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 |
|---|---|---|---|---|---|
| Syon Capital LLC | 1,459 | $246.6K | 0.01% | −1,245−46.0% | Reduced |
| Baker Avenue Asset Management, LP | 1,452 | $245.5K | 0.01% | −169−10.4% | Reduced |
| Azzad Asset Management Inc | 1,441 | $243.6K | 0.02% | −32−2.2% | Reduced |
| Federated Hermes, Inc. | 1,440 | $243.4K | 0.00% | −478−24.9% | Reduced |
| ISAM Funds (UK) Ltd | 1,399 | $236.5K | 0.12% | +399+39.9% | Added |
| Frec Markets, Inc. | 1,389 | $234.8K | 0.04% | +1,389 | New |
| Crossmark Global Holdings, Inc. | 1,385 | $234.1K | 0.00% | +1,385 | New |
| Prelude Capital Management, LLC | 1,383 | $233.8K | 0.02% | +1,383 | New |
| Portside Wealth Group, LLC | 1,368 | $231.3K | 0.03% | −541−28.3% | Reduced |
| Two Sigma Securities, LLC | 1,363 | $230.4K | 0.03% | −1,362−50.0% | Reduced |
| CIBC Asset Management Inc | 1,355 | $229.1K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 1,328 | $224.5K | 0.00% | +467+54.2% | Added |
| DnB Asset Management AS | 1,327 | $224.3K | 0.00% | +1,327 | New |
| Armistice Capital, LLC | 1,327 | $224.3K | 0.01% | +1,327 | New |
| CIBC Bancorp USA Inc. | 1,317 | $222.7K | 0.00% | +1,317 | New |
| Baird Financial Group, Inc. | 1,313 | $222.0K | 0.00% | +1,313 | New |
| Parallel Advisors, LLC | 1,292 | $218.4K | 0.00% | −135−9.5% | Reduced |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 1,257 | $212.5K | 0.00% | +309+32.6% | Added |
| Maryland State Retirement & Pension System | 1,247 | $210.8K | 0.00% | 00.0% | Unchanged |
| Abel Hall, LLC | 1,233 | $208.4K | 0.04% | +1,233 | New |
| Oppenheimer & Co Inc | 1,219 | $206.1K | 0.00% | +1,219 | New |
| The PNC Financial Services Group, Inc. | 1,007 | $170.2K | 0.00% | +136+15.6% | Added |
| Tower Research Capital LLC (TRC) | 989 | $167.2K | 0.00% | +43+4.5% | Added |
| Quadrant Capital Group LLC | 880 | $148.8K | 0.00% | −351−28.5% | Reduced |
| Westpac Banking Corp | 834 | $141.0K | 0.01% | +316+61.0% | Added |
| TD Waterhouse Canada Inc. | 800 | $135.8K | 0.00% | +800 | New |
| Globeflex Capital L P | 780 | $131.9K | 0.02% | +780 | New |
| Rockefeller Capital Management L.P. | 768 | $129.9K | 0.00% | +381+98.4% | Added |
| MAI Capital Management | 765 | $129.3K | 0.00% | +651+571.1% | Added |
| HM Payson & Co | 700 | $118.3K | 0.00% | +100+16.7% | Added |
| KBC Group NV | 659 | $111.0K | 0.00% | 00.0% | Unchanged |
| State of Wyoming | 628 | $106.2K | 0.01% | −620−49.7% | Reduced |
| Essential Partners LLC | 627 | $106.0K | 0.04% | −304−32.7% | Reduced |
| Basecamp Wealth Advisors LLC | 619 | $104.6K | 0.02% | −2−0.3% | Reduced |
| EverSource Wealth Advisors, LLC | 616 | $104.1K | 0.00% | −203−24.8% | Reduced |
| Horizon Investments, LLC | 614 | $103.5K | 0.00% | +99+19.2% | Added |
| Exchange Traded Concepts, LLC | 610 | $103.1K | 0.00% | +95+18.4% | Added |
| Quarry LP | 595 | $100.6K | 0.02% | +406+214.8% | Added |
| Aster Capital Management (DIFC) Ltd | 322 | $96.6K | 0.03% | −405−55.7% | Reduced |
| GAMMA Investing LLC | 548 | $92.6K | 0.00% | +189+52.6% | Added |
| Allworth Financial LP | 516 | $87.2K | 0.00% | −216−29.5% | Reduced |
| STRS Ohio | 511 | $86.4K | 0.00% | −30−5.5% | Reduced |
| Umb Bank N A | 509 | $86.0K | 0.00% | +119+30.5% | Added |
| SRS Capital Advisors, Inc. | 464 | $78.4K | 0.00% | +312+205.3% | Added |
| Eurizon Capital SGR S.p.A. | 448 | $74.1K | 0.00% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 410 | $69.3K | 0.01% | −48−10.5% | Reduced |
| North Star Investment Management Corp. | 395 | $66.8K | 0.00% | −10−2.5% | Reduced |
| Steward Partners Investment Advisory, LLC | 374 | $63.2K | 0.00% | −15−3.9% | Reduced |
| Larson Financial Group LLC | 368 | $62.2K | 0.00% | +305+484.1% | Added |
| Quantbot Technologies LP | 368 | $62.2K | 0.00% | −11,806−97.0% | Reduced |
| Bokf, NA | 336 | $56.8K | 0.00% | +11+3.4% | Added |
| Sterling Capital Management LLC | 334 | $56.5K | 0.00% | −205−38.0% | Reduced |
| Farther Finance Advisors, LLC | 321 | $54.5K | 0.00% | −412−56.2% | Reduced |
| Rothschild Investment LLC | 277 | $46.8K | 0.00% | −355−56.2% | Reduced |
| CVA Family Office, LLC | 257 | $43.4K | 0.00% | +27+11.7% | Added |
| Ronald Blue Trust, Inc. | 239 | $40.4K | 0.00% | −1−0.4% | Reduced |
| IFP Advisors, Inc | 217 | $36.7K | 0.00% | −346−61.5% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 211 | $34.7K | 0.00% | −40−15.9% | Reduced |
| Massmutual Trust Co FSB | 202 | $34.1K | 0.00% | +25+14.1% | Added |
| Covestor Ltd | 198 | $34.0K | 0.02% | −118−37.3% | Reduced |
| Atlantic Union Bankshares Corp | 200 | $33.8K | 0.00% | 00.0% | Unchanged |
| Employees Retirement System of Texas | 184 | $31.0K | 0.00% | 00.0% | Unchanged |
| WPG Advisers, LLC | 181 | $30.6K | 0.02% | −4−2.2% | Reduced |
| V-Square Quantitative Management LLC | 180 | $30.4K | 0.00% | +20+12.5% | Added |
| American National Bank | 170 | $28.7K | 0.00% | 00.0% | Unchanged |
| Cassaday & Co Wealth Management LLC | 155 | $26.2K | 0.00% | +155 | New |
| ZRC Wealth Management, LLC | 151 | $25.5K | 0.01% | +88+139.7% | Added |
| Transamerica Financial Advisors, Inc. | 145 | $24.6K | 0.00% | +43+42.2% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 118 | $19.9K | 0.01% | +2+1.7% | Added |
| Pinnacle Wealth Planning Services, Inc. | 117 | $19.8K | 0.00% | +1+0.9% | Added |
| Centerpoint Advisors, LLC | 109 | $18.0K | 0.01% | +30+38.0% | Added |
| True Wealth Design, LLC | 97 | $16.4K | 0.00% | −75−43.6% | Reduced |
| Salomon & Ludwin, LLC | 94 | $16.3K | 0.00% | +94 | New |
| Owl Creek Wealth Partners LLC | 95 | $16.1K | 0.01% | +95 | New |
| Parkside Financial Bank & Trust | 93 | $15.7K | 0.00% | +58+165.7% | Added |
| Hughes Financial Services, LLC | 85 | $14.4K | 0.00% | +2+2.4% | Added |
| Private Trust Co NA | 84 | $14.2K | 0.00% | 00.0% | Unchanged |
| Bradley & Co. Private Wealth Management, LLC | 83 | $14.0K | 0.01% | 00.0% | Unchanged |
| Cedar Mountain Advisors, LLC | 77 | $13.0K | 0.00% | 00.0% | Unchanged |
| Central Trust Co | 75 | $12.7K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 65 | $11.0K | 0.00% | −2−3.0% | Reduced |
| Quent Capital, LLC | 58 | $9.80K | 0.00% | −47−44.8% | Reduced |
| Huntington National Bank | 53 | $8.96K | 0.00% | +32+152.4% | Added |
| Smartleaf Asset Management LLC | 53 | $8.73K | 0.00% | −30−36.1% | Reduced |
| Northwestern Mutual Wealth Management Co | 50 | $8.45K | 0.00% | −25−33.3% | Reduced |
| Capital Advisors, Ltd. LLC | 47 | $8.00K | 0.00% | −23−32.9% | Reduced |
| Ancora Advisors, LLC | 44 | $7.44K | 0.00% | −168−79.2% | Reduced |
| Manchester Capital Management LLC | 41 | $6.93K | 0.00% | +35+583.3% | Added |
| Creative Financial Designs Inc | 38 | $6.42K | 0.00% | +5+15.2% | Added |
| Assetmark, Inc | 33 | $5.58K | 0.00% | −1−2.9% | Reduced |
| Frazier Financial Advisors, LLC | 31 | $5.24K | 0.00% | 00.0% | Unchanged |
| Dogwood Wealth Management LLC | 28 | $4.73K | 0.00% | +8+40.0% | Added |
| Kerr Financial Planning Corp | 25 | $4.52K | 0.01% | +1+4.2% | Added |
| SJS Investment Consulting Inc. | 25 | $4.23K | 0.00% | −246−90.8% | Reduced |
| High Note Wealth, LLC | 25 | $4.23K | 0.00% | +25 | New |
| TD Private Client Wealth LLC | 23 | $3.89K | 0.00% | +9+64.3% | Added |
| Farmers & Merchants Investments Inc | 22 | $3.72K | 0.00% | 00.0% | Unchanged |
| First Horizon Corp | 21 | $3.55K | 0.00% | +18+600.0% | Added |
| Bare Financial Services, Inc | 20 | $3.38K | 0.00% | +20 | New |
| Zions Bancorporation, National Association | 19 | $3.21K | 0.00% | +1+5.6% | Added |