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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, Q1 2025

Institutional positions in Morningstar, Inc. as of Mar 31, 2025. 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
464
+18 vs. Q4 2024
Shares held
25.3M
−331.7K (−1.3%) vs. Q4 2024
Total value
$7.57B
−$1.04B (−12.1%) vs. Q4 2024
New holders
66
192 more added
Sold out
48
132 more reduced

5 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 464 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 heldQ1 2025: $7.57B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q4 2024.

Institutions holding MORN in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.2,704,022$810.9M0.02%+36,269+1.4%Added
Vanguard Group Inc2,660,458$797.8M0.01%−143,153−5.1%Reduced
Morgan Stanley2,101,105$630.1M0.05%+44,195+2.1%Added
Bamco Inc1,299,508$389.7M1.14%−5,647−0.4%Reduced
Select Equity Group, L.P.1,172,567$351.6M1.57%−201,868−14.7%Reduced
Wellington Management Group LLP1,079,805$323.8M0.06%−794−0.1%Reduced
Bank of America Corp916,435$274.8M0.02%−386,895−29.7%Reduced
Kayne Anderson Rudnick Investment Management LLC910,156$272.9M0.67%−65,037−6.7%Reduced
Massachusetts Financial Services Co862,259$258.6M0.09%−154,047−15.2%Reduced
State Street Corp850,005$254.9M0.01%+8,371+1.0%Added
Wasatch Advisors Inc664,245$199.2M1.11%−25,909−3.8%Reduced
Geode Capital Management, LLC615,533$184.6M0.01%+54,102+9.6%Added
Millennium Management LLC540,795$162.2M0.16%+253,137+88.0%Added
FMR LLC419,980$125.9M0.01%+20,395+5.1%Added
Norges Bank331,673$99.5M0.01%00.0%Unchanged
Liontrust Investment Partners LLP322,920$96.8M1.51%−10,711−3.2%Reduced
Dimensional Fund Advisors LP317,127$95.1M0.02%+12,113+4.0%Added
Bank of New York Mellon Corp270,177$81.0M0.02%−17,854−6.2%Reduced
Allspring Global Investments Holdings, LLC255,057$76.9M0.13%−17,894−6.6%Reduced
Renaissance Technologies LLC235,270$70.6M0.11%+46,900+24.9%Added
Northern Trust Corp217,616$65.3M0.01%−12,533−5.4%Reduced
JPMorgan Chase & Co200,763$60.2M0.00%+10,108+5.3%Added
Charles Schwab Investment Management Inc196,465$58.9M0.01%+2,270+1.2%Added
M&G Plc168,677$50.6M0.24%−7,993−4.5%Reduced
Premier Fund Managers Ltd170,068$50.3M1.88%+20,068+13.4%Added
Arrowstreet Capital, Limited Partnership162,936$48.9M0.04%+45,780+39.1%Added
SEI Investments Co139,069$41.7M0.05%+2,130+1.6%Added
Goldman Sachs Group Inc137,920$41.4M0.01%−94,563−40.7%Reduced
Royce & Associates LP137,533$41.2M0.45%−33,147−19.4%Reduced
American Capital Management Inc128,075$38.4M1.56%−617−0.5%Reduced
Nuveen, LLC127,617$38.3M0.01%+127,617New
Two Sigma Investments, LP113,152$33.9M0.07%+76,915+212.3%Added
UBS Asset Management Americas Inc109,257$32.8M0.01%+10,920+11.1%Added
Schroder Investment Management Group110,570$32.7M0.03%+10,385+10.4%Added
Citadel Advisors LLC107,782$32.3M0.03%+2,425+2.3%Added
Envestnet Asset Management Inc106,294$31.9M0.01%+12,159+12.9%Added
UBS Group AG105,250$31.6M0.01%−2,635−2.4%Reduced
Copeland Capital Management, LLC103,384$31.0M0.62%−2,018−1.9%Reduced
Praesidium Investment Management Company, LLC101,472$30.4M5.69%+11,414+12.7%Added
Two Sigma Advisers, LP91,700$27.5M0.06%+71,100+345.1%Added
Qube Research & Technologies Ltd87,483$26.2M0.04%+45,483+108.3%Added
Wells Fargo & Company84,538$25.4M0.01%−2,470−2.8%Reduced
DF Dent & Co Inc82,963$24.9M0.33%−2,715−3.2%Reduced
Invesco Ltd.76,646$23.0M0.00%−117,536−60.5%Reduced
Principal Financial Group Inc76,327$22.9M0.01%−2,312−2.9%Reduced
Rhumbline Advisers76,177$22.8M0.02%−965−1.3%Reduced
Captrust Financial Advisors73,612$22.1M0.06%+64,586+715.6%Added
First Trust Advisors LP69,456$20.8M0.02%+39,570+132.4%Added
Squarepoint Ops LLC64,031$19.2M0.05%+53,328+498.3%Added
Confluence Investment Management LLC62,103$18.6M0.27%−1,290−2.0%Reduced
Point72 Asset Management, L.P.60,649$18.2M0.05%+60,649New
Raymond James Financial Inc58,983$17.7M0.01%+9,997+20.4%Added
Nordea Investment Management AB58,426$17.3M0.02%+921+1.6%Added
Chicago Capital, LLC56,795$17.0M0.48%−892−1.5%Reduced
Panagora Asset Management Inc56,692$17.0M0.08%+55,574+4,970.8%Added
Nicholas Company, Inc.56,585$17.0M0.29%−45−0.1%Reduced
Congress Asset Management Co56,216$16.9M0.13%+7,173+14.6%Added
Parnassus Investments54,242$16.3M0.04%−15,869−22.6%Reduced
Swiss National Bank54,000$16.2M0.01%−800−1.5%Reduced
Legal & General Group Plc47,689$14.3M0.00%+1,444+3.1%Added
Price T Rowe Associates Inc47,480$14.2M0.00%−621,409−92.9%Reduced
California Public Employees Retirement System45,086$13.5M0.01%+257+0.6%Added
Cubist Systematic Strategies, LLC45,055$13.5M0.18%+39,344+688.9%Added
Bank of Nova Scotia44,500$13.3M0.03%+25,500+134.2%Added
Balyasny Asset Management LLC41,333$12.4M0.03%−126,693−75.4%Reduced
TownSquare Capital, LLC40,782$12.2M0.13%−1,293−3.1%Reduced
Ci Investments Inc.40,407$12.1M0.05%+1,687+4.4%Added
D. E. Shaw & Co., Inc.40,028$12.0M0.01%+37,547+1,513.4%Added
Sone Capital Management, LLC38,549$11.6M1.19%+38,549New
Segall Bryant & Hamill, LLC38,216$11.5M0.18%+1,384+3.8%Added
Algert Global LLC38,156$11.4M0.28%+1,070+2.9%Added
Royal Bank of Canada37,089$11.1M0.00%+19,155+106.8%Added
AQR Capital Management LLC37,163$10.9M0.01%+24,063+183.7%Added
Tribune Investment Group LP36,000$10.8M6.19%+20,000+125.0%Added
Barlow Wealth Partners, Inc.36,722$10.3M1.35%+760+2.1%Added
Retirement Systems of Alabama32,883$9.86M0.04%+32+0.1%Added
Alliancebernstein L.P.32,031$9.61M0.00%−2,697−7.8%Reduced
Ameriprise Financial Inc30,603$9.18M0.00%−471−1.5%Reduced
Natixis30,881$9.17M0.05%+14,979+94.2%Added
Corebridge Financial, Inc.30,134$9.04M0.05%−741−2.4%Reduced
Teacher Retirement System of Texas26,888$8.06M0.03%−5,863−17.9%Reduced
Asset Management One Co.,Ltd.26,113$7.78M0.03%−5,022−16.1%Reduced
Marks Group Wealth Management, Inc25,821$7.74M0.75%+560+2.2%Added
California State Teachers Retirement System25,686$7.70M0.01%−284−1.1%Reduced
Quantbot Technologies LP25,473$7.64M0.24%+19,982+363.9%Added
United Capital Financial Advisers, LLC25,396$7.62M0.07%+12,477+96.6%Added
Kornitzer Capital Management Inc25,304$7.59M0.16%−530−2.1%Reduced
State Board of Administration of Florida Retirement System24,853$7.45M0.01%00.0%Unchanged
Cooper Investors Pty Ltd24,387$7.31M1.19%+3,114+14.6%Added
Tudor Investment Corp Et Al23,271$6.98M0.06%+23,271New
Pinebridge Investments, L.P.22,054$6.61M0.05%−1,826−7.6%Reduced
Manufacturers Life Insurance Company, The21,809$6.54M0.01%−683−3.0%Reduced
Motley Fool Wealth Management, LLC21,783$6.53M0.39%−1,948−8.2%Reduced
Janus Henderson Group PLC21,770$6.44M0.00%+9,227+73.6%Added
Holocene Advisors, LP21,284$6.38M0.02%+8,055+60.9%Added
Great West Life Assurance Co21,219$6.37M0.01%−1,770−7.7%Reduced
Quantinno Capital Management LP21,023$6.30M0.04%+14,099+203.6%Added
Voleon Capital Management LP20,930$6.28M0.49%−985−4.5%Reduced
Jane Street Group, LLC20,603$6.18M0.01%+19,292+1,471.5%Added
SW Investment Management LLC20,000$6.00M1.88%00.0%Unchanged