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 |
|---|---|---|---|---|---|
| Public Employees Retirement Association of Colorado | 2,604 | $440.0K | 0.00% | 00.0% | Unchanged |
| Chicago Partners Investment Group LLC | 2,449 | $455.9K | 0.01% | +166+7.3% | Added |
| AdvisorShares Investments LLC | 2,720 | $459.8K | 0.08% | +500+22.5% | Added |
| Merit Financial Group, LLC | 2,738 | $462.9K | 0.00% | −3,158−53.6% | Reduced |
| Acadian Asset Management LLC | 2,749 | $464.0K | 0.00% | +2,380+645.0% | Added |
| Capula Management Ltd | 2,760 | $466.6K | 0.00% | +2,760 | New |
| Pacer Advisors, Inc. | 2,780 | $470.0K | 0.00% | −104−3.6% | Reduced |
| LSV Asset Management | 2,800 | $473.0K | 0.00% | +2,800 | New |
| New York Life Investment Management LLC | 2,802 | $473.7K | 0.00% | +593+26.8% | Added |
| Mackenzie Financial Corp | 2,811 | $475.2K | 0.00% | −49−1.7% | Reduced |
| Daiwa Securities Group Inc. | 2,901 | $490.4K | 0.00% | −600−17.1% | Reduced |
| Keeler Thomas Management LLC | 2,928 | $495.0K | 0.21% | −14−0.5% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 2,973 | $497.9K | 0.00% | −688−18.8% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 2,971 | $503.7K | 0.00% | +1,570+112.1% | Added |
| Bradley Foster & Sargent Inc | 3,000 | $507.1K | 0.01% | −21−0.7% | Reduced |
| Inceptionr LLC | 3,070 | $519.0K | 0.12% | +3,070 | New |
| Sanctuary Advisors, LLC | 3,074 | $519.7K | 0.00% | +696+29.3% | Added |
| Jefferies Financial Group Inc. | 3,156 | $533.5K | 0.01% | −5,343−62.9% | Reduced |
| Aaron Wealth Advisors | 3,323 | $561.8K | 0.03% | +1,121+50.9% | Added |
| Teacher Retirement System of Texas | 3,349 | $566.1K | 0.00% | −2,737−45.0% | Reduced |
| Victory Capital Management Inc | 3,432 | $580.2K | 0.00% | −106−3.0% | Reduced |
| Johnson Investment Counsel Inc | 3,445 | $582.4K | 0.00% | −97−2.7% | Reduced |
| Occudo Quantitative Strategies LP | 3,551 | $599.1K | 0.03% | −4,676−56.8% | Reduced |
| Neuberger Berman Group LLC | 3,550 | $600.1K | 0.00% | +522+17.2% | Added |
| Gsa Capital Partners LLP | 3,576 | $605.0K | 0.04% | +3,576 | New |
| M&T Bank Corp | 3,617 | $611.5K | 0.00% | −111−3.0% | Reduced |
| RV Capital GmbH | 3,700 | $653.8K | 0.17% | +3,700 | New |
| Park Avenue Securities LLC | 3,883 | $656.0K | 0.01% | −39−1.0% | Reduced |
| Pictet Asset Management Holding SA | 4,119 | $696.3K | 0.00% | +238+6.1% | Added |
| Martin Capital Advisors, LLP | 4,202 | $710.3K | 0.45% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 4,220 | $713.0K | 0.01% | +4,001+1,826.9% | Added |
| Xponance, Inc. | 4,222 | $713.7K | 0.01% | +483+12.9% | Added |
| Ameritas Investment Partners, Inc. | 4,229 | $714.9K | 0.02% | −143−3.3% | Reduced |
| Callan Family Office, LLC | 4,269 | $721.7K | 0.02% | +1,039+32.2% | Added |
| Harbor Capital Advisors, Inc. | 4,299 | $727.0K | 0.06% | +2,159+100.9% | Added |
| Brevan Howard Capital Management LP | 4,331 | $732.2K | 0.01% | +1,802+71.3% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 4,434 | $749.6K | 0.00% | −4,330−49.4% | Reduced |
| Epoch Investment Partners, Inc. | 4,547 | $768.7K | 0.00% | −3,084−40.4% | Reduced |
| denkapparat Operations GmbH | 4,574 | $773.2K | 0.32% | +2,218+94.1% | Added |
| Magnetar Financial LLC | 4,621 | $781.2K | 0.01% | +4,621 | New |
| Oregon Public Employees Retirement Fund | 4,686 | $792.2K | 0.01% | −41−0.9% | Reduced |
| New York State Teachers Retirement System | 4,738 | $801.0K | 0.00% | −862−15.4% | Reduced |
| Bradyco, Inc. | 4,864 | $822.3K | 0.64% | 00.0% | Unchanged |
| Cetera Investment Advisers | 5,045 | $852.9K | 0.00% | −819−14.0% | Reduced |
| Ensign Peak Advisors, Inc | 5,047 | $853.2K | 0.00% | −1,428−22.1% | Reduced |
| Linden Thomas Advisory Services, LLC | 5,093 | $861.0K | 0.08% | +244+5.0% | Added |
| Northwestern Mutual Investment Management Company, LLC | 5,143 | $869.4K | 0.01% | −194−3.6% | Reduced |
| Bank of Montreal | 5,159 | $872.1K | 0.00% | +341+7.1% | Added |
| Toroso Investments, LLC | 5,178 | $875.3K | 0.00% | +2,343+82.6% | Added |
| New Mexico Educational Retirement Board | 5,200 | $879.0K | 0.03% | 00.0% | Unchanged |
| CenterBook Partners LP | 5,232 | $884.5K | 0.05% | +2,943+128.6% | Added |
| Sepio Capital, LP | 5,246 | $886.8K | 0.05% | +2,399+84.3% | Added |
| State of Michigan Retirement System | 5,500 | $929.8K | 0.00% | −100−1.8% | Reduced |
| CSS LLC | 5,510 | $931.5K | 0.05% | +3,190+137.5% | Added |
| KLP Kapitalforvaltning AS | 5,600 | $946.7K | 0.00% | +200+3.7% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,752 | $972.4K | 0.00% | −217−3.6% | Reduced |
| Wedbush Securities Inc | 5,875 | $993.0K | 0.03% | +5,875 | New |
| Fluent Financial, LLC | 5,744 | $1.01M | 0.37% | −5,947−50.9% | Reduced |
| Hunter Perkins Capital Management, LLC | 6,097 | $1.03M | 0.24% | +6,097 | New |
| Handelsbanken Fonder AB | 6,372 | $1.08M | 0.00% | 00.0% | Unchanged |
| Vanguard Investments Australia, Ltd. | 6,388 | $1.08M | 0.00% | +6,388 | New |
| Virginia Retirement Systems Et Al | 6,400 | $1.08M | 0.01% | +6,400 | New |
| Public Employees Retirement System of Ohio | 6,411 | $1.08M | 0.00% | −546−7.8% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 6,600 | $1.12M | 0.00% | −17,000−72.0% | Reduced |
| Diversify Wealth Management, LLC | 5,951 | $1.12M | 0.02% | +1,783+42.8% | Added |
| US Bancorp | 6,685 | $1.13M | 0.00% | −1,284−16.1% | Reduced |
| Louisiana State Employees Retirement System | 6,700 | $1.13M | 0.02% | +100+1.5% | Added |
| Exencial Wealth Advisors, LLC | 6,736 | $1.14M | 0.04% | +6,736 | New |
| Yousif Capital Management, LLC | 6,737 | $1.14M | 0.01% | −613−8.3% | Reduced |
| Arizona State Retirement System | 6,779 | $1.15M | 0.01% | −311−4.4% | Reduced |
| Hillsdale Investment Management Inc. | 6,810 | $1.15M | 0.03% | +6,810 | New |
| Fifth Third Bancorp | 6,933 | $1.17M | 0.00% | +6,621+2,122.1% | Added |
| JustInvest LLC | 7,025 | $1.19M | 0.01% | +1,806+34.6% | Added |
| Fox Run Management, L.L.C. | 7,278 | $1.20M | 0.21% | +2,807+62.8% | Added |
| Empire Life Investments Inc. | 7,097 | $1.20M | 0.07% | +36+0.5% | Added |
| Truist Financial Corp | 7,134 | $1.21M | 0.00% | −773−9.8% | Reduced |
| Twinbeech Capital LP | 7,350 | $1.24M | 0.13% | +7,350 | New |
| Ceera Investments, LLC | 7,436 | $1.26M | 0.55% | −665−8.2% | Reduced |
| Mercer Global Advisors Inc | 7,446 | $1.26M | 0.00% | −2,615−26.0% | Reduced |
| Bright Rock Capital Management, LLC | 7,500 | $1.27M | 0.25% | 00.0% | Unchanged |
| Redmond Asset Management, LLC | 7,705 | $1.30M | 0.36% | +150+2.0% | Added |
| Teachers Retirement System of the State of Kentucky | 7,770 | $1.31M | 0.01% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 7,608 | $1.32M | 0.00% | −3,592−32.1% | Reduced |
| Southeast Asset Advisors Inc. | 7,792 | $1.32M | 0.14% | −5,049−39.3% | Reduced |
| Level Four Advisory Services, LLC | 8,075 | $1.37M | 0.04% | +3,473+75.5% | Added |
| Captrust Financial Advisors | 8,168 | $1.38M | 0.00% | −3,377−29.3% | Reduced |
| Headlands Technologies LLC | 8,486 | $1.43M | 0.16% | −3,917−31.6% | Reduced |
| Dearborn Partners LLC | 8,680 | $1.47M | 0.08% | −75−0.9% | Reduced |
| Skopos Labs, Inc. | 8,732 | $1.48M | 0.05% | +7,416+563.5% | Added |
| Mutual of America Capital Management LLC | 8,799 | $1.49M | 0.02% | −1,129−11.4% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 8,902 | $1.50M | 0.01% | −862−8.8% | Reduced |
| MML Investors Services, LLC | 8,938 | $1.51M | 0.00% | −4,313−32.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 8,941 | $1.51M | 0.00% | +1,267+16.5% | Added |
| Pathstone Holdings, LLC | 9,066 | $1.53M | 0.01% | +1,340+17.3% | Added |
| HighTower Advisors, LLC | 9,078 | $1.53M | 0.00% | −3,836−29.7% | Reduced |
| Treasurer of the State of North Carolina | 9,144 | $1.55M | 0.00% | −331−3.5% | Reduced |
| Vanguard Global Advisers, LLC | 9,184 | $1.55M | 0.00% | +9,184 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 9,369 | $1.58M | 0.00% | −3,666−28.1% | Reduced |
| Aurora Investment Counsel | 9,525 | $1.61M | 0.89% | −71−0.7% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 9,583 | $1.62M | 0.03% | +4,926+105.8% | Added |