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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
M&T Bank Corp8,376$2.51M0.01%−796−8.7%Reduced
State of New Jersey Common Pension Fund D8,498$2.55M0.01%−1,579−15.7%Reduced
B. Metzler seel. Sohn & Co. AG8,517$2.55M0.03%−252−2.9%Reduced
Comerica Bank8,561$2.57M0.01%−351−3.9%Reduced
Pathstone Holdings, LLC8,602$2.58M0.01%+303+3.7%Added
Azzad Asset Management Inc8,688$2.61M0.31%+8,688New
State of Wisconsin Investment Board8,772$2.63M0.01%−375−4.1%Reduced
CI Private Wealth, LLC8,818$2.64M0.00%−937−9.6%Reduced
Globeflex Capital L P8,835$2.65M0.24%00.0%Unchanged
Ensign Peak Advisors, Inc9,013$2.70M0.01%−3,959−30.5%Reduced
Yousif Capital Management, LLC9,287$2.78M0.03%−200−2.1%Reduced
George Kaiser Family Foundation9,349$2.80M0.41%+1,656+21.5%Added
Baird Financial Group, Inc.9,503$2.85M0.01%+9,503New
OP Asset Management Ltd9,645$2.89M0.05%+9,645New
Vident Advisory, LLC9,660$2.90M0.04%+9,660New
Police & Firemen's Retirement System of New Jersey9,696$2.91M0.03%+86+0.9%Added
Ceera Investments, LLC9,786$2.93M1.01%00.0%Unchanged
Kensington Investment Counsel, LLC10,401$3.12M1.39%−281−2.6%Reduced
Lazard Asset Management LLC10,463$3.14M0.00%+8,773+519.1%Added
State of Tennessee, Treasury Department10,460$3.14M0.01%00.0%Unchanged
Commerce Bank10,771$3.23M0.02%+605+6.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.11,218$3.36M0.01%00.0%Unchanged
Southeast Asset Advisors Inc.11,218$3.36M0.41%−507−4.3%Reduced
Treasurer of the State of North Carolina12,209$3.66M0.01%+470+4.0%Added
Cardinal Capital Management12,335$3.70M0.57%+275+2.3%Added
Amalgamated Bank12,789$3.83M0.03%−439−3.3%Reduced
YHB Investment Advisors, Inc.12,884$3.86M0.32%+8+0.1%Added
Voya Investment Management LLC12,940$3.88M0.00%+1,081+9.1%Added
Schonfeld Strategic Advisors LLC12,986$3.89M0.03%+5,596+75.7%Added
Citigroup Inc13,108$3.93M0.00%+1,846+16.4%Added
Aquatic Capital Management LLC13,111$3.93M0.10%+10,432+389.4%Added
Congress Wealth Management LLC13,260$3.98M0.05%+3,250+32.5%Added
Daiwa Securities Group Inc.13,567$4.07M0.02%−950−6.5%Reduced
Mutual of America Capital Management LLC13,904$4.17M0.05%−367−2.6%Reduced
HSBC Holdings PLC14,042$4.18M0.00%+7,776+124.1%Added
New York State Common Retirement Fund13,975$4.19M0.01%00.0%Unchanged
Oppenheimer Asset Management Inc.14,061$4.22M0.05%+738+5.5%Added
Henshaw Capital LLC14,593$4.38M0.19%+1,106+8.2%Added
Neuberger Berman Group LLC15,037$4.51M0.00%−42−0.3%Reduced
National Bank of Canada15,120$4.53M0.01%−13,001−46.2%Reduced
Stifel Financial Corp15,217$4.56M0.00%−3,416−18.3%Reduced
State of Alaska, Department of Revenue15,237$4.57M0.05%+80+0.5%Added
Motley Fool Asset Management LLC15,310$4.59M0.26%−486−3.1%Reduced
Magnetar Financial LLC15,496$4.65M0.06%+12,698+453.8%Added
Point72 Hong Kong Ltd15,543$4.66M0.33%+14,896+2,302.3%Added
HighTower Advisors, LLC15,545$4.66M0.01%−523−3.3%Reduced
Trexquant Investment LP15,879$4.76M0.06%+15,879New
Healthcare of Ontario Pension Plan Trust Fund15,900$4.77M0.01%−12,006−43.0%Reduced
MetLife Investment Management16,159$4.85M0.03%−242−1.5%Reduced
Verition Fund Management LLC16,693$5.01M0.03%+14,747+757.8%Added
Jump Financial, LLC17,070$5.12M0.08%+14,784+646.7%Added
HRT Financial LP17,154$5.14M0.03%+14,719+604.5%Added
Victory Capital Management Inc17,302$5.19M0.01%+676+4.1%Added
Thrivent Financial for Lutherans17,215$5.19M0.01%+2,400+16.2%Added
Fisher Asset Management, LLC17,539$5.26M0.00%−4,462−20.3%Reduced
MUFG Securities EMEA plc18,000$5.40M0.14%−6,999−28.0%Reduced
Barclays PLC18,148$5.44M0.00%−3,321−15.5%Reduced
ExodusPoint Capital Management, LP18,569$5.57M0.07%+18,569New
Russell Investments Group, Ltd.18,908$5.67M0.01%+3,302+21.2%Added
Capitolis Liquid Global Markets LLC19,000$5.70M0.05%00.0%Unchanged
Engineers Gate Manager LP19,058$5.71M0.10%+16,949+803.7%Added
Man Group plc19,280$5.78M0.02%+2,662+16.0%Added
Canada Pension Plan Investment Board19,400$5.82M0.01%+19,400New
Prudential Financial Inc19,719$5.91M0.01%+2,366+13.6%Added
SW Investment Management LLC20,000$6.00M1.88%00.0%Unchanged
Jane Street Group, LLC20,603$6.18M0.01%+19,292+1,471.5%Added
Voleon Capital Management LP20,930$6.28M0.49%−985−4.5%Reduced
Quantinno Capital Management LP21,023$6.30M0.04%+14,099+203.6%Added
Great West Life Assurance Co21,219$6.37M0.01%−1,770−7.7%Reduced
Holocene Advisors, LP21,284$6.38M0.02%+8,055+60.9%Added
Janus Henderson Group PLC21,770$6.44M0.00%+9,227+73.6%Added
Motley Fool Wealth Management, LLC21,783$6.53M0.39%−1,948−8.2%Reduced
Manufacturers Life Insurance Company, The21,809$6.54M0.01%−683−3.0%Reduced
Pinebridge Investments, L.P.22,054$6.61M0.05%−1,826−7.6%Reduced
Tudor Investment Corp Et Al23,271$6.98M0.06%+23,271New
Cooper Investors Pty Ltd24,387$7.31M1.19%+3,114+14.6%Added
State Board of Administration of Florida Retirement System24,853$7.45M0.01%00.0%Unchanged
Kornitzer Capital Management Inc25,304$7.59M0.16%−530−2.1%Reduced
United Capital Financial Advisers, LLC25,396$7.62M0.07%+12,477+96.6%Added
Quantbot Technologies LP25,473$7.64M0.24%+19,982+363.9%Added
California State Teachers Retirement System25,686$7.70M0.01%−284−1.1%Reduced
Marks Group Wealth Management, Inc25,821$7.74M0.75%+560+2.2%Added
Asset Management One Co.,Ltd.26,113$7.78M0.03%−5,022−16.1%Reduced
Teacher Retirement System of Texas26,888$8.06M0.03%−5,863−17.9%Reduced
Corebridge Financial, Inc.30,134$9.04M0.05%−741−2.4%Reduced
Natixis30,881$9.17M0.05%+14,979+94.2%Added
Ameriprise Financial Inc30,603$9.18M0.00%−471−1.5%Reduced
Alliancebernstein L.P.32,031$9.61M0.00%−2,697−7.8%Reduced
Retirement Systems of Alabama32,883$9.86M0.04%+32+0.1%Added
Barlow Wealth Partners, Inc.36,722$10.3M1.35%+760+2.1%Added
Tribune Investment Group LP36,000$10.8M6.19%+20,000+125.0%Added
AQR Capital Management LLC37,163$10.9M0.01%+24,063+183.7%Added
Royal Bank of Canada37,089$11.1M0.00%+19,155+106.8%Added
Algert Global LLC38,156$11.4M0.28%+1,070+2.9%Added
Segall Bryant & Hamill, LLC38,216$11.5M0.18%+1,384+3.8%Added
Sone Capital Management, LLC38,549$11.6M1.19%+38,549New
D. E. Shaw & Co., Inc.40,028$12.0M0.01%+37,547+1,513.4%Added
Ci Investments Inc.40,407$12.1M0.05%+1,687+4.4%Added
TownSquare Capital, LLC40,782$12.2M0.13%−1,293−3.1%Reduced
Balyasny Asset Management LLC41,333$12.4M0.03%−126,693−75.4%Reduced