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 |
|---|---|---|---|---|---|
| New Mexico Educational Retirement Board | 5,200 | $1.63M | 0.05% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 5,168 | $1.62M | 0.05% | −148−2.8% | Reduced |
| Linden Thomas Advisory Services, LLC | 5,156 | $1.62M | 0.18% | −44−0.8% | Reduced |
| Fox Run Management, L.L.C. | 5,130 | $1.61M | 0.27% | +2,453+91.6% | Added |
| Winton Group Ltd | 5,115 | $1.61M | 0.08% | +5,115 | New |
| Grandeur Peak Global Advisors, LLC | 4,986 | $1.57M | 0.19% | +1,171+30.7% | Added |
| Portside Wealth Group, LLC | 4,890 | $1.54M | 0.23% | −108−2.2% | Reduced |
| Danske Bank A/S | 4,885 | $1.53M | 0.00% | −2,208−31.1% | Reduced |
| Bradyco, Inc. | 4,864 | $1.53M | 1.12% | 00.0% | Unchanged |
| Ieq Capital, LLC | 4,858 | $1.53M | 0.01% | +4,858 | New |
| Headlands Technologies LLC | 4,851 | $1.52M | 0.18% | −2,148−30.7% | Reduced |
| Virtu Financial LLC | 4,705 | $1.48M | 0.08% | +4,705 | New |
| Alliance Wealth Advisors, LLC | 4,701 | $1.48M | 0.36% | −118−2.4% | Reduced |
| JustInvest LLC | 4,676 | $1.47M | 0.02% | +788+20.3% | Added |
| Entropy Technologies, LP | 4,655 | $1.46M | 0.12% | +1,898+68.8% | Added |
| Johnson Investment Counsel Inc | 4,533 | $1.42M | 0.01% | +331+7.9% | Added |
| Creative Planning | 4,506 | $1.41M | 0.00% | +1,936+75.3% | Added |
| Two Sigma Securities, LLC | 4,441 | $1.39M | 0.17% | +4,441 | New |
| Xponance, Inc. | 4,366 | $1.37M | 0.01% | −1,177−21.2% | Reduced |
| Consolidated Press International Holdings Ltd | 4,300 | $1.35M | 0.22% | +200+4.9% | Added |
| Colony Group, LLC | 4,296 | $1.35M | 0.00% | +458+11.9% | Added |
| Keeler Thomas Management LLC | 4,285 | $1.35M | 0.58% | +4,285 | New |
| Cerity Partners LLC | 4,270 | $1.34M | 0.00% | −1,156−21.3% | Reduced |
| CWM, LLC | 4,262 | $1.34M | 0.00% | +3,013+241.2% | Added |
| Utah Retirement Systems | 4,228 | $1.33M | 0.01% | −192−4.3% | Reduced |
| Truist Financial Corp | 4,225 | $1.33M | 0.00% | −92−2.1% | Reduced |
| Martin Capital Advisors, LLP | 4,202 | $1.32M | 0.86% | 00.0% | Unchanged |
| Freestone Grove Partners LP | 4,147 | $1.30M | 0.01% | +4,147 | New |
| Pictet Asset Management Holding SA | 4,049 | $1.27M | 0.00% | −27−0.7% | Reduced |
| Mariner, LLC | 4,038 | $1.27M | 0.00% | +2,498+162.2% | Added |
| Gibbs Wealth Management | 4,024 | $1.26M | 0.24% | +296+7.9% | Added |
| Empowered Funds, LLC | 4,011 | $1.26M | 0.01% | +4,011 | New |
| Sepio Capital, LP | 4,008 | $1.26M | 0.09% | −1,857−31.7% | Reduced |
| Index Fund Advisors, Inc. | 3,913 | $1.23M | 0.07% | +3,913 | New |
| Accretive Wealth Partners, LLC | 3,826 | $1.20M | 0.39% | +32+0.8% | Added |
| Level Four Advisory Services, LLC | 3,798 | $1.19M | 0.04% | +17+0.4% | Added |
| Centiva Capital, LP | 3,794 | $1.19M | 0.08% | +171+4.7% | Added |
| R Squared Ltd | 3,573 | $1.12M | 0.62% | +1,333+59.5% | Added |
| O'Shaughnessy Asset Management, LLC | 3,524 | $1.11M | 0.01% | +573+19.4% | Added |
| Bessemer Group Inc | 3,505 | $1.10M | 0.00% | +22+0.6% | Added |
| XTX Topco Ltd | 3,490 | $1.10M | 0.05% | −3,068−46.8% | Reduced |
| Advisor Group Holdings, Inc. | 3,396 | $1.07M | 0.00% | +33+1.0% | Added |
| Wealth Enhancement Advisory Services, LLC | 3,425 | $1.07M | 0.00% | +1,623+90.1% | Added |
| Mackenzie Financial Corp | 3,372 | $1.06M | 0.00% | 00.0% | Unchanged |
| Diversify Wealth Management, LLC | 4,070 | $1.05M | 0.06% | +668+19.6% | Added |
| Avantax Advisory Services, Inc. | 3,302 | $1.04M | 0.01% | +343+11.6% | Added |
| TownSquare Capital, LLC | 3,248 | $1.02M | 0.10% | −37,534−92.0% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 3,109 | $976.1K | 0.01% | +157+5.3% | Added |
| Davy Global Fund Management Ltd | 3,106 | $975.1K | 0.09% | +257+9.0% | Added |
| Aurora Investment Counsel | 3,090 | $970.0K | 0.51% | +3,090 | New |
| Bradley Foster & Sargent Inc | 3,021 | $948.4K | 0.01% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 3,015 | $946.6K | 0.01% | +852+39.4% | Added |
| Aigen Investment Management, LP | 3,014 | $946.2K | 0.13% | +3,014 | New |
| Callan Family Office, LLC | 3,005 | $943.4K | 0.03% | +2,141+247.8% | Added |
| Precision Wealth Strategies, LLC | 2,991 | $939.0K | 0.30% | +199+7.1% | Added |
| Atria Investments LLC | 2,943 | $923.9K | 0.01% | −14−0.5% | Reduced |
| Blair William & Co | 2,896 | $909.3K | 0.00% | −1,250−30.1% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 2,843 | $888.4K | 0.01% | −1,200−29.7% | Reduced |
| Worldquant Millennium Advisors LLC | 2,819 | $885.0K | 0.00% | +2,819 | New |
| Public Employees Retirement Association of Colorado | 2,787 | $875.0K | 0.00% | 00.0% | Unchanged |
| Point72 Asia (Singapore) Pte. Ltd. | 2,745 | $861.7K | 0.15% | +2,189+393.7% | Added |
| Ethic Inc. | 2,738 | $857.0K | 0.02% | +257+10.4% | Added |
| HB Wealth Management, LLC | 2,670 | $838.2K | 0.01% | −63−2.3% | Reduced |
| Covey Capital Advisors, LLC | 2,604 | $817.5K | 0.88% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 2,528 | $794.0K | 0.00% | −754−23.0% | Reduced |
| Simon Quick Advisors, LLC | 2,512 | $788.7K | 0.04% | −1,043−29.3% | Reduced |
| 111 Capital | 2,440 | $766.0K | 0.13% | +1,282+110.7% | Added |
| Petrus Trust Company, LTA | 2,410 | $756.6K | 0.08% | +868+56.3% | Added |
| Planning Alternatives Ltd | 2,392 | $750.9K | 0.10% | −15−0.6% | Reduced |
| Advisory Services Network, LLC | 2,625 | $725.7K | 0.01% | +157+6.4% | Added |
| Capstone Investment Advisors, LLC | 2,252 | $707.0K | 0.01% | +2,252 | New |
| Mercer Global Advisors Inc | 2,238 | $702.4K | 0.00% | +1,540+220.6% | Added |
| Deutsche Bank AG | 2,211 | $694.1K | 0.00% | +288+15.0% | Added |
| Point72 Hong Kong Ltd | 2,200 | $690.6K | 0.05% | −13,343−85.8% | Reduced |
| Cetera Investment Advisers | 2,198 | $690.1K | 0.00% | −8−0.4% | Reduced |
| Benjamin Edwards Inc | 2,197 | $690.0K | 0.01% | +188+9.4% | Added |
| J.W. Cole Advisors, Inc. | 2,110 | $662.5K | 0.01% | +10.0% | Added |
| Securian Asset Management, Inc | 2,080 | $653.0K | 0.02% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 2,068 | $649.0K | 0.00% | +56+2.8% | Added |
| Federated Hermes, Inc. | 2,048 | $642.9K | 0.00% | −67−3.2% | Reduced |
| Point72 (DIFC) Ltd | 1,937 | $608.1K | 0.05% | −1,127−36.8% | Reduced |
| Ballentine Partners, LLC | 1,866 | $585.8K | 0.01% | +576+44.7% | Added |
| Tower Research Capital LLC (TRC) | 1,856 | $582.7K | 0.02% | +950+104.9% | Added |
| Spectrum Asset Management, Inc. (NB/CA) | 1,812 | $569.0K | 0.25% | +2+0.1% | Added |
| Procyon Private Wealth Partners, LLC | 1,792 | $562.6K | 0.05% | −9−0.5% | Reduced |
| DRW Securities, LLC | 1,791 | $561.8K | 0.04% | +1,791 | New |
| Quantbot Technologies LP | 1,758 | $551.9K | 0.01% | −23,715−93.1% | Reduced |
| AE Wealth Management LLC | 1,740 | $546.3K | 0.00% | +20+1.2% | Added |
| Park Avenue Securities LLC | 1,721 | $540.0K | 0.00% | +92+5.6% | Added |
| Quadrant Capital Group LLC | 1,718 | $539.3K | 0.02% | +679+65.4% | Added |
| Sanctuary Advisors, LLC | 1,621 | $508.9K | 0.00% | +443+37.6% | Added |
| Scientech Research LLC | 1,543 | $484.4K | 0.12% | +1,543 | New |
| Franklin Resources Inc | 1,541 | $483.8K | 0.00% | +12+0.8% | Added |
| Naviter Wealth, LLC | 1,540 | $483.5K | 0.06% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 1,510 | $474.0K | 0.01% | +295+24.3% | Added |
| Dempze Nancy E | 1,494 | $469.0K | 0.27% | 00.0% | Unchanged |
| AdvisorShares Investments LLC | 1,491 | $468.1K | 0.08% | −19−1.3% | Reduced |
| Cadent Capital Advisors, LLC | 1,489 | $467.4K | 0.15% | 00.0% | Unchanged |
| Connable Office Inc | 1,470 | $461.5K | 0.05% | 00.0% | Unchanged |
| Smith Group Asset Management, LLC | 1,450 | $455.2K | 0.03% | 00.0% | Unchanged |