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, Q3 2025
Institutional positions in Morningstar, Inc. as of Sep 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
- 452
- −22 vs. Q2 2025
- Shares held
- 24.9M
- −418.5K (−1.7%) vs. Q2 2025
- Total value
- $5.78B
- −$2.17B (−27.3%) vs. Q2 2025
- New holders
- 52
- 163 more added
- Sold out
- 74
- 178 more reduced
7 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Simplex Trading, LLC | 60 | $13.0K | 0.00% | +60 | New |
| Larson Financial Group LLC | 53 | $12.3K | 0.00% | +1+1.9% | Added |
| Root Financial Partners, LLC | 53 | $12.3K | 0.00% | +53 | New |
| Rise Advisors, LLC | 51 | $11.7K | 0.00% | +1+2.0% | Added |
| Optiver Holding B.V. | 46 | $10.7K | 0.00% | −32−41.0% | Reduced |
| Financial Network Wealth Advisors LLC | 46 | $10.7K | 0.01% | 00.0% | Unchanged |
| Assetmark, Inc | 43 | $9.98K | 0.00% | +40+1,333.3% | Added |
| Binnacle Investments Inc | 38 | $8.82K | 0.01% | 00.0% | Unchanged |
| Wolff Wiese Magana LLC | 37 | $8.59K | 0.00% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 35 | $8.16K | 0.00% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 33 | $7.66K | 0.00% | 00.0% | Unchanged |
| Frazier Financial Advisors, LLC | 31 | $7.19K | 0.00% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 27 | $6.26K | 0.00% | +27 | New |
| JFS Wealth Advisors, LLC | 24 | $5.57K | 0.00% | −1−4.0% | Reduced |
| Kerr Financial Planning Corp | 25 | $5.17K | 0.01% | +25 | New |
| Farmers & Merchants Investments Inc | 22 | $5.10K | 0.00% | +2+10.0% | Added |
| T. Rowe Price Investment Management, Inc. | 19 | $5.00K | 0.00% | +19 | New |
| Huntington National Bank | 20 | $4.64K | 0.00% | +5+33.3% | Added |
| Hemington Wealth Management | 18 | $4.00K | 0.00% | −19−51.4% | Reduced |
| Atlantic Private Wealth, LLC | 16 | $3.71K | 0.00% | 00.0% | Unchanged |
| CBIZ Investment Advisory Services, LLC | 16 | $3.71K | 0.00% | +15+1,500.0% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 15 | $3.48K | 0.00% | 00.0% | Unchanged |
| Asset Dedication, LLC | 13 | $3.02K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 13 | $3.02K | 0.00% | −2−13.3% | Reduced |
| TD Private Client Wealth LLC | 13 | $3.02K | 0.00% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 13 | $2.79K | 0.00% | +13 | New |
| Harbour Investments, Inc. | 12 | $2.78K | 0.00% | −21−63.6% | Reduced |
| Dogwood Wealth Management LLC | 11 | $2.55K | 0.00% | −25−69.4% | Reduced |
| Fortitude Family Office, LLC | 10 | $2.32K | 0.00% | 00.0% | Unchanged |
| Sachetta, LLC | 9 | $2.09K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 8 | $1.86K | 0.00% | −4−33.3% | Reduced |
| DiNuzzo Private Wealth, Inc. | 7 | $1.84K | 0.00% | 00.0% | Unchanged |
| Manchester Capital Management LLC | 6 | $1.39K | 0.00% | 00.0% | Unchanged |
| WealthCollab, LLC | 5 | $1.16K | 0.00% | 00.0% | Unchanged |
| Tortoise Investment Management, LLC | 5 | $1.16K | 0.00% | −8−61.5% | Reduced |
| Whittier Trust Co of Nevada Inc | 5 | $1.13K | 0.00% | 00.0% | Unchanged |
| Montag A & Associates Inc | 5 | $1.06K | 0.00% | −1−16.7% | Reduced |
| Avion Wealth | 6 | $1.00K | 0.00% | +4+200.0% | Added |
| Cromwell Holdings LLC | 4 | $929 | 0.00% | 00.0% | Unchanged |
| UMA Financial Services, Inc. | 4 | $929 | 0.00% | +4 | New |
| Quest 10 Wealth Builders, Inc. | 4 | $928 | 0.00% | −7−63.6% | Reduced |
| Bare Financial Services, Inc | 3 | $696 | 0.00% | +2+200.0% | Added |
| SJS Investment Consulting Inc. | 2 | $465 | 0.00% | −1−33.3% | Reduced |
| Addison Advisors LLC | 2 | $465 | 0.00% | 00.0% | Unchanged |
| Rialto Wealth Management, LLC | 2 | $465 | 0.00% | 00.0% | Unchanged |
| ZRC Wealth Management, LLC | 2 | $465 | 0.00% | +2 | New |
| Bay Harbor Wealth Management, LLC | 2 | $464 | 0.00% | −1−33.3% | Reduced |
| SBI Securities Co., Ltd. | 2 | $464 | 0.00% | 00.0% | Unchanged |
| South State Corp. | 1 | $233 | 0.00% | −2−66.7% | Reduced |
| Seneschal Advisors, LLC | 1 | $233 | 0.00% | +1 | New |
| Activest Wealth Management | 0 | $76 | 0.00% | 0 | Unchanged |
| Cloud Capital Management, LLC | 4 | $0 | 0.00% | +4 | New |
| Allspring Global Investments Holdings, LLC | 0 | $0 | 0.00% | −212,169−100.0% | Sold out |
| Amundi | 0 | $0 | 0.00% | −162,681−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −105,430−100.0% | Sold out |
| Toronto Dominion Bank | 0 | $0 | 0.00% | −50,640−100.0% | Sold out |
| Tribune Investment Group LP | 0 | $0 | 0.00% | −28,000−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −27,066−100.0% | Sold out |
| Edgestream Partners, L.P. | 0 | $0 | 0.00% | −20,225−100.0% | Sold out |
| Motley Fool Wealth Management, LLC | 0 | $0 | 0.00% | −19,701−100.0% | Sold out |
| Fisher Asset Management, LLC | 0 | $0 | 0.00% | −16,141−100.0% | Sold out |
| Natixis | 0 | $0 | 0.00% | −12,948−100.0% | Sold out |
| Asset Management One Co.,Ltd. | 0 | $0 | 0.00% | −9,486−100.0% | Sold out |
| Azzad Asset Management Inc | 0 | $0 | 0.00% | −8,683−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −7,046−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −5,115−100.0% | Sold out |
| Consolidated Press International Holdings Ltd | 0 | $0 | 0.00% | −4,300−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −3,794−100.0% | Sold out |
| Integrated Wealth Concepts LLC | 0 | $0 | 0.00% | −3,015−100.0% | Sold out |
| Precision Wealth Strategies, LLC | 0 | $0 | 0.00% | −2,991−100.0% | Sold out |
| Petrus Trust Company, LTA | 0 | $0 | 0.00% | −2,410−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −2,252−100.0% | Sold out |
| AE Wealth Management LLC | 0 | $0 | 0.00% | −1,740−100.0% | Sold out |
| Crossmark Global Holdings, Inc. | 0 | $0 | 0.00% | −1,510−100.0% | Sold out |
| AdvisorShares Investments LLC | 0 | $0 | 0.00% | −1,491−100.0% | Sold out |
| Nebula Research & Development LLC | 0 | $0 | 0.00% | −1,448−100.0% | Sold out |
| ClearAlpha Technologies LP | 0 | $0 | 0.00% | −1,432−100.0% | Sold out |
| Advisors Preferred, LLC | 0 | $0 | 0.00% | −1,168−100.0% | Sold out |
| Cottonwood Capital Advisors, LLC | 0 | $0 | 0.00% | −1,135−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −1,082−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −990−100.0% | Sold out |
| Seeds Investor LLC | 0 | $0 | 0.00% | −972−100.0% | Sold out |
| Laurion Capital Management LP | 0 | $0 | 0.00% | −950−100.0% | Sold out |
| Atomi Financial Group, Inc. | 0 | $0 | 0.00% | −916−100.0% | Sold out |
| Dundas Partners LLP | 0 | $0 | 0.00% | −895−100.0% | Sold out |
| Fiduciary Trust Co | 0 | $0 | 0.00% | −884−100.0% | Sold out |
| Bayforest Capital Ltd | 0 | $0 | 0.00% | −858−100.0% | Sold out |
| Cresset Asset Management, LLC | 0 | $0 | 0.00% | −811−100.0% | Sold out |
| Fifth Third Wealth Advisors LLC | 0 | $0 | 0.00% | −776−100.0% | Sold out |
| Keybank National Association | 0 | $0 | 0.00% | −772−100.0% | Sold out |
| Genesis Private Wealth, LLC | 0 | $0 | 0.00% | −758−100.0% | Sold out |
| Claret Asset Management Corp | 0 | $0 | 0.00% | −744−100.0% | Sold out |
| HBK Sorce Advisory LLC | 0 | $0 | 0.00% | −735−100.0% | Sold out |
| Forum Financial Management, LP | 0 | $0 | 0.00% | −735−100.0% | Sold out |
| Kera Capital Partners, Inc. | 0 | $0 | 0.00% | −730−100.0% | Sold out |
| Burney Co | 0 | $0 | 0.00% | −720−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −701−100.0% | Sold out |
| Everence Capital Management Inc | 0 | $0 | 0.00% | −700−100.0% | Sold out |
| Aspiriant, LLC | 0 | $0 | 0.00% | −687−100.0% | Sold out |
| Glenview Trust Co | 0 | $0 | 0.00% | −683−100.0% | Sold out |