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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 420 | $3.79B |
| Q1 2026 | 447 | $3.99B |
| Q4 2025 | 475 | $5.27B |
| Q3 2025 | 452 | $5.78B |
| Q2 2025 | 481 | $8.05B |
| Q1 2025 | 464 | $7.57B |
| Q4 2024 | 451 | $8.67B |
| Q3 2024 | 412 | $8.25B |
| Q2 2024 | 393 | $7.63B |
| Q1 2024 | 385 | $7.92B |
| Q4 2023 | 353 | $7.22B |
| Q3 2023 | 325 | $6.17B |
| Q2 2023 | 294 | $4.79B |
| Q1 2023 | 302 | $4.85B |
| Q4 2022 | 318 | $5.14B |
| Q3 2022 | 311 | $4.99B |
| Q2 2022 | 325 | $5.67B |
| Q1 2022 | 336 | $6.41B |
| Q4 2021 | 341 | $7.92B |
| Q3 2021 | 318 | $5.83B |
| Q2 2021 | 295 | $5.62B |
| Q1 2021 | 309 | $4.83B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Johnson Financial Group, Inc. | 412 | $123.5K | 0.01% | +197+91.6% | Added |
| GAMMA Investing LLC | 481 | $144.2K | 0.01% | +14+3.0% | Added |
| Covestor Ltd | 486 | $146.0K | 0.10% | +70+16.8% | Added |
| Umb Bank N A | 516 | $154.7K | 0.00% | +49+10.5% | Added |
| North Star Investment Management Corp. | 517 | $155.0K | 0.01% | 00.0% | Unchanged |
| Point72 Asia (Singapore) Pte. Ltd. | 556 | $166.7K | 0.04% | +556 | New |
| HM Payson & Co | 600 | $179.9K | 0.00% | 00.0% | Unchanged |
| Brown Miller Wealth Management, LLC | 669 | $200.5K | 0.07% | +669 | New |
| Bank of Stockton | 674 | $202.1K | 0.06% | −86−11.3% | Reduced |
| GK Wealth Management LLC | 678 | $203.2K | 0.25% | +5+0.7% | Added |
| Glenview Trust Co | 683 | $204.8K | 0.00% | +9+1.3% | Added |
| Kestra Private Wealth Services, LLC | 689 | $206.6K | 0.00% | −489−41.5% | Reduced |
| Forum Financial Management, LP | 689 | $206.6K | 0.00% | +27+4.1% | Added |
| Amundi | 713 | $207.4K | 0.00% | −15−2.1% | Reduced |
| Claret Asset Management Corp | 693 | $208.0K | 0.03% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 698 | $208.5K | 0.00% | +698 | New |
| Baker Tilly Wealth Management, LLC | 698 | $209.3K | 0.08% | +2+0.3% | Added |
| Everence Capital Management Inc | 700 | $210.0K | 0.01% | 00.0% | Unchanged |
| Aspen Grove Capital, LLC | 762 | $228.5K | 0.04% | +762 | New |
| HBK Sorce Advisory LLC | 765 | $229.4K | 0.01% | −4−0.5% | Reduced |
| Fifth Third Wealth Advisors LLC | 774 | $232.1K | 0.01% | +2+0.3% | Added |
| Atomi Financial Group, Inc. | 777 | $233.0K | 0.01% | +48+6.6% | Added |
| Associated Banc-Corp | 782 | $234.5K | 0.01% | +7+0.9% | Added |
| Genesis Private Wealth, LLC | 788 | $236.3K | 0.13% | +18+2.3% | Added |
| Principal Securities, Inc. | 705 | $237.4K | 0.01% | 00.0% | Unchanged |
| Shell Asset Management Co | 803 | $241.0K | 0.01% | −34−4.1% | Reduced |
| Keybank National Association | 810 | $242.9K | 0.00% | +185+29.6% | Added |
| Versant Capital Management, Inc | 811 | $243.2K | 0.04% | +526+184.6% | Added |
| Hennion & Walsh Asset Management, Inc. | 821 | $246.2K | 0.01% | +821 | New |
| Bryn Mawr Trust Co | 835 | $250.4K | 0.00% | +474+131.3% | Added |
| Bayforest Capital Ltd | 855 | $256.4K | 0.11% | +140+19.6% | Added |
| Callan Family Office, LLC | 864 | $259.1K | 0.02% | +82+10.5% | Added |
| Tower Research Capital LLC (TRC) | 906 | $271.7K | 0.01% | −671−42.5% | Reduced |
| Landscape Capital Management, L.L.C. | 923 | $276.8K | 0.02% | +923 | New |
| Angeles Wealth Management, LLC | 926 | $277.7K | 0.02% | +1+0.1% | Added |
| Axq Capital, LP | 929 | $278.6K | 0.11% | +929 | New |
| CAPROCK Group, Inc. | 947 | $284.0K | 0.01% | +947 | New |
| Mechanics Bank Trust Department | 955 | $286.4K | 0.04% | −97−9.2% | Reduced |
| denkapparat Operations GmbH | 966 | $289.7K | 0.31% | +966 | New |
| Shelton Capital Management | 970 | $290.9K | 0.01% | −68−6.6% | Reduced |
| Quadrant Capital Group LLC | 1,039 | $311.6K | 0.01% | +409+64.9% | Added |
| QRG Capital Management, Inc. | 1,049 | $314.6K | 0.00% | +159+17.9% | Added |
| KBC Group NV | 1,064 | $319.0K | 0.00% | −61−5.4% | Reduced |
| Fiduciary Trust Co | 1,084 | $325.1K | 0.00% | +4+0.4% | Added |
| Leonteq Securities AG | 1,113 | $333.9K | 0.03% | +157+16.4% | Added |
| Cottonwood Capital Advisors, LLC | 1,135 | $340.4K | 0.25% | 00.0% | Unchanged |
| Capital Investment Counsel, Inc | 1,150 | $344.9K | 0.05% | 00.0% | Unchanged |
| ProShare Advisors LLC | 1,151 | $345.2K | 0.00% | −112−8.9% | Reduced |
| 111 Capital | 1,158 | $347.2K | 0.07% | +1,158 | New |
| Institute for Wealth Management, LLC. | 1,171 | $351.4K | 0.05% | +1,171 | New |
| Sanctuary Advisors, LLC | 1,178 | $353.1K | 0.00% | −76−6.1% | Reduced |
| Parallel Advisors, LLC | 1,181 | $354.1K | 0.01% | −56−4.5% | Reduced |
| Oak Thistle LLC | 1,202 | $360.4K | 0.07% | −3,074−71.9% | Reduced |
| Toroso Investments, LLC | 1,205 | $361.3K | 0.00% | −490−28.9% | Reduced |
| Wallace Advisory Group, LLC | 1,080 | $363.7K | 0.25% | +19+1.8% | Added |
| Crossmark Global Holdings, Inc. | 1,215 | $364.3K | 0.01% | −414−25.4% | Reduced |
| Voloridge Investment Management, LLC | 1,241 | $372.1K | 0.00% | +1,241 | New |
| Maryland State Retirement & Pension System | 1,247 | $373.9K | 0.01% | −278−18.2% | Reduced |
| CWM, LLC | 1,249 | $375.0K | 0.00% | +111+9.8% | Added |
| Diversify Advisory Services, LLC | 1,331 | $375.7K | 0.02% | +259+24.2% | Added |
| Alberta Investment Management Corp | 1,256 | $376.6K | 0.00% | 00.0% | Unchanged |
| Pacer Advisors, Inc. | 1,260 | $377.8K | 0.00% | −3,691−74.6% | Reduced |
| Ballentine Partners, LLC | 1,290 | $386.8K | 0.01% | +42+3.4% | Added |
| Andina Capital Management, LLC | 1,295 | $388.3K | 0.28% | +1,295 | New |
| Machina Capital S.A.S. | 1,301 | $390.1K | 0.12% | +484+59.2% | Added |
| CIBC Asset Management Inc | 1,355 | $406.3K | 0.00% | +28+2.1% | Added |
| Smith Group Asset Management, LLC | 1,450 | $434.8K | 0.03% | +60+4.3% | Added |
| Connable Office Inc | 1,470 | $440.8K | 0.05% | 00.0% | Unchanged |
| Cadent Capital Advisors, LLC | 1,489 | $446.5K | 0.17% | +93+6.7% | Added |
| Dempze Nancy E | 1,494 | $448.0K | 0.27% | 00.0% | Unchanged |
| Welch & Forbes LLC | 1,509 | $452.5K | 0.01% | −100−6.2% | Reduced |
| AdvisorShares Investments LLC | 1,510 | $455.3K | 0.09% | +1,510 | New |
| Naviter Wealth, LLC | 1,540 | $456.0K | 0.06% | 00.0% | Unchanged |
| Dundas Partners LLP | 1,522 | $456.4K | 0.03% | 00.0% | Unchanged |
| Franklin Resources Inc | 1,529 | $458.5K | 0.00% | +46+3.1% | Added |
| Mariner, LLC | 1,540 | $461.9K | 0.00% | −165−9.7% | Reduced |
| Petrus Trust Company, LTA | 1,542 | $462.4K | 0.04% | +545+54.7% | Added |
| Dearborn Partners LLC | 1,546 | $463.6K | 0.02% | +216+16.2% | Added |
| Cresset Asset Management, LLC | 1,546 | $463.7K | 0.00% | +93+6.4% | Added |
| Great Valley Advisor Group, Inc. | 1,559 | $467.6K | 0.01% | 00.0% | Unchanged |
| Seeds Investor LLC | 1,620 | $485.8K | 0.14% | −642−28.4% | Reduced |
| Park Avenue Securities LLC | 1,629 | $489.0K | 0.01% | +165+11.3% | Added |
| AE Wealth Management LLC | 1,720 | $515.8K | 0.00% | +1,720 | New |
| United Services Automobile Association | 1,765 | $522.6K | 0.02% | +1,765 | New |
| Y-Intercept (Hong Kong) Ltd | 1,748 | $524.2K | 0.04% | +1,748 | New |
| Jefferies Financial Group Inc. | 1,783 | $534.7K | 0.01% | +1,783 | New |
| The PNC Financial Services Group, Inc. | 1,791 | $537.1K | 0.00% | −124−6.5% | Reduced |
| Procyon Private Wealth Partners, LLC | 1,801 | $540.1K | 0.03% | −150−7.7% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 1,802 | $540.3K | 0.00% | +159+9.7% | Added |
| Spectrum Asset Management, Inc. (NB/CA) | 1,810 | $542.6K | 0.24% | +3+0.2% | Added |
| Equitable Trust Co | 1,871 | $561.1K | 0.03% | 00.0% | Unchanged |
| Jain Global LLC | 1,916 | $574.6K | 0.01% | +1,916 | New |
| Deutsche Bank AG | 1,923 | $576.6K | 0.00% | +125+7.0% | Added |
| Benjamin Edwards Inc | 2,009 | $602.7K | 0.01% | +309+18.2% | Added |
| Commonwealth Equity Services, LLC | 2,012 | $603.0K | 0.00% | +191+10.5% | Added |
| Securian Asset Management, Inc | 2,080 | $623.7K | 0.02% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 2,085 | $625.2K | 0.01% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 2,109 | $632.5K | 0.02% | +2,109 | New |
| Federated Hermes, Inc. | 2,115 | $634.2K | 0.00% | −99−4.5% | Reduced |
| Gateway Investment Advisers LLC | 2,128 | $638.1K | 0.01% | 00.0% | Unchanged |