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, Q2 2025
Institutional positions in Morningstar, Inc. as of Jun 30, 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
- 481
- +20 vs. Q1 2025
- Shares held
- 25.7M
- +399.7K (+1.6%) vs. Q1 2025
- Total value
- $8.05B
- +$481.0M (+6.4%) vs. Q1 2025
- New holders
- 69
- 182 more added
- Sold out
- 49
- 159 more reduced
3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 2,633,801 | $826.8M | 0.01% | −26,657−1.0% | Reduced |
| BlackRock, Inc. | 2,519,517 | $791.0M | 0.02% | −184,505−6.8% | Reduced |
| Morgan Stanley | 2,072,978 | $650.8M | 0.04% | −28,127−1.3% | Reduced |
| Bamco Inc | 1,295,326 | $406.6M | 1.10% | −4,182−0.3% | Reduced |
| Select Equity Group, L.P. | 1,113,301 | $349.5M | 1.49% | −59,266−5.1% | Reduced |
| Bank of America Corp | 912,053 | $286.3M | 0.02% | −4,382−0.5% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 848,569 | $266.4M | 0.64% | −61,587−6.8% | Reduced |
| Millennium Management LLC | 811,158 | $254.6M | 0.23% | +270,363+50.0% | Added |
| State Street Corp | 784,175 | $246.2M | 0.01% | −65,830−7.7% | Reduced |
| Wellington Management Group LLP | 780,841 | $245.1M | 0.04% | −298,964−27.7% | Reduced |
| Wasatch Advisors Inc | 644,799 | $202.4M | 1.06% | −19,446−2.9% | Reduced |
| Massachusetts Financial Services Co | 640,132 | $201.0M | 0.06% | −222,127−25.8% | Reduced |
| Geode Capital Management, LLC | 626,941 | $196.8M | 0.01% | +11,408+1.9% | Added |
| Liontrust Investment Partners LLP | 391,816 | $123.0M | 1.76% | +68,896+21.3% | Added |
| Goldman Sachs Group Inc | 377,483 | $118.5M | 0.02% | +239,563+173.7% | Added |
| Dimensional Fund Advisors LP | 331,631 | $104.1M | 0.02% | +14,504+4.6% | Added |
| Norges Bank | 296,958 | $93.2M | 0.01% | −34,715−10.5% | Reduced |
| AQR Capital Management LLC | 293,969 | $92.3M | 0.08% | +256,806+691.0% | Added |
| Invesco Ltd. | 280,923 | $88.2M | 0.01% | +204,277+266.5% | Added |
| FMR LLC | 273,755 | $85.9M | 0.00% | −146,225−34.8% | Reduced |
| Renaissance Technologies LLC | 265,170 | $83.2M | 0.11% | +29,900+12.7% | Added |
| JPMorgan Chase & Co | 236,324 | $74.2M | 0.01% | +35,561+17.7% | Added |
| Allspring Global Investments Holdings, LLC | 212,169 | $66.2M | 0.11% | −42,888−16.8% | Reduced |
| Northern Trust Corp | 208,381 | $65.4M | 0.01% | −9,235−4.2% | Reduced |
| Premier Fund Managers Ltd | 200,807 | $62.9M | 2.29% | +30,739+18.1% | Added |
| Bank of New York Mellon Corp | 198,589 | $62.3M | 0.01% | −71,588−26.5% | Reduced |
| Arrowstreet Capital, Limited Partnership | 193,612 | $60.8M | 0.04% | +30,676+18.8% | Added |
| Charles Schwab Investment Management Inc | 193,541 | $60.8M | 0.01% | −2,924−1.5% | Reduced |
| Schroder Investment Management Group | 166,898 | $52.2M | 0.04% | +56,328+50.9% | Added |
| M&G Plc | 163,887 | $51.5M | 0.28% | −4,790−2.8% | Reduced |
| Amundi | 162,681 | $50.5M | 0.02% | +161,968+22,716.4% | Added |
| Two Sigma Investments, LP | 160,668 | $50.4M | 0.09% | +47,516+42.0% | Added |
| Two Sigma Advisers, LP | 142,200 | $44.6M | 0.09% | +50,500+55.1% | Added |
| SEI Investments Co | 140,323 | $44.1M | 0.05% | +1,254+0.9% | Added |
| Qube Research & Technologies Ltd | 138,932 | $43.6M | 0.06% | +51,449+58.8% | Added |
| UBS Asset Management Americas Inc | 131,338 | $41.2M | 0.01% | +22,081+20.2% | Added |
| Royce & Associates LP | 129,217 | $40.6M | 0.42% | −8,316−6.0% | Reduced |
| Point72 Asset Management, L.P. | 123,200 | $38.7M | 0.09% | +62,551+103.1% | Added |
| Nuveen, LLC | 108,844 | $34.2M | 0.01% | −18,773−14.7% | Reduced |
| Assenagon Asset Management S.A. | 105,430 | $33.1M | 0.05% | +105,430 | New |
| Envestnet Asset Management Inc | 104,139 | $32.7M | 0.01% | −2,155−2.0% | Reduced |
| Royal Bank of Canada | 103,916 | $32.6M | 0.01% | +66,827+180.2% | Added |
| American Capital Management Inc | 97,479 | $30.6M | 1.27% | −30,596−23.9% | Reduced |
| Copeland Capital Management, LLC | 92,614 | $29.1M | 0.60% | −10,770−10.4% | Reduced |
| DF Dent & Co Inc | 87,012 | $27.3M | 0.35% | +4,049+4.9% | Added |
| Wells Fargo & Company | 85,849 | $27.0M | 0.01% | +1,311+1.6% | Added |
| Captrust Financial Advisors | 75,647 | $23.7M | 0.05% | +2,035+2.8% | Added |
| Rhumbline Advisers | 71,584 | $22.5M | 0.02% | −4,593−6.0% | Reduced |
| Principal Financial Group Inc | 69,046 | $21.7M | 0.01% | −7,281−9.5% | Reduced |
| Raymond James Financial Inc | 61,286 | $19.2M | 0.01% | +2,303+3.9% | Added |
| Confluence Investment Management LLC | 60,980 | $19.1M | 0.27% | −1,123−1.8% | Reduced |
| Congress Asset Management Co | 60,411 | $19.0M | 0.13% | +4,195+7.5% | Added |
| Nordea Investment Management AB | 60,181 | $18.8M | 0.02% | +1,755+3.0% | Added |
| Panagora Asset Management Inc | 58,661 | $18.4M | 0.08% | +1,969+3.5% | Added |
| UBS Group AG | 57,707 | $18.1M | 0.00% | −47,543−45.2% | Reduced |
| Nicholas Company, Inc. | 56,565 | $17.8M | 0.30% | −200.0% | Reduced |
| Chicago Capital, LLC | 56,415 | $17.7M | 0.44% | −380−0.7% | Reduced |
| Swiss National Bank | 53,100 | $16.7M | 0.01% | −900−1.7% | Reduced |
| Bank of Montreal | 52,342 | $16.4M | 0.01% | +47,000+879.8% | Added |
| Toronto Dominion Bank | 50,640 | $15.9M | 0.03% | +50,640 | New |
| Legal & General Group Plc | 49,501 | $15.5M | 0.00% | +1,812+3.8% | Added |
| Lazard Asset Management LLC | 48,952 | $15.4M | 0.02% | +38,489+367.9% | Added |
| Barlow Wealth Partners, Inc. | 49,072 | $15.2M | 1.82% | +12,350+33.6% | Added |
| Citadel Advisors LLC | 47,548 | $14.9M | 0.01% | −60,234−55.9% | Reduced |
| California Public Employees Retirement System | 45,120 | $14.2M | 0.01% | +34+0.1% | Added |
| Price T Rowe Associates Inc | 45,053 | $14.1M | 0.00% | −2,427−5.1% | Reduced |
| Ameriprise Financial Inc | 44,284 | $13.9M | 0.00% | +13,681+44.7% | Added |
| Algert Global LLC | 44,143 | $13.9M | 0.29% | +5,987+15.7% | Added |
| Ci Investments Inc. | 43,878 | $13.8M | 0.05% | +3,471+8.6% | Added |
| National Bank of Canada | 43,878 | $13.8M | 0.01% | +28,758+190.2% | Added |
| Parnassus Investments | 42,955 | $13.5M | 0.03% | −11,287−20.8% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 42,420 | $13.3M | 0.03% | +26,520+166.8% | Added |
| Cubist Systematic Strategies, LLC | 41,559 | $13.0M | 0.14% | −3,496−7.8% | Reduced |
| Meeder Asset Management Inc | 40,984 | $12.9M | 0.79% | +40,729+15,972.2% | Added |
| Segall Bryant & Hamill, LLC | 40,792 | $12.8M | 0.18% | +2,576+6.7% | Added |
| Voloridge Investment Management, LLC | 40,435 | $12.7M | 0.05% | +39,194+3,158.3% | Added |
| Janus Henderson Group PLC | 37,982 | $11.9M | 0.01% | +16,212+74.5% | Added |
| Jane Street Group, LLC | 34,401 | $10.8M | 0.02% | +13,798+67.0% | Added |
| Retirement Systems of Alabama | 32,532 | $10.2M | 0.04% | −351−1.1% | Reduced |
| Alliancebernstein L.P. | 32,166 | $10.1M | 0.00% | +135+0.4% | Added |
| Bank of Nova Scotia | 32,000 | $10.0M | 0.02% | −12,500−28.1% | Reduced |
| HRT Financial LP | 31,773 | $9.97M | 0.04% | +14,619+85.2% | Added |
| Quantinno Capital Management LP | 31,146 | $9.78M | 0.04% | +10,123+48.2% | Added |
| Cooper Investors Pty Ltd | 30,985 | $9.73M | 1.77% | +6,598+27.1% | Added |
| Holocene Advisors, LP | 29,211 | $9.17M | 0.02% | +7,927+37.2% | Added |
| Susquehanna Portfolio Strategies, LLC | 29,070 | $9.13M | 0.20% | +29,070 | New |
| Magnetar Financial LLC | 28,223 | $8.86M | 0.04% | +12,727+82.1% | Added |
| Tribune Investment Group LP | 28,000 | $8.79M | 4.33% | −8,000−22.2% | Reduced |
| Engineers Gate Manager LP | 27,114 | $8.51M | 0.11% | +8,056+42.3% | Added |
| ExodusPoint Capital Management, LP | 27,066 | $8.50M | 0.10% | +8,497+45.8% | Added |
| Voleon Capital Management LP | 26,933 | $8.46M | 0.46% | +6,003+28.7% | Added |
| Marks Group Wealth Management, Inc | 25,978 | $8.16M | 0.76% | +157+0.6% | Added |
| California State Teachers Retirement System | 25,483 | $8.00M | 0.01% | −203−0.8% | Reduced |
| State Board of Administration of Florida Retirement System | 25,013 | $7.85M | 0.01% | +160+0.6% | Added |
| United Capital Financial Advisers, LLC | 24,908 | $7.82M | 0.06% | −488−1.9% | Reduced |
| Kornitzer Capital Management Inc | 24,841 | $7.80M | 0.16% | −463−1.8% | Reduced |
| Teacher Retirement System of Texas | 24,736 | $7.77M | 0.03% | −2,152−8.0% | Reduced |
| Tudor Investment Corp Et Al | 24,627 | $7.73M | 0.06% | +1,356+5.8% | Added |
| Sea Cliff Partners Management, LP | 24,000 | $7.53M | 2.57% | +24,000 | New |
| D. E. Shaw & Co., Inc. | 22,915 | $7.19M | 0.01% | −17,113−42.8% | Reduced |