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 |
|---|---|---|---|---|---|
| GAMMA Investing LLC | 433 | $135.9K | 0.01% | −48−10.0% | Reduced |
| Macquarie Group Ltd | 437 | $137.0K | 0.00% | +437 | New |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 466 | $146.3K | 0.02% | +148+46.5% | Added |
| Essential Partners LLC | 468 | $146.9K | 0.06% | +468 | New |
| North Star Investment Management Corp. | 517 | $162.3K | 0.01% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 527 | $165.4K | 0.00% | +438+492.1% | Added |
| Covestor Ltd | 560 | $176.0K | 0.10% | +74+15.2% | Added |
| EverSource Wealth Advisors, LLC | 561 | $176.1K | 0.01% | +539+2,450.0% | Added |
| STRS Ohio | 562 | $176.4K | 0.00% | +562 | New |
| HM Payson & Co | 600 | $188.4K | 0.00% | 00.0% | Unchanged |
| Meiji Yasuda Asset Management Co Ltd. | 641 | $201.2K | 0.01% | +641 | New |
| Fonville Wealth Management LLC | 646 | $202.8K | 0.05% | +646 | New |
| KBC Group NV | 659 | $207.0K | 0.00% | −405−38.1% | Reduced |
| Brown Miller Wealth Management, LLC | 660 | $207.1K | 0.06% | −9−1.3% | Reduced |
| Hudson Bay Capital Management LP | 660 | $207.2K | 0.00% | +660 | New |
| Shell Asset Management Co | 665 | $209.0K | 0.01% | −138−17.2% | Reduced |
| Pallas Capital Advisors LLC | 669 | $210.0K | 0.01% | +669 | New |
| Bank of Stockton | 670 | $210.3K | 0.06% | −4−0.6% | Reduced |
| Umb Bank N A | 672 | $211.0K | 0.00% | +156+30.2% | Added |
| GK Wealth Management LLC | 681 | $213.7K | 0.21% | +3+0.4% | Added |
| Glenview Trust Co | 683 | $214.4K | 0.00% | 00.0% | Unchanged |
| Aspiriant, LLC | 687 | $215.7K | 0.01% | +687 | New |
| Chicago Partners Investment Group LLC | 785 | $217.2K | 0.01% | +785 | New |
| Everence Capital Management Inc | 700 | $220.0K | 0.01% | 00.0% | Unchanged |
| Kovitz Investment Group Partners, LLC | 701 | $220.0K | 0.00% | +701 | New |
| Gsa Capital Partners LLP | 705 | $221.0K | 0.02% | −1,964−73.6% | Reduced |
| EP Wealth Advisors, LLC | 711 | $223.4K | 0.00% | +711 | New |
| Swiss Life Asset Management Ltd | 718 | $225.4K | 0.00% | +718 | New |
| Burney Co | 720 | $226.0K | 0.01% | +720 | New |
| Kera Capital Partners, Inc. | 730 | $229.2K | 0.05% | +730 | New |
| HBK Sorce Advisory LLC | 735 | $230.7K | 0.01% | −30−3.9% | Reduced |
| Forum Financial Management, LP | 735 | $230.7K | 0.00% | +46+6.7% | Added |
| Kestra Advisory Services, LLC | 741 | $232.7K | 0.00% | +741 | New |
| Claret Asset Management Corp | 744 | $233.0K | 0.03% | +51+7.4% | Added |
| Genesis Private Wealth, LLC | 758 | $238.0K | 0.11% | −30−3.8% | Reduced |
| Keybank National Association | 772 | $242.4K | 0.00% | −38−4.7% | Reduced |
| Fifth Third Wealth Advisors LLC | 776 | $243.6K | 0.01% | +2+0.3% | Added |
| Sequoia Financial Advisors, LLC | 800 | $251.1K | 0.00% | +800 | New |
| Cresset Asset Management, LLC | 811 | $254.5K | 0.00% | −735−47.5% | Reduced |
| Versant Capital Management, Inc | 819 | $257.1K | 0.04% | +8+1.0% | Added |
| Bayforest Capital Ltd | 858 | $269.4K | 0.12% | +3+0.4% | Added |
| ISAM Funds (UK) Ltd | 861 | $270.3K | 0.06% | +861 | New |
| Fiduciary Trust Co | 884 | $277.5K | 0.00% | −200−18.5% | Reduced |
| Principal Securities, Inc. | 893 | $280.3K | 0.01% | +188+26.7% | Added |
| Dundas Partners LLP | 895 | $281.0K | 0.02% | −627−41.2% | Reduced |
| Atomi Financial Group, Inc. | 916 | $287.6K | 0.01% | +139+17.9% | Added |
| Hennion & Walsh Asset Management, Inc. | 924 | $290.1K | 0.01% | +103+12.5% | Added |
| Angeles Wealth Management, LLC | 926 | $290.7K | 0.02% | 00.0% | Unchanged |
| Mechanics Bank Trust Department | 949 | $297.9K | 0.04% | −6−0.6% | Reduced |
| Laurion Capital Management LP | 950 | $298.2K | 0.03% | +950 | New |
| Shelton Capital Management | 970 | $304.5K | 0.01% | 00.0% | Unchanged |
| Seeds Investor LLC | 972 | $305.2K | 0.07% | −648−40.0% | Reduced |
| Bridgefront Capital, LLC | 990 | $310.8K | 0.08% | +990 | New |
| Toroso Investments, LLC | 1,055 | $331.2K | 0.00% | −150−12.4% | Reduced |
| Graham Capital Management, L.P. | 1,082 | $339.7K | 0.01% | −5,141−82.6% | Reduced |
| Wallace Advisory Group, LLC | 1,136 | $340.7K | 0.25% | +56+5.2% | Added |
| Trexquant Investment LP | 1,087 | $341.2K | 0.00% | −14,792−93.2% | Reduced |
| denkapparat Operations GmbH | 1,106 | $347.2K | 0.28% | +140+14.5% | Added |
| The PNC Financial Services Group, Inc. | 1,113 | $349.4K | 0.00% | −678−37.9% | Reduced |
| Aster Capital Management (DIFC) Ltd | 1,123 | $352.5K | 0.08% | +1,123 | New |
| Cottonwood Capital Advisors, LLC | 1,135 | $356.3K | 0.24% | 00.0% | Unchanged |
| Capital Investment Counsel, Inc | 1,150 | $361.0K | 0.05% | 00.0% | Unchanged |
| Advisors Preferred, LLC | 1,168 | $364.3K | 0.06% | +1,168 | New |
| Institute for Wealth Management, LLC. | 1,171 | $367.6K | 0.04% | 00.0% | Unchanged |
| ProShare Advisors LLC | 1,180 | $370.4K | 0.00% | +29+2.5% | Added |
| QRG Capital Management, Inc. | 1,181 | $370.8K | 0.00% | +132+12.6% | Added |
| Brighton Jones LLC | 1,188 | $372.9K | 0.01% | +1,188 | New |
| Pacer Advisors, Inc. | 1,220 | $383.0K | 0.00% | −40−3.2% | Reduced |
| Maryland State Retirement & Pension System | 1,247 | $391.5K | 0.01% | 00.0% | Unchanged |
| FORA Capital, LLC | 1,264 | $396.8K | 0.04% | +1,264 | New |
| Diversify Advisory Services, LLC | 1,567 | $404.7K | 0.02% | +236+17.7% | Added |
| Parallel Advisors, LLC | 1,327 | $416.6K | 0.01% | +146+12.4% | Added |
| Syon Capital LLC | 1,340 | $420.7K | 0.03% | +1,340 | New |
| Merit Financial Group, LLC | 1,350 | $423.8K | 0.00% | +1,350 | New |
| CIBC Asset Management Inc | 1,355 | $425.4K | 0.00% | 00.0% | Unchanged |
| Welch & Forbes LLC | 1,374 | $431.3K | 0.01% | −135−8.9% | Reduced |
| Andina Capital Management, LLC | 1,393 | $437.3K | 0.31% | +98+7.6% | Added |
| SG Americas Securities, LLC | 1,428 | $448.0K | 0.00% | −1,030−41.9% | Reduced |
| Great Valley Advisor Group, Inc. | 1,431 | $449.3K | 0.01% | −128−8.2% | Reduced |
| ClearAlpha Technologies LP | 1,432 | $449.5K | 1.30% | +1,432 | New |
| Nebula Research & Development LLC | 1,448 | $454.6K | 0.04% | −4,834−77.0% | Reduced |
| Smith Group Asset Management, LLC | 1,450 | $455.2K | 0.03% | 00.0% | Unchanged |
| Connable Office Inc | 1,470 | $461.5K | 0.05% | 00.0% | Unchanged |
| Cadent Capital Advisors, LLC | 1,489 | $467.4K | 0.15% | 00.0% | Unchanged |
| AdvisorShares Investments LLC | 1,491 | $468.1K | 0.08% | −19−1.3% | Reduced |
| Dempze Nancy E | 1,494 | $469.0K | 0.27% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 1,510 | $474.0K | 0.01% | +295+24.3% | Added |
| Naviter Wealth, LLC | 1,540 | $483.5K | 0.06% | 00.0% | Unchanged |
| Franklin Resources Inc | 1,541 | $483.8K | 0.00% | +12+0.8% | Added |
| Scientech Research LLC | 1,543 | $484.4K | 0.12% | +1,543 | New |
| Sanctuary Advisors, LLC | 1,621 | $508.9K | 0.00% | +443+37.6% | Added |
| Quadrant Capital Group LLC | 1,718 | $539.3K | 0.02% | +679+65.4% | Added |
| Park Avenue Securities LLC | 1,721 | $540.0K | 0.00% | +92+5.6% | Added |
| AE Wealth Management LLC | 1,740 | $546.3K | 0.00% | +20+1.2% | Added |
| Quantbot Technologies LP | 1,758 | $551.9K | 0.01% | −23,715−93.1% | Reduced |
| DRW Securities, LLC | 1,791 | $561.8K | 0.04% | +1,791 | New |
| Procyon Private Wealth Partners, LLC | 1,792 | $562.6K | 0.05% | −9−0.5% | Reduced |
| Spectrum Asset Management, Inc. (NB/CA) | 1,812 | $569.0K | 0.25% | +2+0.1% | Added |
| Tower Research Capital LLC (TRC) | 1,856 | $582.7K | 0.02% | +950+104.9% | Added |
| Ballentine Partners, LLC | 1,866 | $585.8K | 0.01% | +576+44.7% | Added |