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, Q1 2026
Institutional positions in Morningstar, Inc. as of Mar 31, 2026. 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
- 447
- −22 vs. Q4 2025
- Shares held
- 23.6M
- +2.01M (+9.3%) vs. Q4 2025
- Total value
- $3.99B
- −$700.9M (−15.0%) vs. Q4 2025
- New holders
- 71
- 168 more added
- Sold out
- 93
- 171 more reduced
6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,338,218 | $395.3M | 0.01% | −24,983−1.1% | Reduced |
| Morgan Stanley | 1,730,549 | $292.5M | 0.02% | −275,776−13.7% | Reduced |
| Wellington Management Group LLP | 1,662,405 | $281.0M | 0.05% | +526,192+46.3% | Added |
| Vanguard Portfolio Management LLC | 1,051,820 | $177.8M | 0.01% | +1,051,820 | New |
| Vanguard Capital Management LLC | 989,467 | $167.3M | 0.00% | +989,467 | New |
| Two Sigma Investments, LP | 859,459 | $145.3M | 0.12% | +477,005+124.7% | Added |
| Bamco Inc | 759,515 | $128.4M | 0.39% | −482,279−38.8% | Reduced |
| State Street Corp | 735,574 | $124.3M | 0.00% | −11,333−1.5% | Reduced |
| Los Angeles Capital Management LLC | 645,384 | $109.1M | 0.43% | +645,273+581,327.0% | Added |
| Select Equity Group, L.P. | 637,723 | $107.8M | 0.57% | −884,769−58.1% | Reduced |
| AQR Capital Management LLC | 623,629 | $105.2M | 0.05% | −276,668−30.7% | Reduced |
| Geode Capital Management, LLC | 599,222 | $101.3M | 0.01% | +2,240+0.4% | Added |
| Dimensional Fund Advisors LP | 517,769 | $87.5M | 0.02% | +45,798+9.7% | Added |
| Renaissance Technologies LLC | 448,870 | $75.9M | 0.12% | +125,100+38.6% | Added |
| JPMorgan Chase & Co | 430,056 | $70.8M | 0.00% | +64,496+17.6% | Added |
| Arrowstreet Capital, Limited Partnership | 394,931 | $66.8M | 0.04% | +109,833+38.5% | Added |
| Jane Street Group, LLC | 333,861 | $56.4M | 0.06% | −90,410−21.3% | Reduced |
| Millennium Management LLC | 323,006 | $54.6M | 0.04% | −20,827−6.1% | Reduced |
| Invesco Ltd. | 285,130 | $48.2M | 0.00% | +13,131+4.8% | Added |
| Massachusetts Financial Services Co | 254,739 | $42.9M | 0.01% | −106,948−29.6% | Reduced |
| Charles Schwab Investment Management Inc | 213,823 | $36.1M | 0.01% | +23,898+12.6% | Added |
| Goldman Sachs Group Inc | 210,402 | $35.6M | 0.00% | +96,580+84.9% | Added |
| SEI Investments Co | 189,302 | $32.0M | 0.03% | +130,035+219.4% | Added |
| Quantinno Capital Management LP | 186,946 | $31.6M | 0.05% | −1,818−1.0% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 186,048 | $31.5M | 0.04% | +159,204+593.1% | Added |
| Bank of America Corp | 183,575 | $31.0M | 0.00% | +19,264+11.7% | Added |
| Voloridge Investment Management, LLC | 177,872 | $30.1M | 0.12% | −48,733−21.5% | Reduced |
| Confluence Investment Management LLC | 177,568 | $30.0M | 0.47% | +106,535+150.0% | Added |
| Northern Trust Corp | 175,942 | $29.7M | 0.00% | −668−0.4% | Reduced |
| Bank of New York Mellon Corp | 175,006 | $29.6M | 0.01% | +5,049+3.0% | Added |
| Royce & Associates LP | 174,275 | $29.5M | 0.29% | +31,264+21.9% | Added |
| Point72 Asset Management, L.P. | 170,909 | $28.9M | 0.05% | +24,992+17.1% | Added |
| Gotham Asset Management, LLC | 169,630 | $28.7M | 0.09% | +69,347+69.2% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 163,479 | $27.6M | 0.08% | −24,452−13.0% | Reduced |
| Ameriprise Financial Inc | 156,711 | $26.5M | 0.01% | +136,930+692.2% | Added |
| M&G Plc | 149,783 | $25.3M | 0.13% | −6,464−4.1% | Reduced |
| Vanguard Fiduciary Trust Co | 142,845 | $24.1M | 0.01% | +142,845 | New |
| Qube Research & Technologies Ltd | 139,894 | $23.6M | 0.03% | −102,394−42.3% | Reduced |
| Copeland Capital Management, LLC | 135,215 | $22.9M | 0.51% | +29,933+28.4% | Added |
| Colony Group, LLC | 134,871 | $22.8M | 0.03% | −2,033−1.5% | Reduced |
| Kensico Capital Management Corp | 135,000 | $22.8M | 0.47% | +135,000 | New |
| American Capital Management Inc | 108,340 | $18.3M | 0.98% | −4,724−4.2% | Reduced |
| Envestnet Asset Management Inc | 106,787 | $18.1M | 0.00% | +20,814+24.2% | Added |
| FMR LLC | 106,705 | $18.0M | 0.00% | −42,314−28.4% | Reduced |
| DF Dent & Co Inc | 102,371 | $17.3M | 0.33% | −43,220−29.7% | Reduced |
| Nomura Asset Management International Inc. | 91,290 | $15.4M | 0.03% | +91,290 | New |
| Janus Henderson Group PLC | 89,885 | $15.2M | 0.01% | +32,296+56.1% | Added |
| Crawford Fund Management, LLC | 89,200 | $15.1M | 4.92% | +68,900+339.4% | Added |
| Incline Global Management LLC | 88,354 | $14.9M | 5.87% | +82,076+1,307.4% | Added |
| Schroder Investment Management Group | 84,286 | $13.9M | 0.01% | −66,586−44.1% | Reduced |
| Congress Asset Management Co | 77,405 | $13.1M | 0.09% | +2,864+3.8% | Added |
| Principal Financial Group Inc | 77,073 | $13.0M | 0.01% | −10,998−12.5% | Reduced |
| Chicago Capital, LLC | 74,162 | $12.5M | 0.34% | +5,121+7.4% | Added |
| Nordea Investment Management AB | 73,169 | $12.3M | 0.01% | −3,355−4.4% | Reduced |
| Prudential Financial Inc | 65,498 | $12.0M | 0.01% | +23,334+55.3% | Added |
| UBS Group AG | 69,942 | $11.8M | 0.00% | −225,405−76.3% | Reduced |
| UBS Asset Management Americas Inc | 69,226 | $11.7M | 0.00% | +194+0.3% | Added |
| Capital Fund Management S.A. | 67,205 | $11.4M | 0.10% | +5,996+9.8% | Added |
| Stifel Financial Corp | 63,101 | $10.7M | 0.01% | +49,618+368.0% | Added |
| Barlow Wealth Partners, Inc. | 57,720 | $10.6M | 1.18% | +2,187+3.9% | Added |
| Rhumbline Advisers | 62,693 | $10.6M | 0.01% | −536−0.8% | Reduced |
| Nuveen, LLC | 60,776 | $10.3M | 0.00% | −10,311−14.5% | Reduced |
| Raymond James Financial Inc | 57,363 | $9.70M | 0.00% | +26,585+86.4% | Added |
| Meeder Asset Management Inc | 55,614 | $9.40M | 0.54% | −2,083−3.6% | Reduced |
| Canada Pension Plan Investment Board | 52,100 | $8.81M | 0.01% | +33,200+175.7% | Added |
| Loomis Sayles & Co L P | 48,981 | $8.28M | 0.01% | +41,350+541.9% | Added |
| Algert Global LLC | 48,957 | $8.28M | 0.12% | 00.0% | Unchanged |
| Swiss National Bank | 48,800 | $8.25M | 0.00% | −1,200−2.4% | Reduced |
| SG Americas Securities, LLC | 46,937 | $7.93M | 0.01% | +31,847+211.0% | Added |
| Thrivent Financial for Lutherans | 45,628 | $7.71M | 0.01% | +10,443+29.7% | Added |
| HRT Financial LP | 43,508 | $7.36M | 0.02% | −85,448−66.3% | Reduced |
| BNP Paribas Arbitrage, SA | 42,179 | $7.13M | 0.00% | +22,418+113.4% | Added |
| River Road Asset Management, LLC | 42,084 | $7.11M | 0.08% | +42,084 | New |
| Tudor Investment Corp Et Al | 40,000 | $6.76M | 0.04% | +35,290+749.3% | Added |
| Alliancebernstein L.P. | 30,966 | $6.73M | 0.00% | +4,750+18.1% | Added |
| American Century Companies Inc | 36,642 | $6.19M | 0.00% | +34,876+1,974.9% | Added |
| Worldquant Millennium Advisors LLC | 35,752 | $6.04M | 0.02% | +7,627+27.1% | Added |
| Benjamin Edwards Inc | 34,706 | $5.87M | 0.06% | +29,992+636.2% | Added |
| Panagora Asset Management Inc | 34,615 | $5.85M | 0.02% | −4,194−10.8% | Reduced |
| Creative Planning | 34,401 | $5.82M | 0.00% | +4,823+16.3% | Added |
| California Public Employees Retirement System | 33,381 | $5.64M | 0.00% | −2,088−5.9% | Reduced |
| Legal & General Group Plc | 32,696 | $5.53M | 0.00% | −6,397−16.4% | Reduced |
| California State Teachers Retirement System | 29,423 | $4.97M | 0.01% | +4,016+15.8% | Added |
| Trexquant Investment LP | 29,267 | $4.95M | 0.04% | +8,944+44.0% | Added |
| Ieq Capital, LLC | 29,135 | $4.93M | 0.02% | −22,472−43.5% | Reduced |
| Retirement Systems of Alabama | 28,146 | $4.76M | 0.02% | −483−1.7% | Reduced |
| Bank of Nova Scotia | 28,000 | $4.73M | 0.01% | −6,200−18.1% | Reduced |
| Barclays PLC | 27,950 | $4.72M | 0.00% | +4,698+20.2% | Added |
| Allspring Global Investments Holdings, LLC | 27,428 | $4.65M | 0.01% | +26,107+1,976.3% | Added |
| Allianz Asset Management GmbH | 27,104 | $4.58M | 0.01% | +10,511+63.3% | Added |
| Nicholas Company, Inc. | 26,185 | $4.43M | 0.09% | −130−0.5% | Reduced |
| Susquehanna International Group, LLP | 26,161 | $4.42M | 0.01% | −22,105−45.8% | Reduced |
| Holocene Advisors, LP | 25,983 | $4.39M | 0.01% | +25,983 | New |
| First Trust Advisors LP | 25,731 | $4.35M | 0.00% | −38,444−59.9% | Reduced |
| Caxton Associates LLP | 24,977 | $4.22M | 0.10% | +24,977 | New |
| Citadel Advisors LLC | 23,650 | $4.00M | 0.00% | +23,650 | New |
| Price T Rowe Associates Inc | 23,229 | $3.93M | 0.00% | +1,452+6.7% | Added |
| State Board of Administration of Florida Retirement System | 22,680 | $3.83M | 0.01% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 22,613 | $3.82M | 0.01% | +4,800+26.9% | Added |
| Royal Bank of Canada | 22,471 | $3.80M | 0.00% | +13,724+156.9% | Added |