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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
GWM Advisors LLC77$23.2K0.00%00.0%Unchanged
Smartleaf Asset Management LLC78$23.1K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC77$22.9K0.01%+1+1.3%Added
Central Trust Co75$22.5K0.00%00.0%Unchanged
Skopos Labs, Inc.74$22.2K0.00%+44+146.7%Added
Capital Advisors, Ltd. LLC70$21.0K0.00%00.0%Unchanged
Centerpoint Advisors, LLC62$19.0K0.01%00.0%Unchanged
Jones Financial Companies LLLP61$18.1K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.57$17.1K0.00%+40+235.3%Added
Rise Advisors, LLC50$15.1K0.01%−26−34.2%Reduced
Financial Network Wealth Advisors LLC46$13.8K0.02%+41+820.0%Added
Wolff Wiese Magana LLC38$11.4K0.01%00.0%Unchanged
Binnacle Investments Inc38$11.4K0.01%+38New
IFP Advisors, Inc37$11.1K0.00%+9+32.1%Added
MJT & Associates Financial Advisory Group, Inc.34$10.2K0.01%+34New
Creative Financial Designs Inc33$9.90K0.00%−40−54.8%Reduced
Frazier Financial Advisors, LLC31$9.30K0.01%00.0%Unchanged
Graybill Bartz & Assoc Ltd30$9.00K0.00%+30New
Hemington Wealth Management27$8.00K0.00%+8+42.1%Added
JFS Wealth Advisors, LLC25$7.50K0.00%00.0%Unchanged
GW&K Investment Management, LLC25$7.00K0.00%+25New
Webster Bank, N. A.22$6.60K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC22$6.60K0.00%+2+10.0%Added
Northwestern Mutual Wealth Management Co21$6.30K0.00%−11−34.4%Reduced
Whipplewood Advisors, LLC23$5.40K0.00%+5+27.8%Added
Farmers & Merchants Investments Inc18$5.40K0.00%+10+125.0%Added
Mather Group, LLC.17$5.10K0.00%+17New
Atlantic Private Wealth, LLC16$4.80K0.00%00.0%Unchanged
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.15$4.50K0.00%00.0%Unchanged
TD Private Client Wealth LLC14$4.20K0.00%+6+75.0%Added
Asset Dedication, LLC13$3.90K0.00%00.0%Unchanged
Huntington National Bank12$3.60K0.00%−1−7.7%Reduced
Quest 10 Wealth Builders, Inc.11$3.30K0.00%+11New
Massmutual Trust Co FSB10$3.00K0.00%−12−54.5%Reduced
West Paces Advisors Inc.10$3.00K0.00%00.0%Unchanged
Tortoise Investment Management, LLC9$2.70K0.00%00.0%Unchanged
Sachetta, LLC9$2.70K0.00%00.0%Unchanged
First Command Advisory Services, Inc.9$2.70K0.00%+9New
AdvisorNet Financial, Inc8$2.40K0.00%+3+60.0%Added
Sofos Investments, Inc.8$2.40K0.00%+8New
Carolinas Wealth Consulting LLC7$2.25K0.00%00.0%Unchanged
DiNuzzo Private Wealth, Inc.7$2.10K0.00%00.0%Unchanged
Pineridge Advisors LLC7$2.10K0.00%+7New
Manchester Capital Management LLC6$1.80K0.00%+1+20.0%Added
Harbour Investments, Inc.6$1.80K0.00%00.0%Unchanged
Montag A & Associates Inc6$1.70K0.00%00.0%Unchanged
Activest Wealth Management5$1.60K0.00%+5Added
SJS Investment Consulting Inc.5$1.50K0.00%00.0%Unchanged
WealthCollab, LLC5$1.50K0.00%00.0%Unchanged
True Wealth Design, LLC5$1.50K0.00%+5New
Whittier Trust Co of Nevada Inc5$1.50K0.00%−59−92.2%Reduced
Hexagon Capital Partners LLC5$1.50K0.00%+2+66.7%Added
Transce3nd, LLC5$1.50K0.00%+5New
Global Financial Private Client, LLC4$1.20K0.00%+3+300.0%Added
South State Corp.3$9000.00%+3New
SBI Securities Co., Ltd.2$6000.00%−19−90.5%Reduced
ROSS\JOHNSON & Associates LLC2$6000.01%+2New
Principia Wealth Advisory, LLC2$5570.00%+2New
Parkside Financial Bank & Trust1$3000.00%00.0%Unchanged
Parkworth Wealth Management, Inc.1$3000.00%00.0%Unchanged
Bare Financial Services, Inc1$3000.00%+1New
Bay Harbor Wealth Management, LLC1$2990.00%+1New
Harvest Fund Management Co., Ltd1$00.00%−217−99.5%Reduced
Hantz Financial Services, Inc.1$00.00%+1New
Proequities, Inc.0$00.00%−125−100.0%Sold out
Waratah Capital Advisors Ltd.0$00.00%−10,896−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−10,188−100.0%Sold out
Fieldview Capital Management, LLC0$00.00%−5,117−100.0%Sold out
Cinctive Capital Management LP0$00.00%−4,313−100.0%Sold out
Nomura Holdings Inc0$00.00%−3,585−100.0%Sold out
First Hawaiian Bank0$00.00%−2,562−100.0%Sold out
Exchange Traded Concepts, LLC0$00.00%−2,453−100.0%Sold out
Omers Administration Corp0$00.00%−2,200−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−2,111−100.0%Sold out
Catalyst Funds Management Pty Ltd0$00.00%−1,625−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−1,468−100.0%Sold out
Envestnet Portfolio Solutions, Inc.0$00.00%−1,269−100.0%Sold out
Quadrature Capital Ltd0$00.00%−1,220−100.0%Sold out
RFG - Bristol Wealth Advisors, LLC0$00.00%−1,201−100.0%Sold out
Oppenheimer & Co Inc0$00.00%−1,073−100.0%Sold out
Invesco, LLC0$00.00%−888−100.0%Sold out
Stonegate Investment Group, LLC0$00.00%−788−100.0%Sold out
Spears Abacus Advisors LLC0$00.00%−782−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−765−100.0%Sold out
Profund Advisors LLC0$00.00%−670−100.0%Sold out
Meiji Yasuda Asset Management Co Ltd.0$00.00%−664−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−654−100.0%Sold out
Fonville Wealth Management LLC0$00.00%−646−100.0%Sold out
Cyndeo Wealth Partners, LLC0$00.00%−636−100.0%Sold out
Longboard Asset Management, LP0$00.00%−635−100.0%Sold out
Evergreen Capital Management LLC0$00.00%−634−100.0%Sold out
Rafferty Asset Management, LLC0$00.00%−617−100.0%Sold out
Willner & Heller, LLC0$00.00%−616−100.0%Sold out
Corton Capital Inc.0$00.00%−612−100.0%Sold out
Schechter Investment Advisors, LLC0$00.00%−612−100.0%Sold out
Roberts Glore & Co Inc0$00.00%−610−100.0%Sold out
Running Point Capital Advisors, LLC0$00.00%−600−100.0%Sold out
Mizuho Bank, Ltd.0$00.00%−280−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−163−100.0%Sold out
Venturi Wealth Management, LLC0$00.00%−122−100.0%Sold out