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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
Nicholas Company, Inc.56,630$19.1M0.31%+30,320+115.2%Added
Chicago Capital, LLC57,687$19.4M0.52%−509−0.9%Reduced
Nordea Investment Management AB57,505$19.5M0.02%+1,963+3.5%Added
Confluence Investment Management LLC63,393$21.3M0.30%−1,039−1.6%Reduced
Boston Financial Mangement LLC65,924$22.2M0.67%+4,299+7.0%Added
Parnassus Investments70,111$23.6M0.05%−923−1.3%Reduced
Rhumbline Advisers77,142$26.0M0.02%−91−0.1%Reduced
Principal Financial Group Inc78,639$26.5M0.01%−6,206−7.3%Reduced
DF Dent & Co Inc85,678$28.9M0.37%−2,700−3.1%Reduced
Wells Fargo & Company87,008$29.3M0.01%−1,568−1.8%Reduced
Nuveen Asset Management, LLC90,029$30.3M0.01%+18,535+25.9%Added
Praesidium Investment Management Company, LLC90,058$30.3M5.09%−8,708−8.8%Reduced
Envestnet Asset Management Inc94,135$31.7M0.01%+17,139+22.3%Added
UBS Asset Management Americas Inc98,337$33.1M0.01%+9,658+10.9%Added
Schroder Investment Management Group100,185$33.8M0.03%+100,185New
Citadel Advisors LLC105,357$35.5M0.03%−12,713−10.8%Reduced
Copeland Capital Management, LLC105,402$35.5M0.66%−1,630−1.5%Reduced
UBS Group AG107,885$36.3M0.01%+90,121+507.3%Added
Arrowstreet Capital, Limited Partnership117,156$39.5M0.03%+90,466+339.0%Added
American Capital Management Inc128,692$43.3M1.61%−15,539−10.8%Reduced
SEI Investments Co136,939$46.1M0.06%+1,884+1.4%Added
Premier Fund Managers Ltd150,000$50.7M1.81%+150,000New
Balyasny Asset Management LLC168,026$56.6M0.13%+168,026New
Royce & Associates LP170,680$57.5M0.53%−20,610−10.8%Reduced
M&G Plc176,670$59.5M0.37%−6,138−3.4%Reduced
Renaissance Technologies LLC188,370$63.4M0.09%+4,900+2.7%Added
JPMorgan Chase & Co190,655$64.2M0.01%−11,485−5.7%Reduced
Invesco Ltd.194,182$65.4M0.01%+77,042+65.8%Added
Charles Schwab Investment Management Inc194,195$65.4M0.01%+2,430+1.3%Added
Northern Trust Corp230,149$77.5M0.01%+36,133+18.6%Added
Goldman Sachs Group Inc232,483$78.3M0.02%+16,828+7.8%Added
Allspring Global Investments Holdings, LLC272,951$90.7M0.15%−447−0.2%Reduced
Millennium Management LLC287,658$96.9M0.08%−207,448−41.9%Reduced
Bank of New York Mellon Corp288,031$97.0M0.02%+5,169+1.8%Added
Dimensional Fund Advisors LP305,014$102.7M0.02%+13,155+4.5%Added
Norges Bank331,673$111.7M0.01%+6,151+1.9%Added
Liontrust Investment Partners LLP333,631$112.4M1.63%−69,144−17.2%Reduced
FMR LLC399,585$134.6M0.01%−935−0.2%Reduced
Geode Capital Management, LLC561,431$189.1M0.01%+64,020+12.9%Added
Price T Rowe Associates Inc668,889$225.3M0.03%−16,303−2.4%Reduced
Wasatch Advisors Inc690,154$232.4M1.15%−5,869−0.8%Reduced
State Street Corp841,634$283.4M0.01%+37,341+4.6%Added
Kayne Anderson Rudnick Investment Management LLC975,193$328.4M0.76%−67,889−6.5%Reduced
Massachusetts Financial Services Co1,016,306$342.3M0.11%−185,402−15.4%Reduced
Wellington Management Group LLP1,080,599$363.9M0.07%+130,087+13.7%Added
Bank of America Corp1,303,330$438.9M0.04%−253,258−16.3%Reduced
Bamco Inc1,305,155$439.5M1.14%−4330.0%Reduced
Select Equity Group, L.P.1,374,435$462.9M1.89%−384,886−21.9%Reduced
Morgan Stanley2,056,910$692.7M0.05%−19,624−0.9%Reduced
BlackRock, Inc.2,667,753$898.4M0.02%+90,894+3.5%Added
Vanguard Group Inc2,803,611$944.1M0.02%+51,598+1.9%Added
Canada Pension Plan Investment Board0$00.00%−27,958−100.0%Sold out
Trexquant Investment LP0$00.00%−13,841−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−8,867−100.0%Sold out
Azzad Asset Management Inc0$00.00%−8,294−100.0%Sold out
Intech Investment Management LLC0$00.00%−7,773−100.0%Sold out
TrimTabs Asset Management, LLC0$00.00%−4,849−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−4,778−100.0%Sold out
Black Creek Investment Management Inc.0$00.00%−2,900−100.0%Sold out
Williams Jones Wealth Management, LLC.0$00.00%−2,600−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−2,317−100.0%Sold out
Virtu Financial LLC0$00.00%−1,771−100.0%Sold out
Susquehanna Portfolio Strategies, LLC0$00.00%−1,352−100.0%Sold out
Nebula Research & Development LLC0$00.00%−1,327−100.0%Sold out
Mercer Global Advisors Inc0$00.00%−1,273−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−1,247−100.0%Sold out
Heartland Bank & Trust Co0$00.00%−1,130−100.0%Sold out
Walleye Capital LLC0$00.00%−944−100.0%Sold out
Cannon Global Investment Management, LLC0$00.00%−900−100.0%Sold out
Summit Trail Advisors, LLC0$00.00%−810−100.0%Sold out
Marshall Wace, LLP0$00.00%−718−100.0%Sold out
Beach Investment Counsel Inc0$00.00%−400−100.0%Sold out
DT Investment Partners, LLC0$00.00%−120−100.0%Sold out
Elequin Capital LP0$00.00%−93−100.0%Sold out
Acadian Asset Management LLC0$00.00%−63−100.0%Sold out
Capital Performance Advisors LLP0$00.00%−9−100.0%Sold out
Reuter James Wealth Management, LLC0$00.00%−6−100.0%Sold out
Ashton Thomas Securities, LLC0$00.00%−4−100.0%Sold out
Claris Advisors, LLC0$00.00%−1−100.0%Sold out
Scout Investments, Inc.––––Not filed
B. Metzler seel. Sohn & Co. Holding AG––––Not filed
Raymond James & Associates––––Not filed
ClariVest Asset Management LLC––––Not filed
Raymond James Trust N.A.––––Not filed
Raymond James Financial Services Advisors, Inc.––––Not filed
FinTrust Capital Advisors, LLC––––Not filed
First Personal Financial Services––––Not filed