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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, 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.

Institutional holdersQ2 2025: 481 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 heldQ2 2025: $8.05B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q1 2025.

Institutions holding MORN in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Illinois Municipal Retirement Fund0$00.00%−2,085−100.0%Sold out
Jain Global LLC0$00.00%−1,916−100.0%Sold out
Equitable Trust Co0$00.00%−1,871−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−1,783−100.0%Sold out
United Services Automobile Association0$00.00%−1,765−100.0%Sold out
Machina Capital S.A.S.0$00.00%−1,301−100.0%Sold out
Alberta Investment Management Corp0$00.00%−1,256−100.0%Sold out
Oak Thistle LLC0$00.00%−1,202−100.0%Sold out
Leonteq Securities AG0$00.00%−1,113−100.0%Sold out
Axq Capital, LP0$00.00%−929−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−923−100.0%Sold out
Bryn Mawr Trust Co0$00.00%−835−100.0%Sold out
Associated Banc-Corp0$00.00%−782−100.0%Sold out
Aspen Grove Capital, LLC0$00.00%−762−100.0%Sold out
Baker Tilly Wealth Management, LLC0$00.00%−698−100.0%Sold out
Kestra Private Wealth Services, LLC0$00.00%−689−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−412−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−375−100.0%Sold out
Quent Capital, LLC0$00.00%−141−100.0%Sold out
Wayfinding Financial, LLC0$00.00%−110−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−61−100.0%Sold out
Graybill Bartz & Assoc Ltd0$00.00%−30−100.0%Sold out
GW&K Investment Management, LLC0$00.00%−25−100.0%Sold out
Webster Bank, N. A.0$00.00%−22−100.0%Sold out
Mather Group, LLC.0$00.00%−17−100.0%Sold out
West Paces Advisors Inc.0$00.00%−10−100.0%Sold out
Carolinas Wealth Consulting LLC0$00.00%−7−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−5−100.0%Sold out
Global Financial Private Client, LLC0$00.00%−4−100.0%Sold out
ROSS\JOHNSON & Associates LLC0$00.00%−2−100.0%Sold out
CAPROCK Group, Inc.––––Not filed
Lindbrook Capital, LLC––––Not filed
Sofos Investments, Inc.––––Not filed