | $414.5K | 0.01% | −47−3.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,462 | $418.0K | 0.00% | +1,462 | New |
| Connable Office Inc | 1,470 | $420.8K | 0.05% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 1,512 | $432.8K | 0.00% | −288−16.0% | Reduced |
| Commonwealth Equity Services, LLC | 1,564 | $448.0K | 0.00% | −153−8.9% | Reduced |
| Precision Wealth Strategies, LLC | 1,569 | $449.1K | 0.44% | +31+2.0% | Added |
| Royal Bank of Canada | 1,684 | $482.0K | 0.00% | +172+11.4% | Added |
| Baird Financial Group, Inc. | 1,690 | $483.7K | 0.00% | −307−15.4% | Reduced |
| American Century Companies Inc | 1,748 | $500.3K | 0.00% | +166+10.5% | Added |
| Park Avenue Securities LLC | 1,771 | $507.0K | 0.01% | +578+48.4% | Added |
| Bank of Stockton | 1,828 | $509.4K | 0.17% | −1,008−35.5% | Reduced |
| Spectrum Asset Management, Inc. (NB/CA) | 1,800 | $515.2K | 0.23% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 1,812 | $519.0K | 0.02% | −877−32.6% | Reduced |
| Equitable Trust Co | 1,871 | $535.6K | 0.04% | −34−1.8% | Reduced |
| Maryland State Retirement & Pension System | 1,914 | $547.9K | 0.01% | 00.0% | Unchanged |
| Truist Financial Corp | 2,006 | $574.2K | 0.00% | +941+88.4% | Added |
| Crossmark Global Holdings, Inc. | 2,024 | $579.0K | 0.01% | −65−3.1% | Reduced |
| GTS Securities LLC | 2,035 | $582.5K | 0.01% | +928+83.8% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 2,062 | $590.1K | 0.01% | +327+18.8% | Added |
| Engineers Gate Manager LP | 2,108 | $603.4K | 0.02% | +2,108 | New |
| Gateway Investment Advisers LLC | 2,128 | $609.1K | 0.01% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 2,178 | $623.0K | 0.01% | +1,424+188.9% | Added |
| Securian Asset Management, Inc | 2,204 | $630.9K | 0.02% | 00.0% | Unchanged |
| Planning Alternatives Ltd | 2,205 | $631.2K | 0.11% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 2,246 | $643.0K | 0.05% | −7−0.3% | Reduced |
| PDT Partners, LLC | 2,311 | $661.5K | 0.07% | 00.0% | Unchanged |
| Deutsche Bank AG | 2,404 | $688.1K | 0.00% | +1,261+110.3% | Added |
| Twin Tree Management, LP | 2,507 | $717.6K | 0.01% | +2,507 | New |
| Simon Quick Advisors, LLC | 2,534 | $725.3K | 0.06% | −780−23.5% | Reduced |
| Alliance Wealth Advisors, LLC | 2,541 | $727.3K | 0.24% | +51+2.0% | Added |
| Avantax Advisory Services, Inc. | 2,553 | $730.8K | 0.01% | −273−9.7% | Reduced |
| Williams Jones Wealth Management, LLC. | 2,600 | $744.2K | 0.01% | +100+4.0% | Added |
| Nebula Research & Development LLC | 2,608 | $746.5K | 0.23% | +2,608 | New |
| Creative Planning | 2,693 | $770.8K | 0.00% | +262+10.8% | Added |
| Legacy Advisors, LLC | 2,752 | $787.7K | 0.10% | −435−13.6% | Reduced |
| JustInvest LLC | 2,759 | $789.8K | 0.02% | +1,261+84.2% | Added |
| Public Employees Retirement Association of Colorado | 2,787 | $798.0K | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 2,868 | $820.9K | 0.00% | −6,352−68.9% | Reduced |
| Pictet Asset Management Holding SA | 2,907 | $832.1K | 0.00% | +155+5.6% | Added |
| Gotham Asset Management, LLC | 2,911 | $833.2K | 0.02% | +2,911 | New |
| Federated Hermes, Inc. | 2,951 | $844.7K | 0.00% | −591−16.7% | Reduced |
| Holocene Advisors, LP | 2,970 | $850.1K | 0.00% | −11,766−79.8% | Reduced |
| Davy Global Fund Management Ltd | 2,994 | $857.0K | 0.10% | −536−15.2% | Reduced |
| BNP Paribas Arbitrage, SA | 2,994 | $857.0K | 0.00% | +662+28.4% | Added |
| Versor Investments LP | 3,000 | $858.7K | 0.17% | +3,000 | New |
| Bradley Foster & Sargent Inc | 3,021 | $864.7K | 0.02% | 00.0% | Unchanged |
| Cerity Partners LLC | 3,029 | $867.0K | 0.00% | +3,029 | New |
| HSBC Holdings PLC | 3,059 | $875.3K | 0.00% | +2,064+207.4% | Added |
| Advisor Group Holdings, Inc. | 3,228 | $924.0K | 0.00% | −1,705−34.6% | Reduced |
| Janney Montgomery Scott LLC | 3,238 | $927.0K | 0.00% | −56−1.7% | Reduced |
| Seeds Investor LLC | 3,296 | $943.5K | 1.07% | +3,296 | New |
| Teacher Retirement System of Texas | 3,311 | $948.0K | 0.01% | −772−18.9% | Reduced |
| Accretive Wealth Partners, LLC | 3,312 | $948.0K | 0.46% | −8−0.2% | Reduced |
| Covey Capital Advisors, LLC | 3,439 | $984.4K | 1.25% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 3,443 | $985.5K | 0.02% | −196−5.4% | Reduced |
| Baker Tilly Wealth Management, LLC | 3,771 | $1.08M | 0.18% | +465+14.1% | Added |
| Quantbot Technologies LP | 3,831 | $1.10M | 0.06% | +3,831 | New |
| Pacer Advisors, Inc. | 3,846 | $1.10M | 0.00% | +1,629+73.5% | Added |
| Black Creek Investment Management Inc. | 3,900 | $1.12M | 0.04% | −1,500−27.8% | Reduced |
| Tower Research Capital LLC (TRC) | 3,909 | $1.12M | 0.01% | +3,388+650.3% | Added |
| Norden Group LLC | 3,959 | $1.13M | 0.20% | +276+7.5% | Added |
| Susquehanna International Group, LLP | 4,295 | $1.23M | 0.00% | −15,913−78.7% | Reduced |
| BCGM Wealth Management, LLC | 4,308 | $1.23M | 0.50% | +73+1.7% | Added |
| CIBC Private Wealth Group, LLC | 4,325 | $1.24M | 0.00% | −142−3.2% | Reduced |
| Martin Capital Advisors, LLP | 4,356 | $1.25M | 1.05% | +77+1.8% | Added |
| Johnson Investment Counsel Inc | 4,427 | $1.27M | 0.01% | 00.0% | Unchanged |
| Utah Retirement Systems | 4,431 | $1.27M | 0.02% | 00.0% | Unchanged |
| Portside Wealth Group, LLC | 4,643 | $1.33M | 0.25% | +451+10.8% | Added |
| Bank of Montreal | 4,661 | $1.35M | 0.00% | −4−0.1% | Reduced |
| Prudential Financial Inc | 4,732 | $1.35M | 0.00% | +3,130+195.4% | Added |
| Magnetar Financial LLC | 5,030 | $1.44M | 0.04% | −1,113−18.1% | Reduced |
| Buckingham Strategic Wealth, LLC | 5,030 | $1.44M | 0.02% | +13+0.3% | Added |
| Blair William & Co | 5,079 | $1.45M | 0.00% | −909−15.2% | Reduced |
| New Mexico Educational Retirement Board | 5,200 | $1.49M | 0.06% | 00.0% | Unchanged |
| MML Investors Services, LLC | 5,226 | $1.50M | 0.01% | +1,524+41.2% | Added |
| Bessemer Group Inc | 5,455 | $1.56M | 0.00% | −2,453−31.0% | Reduced |
| Pathstone Holdings, LLC | 5,498 | $1.57M | 0.01% | +5,498 | New |
| Handelsbanken Fonder AB | 5,572 | $1.59M | 0.01% | +2,200+65.2% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 5,614 | $1.61M | 0.01% | +549+10.8% | Added |
| AQR Capital Management LLC | 5,627 | $1.61M | 0.00% | −2,388−29.8% | Reduced |
| Xponance, Inc. | 5,658 | $1.62M | 0.02% | −100−1.7% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,747 | $1.65M | 0.01% | +478+9.1% | Added |