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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
Ameritas Investment Partners, Inc.5,751$1.65M0.06%−84−1.4%Reduced
Northwestern Mutual Investment Management Company, LLC5,794$1.66M0.04%+24+0.4%Added
New York State Teachers Retirement System5,800$1.66M0.00%+200+3.6%Added
Schonfeld Strategic Advisors LLC5,870$1.68M0.01%+5,870New
Two Sigma Advisers, LP6,100$1.75M0.00%−200−3.2%Reduced
Sepio Capital, LP6,120$1.75M0.15%−635−9.4%Reduced
Point72 Europe (London) LLP6,136$1.76M0.22%+6,136New
ClariVest Asset Management LLC6,173$1.77M0.10%+6,173New
Jump Financial, LLC6,194$1.77M0.06%+6,194New
State of Michigan Retirement System6,200$1.77M0.01%00.0%Unchanged
Citigroup Inc6,221$1.78M0.00%+946+17.9%Added
Thrivent Financial for Lutherans6,507$1.86M0.00%−8−0.1%Reduced
Empire Life Investments Inc.6,659$1.91M0.12%+128+2.0%Added
Two Sigma Investments, LP7,100$2.03M0.00%−70−1.0%Reduced
Arizona State Retirement System7,154$2.05M0.02%−115−1.6%Reduced
Louisiana State Employees Retirement System7,300$2.09M0.04%−100−1.4%Reduced
Oregon Public Employees Retirement Fund7,362$2.11M0.04%+62+0.8%Added
Linden Thomas Advisory Services, LLC7,379$2.11M0.39%+224+3.1%Added
LPL Financial LLC7,477$2.14M0.00%+1,714+29.7%Added
Bright Rock Capital Management, LLC7,500$2.15M0.49%−2,500−25.0%Reduced
Raymond James Financial Services Advisors, Inc.7,620$2.18M0.00%+7,620New
George Kaiser Family Foundation7,638$2.19M0.45%−6,716−46.8%Reduced
Ashford Capital Management Inc7,885$2.26M0.30%+270+3.5%Added
Kensington Investment Counsel, LLC8,317$2.38M1.25%+79+1.0%Added
Redmond Asset Management, LLC8,359$2.39M0.77%−169−2.0%Reduced
Teachers Retirement System of the State of Kentucky8,420$2.41M0.02%+520+6.6%Added
B. Metzler seel. Sohn & Co. AG8,512$2.44M0.03%+450+5.6%Added
Campbell & CO Investment Adviser LLC8,549$2.45M0.22%+8,549New
Atria Investments LLC8,735$2.50M0.04%−2,820−24.4%Reduced
Mawer Investment Management Ltd.8,736$2.50M0.01%+716+8.9%Added
Point72 Hong Kong Ltd8,911$2.55M0.16%+8,911New
Advisors Preferred, LLC9,336$2.59M0.43%+9,336New
Susquehanna Portfolio Strategies, LLC9,147$2.62M0.05%+9,147New
Captrust Financial Advisors9,160$2.62M0.01%−1,638−15.2%Reduced
HighTower Advisors, LLC9,187$2.62M0.00%+526+6.1%Added
Ceera Investments, LLC9,991$2.86M1.35%−2,465−19.8%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.10,435$2.99M0.01%−17,897−63.2%Reduced
M&T Bank Corp10,467$3.00M0.01%−568−5.1%Reduced
Cardinal Capital Management10,693$3.06M0.58%−122−1.1%Reduced
Public Employees Retirement System of Ohio10,901$3.12M0.01%+293+2.8%Added
Oppenheimer Asset Management Inc.10,938$3.13M0.04%+417+4.0%Added
First Trust Advisors LP10,986$3.14M0.00%+9,885+897.8%Added
1832 Asset Management L.P.11,200$3.21M0.01%00.0%Unchanged
UBS Group AG11,303$3.24M0.00%+8,656+327.0%Added
Voya Investment Management LLC11,319$3.24M0.00%−247−2.1%Reduced
US Bancorp11,392$3.26M0.00%−35−0.3%Reduced
Treasurer of the State of North Carolina11,402$3.26M0.02%+110+1.0%Added
Ensign Peak Advisors, Inc11,455$3.28M0.01%+3,535+44.6%Added
Comerica Bank11,756$3.37M0.02%−215−1.8%Reduced
Janus Henderson Group PLC11,879$3.40M0.00%−19−0.2%Reduced
Yousif Capital Management, LLC12,103$3.46M0.04%−102−0.8%Reduced
State of Tennessee, Treasury Department12,500$3.58M0.01%+12,500New
Commerce Bank12,569$3.60M0.03%−1,371−9.8%Reduced
CI Private Wealth, LLC12,588$3.60M0.01%−988−7.3%Reduced
Neuberger Berman Group LLC12,754$3.65M0.00%+168+1.3%Added
State of Wisconsin Investment Board13,176$3.77M0.01%−5,635−30.0%Reduced
PEAK6 Investments LLC13,320$3.81M0.16%+10,685+405.5%Added
Henshaw Capital LLC13,415$3.84M0.20%+3,075+29.7%Added
Polen Capital Management LLC13,785$3.95M0.01%−276−2.0%Reduced
YHB Investment Advisors, Inc.14,092$4.03M0.39%−4,426−23.9%Reduced
Duality Advisers, LP14,161$4.05M0.43%+14,161New
State of New Jersey Common Pension Fund D14,787$4.23M0.01%00.0%Unchanged
State of Alaska, Department of Revenue14,887$4.26M0.05%−270−1.8%Reduced
Azzad Asset Management Inc15,003$4.29M0.54%−1,397−8.5%Reduced
Motley Fool Asset Management LLC15,177$4.34M0.32%−343−2.2%Reduced
Quadrature Capital Ltd15,585$4.46M0.08%−14,034−47.4%Reduced
Victory Capital Management Inc15,586$4.46M0.00%−652−4.0%Reduced
Great West Life Assurance Co15,699$4.49M0.01%−443−2.7%Reduced
MetLife Investment Management15,739$4.51M0.03%−237−1.5%Reduced
Raymond James & Associates15,915$4.56M0.00%−2,775−14.8%Reduced
Mutual of America Capital Management LLC16,095$4.61M0.05%−816−4.8%Reduced
Algert Global LLC16,419$4.70M0.19%−7,238−30.6%Reduced
Stifel Financial Corp18,225$5.22M0.01%+126+0.7%Added
Amalgamated Bank18,510$5.30M0.04%+407+2.2%Added
New York State Common Retirement Fund19,050$5.45M0.01%−2,002−9.5%Reduced
Man Group plc20,401$5.84M0.02%––
Manufacturers Life Insurance Company, The21,904$6.27M0.00%−886−3.9%Reduced
Southeast Asset Advisors Inc.22,204$6.36M0.84%−7,658−25.6%Reduced
Russell Investments Group, Ltd.22,331$6.39M0.01%−4,051−15.4%Reduced
National Bank of Canada23,158$6.41M0.01%−102,045−81.5%Reduced
Texas Permanent School Fund22,498$6.44M0.06%+403+1.8%Added
Bank of Nova Scotia22,869$6.55M0.01%−116,131−83.5%Reduced
Fisher Asset Management, LLC22,955$6.57M0.00%−5,507−19.3%Reduced
Daiwa Securities Group Inc.23,605$6.76M0.04%−2,330−9.0%Reduced
Barclays PLC23,841$6.82M0.00%−74,242−75.7%Reduced
Motley Fool Wealth Management, LLC24,009$6.85M0.36%−226−0.9%Reduced
Marks Group Wealth Management, Inc24,024$6.88M0.78%−214−0.9%Reduced
Scout Investments, Inc.24,204$6.93M0.17%−11,644−32.5%Reduced
Nicholas Company, Inc.26,305$7.53M0.13%00.0%Unchanged
State Board of Administration of Florida Retirement System26,423$7.56M0.02%+40+0.2%Added
Natixis27,000$7.73M0.06%+14,943+123.9%Added
California State Teachers Retirement System27,069$7.75M0.01%−1,229−4.3%Reduced
Jane Street Group, LLC27,439$7.85M0.01%+19,868+262.4%Added
Kornitzer Capital Management Inc27,822$7.96M0.15%−110−0.4%Reduced
Segall Bryant & Hamill, LLC29,632$8.48M0.16%+5,147+21.0%Added
TownSquare Capital, LLC31,492$9.01M0.15%+984+3.2%Added
Barlow Wealth Partners, Inc.31,906$9.13M1.30%+31,906New
Retirement Systems of Alabama32,623$9.34M0.04%+135+0.4%Added
Alliancebernstein L.P.33,607$9.62M0.00%+240+0.7%Added
Canada Pension Plan Investment Board35,000$10.0M0.01%−6,000−14.6%Reduced