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 |
|---|---|---|---|---|---|
| Point72 (DIFC) Ltd | 1,937 | $608.1K | 0.05% | −1,127−36.8% | Reduced |
| Federated Hermes, Inc. | 2,048 | $642.9K | 0.00% | −67−3.2% | Reduced |
| Commonwealth Equity Services, LLC | 2,068 | $649.0K | 0.00% | +56+2.8% | Added |
| Securian Asset Management, Inc | 2,080 | $653.0K | 0.02% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 2,110 | $662.5K | 0.01% | +10.0% | Added |
| Benjamin Edwards Inc | 2,197 | $690.0K | 0.01% | +188+9.4% | Added |
| Cetera Investment Advisers | 2,198 | $690.1K | 0.00% | −8−0.4% | Reduced |
| Point72 Hong Kong Ltd | 2,200 | $690.6K | 0.05% | −13,343−85.8% | Reduced |
| Deutsche Bank AG | 2,211 | $694.1K | 0.00% | +288+15.0% | Added |
| Mercer Global Advisors Inc | 2,238 | $702.4K | 0.00% | +1,540+220.6% | Added |
| Capstone Investment Advisors, LLC | 2,252 | $707.0K | 0.01% | +2,252 | New |
| Advisory Services Network, LLC | 2,625 | $725.7K | 0.01% | +157+6.4% | Added |
| Planning Alternatives Ltd | 2,392 | $750.9K | 0.10% | −15−0.6% | Reduced |
| Petrus Trust Company, LTA | 2,410 | $756.6K | 0.08% | +868+56.3% | Added |
| 111 Capital | 2,440 | $766.0K | 0.13% | +1,282+110.7% | Added |
| Simon Quick Advisors, LLC | 2,512 | $788.7K | 0.04% | −1,043−29.3% | Reduced |
| Janney Montgomery Scott LLC | 2,528 | $794.0K | 0.00% | −754−23.0% | Reduced |
| Covey Capital Advisors, LLC | 2,604 | $817.5K | 0.88% | 00.0% | Unchanged |
| HB Wealth Management, LLC | 2,670 | $838.2K | 0.01% | −63−2.3% | Reduced |
| Ethic Inc. | 2,738 | $857.0K | 0.02% | +257+10.4% | Added |
| Point72 Asia (Singapore) Pte. Ltd. | 2,745 | $861.7K | 0.15% | +2,189+393.7% | Added |
| Public Employees Retirement Association of Colorado | 2,787 | $875.0K | 0.00% | 00.0% | Unchanged |
| Worldquant Millennium Advisors LLC | 2,819 | $885.0K | 0.00% | +2,819 | New |
| Banco Bilbao Vizcaya Argentaria, S.A. | 2,843 | $888.4K | 0.01% | −1,200−29.7% | Reduced |
| Blair William & Co | 2,896 | $909.3K | 0.00% | −1,250−30.1% | Reduced |
| Atria Investments LLC | 2,943 | $923.9K | 0.01% | −14−0.5% | Reduced |
| Precision Wealth Strategies, LLC | 2,991 | $939.0K | 0.30% | +199+7.1% | Added |
| Callan Family Office, LLC | 3,005 | $943.4K | 0.03% | +2,141+247.8% | Added |
| Aigen Investment Management, LP | 3,014 | $946.2K | 0.13% | +3,014 | New |
| Integrated Wealth Concepts LLC | 3,015 | $946.6K | 0.01% | +852+39.4% | Added |
| Bradley Foster & Sargent Inc | 3,021 | $948.4K | 0.01% | 00.0% | Unchanged |
| Aurora Investment Counsel | 3,090 | $970.0K | 0.51% | +3,090 | New |
| Davy Global Fund Management Ltd | 3,106 | $975.1K | 0.09% | +257+9.0% | Added |
| Wiley Bros.-Aintree Capital, LLC | 3,109 | $976.1K | 0.01% | +157+5.3% | Added |
| TownSquare Capital, LLC | 3,248 | $1.02M | 0.10% | −37,534−92.0% | Reduced |
| Avantax Advisory Services, Inc. | 3,302 | $1.04M | 0.01% | +343+11.6% | Added |
| Diversify Wealth Management, LLC | 4,070 | $1.05M | 0.06% | +668+19.6% | Added |
| Mackenzie Financial Corp | 3,372 | $1.06M | 0.00% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 3,425 | $1.07M | 0.00% | +1,623+90.1% | Added |
| Advisor Group Holdings, Inc. | 3,396 | $1.07M | 0.00% | +33+1.0% | Added |
| XTX Topco Ltd | 3,490 | $1.10M | 0.05% | −3,068−46.8% | Reduced |
| Bessemer Group Inc | 3,505 | $1.10M | 0.00% | +22+0.6% | Added |
| O'Shaughnessy Asset Management, LLC | 3,524 | $1.11M | 0.01% | +573+19.4% | Added |
| R Squared Ltd | 3,573 | $1.12M | 0.62% | +1,333+59.5% | Added |
| Centiva Capital, LP | 3,794 | $1.19M | 0.08% | +171+4.7% | Added |
| Level Four Advisory Services, LLC | 3,798 | $1.19M | 0.04% | +17+0.4% | Added |
| Accretive Wealth Partners, LLC | 3,826 | $1.20M | 0.39% | +32+0.8% | Added |
| Index Fund Advisors, Inc. | 3,913 | $1.23M | 0.07% | +3,913 | New |
| Sepio Capital, LP | 4,008 | $1.26M | 0.09% | −1,857−31.7% | Reduced |
| Empowered Funds, LLC | 4,011 | $1.26M | 0.01% | +4,011 | New |
| Gibbs Wealth Management | 4,024 | $1.26M | 0.24% | +296+7.9% | Added |
| Mariner, LLC | 4,038 | $1.27M | 0.00% | +2,498+162.2% | Added |
| Pictet Asset Management Holding SA | 4,049 | $1.27M | 0.00% | −27−0.7% | Reduced |
| Freestone Grove Partners LP | 4,147 | $1.30M | 0.01% | +4,147 | New |
| Martin Capital Advisors, LLP | 4,202 | $1.32M | 0.86% | 00.0% | Unchanged |
| Truist Financial Corp | 4,225 | $1.33M | 0.00% | −92−2.1% | Reduced |
| Utah Retirement Systems | 4,228 | $1.33M | 0.01% | −192−4.3% | Reduced |
| CWM, LLC | 4,262 | $1.34M | 0.00% | +3,013+241.2% | Added |
| Cerity Partners LLC | 4,270 | $1.34M | 0.00% | −1,156−21.3% | Reduced |
| Keeler Thomas Management LLC | 4,285 | $1.35M | 0.58% | +4,285 | New |
| Colony Group, LLC | 4,296 | $1.35M | 0.00% | +458+11.9% | Added |
| Consolidated Press International Holdings Ltd | 4,300 | $1.35M | 0.22% | +200+4.9% | Added |
| Xponance, Inc. | 4,366 | $1.37M | 0.01% | −1,177−21.2% | Reduced |
| Two Sigma Securities, LLC | 4,441 | $1.39M | 0.17% | +4,441 | New |
| Creative Planning | 4,506 | $1.41M | 0.00% | +1,936+75.3% | Added |
| Johnson Investment Counsel Inc | 4,533 | $1.42M | 0.01% | +331+7.9% | Added |
| Entropy Technologies, LP | 4,655 | $1.46M | 0.12% | +1,898+68.8% | Added |
| JustInvest LLC | 4,676 | $1.47M | 0.02% | +788+20.3% | Added |
| Alliance Wealth Advisors, LLC | 4,701 | $1.48M | 0.36% | −118−2.4% | Reduced |
| Virtu Financial LLC | 4,705 | $1.48M | 0.08% | +4,705 | New |
| Headlands Technologies LLC | 4,851 | $1.52M | 0.18% | −2,148−30.7% | Reduced |
| Ieq Capital, LLC | 4,858 | $1.53M | 0.01% | +4,858 | New |
| Bradyco, Inc. | 4,864 | $1.53M | 1.12% | 00.0% | Unchanged |
| Danske Bank A/S | 4,885 | $1.53M | 0.00% | −2,208−31.1% | Reduced |
| Portside Wealth Group, LLC | 4,890 | $1.54M | 0.23% | −108−2.2% | Reduced |
| Grandeur Peak Global Advisors, LLC | 4,986 | $1.57M | 0.19% | +1,171+30.7% | Added |
| Winton Group Ltd | 5,115 | $1.61M | 0.08% | +5,115 | New |
| Fox Run Management, L.L.C. | 5,130 | $1.61M | 0.27% | +2,453+91.6% | Added |
| Linden Thomas Advisory Services, LLC | 5,156 | $1.62M | 0.18% | −44−0.8% | Reduced |
| Ameritas Investment Partners, Inc. | 5,168 | $1.62M | 0.05% | −148−2.8% | Reduced |
| New Mexico Educational Retirement Board | 5,200 | $1.63M | 0.05% | 00.0% | Unchanged |
| Oregon Public Employees Retirement Fund | 5,488 | $1.72M | 0.03% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 5,777 | $1.81M | 0.00% | −71−1.2% | Reduced |
| KLP Kapitalforvaltning AS | 5,800 | $1.82M | 0.01% | +100+1.8% | Added |
| New Age Alpha Advisors, LLC | 5,822 | $1.83M | 0.08% | +351+6.4% | Added |
| Harbor Capital Advisors, Inc. | 5,939 | $1.86M | 0.08% | +75+1.3% | Added |
| Northwestern Mutual Investment Management Company, LLC | 5,943 | $1.87M | 0.03% | −64−1.1% | Reduced |
| New York State Teachers Retirement System | 6,000 | $1.88M | 0.00% | +100+1.7% | Added |
| MML Investors Services, LLC | 6,033 | $1.89M | 0.01% | +516+9.4% | Added |
| Ashford Capital Management Inc | 6,059 | $1.90M | 0.22% | +666+12.3% | Added |
| Quest Partners LLC | 6,072 | $1.91M | 0.19% | −438−6.7% | Reduced |
| HSBC Holdings PLC | 6,140 | $1.92M | 0.00% | −7,902−56.3% | Reduced |
| Oddo BHF Asset Management SAS | 6,132 | $1.93M | 0.07% | −168−2.7% | Reduced |
| LPL Financial LLC | 6,315 | $1.98M | 0.00% | +479+8.2% | Added |
| Norden Group LLC | 6,323 | $1.99M | 0.22% | −514−7.5% | Reduced |
| Handelsbanken Fonder AB | 6,372 | $2.00M | 0.01% | 00.0% | Unchanged |
| State of Michigan Retirement System | 6,400 | $2.01M | 0.01% | −100−1.5% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 6,839 | $2.15M | 0.01% | +381+5.9% | Added |
| Empire Life Investments Inc. | 6,934 | $2.18M | 0.14% | −127−1.8% | Reduced |
| Campbell & CO Investment Adviser LLC | 7,046 | $2.21M | 0.14% | +3,721+111.9% | Added |