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 |
|---|---|---|---|---|---|
| Nebula Research & Development LLC | 1,448 | $454.6K | 0.04% | −4,834−77.0% | Reduced |
| ClearAlpha Technologies LP | 1,432 | $449.5K | 1.30% | +1,432 | New |
| Great Valley Advisor Group, Inc. | 1,431 | $449.3K | 0.01% | −128−8.2% | Reduced |
| SG Americas Securities, LLC | 1,428 | $448.0K | 0.00% | −1,030−41.9% | Reduced |
| Andina Capital Management, LLC | 1,393 | $437.3K | 0.31% | +98+7.6% | Added |
| Welch & Forbes LLC | 1,374 | $431.3K | 0.01% | −135−8.9% | Reduced |
| CIBC Asset Management Inc | 1,355 | $425.4K | 0.00% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 1,350 | $423.8K | 0.00% | +1,350 | New |
| Syon Capital LLC | 1,340 | $420.7K | 0.03% | +1,340 | New |
| Parallel Advisors, LLC | 1,327 | $416.6K | 0.01% | +146+12.4% | Added |
| Diversify Advisory Services, LLC | 1,567 | $404.7K | 0.02% | +236+17.7% | Added |
| FORA Capital, LLC | 1,264 | $396.8K | 0.04% | +1,264 | New |
| Maryland State Retirement & Pension System | 1,247 | $391.5K | 0.01% | 00.0% | Unchanged |
| Pacer Advisors, Inc. | 1,220 | $383.0K | 0.00% | −40−3.2% | Reduced |
| Brighton Jones LLC | 1,188 | $372.9K | 0.01% | +1,188 | New |
| QRG Capital Management, Inc. | 1,181 | $370.8K | 0.00% | +132+12.6% | Added |
| ProShare Advisors LLC | 1,180 | $370.4K | 0.00% | +29+2.5% | Added |
| Institute for Wealth Management, LLC. | 1,171 | $367.6K | 0.04% | 00.0% | Unchanged |
| Advisors Preferred, LLC | 1,168 | $364.3K | 0.06% | +1,168 | New |
| Capital Investment Counsel, Inc | 1,150 | $361.0K | 0.05% | 00.0% | Unchanged |
| Cottonwood Capital Advisors, LLC | 1,135 | $356.3K | 0.24% | 00.0% | Unchanged |
| Aster Capital Management (DIFC) Ltd | 1,123 | $352.5K | 0.08% | +1,123 | New |
| The PNC Financial Services Group, Inc. | 1,113 | $349.4K | 0.00% | −678−37.9% | Reduced |
| denkapparat Operations GmbH | 1,106 | $347.2K | 0.28% | +140+14.5% | Added |
| Trexquant Investment LP | 1,087 | $341.2K | 0.00% | −14,792−93.2% | Reduced |
| Wallace Advisory Group, LLC | 1,136 | $340.7K | 0.25% | +56+5.2% | Added |
| Graham Capital Management, L.P. | 1,082 | $339.7K | 0.01% | −5,141−82.6% | Reduced |
| Toroso Investments, LLC | 1,055 | $331.2K | 0.00% | −150−12.4% | Reduced |
| Bridgefront Capital, LLC | 990 | $310.8K | 0.08% | +990 | New |
| Seeds Investor LLC | 972 | $305.2K | 0.07% | −648−40.0% | Reduced |
| Shelton Capital Management | 970 | $304.5K | 0.01% | 00.0% | Unchanged |
| Laurion Capital Management LP | 950 | $298.2K | 0.03% | +950 | New |
| Mechanics Bank Trust Department | 949 | $297.9K | 0.04% | −6−0.6% | Reduced |
| Angeles Wealth Management, LLC | 926 | $290.7K | 0.02% | 00.0% | Unchanged |
| Hennion & Walsh Asset Management, Inc. | 924 | $290.1K | 0.01% | +103+12.5% | Added |
| Atomi Financial Group, Inc. | 916 | $287.6K | 0.01% | +139+17.9% | Added |
| Dundas Partners LLP | 895 | $281.0K | 0.02% | −627−41.2% | Reduced |
| Principal Securities, Inc. | 893 | $280.3K | 0.01% | +188+26.7% | Added |
| Fiduciary Trust Co | 884 | $277.5K | 0.00% | −200−18.5% | Reduced |
| ISAM Funds (UK) Ltd | 861 | $270.3K | 0.06% | +861 | New |
| Bayforest Capital Ltd | 858 | $269.4K | 0.12% | +3+0.4% | Added |
| Versant Capital Management, Inc | 819 | $257.1K | 0.04% | +8+1.0% | Added |
| Cresset Asset Management, LLC | 811 | $254.5K | 0.00% | −735−47.5% | Reduced |
| Sequoia Financial Advisors, LLC | 800 | $251.1K | 0.00% | +800 | New |
| Fifth Third Wealth Advisors LLC | 776 | $243.6K | 0.01% | +2+0.3% | Added |
| Keybank National Association | 772 | $242.4K | 0.00% | −38−4.7% | Reduced |
| Genesis Private Wealth, LLC | 758 | $238.0K | 0.11% | −30−3.8% | Reduced |
| Claret Asset Management Corp | 744 | $233.0K | 0.03% | +51+7.4% | Added |
| Kestra Advisory Services, LLC | 741 | $232.7K | 0.00% | +741 | 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 |
| Kera Capital Partners, Inc. | 730 | $229.2K | 0.05% | +730 | New |
| Burney Co | 720 | $226.0K | 0.01% | +720 | New |
| Swiss Life Asset Management Ltd | 718 | $225.4K | 0.00% | +718 | New |
| EP Wealth Advisors, LLC | 711 | $223.4K | 0.00% | +711 | New |
| Gsa Capital Partners LLP | 705 | $221.0K | 0.02% | −1,964−73.6% | Reduced |
| Kovitz Investment Group Partners, LLC | 701 | $220.0K | 0.00% | +701 | New |
| Everence Capital Management Inc | 700 | $220.0K | 0.01% | 00.0% | Unchanged |
| Chicago Partners Investment Group LLC | 785 | $217.2K | 0.01% | +785 | New |
| Aspiriant, LLC | 687 | $215.7K | 0.01% | +687 | New |
| Glenview Trust Co | 683 | $214.4K | 0.00% | 00.0% | Unchanged |
| GK Wealth Management LLC | 681 | $213.7K | 0.21% | +3+0.4% | Added |
| Umb Bank N A | 672 | $211.0K | 0.00% | +156+30.2% | Added |
| Bank of Stockton | 670 | $210.3K | 0.06% | −4−0.6% | Reduced |
| Pallas Capital Advisors LLC | 669 | $210.0K | 0.01% | +669 | New |
| Shell Asset Management Co | 665 | $209.0K | 0.01% | −138−17.2% | Reduced |
| Hudson Bay Capital Management LP | 660 | $207.2K | 0.00% | +660 | New |
| Brown Miller Wealth Management, LLC | 660 | $207.1K | 0.06% | −9−1.3% | Reduced |
| KBC Group NV | 659 | $207.0K | 0.00% | −405−38.1% | Reduced |
| Fonville Wealth Management LLC | 646 | $202.8K | 0.05% | +646 | New |
| Meiji Yasuda Asset Management Co Ltd. | 641 | $201.2K | 0.01% | +641 | New |
| HM Payson & Co | 600 | $188.4K | 0.00% | 00.0% | Unchanged |
| STRS Ohio | 562 | $176.4K | 0.00% | +562 | New |
| EverSource Wealth Advisors, LLC | 561 | $176.1K | 0.01% | +539+2,450.0% | Added |
| Covestor Ltd | 560 | $176.0K | 0.10% | +74+15.2% | Added |
| Sterling Capital Management LLC | 527 | $165.4K | 0.00% | +438+492.1% | Added |
| North Star Investment Management Corp. | 517 | $162.3K | 0.01% | 00.0% | Unchanged |
| Essential Partners LLC | 468 | $146.9K | 0.06% | +468 | New |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 466 | $146.3K | 0.02% | +148+46.5% | Added |
| Macquarie Group Ltd | 437 | $137.0K | 0.00% | +437 | New |
| GAMMA Investing LLC | 433 | $135.9K | 0.01% | −48−10.0% | Reduced |
| Signaturefd, LLC | 410 | $128.6K | 0.00% | +52+14.5% | Added |
| Farther Finance Advisors, LLC | 396 | $124.4K | 0.00% | −12−2.9% | Reduced |
| Cullen/Frost Bankers, Inc. | 375 | $117.7K | 0.00% | 00.0% | Unchanged |
| Whittier Trust Co | 355 | $111.4K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 341 | $107.0K | 0.00% | −58−14.5% | Reduced |
| Bokf, NA | 325 | $102.0K | 0.00% | −20−5.8% | Reduced |
| Brown Brothers Harriman & Co | 287 | $90.1K | 0.00% | 00.0% | Unchanged |
| Harbor Investment Advisory, LLC | 283 | $88.8K | 0.01% | 00.0% | Unchanged |
| CVA Family Office, LLC | 230 | $72.2K | 0.01% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 228 | $71.6K | 0.00% | +51+28.8% | Added |
| MAI Capital Management | 226 | $70.9K | 0.00% | +73+47.7% | Added |
| Steward Partners Investment Advisory, LLC | 199 | $62.5K | 0.00% | +5+2.6% | Added |
| Quarry LP | 195 | $61.2K | 0.01% | −126−39.3% | Reduced |
| First Horizon Advisors, Inc. | 194 | $60.9K | 0.00% | +23+13.5% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 194 | $60.7K | 0.00% | +16+9.0% | Added |
| Employees Retirement System of Texas | 184 | $58.0K | 0.00% | +184 | New |
| American National Bank | 180 | $56.5K | 0.01% | +180 | New |
| SRS Capital Advisors, Inc. | 173 | $54.3K | 0.00% | +116+203.5% | Added |
| Longview Financial Advisors LLC | 155 | $48.7K | 0.03% | 00.0% | Unchanged |