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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 2024

Institutional positions in Morningstar, Inc. as of Dec 31, 2024. 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
451
+47 vs. Q3 2024
Shares held
25.7M
−65.7K (−0.3%) vs. Q3 2024
Total value
$8.67B
+$438.4M (+5.3%) vs. Q3 2024
New holders
75
157 more added
Sold out
28
145 more reduced

8 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 451 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 2024: $8.67B
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 2024

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q3 2024.

Institutions holding MORN in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Fifth Third Bancorp417$140.4K0.00%−55−11.7%Reduced
Brown Brothers Harriman & Co423$142.4K0.00%00.0%Unchanged
Sterling Capital Management LLC431$145.1K0.00%−54−11.1%Reduced
Umb Bank N A467$157.3K0.00%+54+13.1%Added
GAMMA Investing LLC467$157.3K0.01%+154+49.2%Added
North Star Investment Management Corp.517$174.1K0.01%−60−10.4%Reduced
Quarry LP542$182.5K0.04%+490+942.3%Added
HM Payson & Co600$202.1K0.00%00.0%Unchanged
Running Point Capital Advisors, LLC600$202.1K0.07%+600New
Roberts Glore & Co Inc610$205.4K0.06%+610New
Schechter Investment Advisors, LLC612$206.1K0.02%−17−2.7%Reduced
Corton Capital Inc.612$206.1K0.12%+612New
Willner & Heller, LLC616$207.5K0.18%+616New
Rafferty Asset Management, LLC617$207.8K0.00%+617New
Keybank National Association625$210.5K0.00%−83−11.7%Reduced
Quadrant Capital Group LLC630$212.2K0.01%−6−0.9%Reduced
Evergreen Capital Management LLC634$213.5K0.01%+634New
Longboard Asset Management, LP635$213.8K0.57%+635New
Cyndeo Wealth Partners, LLC636$214.2K0.01%00.0%Unchanged
SG Americas Securities, LLC639$215.0K0.00%−1,395−68.6%Reduced
Fonville Wealth Management LLC646$217.5K0.07%−30−4.4%Reduced
Point72 Hong Kong Ltd647$217.8K0.01%+466+257.5%Added
Kovitz Investment Group Partners, LLC654$220.2K0.00%+654New
Forum Financial Management, LP662$222.9K0.00%+662New
Meiji Yasuda Asset Management Co Ltd.664$223.6K0.01%00.0%Unchanged
Profund Advisors LLC670$225.6K0.01%−109−14.0%Reduced
GK Wealth Management LLC673$226.6K0.29%+673New
Glenview Trust Co674$227.0K0.00%+674New
Claret Asset Management Corp693$233.0K0.04%+5+0.7%Added
Baker Tilly Wealth Management, LLC696$234.4K0.09%−1−0.1%Reduced
Amundi728$234.7K0.00%−192,048−99.6%Reduced
Everence Capital Management Inc700$236.0K0.02%+700New
Principal Securities, Inc.705$237.4K0.01%+80+12.8%Added
Bayforest Capital Ltd715$240.8K0.30%+715New
Atomi Financial Group, Inc.729$245.5K0.01%+729New
XTX Topco Ltd760$255.9K0.02%−1,539−66.9%Reduced
Bank of Stockton760$255.9K0.08%00.0%Unchanged
Two Sigma Securities, LLC765$257.6K0.05%+765New
HBK Sorce Advisory LLC769$259.0K0.01%−34−4.2%Reduced
Genesis Private Wealth, LLC770$259.3K0.14%+770New
Fifth Third Wealth Advisors LLC772$260.0K0.01%−9−1.2%Reduced
Associated Banc-Corp775$261.0K0.01%+10+1.3%Added
Spears Abacus Advisors LLC782$263.3K0.01%−8−1.0%Reduced
Callan Family Office, LLC782$263.3K0.02%+782New
Stonegate Investment Group, LLC788$265.4K0.01%+24+3.1%Added
Machina Capital S.A.S.817$275.1K0.12%−225−21.6%Reduced
Shell Asset Management Co837$282.0K0.01%−2−0.2%Reduced
Invesco, LLC888$299.0K0.12%−112−11.2%Reduced
QRG Capital Management, Inc.890$299.7K0.00%+58+7.0%Added
Angeles Wealth Management, LLC925$311.5K0.03%00.0%Unchanged
Leonteq Securities AG956$321.9K0.03%+112+13.3%Added
Quest Partners LLC979$329.7K0.04%−11,764−92.3%Reduced
Petrus Trust Company, LTA997$335.8K0.03%+294+41.8%Added
Wallace Advisory Group, LLC1,061$338.6K0.23%−83−7.3%Reduced
Diversify Advisory Services, LLC1,072$338.7K0.02%−67−5.9%Reduced
Shelton Capital Management1,038$349.6K0.01%00.0%Unchanged
Mechanics Bank Trust Department1,052$354.3K0.05%+5+0.5%Added
Oppenheimer & Co Inc1,073$361.3K0.01%+244+29.4%Added
Fiduciary Trust Co1,080$363.7K0.00%−112−9.4%Reduced
Panagora Asset Management Inc1,118$376.5K0.00%+4+0.4%Added
KBC Group NV1,125$379.0K0.00%+436+63.3%Added
Cottonwood Capital Advisors, LLC1,135$382.2K0.27%+127+12.6%Added
CWM, LLC1,138$383.0K0.00%+17+1.5%Added
Capital Investment Counsel, Inc1,150$387.3K0.06%00.0%Unchanged
Kestra Private Wealth Services, LLC1,178$396.7K0.01%+35+3.1%Added
RFG - Bristol Wealth Advisors, LLC1,201$404.5K0.13%+1,201New
Quadrature Capital Ltd1,220$410.8K0.01%+1,220New
Sanctuary Advisors, LLC1,254$414.4K0.00%−34−2.6%Reduced
Parallel Advisors, LLC1,237$416.6K0.01%−38−3.0%Reduced
Ballentine Partners, LLC1,248$420.3K0.01%+13+1.1%Added
Alberta Investment Management Corp1,256$423.0K0.00%+1,256New
ProShare Advisors LLC1,263$425.3K0.00%+87+7.4%Added
Envestnet Portfolio Solutions, Inc.1,269$427.3K0.00%+265+26.4%Added
Jane Street Group, LLC1,311$441.5K0.00%−1,722−56.8%Reduced
CIBC Asset Management Inc1,327$446.9K0.00%+68+5.4%Added
Dearborn Partners LLC1,330$447.9K0.02%+272+25.7%Added
Smith Group Asset Management, LLC1,390$468.1K0.03%+1,390New
Cadent Capital Advisors, LLC1,396$470.1K0.16%00.0%Unchanged
Cresset Asset Management, LLC1,453$489.2K0.00%−877−37.6%Reduced
Park Avenue Securities LLC1,464$493.0K0.01%+429+41.4%Added
Boothbay Fund Management, LLC1,468$494.4K0.02%+554+60.6%Added
Connable Office Inc1,470$495.0K0.05%00.0%Unchanged
Franklin Resources Inc1,483$499.4K0.00%00.0%Unchanged
Dempze Nancy E1,494$503.1K0.29%−1,000−40.1%Reduced
Dundas Partners LLP1,522$512.5K0.04%+623+69.3%Added
Maryland State Retirement & Pension System1,525$513.6K0.01%00.0%Unchanged
Naviter Wealth, LLC1,540$518.6K0.06%+1,540New
Great Valley Advisor Group, Inc.1,559$525.1K0.01%+35+2.3%Added
Tower Research Capital LLC (TRC)1,577$531.1K0.01%+867+122.1%Added
Welch & Forbes LLC1,609$541.8K0.01%−125−7.2%Reduced
Catalyst Funds Management Pty Ltd1,625$547.2K0.14%+1,625New
Crossmark Global Holdings, Inc.1,629$549.0K0.01%−629−27.9%Reduced
Wealth Enhancement Advisory Services, LLC1,643$553.2K0.00%+191+13.2%Added
Lazard Asset Management LLC1,690$569.0K0.00%+1,690New
Toroso Investments, LLC1,695$570.8K0.00%+487+40.3%Added
Benjamin Edwards Inc1,700$572.6K0.01%+138+8.8%Added
Mariner, LLC1,705$574.0K0.00%+165+10.7%Added
Graham Capital Management, L.P.1,774$597.4K0.02%+1,774New
Deutsche Bank AG1,798$605.5K0.00%+42+2.4%Added
Spectrum Asset Management, Inc. (NB/CA)1,807$608.5K0.27%+2+0.1%Added