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 |
|---|---|---|---|---|---|
| Van Eck Associates Corp | 21,956 | $3.71M | 0.00% | +764+3.6% | Added |
| Schonfeld Strategic Advisors LLC | 21,806 | $3.69M | 0.03% | +11,094+103.6% | Added |
| Vident Advisory, LLC | 21,690 | $3.67M | 0.03% | +7,261+50.3% | Added |
| XTX Topco Ltd | 21,352 | $3.61M | 0.06% | −8,760−29.1% | Reduced |
| Warren Averett Asset Management, LLC | 21,153 | $3.58M | 0.03% | +21,153 | New |
| Wells Fargo & Company | 20,391 | $3.45M | 0.00% | −2,372−10.4% | Reduced |
| D. E. Shaw & Co., Inc. | 20,348 | $3.44M | 0.00% | −2,419−10.6% | Reduced |
| Walleye Capital LLC | 20,166 | $3.41M | 0.02% | +20,166 | New |
| CI Private Wealth, LLC | 19,130 | $3.21M | 0.00% | −2,401−11.2% | Reduced |
| MidFirst Bank | 18,802 | $3.18M | 0.26% | +3,155+20.2% | Added |
| Vanguard Asset Management, Ltd | 17,997 | $3.04M | 0.00% | +17,997 | New |
| Great West Life Assurance Co | 17,115 | $2.90M | 0.01% | −1,153−6.3% | Reduced |
| State of Alaska, Department of Revenue | 16,873 | $2.85M | 0.03% | −75−0.4% | Reduced |
| ING Groep NV | 16,613 | $2.81M | 0.02% | +16,613 | New |
| Mariner, LLC | 16,524 | $2.79M | 0.00% | −455−2.7% | Reduced |
| Manufacturers Life Insurance Company, The | 16,168 | $2.73M | 0.00% | −1,616−9.1% | Reduced |
| 1832 Asset Management L.P. | 15,900 | $2.69M | 0.00% | +15,900 | New |
| LPL Financial LLC | 15,647 | $2.65M | 0.00% | +5,463+53.6% | Added |
| Berkeley, Inc | 15,566 | $2.63M | 0.88% | −1,816−10.4% | Reduced |
| Lazard Asset Management LLC | 14,737 | $2.49M | 0.00% | +2,820+23.7% | Added |
| Cerity Partners LLC | 14,688 | $2.48M | 0.00% | −1,990−11.9% | Reduced |
| Natixis Advisors, L.P. | 14,490 | $2.45M | 0.00% | +779+5.7% | Added |
| Engineers Gate Manager LP | 14,172 | $2.40M | 0.03% | −64,007−81.9% | Reduced |
| Advisory Services Network, LLC | 13,935 | $2.36M | 0.03% | +10,762+339.2% | Added |
| State of New Jersey Common Pension Fund D | 13,895 | $2.35M | 0.01% | +3,617+35.2% | Added |
| Cardinal Capital Management | 13,777 | $2.33M | 0.30% | +734+5.6% | Added |
| New Age Alpha Advisors, LLC | 13,564 | $2.29M | 0.11% | −492−3.5% | Reduced |
| Oak Thistle LLC | 13,366 | $2.26M | 0.22% | +9,831+278.1% | Added |
| Numerai GP LLC | 13,067 | $2.21M | 0.22% | +1,379+11.8% | Added |
| CWM, LLC | 12,593 | $2.13M | 0.01% | −223−1.7% | Reduced |
| Jones Financial Companies LLLP | 13,301 | $2.09M | 0.00% | +12,886+3,105.1% | Added |
| OP Asset Management Ltd | 12,147 | $2.05M | 0.02% | +4,319+55.2% | Added |
| Citigroup Inc | 12,009 | $2.03M | 0.00% | −377−3.0% | Reduced |
| MetLife Investment Management | 11,922 | $2.02M | 0.01% | −454−3.7% | Reduced |
| State of Wisconsin Investment Board | 11,840 | $2.00M | 0.00% | +2,933+32.9% | Added |
| Henshaw Capital LLC | 11,638 | $1.97M | 0.07% | −872−7.0% | Reduced |
| Jump Financial, LLC | 10,907 | $1.84M | 0.03% | −39,560−78.4% | Reduced |
| Amalgamated Bank | 10,715 | $1.81M | 0.01% | −300−2.7% | Reduced |
| Marshall Wace, LLP | 10,583 | $1.79M | 0.00% | +7,129+206.4% | Added |
| Voya Investment Management LLC | 10,543 | $1.78M | 0.00% | −1,143−9.8% | Reduced |
| New York State Common Retirement Fund | 10,355 | $1.75M | 0.00% | −2,286−18.1% | Reduced |
| HSBC Holdings PLC | 10,149 | $1.71M | 0.00% | +229+2.3% | Added |
| State of Tennessee, Treasury Department | 10,031 | $1.70M | 0.01% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 9,808 | $1.66M | 0.00% | +1,355+16.0% | Added |
| Motley Fool Asset Management LLC | 9,751 | $1.65M | 0.07% | −588−5.7% | Reduced |
| Summit Trail Advisors, LLC | 9,634 | $1.63M | 0.02% | +1,115+13.1% | Added |
| Lecap Asset Management Ltd | 9,626 | $1.63M | 0.61% | +9,626 | New |
| Y-Intercept (Hong Kong) Ltd | 9,583 | $1.62M | 0.03% | +4,926+105.8% | Added |
| Aurora Investment Counsel | 9,525 | $1.61M | 0.89% | −71−0.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 9,369 | $1.58M | 0.00% | −3,666−28.1% | Reduced |
| Vanguard Global Advisers, LLC | 9,184 | $1.55M | 0.00% | +9,184 | New |
| Treasurer of the State of North Carolina | 9,144 | $1.55M | 0.00% | −331−3.5% | Reduced |
| HighTower Advisors, LLC | 9,078 | $1.53M | 0.00% | −3,836−29.7% | Reduced |
| Pathstone Holdings, LLC | 9,066 | $1.53M | 0.01% | +1,340+17.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 8,941 | $1.51M | 0.00% | +1,267+16.5% | Added |
| MML Investors Services, LLC | 8,938 | $1.51M | 0.00% | −4,313−32.5% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 8,902 | $1.50M | 0.01% | −862−8.8% | Reduced |
| Mutual of America Capital Management LLC | 8,799 | $1.49M | 0.02% | −1,129−11.4% | Reduced |
| Skopos Labs, Inc. | 8,732 | $1.48M | 0.05% | +7,416+563.5% | Added |
| Dearborn Partners LLC | 8,680 | $1.47M | 0.08% | −75−0.9% | Reduced |
| Headlands Technologies LLC | 8,486 | $1.43M | 0.16% | −3,917−31.6% | Reduced |
| Captrust Financial Advisors | 8,168 | $1.38M | 0.00% | −3,377−29.3% | Reduced |
| Level Four Advisory Services, LLC | 8,075 | $1.37M | 0.04% | +3,473+75.5% | Added |
| Southeast Asset Advisors Inc. | 7,792 | $1.32M | 0.14% | −5,049−39.3% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 7,608 | $1.32M | 0.00% | −3,592−32.1% | Reduced |
| Teachers Retirement System of the State of Kentucky | 7,770 | $1.31M | 0.01% | 00.0% | Unchanged |
| Redmond Asset Management, LLC | 7,705 | $1.30M | 0.36% | +150+2.0% | Added |
| Bright Rock Capital Management, LLC | 7,500 | $1.27M | 0.25% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 7,446 | $1.26M | 0.00% | −2,615−26.0% | Reduced |
| Ceera Investments, LLC | 7,436 | $1.26M | 0.55% | −665−8.2% | Reduced |
| Twinbeech Capital LP | 7,350 | $1.24M | 0.13% | +7,350 | New |
| Truist Financial Corp | 7,134 | $1.21M | 0.00% | −773−9.8% | Reduced |
| Empire Life Investments Inc. | 7,097 | $1.20M | 0.07% | +36+0.5% | Added |
| Fox Run Management, L.L.C. | 7,278 | $1.20M | 0.21% | +2,807+62.8% | Added |
| JustInvest LLC | 7,025 | $1.19M | 0.01% | +1,806+34.6% | Added |
| Fifth Third Bancorp | 6,933 | $1.17M | 0.00% | +6,621+2,122.1% | Added |
| Hillsdale Investment Management Inc. | 6,810 | $1.15M | 0.03% | +6,810 | New |
| Arizona State Retirement System | 6,779 | $1.15M | 0.01% | −311−4.4% | Reduced |
| Yousif Capital Management, LLC | 6,737 | $1.14M | 0.01% | −613−8.3% | Reduced |
| Exencial Wealth Advisors, LLC | 6,736 | $1.14M | 0.04% | +6,736 | New |
| Louisiana State Employees Retirement System | 6,700 | $1.13M | 0.02% | +100+1.5% | Added |
| US Bancorp | 6,685 | $1.13M | 0.00% | −1,284−16.1% | Reduced |
| Diversify Wealth Management, LLC | 5,951 | $1.12M | 0.02% | +1,783+42.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 6,600 | $1.12M | 0.00% | −17,000−72.0% | Reduced |
| Public Employees Retirement System of Ohio | 6,411 | $1.08M | 0.00% | −546−7.8% | Reduced |
| Virginia Retirement Systems Et Al | 6,400 | $1.08M | 0.01% | +6,400 | New |
| Vanguard Investments Australia, Ltd. | 6,388 | $1.08M | 0.00% | +6,388 | New |
| Handelsbanken Fonder AB | 6,372 | $1.08M | 0.00% | 00.0% | Unchanged |
| Hunter Perkins Capital Management, LLC | 6,097 | $1.03M | 0.24% | +6,097 | New |
| Fluent Financial, LLC | 5,744 | $1.01M | 0.37% | −5,947−50.9% | Reduced |
| Wedbush Securities Inc | 5,875 | $993.0K | 0.03% | +5,875 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,752 | $972.4K | 0.00% | −217−3.6% | Reduced |
| KLP Kapitalforvaltning AS | 5,600 | $946.7K | 0.00% | +200+3.7% | Added |
| CSS LLC | 5,510 | $931.5K | 0.05% | +3,190+137.5% | Added |
| State of Michigan Retirement System | 5,500 | $929.8K | 0.00% | −100−1.8% | Reduced |
| Sepio Capital, LP | 5,246 | $886.8K | 0.05% | +2,399+84.3% | Added |
| CenterBook Partners LP | 5,232 | $884.5K | 0.05% | +2,943+128.6% | Added |
| New Mexico Educational Retirement Board | 5,200 | $879.0K | 0.03% | 00.0% | Unchanged |
| Toroso Investments, LLC | 5,178 | $875.3K | 0.00% | +2,343+82.6% | Added |
| Bank of Montreal | 5,159 | $872.1K | 0.00% | +341+7.1% | Added |