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 |
|---|---|---|---|---|---|
| Integrated Wealth Concepts LLC | 2,163 | $648.6K | 0.01% | +2,163 | New |
| Cetera Investment Advisers | 2,206 | $661.6K | 0.00% | +129+6.2% | Added |
| R Squared Ltd | 2,240 | $671.7K | 0.72% | +2,120+1,766.7% | Added |
| Dynamic Technology Lab Private Ltd | 2,360 | $708.0K | 0.10% | +500+26.9% | Added |
| Bryce Point Capital, LLC | 2,365 | $712.3K | 0.54% | −636−21.2% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 2,377 | $712.8K | 0.00% | +2,377 | New |
| Twinbeech Capital LP | 2,381 | $714.0K | 0.01% | +2,381 | New |
| Planning Alternatives Ltd | 2,407 | $721.8K | 0.11% | +153+6.8% | Added |
| SG Americas Securities, LLC | 2,458 | $737.0K | 0.00% | +1,819+284.7% | Added |
| Advisory Services Network, LLC | 2,468 | $740.1K | 0.01% | −365−12.9% | Reduced |
| Loomis Sayles & Co L P | 2,482 | $744.0K | 0.00% | −10.0% | Reduced |
| Ethic Inc. | 2,481 | $748.0K | 0.02% | −97−3.8% | Reduced |
| Creative Planning | 2,570 | $770.7K | 0.00% | −120−4.5% | Reduced |
| Covey Capital Advisors, LLC | 2,604 | $780.9K | 0.90% | −3−0.1% | Reduced |
| Gsa Capital Partners LLP | 2,669 | $800.0K | 0.07% | +2,669 | New |
| Fox Run Management, L.L.C. | 2,677 | $802.8K | 0.12% | −2,134−44.4% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 2,679 | $803.4K | 0.00% | +2,679 | New |
| HB Wealth Management, LLC | 2,733 | $819.5K | 0.01% | +2,733 | New |
| Entropy Technologies, LP | 2,757 | $826.7K | 0.08% | +500+22.2% | Added |
| Public Employees Retirement Association of Colorado | 2,787 | $836.0K | 0.00% | 00.0% | Unchanged |
| Precision Wealth Strategies, LLC | 2,792 | $837.3K | 0.64% | +228+8.9% | Added |
| Davy Global Fund Management Ltd | 2,849 | $854.3K | 0.10% | 00.0% | Unchanged |
| Legacy Advisors, LLC | 2,905 | $871.1K | 0.09% | −42−1.4% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 2,952 | $874.3K | 0.01% | +285+10.7% | Added |
| O'Shaughnessy Asset Management, LLC | 2,951 | $884.9K | 0.01% | −80−2.6% | Reduced |
| Atria Investments LLC | 2,957 | $886.6K | 0.01% | −297−9.1% | Reduced |
| Avantax Advisory Services, Inc. | 2,959 | $887.3K | 0.01% | +54+1.9% | Added |
| Bradley Foster & Sargent Inc | 3,021 | $905.9K | 0.02% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 3,064 | $918.8K | 0.09% | +2,945+2,474.8% | Added |
| Susquehanna International Group, LLP | 3,195 | $958.1K | 0.00% | −1,358−29.8% | Reduced |
| Diversify Wealth Management, LLC | 3,402 | $960.5K | 0.07% | +581+20.6% | Added |
| Janney Montgomery Scott LLC | 3,282 | $984.0K | 0.00% | −164−4.8% | Reduced |
| Campbell & CO Investment Adviser LLC | 3,325 | $997.1K | 0.08% | +3,325 | New |
| Advisor Group Holdings, Inc. | 3,363 | $1.01M | 0.00% | +37+1.1% | Added |
| Mackenzie Financial Corp | 3,372 | $1.01M | 0.00% | +656+24.2% | Added |
| Bessemer Group Inc | 3,483 | $1.04M | 0.00% | −169−4.6% | Reduced |
| Polen Capital Management LLC | 3,534 | $1.06M | 0.00% | −372−9.5% | Reduced |
| Simon Quick Advisors, LLC | 3,555 | $1.07M | 0.06% | +215+6.4% | Added |
| Centiva Capital, LP | 3,623 | $1.09M | 0.06% | +3,623 | New |
| Accretive Wealth Partners, LLC | 3,794 | $1.11M | 0.39% | +383+11.2% | Added |
| Gibbs Wealth Management | 3,728 | $1.12M | 0.27% | +666+21.8% | Added |
| Level Four Advisory Services, LLC | 3,781 | $1.13M | 0.05% | +76+2.1% | Added |
| Grandeur Peak Global Advisors, LLC | 3,815 | $1.14M | 0.13% | −2,684−41.3% | Reduced |
| Colony Group, LLC | 3,838 | $1.15M | 0.00% | +35+0.9% | Added |
| JustInvest LLC | 3,888 | $1.17M | 0.02% | +233+6.4% | Added |
| Atom Investors LP | 3,960 | $1.19M | 0.15% | +3,960 | New |
| Banco Bilbao Vizcaya Argentaria, S.A. | 4,043 | $1.20M | 0.01% | +1,806+80.7% | Added |
| Pictet Asset Management Holding SA | 4,076 | $1.22M | 0.00% | +216+5.6% | Added |
| Consolidated Press International Holdings Ltd | 4,100 | $1.23M | 0.22% | 00.0% | Unchanged |
| Gotham Asset Management, LLC | 4,104 | $1.23M | 0.01% | +1,509+58.2% | Added |
| Blair William & Co | 4,146 | $1.24M | 0.00% | +10.0% | Added |
| Martin Capital Advisors, LLP | 4,202 | $1.26M | 0.90% | −250−5.6% | Reduced |
| Johnson Investment Counsel Inc | 4,202 | $1.26M | 0.01% | −11−0.3% | Reduced |
| Truist Financial Corp | 4,317 | $1.29M | 0.00% | +33+0.8% | Added |
| Utah Retirement Systems | 4,420 | $1.33M | 0.02% | 00.0% | Unchanged |
| Ofi Invest Asset Management | 5,053 | $1.40M | 0.04% | −647−11.4% | Reduced |
| Alliance Wealth Advisors, LLC | 4,819 | $1.45M | 0.38% | +26+0.5% | Added |
| Bradyco, Inc. | 4,864 | $1.46M | 1.11% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 5,848 | $1.49M | 0.00% | +29+0.5% | Added |
| Portside Wealth Group, LLC | 4,998 | $1.50M | 0.24% | −197−3.8% | Reduced |
| Brevan Howard Capital Management LP | 5,066 | $1.52M | 0.04% | +5,066 | New |
| New Mexico Educational Retirement Board | 5,200 | $1.56M | 0.06% | 00.0% | Unchanged |
| Linden Thomas Advisory Services, LLC | 5,200 | $1.56M | 0.20% | +49+1.0% | Added |
| Ameritas Investment Partners, Inc. | 5,316 | $1.59M | 0.05% | −95−1.8% | Reduced |
| Bank of Montreal | 5,342 | $1.60M | 0.00% | −13−0.2% | Reduced |
| Ashford Capital Management Inc | 5,393 | $1.62M | 0.21% | −38−0.7% | Reduced |
| Cerity Partners LLC | 5,426 | $1.63M | 0.00% | +798+17.2% | Added |
| New Age Alpha Advisors, LLC | 5,471 | $1.64M | 0.07% | +5,471 | New |
| Oregon Public Employees Retirement Fund | 5,488 | $1.65M | 0.03% | 00.0% | Unchanged |
| MML Investors Services, LLC | 5,517 | $1.65M | 0.01% | +422+8.3% | Added |
| Xponance, Inc. | 5,543 | $1.66M | 0.02% | +112+2.1% | Added |
| KLP Kapitalforvaltning AS | 5,700 | $1.71M | 0.01% | +100+1.8% | Added |
| Lecap Asset Management Ltd | 5,782 | $1.73M | 0.40% | +5,782 | New |
| LPL Financial LLC | 5,836 | $1.75M | 0.00% | +744+14.6% | Added |
| Harbor Capital Advisors, Inc. | 5,864 | $1.76M | 0.08% | +238+4.2% | Added |
| Sepio Capital, LP | 5,865 | $1.76M | 0.14% | −72−1.2% | Reduced |
| New York State Teachers Retirement System | 5,900 | $1.77M | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Investment Management Company, LLC | 6,007 | $1.80M | 0.03% | +20.0% | Added |
| Graham Capital Management, L.P. | 6,223 | $1.87M | 0.06% | +4,449+250.8% | Added |
| Nebula Research & Development LLC | 6,282 | $1.88M | 0.17% | +6,282 | New |
| Oddo BHF Asset Management SAS | 6,300 | $1.89M | 0.08% | −57−0.9% | Reduced |
| Handelsbanken Fonder AB | 6,372 | $1.91M | 0.01% | 00.0% | Unchanged |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 6,458 | $1.94M | 0.01% | +491+8.2% | Added |
| State of Michigan Retirement System | 6,500 | $1.95M | 0.01% | +100+1.6% | Added |
| Quest Partners LLC | 6,510 | $1.95M | 0.21% | +5,531+565.0% | Added |
| XTX Topco Ltd | 6,558 | $1.97M | 0.10% | +5,798+762.9% | Added |
| Norden Group LLC | 6,837 | $2.05M | 0.24% | −1,708−20.0% | Reduced |
| Headlands Technologies LLC | 6,999 | $2.10M | 0.24% | +6,829+4,017.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 7,029 | $2.11M | 0.01% | +211+3.1% | Added |
| Empire Life Investments Inc. | 7,061 | $2.12M | 0.14% | +255+3.7% | Added |
| Danske Bank A/S | 7,093 | $2.13M | 0.01% | +385+5.7% | Added |
| Bright Rock Capital Management, LLC | 7,500 | $2.25M | 0.47% | 00.0% | Unchanged |
| Redmond Asset Management, LLC | 7,528 | $2.26M | 0.58% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 7,600 | $2.28M | 0.05% | +100+1.3% | Added |
| BNP Paribas Arbitrage, SA | 7,768 | $2.33M | 0.00% | +3,435+79.3% | Added |
| Teachers Retirement System of the State of Kentucky | 7,770 | $2.33M | 0.02% | 00.0% | Unchanged |
| US Bancorp | 7,914 | $2.37M | 0.00% | −1,684−17.5% | Reduced |
| Arizona State Retirement System | 7,980 | $2.39M | 0.02% | −90−1.1% | Reduced |
| Public Employees Retirement System of Ohio | 8,349 | $2.50M | 0.01% | −946−10.2% | Reduced |
| American Century Companies Inc | 8,372 | $2.51M | 0.00% | +261+3.2% | Added |