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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
Commonwealth Equity Services, LLC1,821$613.0K0.00%+393+27.5%Added
Dynamic Technology Lab Private Ltd1,860$626.0K0.10%+1,185+175.6%Added
Equitable Trust Co1,871$630.1K0.04%00.0%Unchanged
The PNC Financial Services Group, Inc.1,915$644.9K0.00%+579+43.3%Added
Verition Fund Management LLC1,946$655.3K0.00%+530+37.4%Added
Procyon Private Wealth Partners, LLC1,951$657.1K0.04%−16−0.8%Reduced
Cetera Investment Advisers2,077$699.5K0.00%+154+8.0%Added
Securian Asset Management, Inc2,080$700.5K0.02%00.0%Unchanged
Illinois Municipal Retirement Fund2,085$702.1K0.01%+2,085New
Engineers Gate Manager LP2,109$710.2K0.01%−672−24.2%Reduced
Occudo Quantitative Strategies LP2,111$710.9K0.13%+2,111New
Gateway Investment Advisers LLC2,128$716.6K0.01%00.0%Unchanged
Omers Administration Corp2,200$740.9K0.01%+2,200New
Federated Hermes, Inc.2,214$745.6K0.00%−79−3.4%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.2,237$755.3K0.01%−131−5.5%Reduced
Planning Alternatives Ltd2,254$759.1K0.12%00.0%Unchanged
Entropy Technologies, LP2,257$760.1K0.08%−1,600−41.5%Reduced
Seeds Investor LLC2,262$761.9K0.22%−8−0.4%Reduced
Jump Financial, LLC2,286$769.8K0.02%−3,808−62.5%Reduced
HRT Financial LP2,435$820.0K0.00%+2,435New
Exchange Traded Concepts, LLC2,453$826.1K0.02%+60+2.5%Added
D. E. Shaw & Co., Inc.2,481$835.5K0.00%+2,481New
Loomis Sayles & Co L P2,483$836.0K0.00%+2,483New
First Hawaiian Bank2,562$862.8K0.03%−634−19.8%Reduced
Precision Wealth Strategies, LLC2,564$863.5K0.67%+65+2.6%Added
Ethic Inc.2,578$868.2K0.02%+253+10.9%Added
Gotham Asset Management, LLC2,595$873.9K0.01%−3,997−60.6%Reduced
Covey Capital Advisors, LLC2,607$877.9K1.00%−228−8.0%Reduced
Diversify Wealth Management, LLC2,821$891.2K0.07%+576+25.7%Added
Wiley Bros.-Aintree Capital, LLC2,667$901.5K0.01%+1,419+113.7%Added
Aquatic Capital Management LLC2,679$902.2K0.02%−801−23.0%Reduced
Creative Planning2,690$905.9K0.00%−23−0.8%Reduced
Mackenzie Financial Corp2,716$914.6K0.00%+2,716New
Public Employees Retirement Association of Colorado2,787$939.0K0.00%00.0%Unchanged
Magnetar Financial LLC2,798$942.3K0.02%−7,604−73.1%Reduced
Advisory Services Network, LLC2,833$954.0K0.02%−432−13.2%Reduced
Davy Global Fund Management Ltd2,849$959.4K0.11%−98−3.3%Reduced
Avantax Advisory Services, Inc.2,905$978.4K0.01%−119−3.9%Reduced
Legacy Advisors, LLC2,947$992.4K0.10%+37+1.3%Added
Bryce Point Capital, LLC3,001$1.01M0.29%+3,001New
Bradley Foster & Sargent Inc3,021$1.02M0.02%00.0%Unchanged
O'Shaughnessy Asset Management, LLC3,031$1.02M0.01%+102+3.5%Added
Gibbs Wealth Management3,062$1.03M0.28%+562+22.5%Added
Atria Investments LLC3,254$1.10M0.01%−275−7.8%Reduced
Advisor Group Holdings, Inc.3,326$1.12M0.00%+1,164+53.8%Added
Simon Quick Advisors, LLC3,340$1.12M0.07%−22−0.7%Reduced
Accretive Wealth Partners, LLC3,411$1.15M0.49%−14−0.4%Reduced
Janney Montgomery Scott LLC3,446$1.16M0.00%+163+5.0%Added
Nomura Holdings Inc3,585$1.21M0.01%+3,585New
JustInvest LLC3,655$1.23M0.02%+373+11.4%Added
Bessemer Group Inc3,652$1.23M0.00%−22−0.6%Reduced
Level Four Advisory Services, LLC3,705$1.25M0.05%+588+18.9%Added
Colony Group, LLC3,803$1.28M0.00%−1,094−22.3%Reduced
Pictet Asset Management Holding SA3,860$1.30M0.00%+181+4.9%Added
Polen Capital Management LLC3,906$1.32M0.00%−2,290−37.0%Reduced
Consolidated Press International Holdings Ltd4,100$1.38M0.21%00.0%Unchanged
Blair William & Co4,145$1.40M0.00%−50−1.2%Reduced
Johnson Investment Counsel Inc4,213$1.42M0.01%−44−1.0%Reduced
Oak Thistle LLC4,276$1.44M0.43%+2,826+194.9%Added
Truist Financial Corp4,284$1.44M0.00%+472+12.4%Added
Cinctive Capital Management LP4,313$1.45M0.08%+4,313New
BNP Paribas Arbitrage, SA4,333$1.46M0.00%−1,650−27.6%Reduced
Cerity Partners LLC4,628$1.48M0.00%−1,690−26.7%Reduced
Utah Retirement Systems4,420$1.49M0.02%00.0%Unchanged
Martin Capital Advisors, LLP4,452$1.50M0.97%00.0%Unchanged
Susquehanna International Group, LLP4,553$1.53M0.00%−5,387−54.2%Reduced
Alliance Wealth Advisors, LLC4,793$1.61M0.42%+91+1.9%Added
Fox Run Management, L.L.C.4,811$1.62M0.29%+3,346+228.4%Added
Bradyco, Inc.4,864$1.64M1.01%+4,864New
Pacer Advisors, Inc.4,951$1.67M0.00%+970+24.4%Added
LPL Financial LLC5,092$1.71M0.00%+610+13.6%Added
MML Investors Services, LLC5,095$1.72M0.01%+815+19.0%Added
Fieldview Capital Management, LLC5,117$1.72M0.27%+5,117New
Linden Thomas Advisory Services, LLC5,151$1.73M0.22%−9−0.2%Reduced
Portside Wealth Group, LLC5,195$1.75M0.29%−110−2.1%Reduced
New Mexico Educational Retirement Board5,200$1.75M0.06%00.0%Unchanged
Bank of Montreal5,355$1.80M0.00%−113−2.1%Reduced
Ameritas Investment Partners, Inc.5,411$1.82M0.06%−135−2.4%Reduced
Ashford Capital Management Inc5,431$1.83M0.22%00.0%Unchanged
Xponance, Inc.5,431$1.83M0.02%+165+3.1%Added
Oregon Public Employees Retirement Fund5,488$1.85M0.03%−29−0.5%Reduced
Quantbot Technologies LP5,491$1.85M0.07%−8,278−60.1%Reduced
Ofi Invest Asset Management5,700$1.85M0.04%+5,700New
CIBC Private Wealth Group, LLC5,819$1.88M0.00%−66−1.1%Reduced
KLP Kapitalforvaltning AS5,600$1.89M0.01%+5,600New
Harbor Capital Advisors, Inc.5,626$1.90M0.08%+37+0.7%Added
Cubist Systematic Strategies, LLC5,711$1.92M0.03%−35,712−86.2%Reduced
New York State Teachers Retirement System5,900$1.99M0.00%−2,545−30.1%Reduced
Sepio Capital, LP5,937$2.00M0.16%−69−1.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys5,967$2.01M0.01%+18+0.3%Added
Northwestern Mutual Investment Management Company, LLC6,005$2.02M0.04%+17+0.3%Added
HSBC Holdings PLC6,266$2.12M0.00%+5,313+557.5%Added
Oddo BHF Asset Management SAS6,357$2.14M0.11%+145+2.3%Added
Handelsbanken Fonder AB6,372$2.15M0.01%+400+6.7%Added
State of Michigan Retirement System6,400$2.16M0.01%00.0%Unchanged
Grandeur Peak Global Advisors, LLC6,499$2.19M0.19%+6,499New
Danske Bank A/S6,708$2.26M0.01%+3,608+116.4%Added
Empire Life Investments Inc.6,806$2.29M0.14%+56+0.8%Added
Zurcher Kantonalbank (Zurich Cantonalbank)6,818$2.30M0.01%+738+12.1%Added
Quantinno Capital Management LP6,924$2.33M0.02%+1,390+25.1%Added