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 |
|---|---|---|---|---|---|
| Nisa Investment Advisors, LLC | 18 | $3.04K | 0.00% | −45−71.4% | Reduced |
| Sachetta, LLC | 18 | $3.04K | 0.00% | +9+100.0% | Added |
| Whipplewood Advisors, LLC | 18 | $3.04K | 0.00% | +18 | New |
| Avion Wealth | 23 | $3.00K | 0.00% | +2+9.5% | Added |
| CBIZ Investment Advisory Services, LLC | 16 | $2.71K | 0.00% | −8−33.3% | Reduced |
| Atlantic Private Wealth, LLC | 16 | $2.71K | 0.00% | 00.0% | Unchanged |
| Cornerstone Planning Group LLC | 17 | $2.67K | 0.00% | +3+21.4% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 15 | $2.54K | 0.00% | 00.0% | Unchanged |
| Keating Financial Advisory Services, Inc. | 14 | $2.37K | 0.00% | +4+40.0% | Added |
| Asset Dedication, LLC | 13 | $2.20K | 0.00% | 00.0% | Unchanged |
| Wolff Wiese Magana LLC | 12 | $2.03K | 0.00% | 00.0% | Unchanged |
| Estabrook Capital Management | 12 | $2.03K | 0.00% | +12 | New |
| International Assets Investment Management, LLC | 10 | $1.70K | 0.00% | −3−23.1% | Reduced |
| Marquette Asset Management, LLC | 10 | $1.69K | 0.00% | −2−16.7% | Reduced |
| South State Corp. | 9 | $1.52K | 0.00% | +2+28.6% | Added |
| Bogart Wealth, LLC | 9 | $1.52K | 0.00% | +5+125.0% | Added |
| Clearstead Advisors, LLC | 8 | $1.35K | 0.00% | −67−89.3% | Reduced |
| Kilter Group LLC | 7 | $1.18K | 0.00% | +1+16.7% | Added |
| MV Capital Management, Inc. | 7 | $1.18K | 0.00% | +6+600.0% | Added |
| Principia Wealth Advisory, LLC | 7 | $1.18K | 0.00% | +3+75.0% | Added |
| Activest Wealth Management | 6 | $1.07K | 0.00% | −50−89.3% | Reduced |
| Private Wealth Management Group, LLC | 6 | $1.01K | 0.00% | −17−73.9% | Reduced |
| Root Financial Partners, LLC | 6 | $1.01K | 0.00% | −21−77.8% | Reduced |
| Whittier Trust Co of Nevada Inc | 5 | $883 | 0.00% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 5 | $846 | 0.00% | −17−77.3% | Reduced |
| UMA Financial Services, Inc. | 5 | $846 | 0.00% | −11−68.8% | Reduced |
| Financial Network Wealth Advisors LLC | 5 | $845 | 0.00% | −29−85.3% | Reduced |
| Cornerstone Financial Management LLC | 5 | $845 | 0.00% | 00.0% | Unchanged |
| Burk Holdings LLC | 5 | $845 | 0.00% | +5 | New |
| American Capital Advisory, LLC | 4 | $677 | 0.00% | +2+100.0% | Added |
| Quaker Wealth Management, LLC | 4 | $677 | 0.00% | +3+300.0% | Added |
| Fortitude Family Office, LLC | 4 | $676 | 0.00% | +4 | New |
| Spire Wealth Management | 4 | $617 | 0.00% | +4 | New |
| Signature Equity Partners, LLC | 3 | $510 | 0.00% | 00.0% | Unchanged |
| Breakwater Investment Management | 3 | $508 | 0.00% | +1+50.0% | Added |
| Rialto Wealth Management, LLC | 3 | $508 | 0.00% | +1+50.0% | Added |
| Torren Management, LLC | 3 | $507 | 0.00% | 00.0% | Unchanged |
| Twin Peaks Wealth Advisors, LLC | 3 | $507 | 0.00% | +3 | New |
| Highline Wealth Partners LLC | 3 | $507 | 0.00% | +3 | New |
| DiNuzzo Private Wealth, Inc. | 2 | $339 | 0.00% | −3−60.0% | Reduced |
| Rossby Financial, LCC | 2 | $339 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 2 | $338 | 0.00% | 00.0% | Unchanged |
| SHP Wealth Management | 2 | $338 | 0.00% | +2 | New |
| Cromwell Holdings LLC | 2 | $338 | 0.00% | +2 | New |
| Wealth Enhancement Trust Services, Inc. | 1 | $169 | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 1 | $169 | 0.00% | +1 | New |
| Curio Wealth, LLC | 1 | $169 | 0.00% | +1 | New |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −354,200−100.0% | Sold out |
| Wasatch Advisors Inc | 0 | $0 | 0.00% | −336,065−100.0% | Sold out |
| Premier Fund Managers Ltd | 0 | $0 | 0.00% | −56,272−100.0% | Sold out |
| Sone Capital Management, LLC | 0 | $0 | 0.00% | −43,658−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −37,343−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −34,267−100.0% | Sold out |
| Cooper Investors Pty Ltd | 0 | $0 | 0.00% | −31,887−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −30,067−100.0% | Sold out |
| Segall Bryant & Hamill, LLC | 0 | $0 | 0.00% | −23,846−100.0% | Sold out |
| Jain Global LLC | 0 | $0 | 0.00% | −15,612−100.0% | Sold out |
| Redwood Investment Management, LLC | 0 | $0 | 0.00% | −11,047−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −10,071−100.0% | Sold out |
| Oppenheimer Asset Management Inc. | 0 | $0 | 0.00% | −7,304−100.0% | Sold out |
| Kensington Investment Counsel, LLC | 0 | $0 | 0.00% | −7,100−100.0% | Sold out |
| Alberta Investment Management Corp | 0 | $0 | 0.00% | −6,300−100.0% | Sold out |
| B. Metzler seel. Sohn & Co. AG | 0 | $0 | 0.00% | −5,410−100.0% | Sold out |
| CAPROCK Group, Inc. | 0 | $0 | 0.00% | −3,925−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −3,479−100.0% | Sold out |
| Voleon Capital Management LP | 0 | $0 | 0.00% | −3,142−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −3,049−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −2,458−100.0% | Sold out |
| Axq Capital, LP | 0 | $0 | 0.00% | −2,436−100.0% | Sold out |
| RMB Capital Management, LLC | 0 | $0 | 0.00% | −2,307−100.0% | Sold out |
| Integrated Quantitative Investments LLC | 0 | $0 | 0.00% | −2,285−100.0% | Sold out |
| Brown Advisory Inc | 0 | $0 | 0.00% | −2,217−100.0% | Sold out |
| Pallas Capital Advisors LLC | 0 | $0 | 0.00% | −2,183−100.0% | Sold out |
| Buckingham Strategic Partners | 0 | $0 | 0.00% | −2,168−100.0% | Sold out |
| Krilogy Financial LLC | 0 | $0 | 0.00% | −2,174−100.0% | Sold out |
| Index Fund Advisors, Inc. | 0 | $0 | 0.00% | −2,059−100.0% | Sold out |
| Frank, Rimerman Advisors LLC | 0 | $0 | 0.00% | −1,975−100.0% | Sold out |
| Pinebridge Investments LLC | 0 | $0 | 0.00% | −1,922−100.0% | Sold out |
| Norden Group LLC | 0 | $0 | 0.00% | −1,922−100.0% | Sold out |
| Kestra Advisory Services, LLC | 0 | $0 | 0.00% | −1,792−100.0% | Sold out |
| Fieldview Capital Management, LLC | 0 | $0 | 0.00% | −1,784−100.0% | Sold out |
| Diversify Advisory Services, LLC | 0 | $0 | 0.00% | −1,728−100.0% | Sold out |
| Andina Capital Management, LLC | 0 | $0 | 0.00% | −1,662−100.0% | Sold out |
| J.W. Cole Advisors, Inc. | 0 | $0 | 0.00% | −1,645−100.0% | Sold out |
| Ballentine Partners, LLC | 0 | $0 | 0.00% | −1,636−100.0% | Sold out |
| Franklin Resources Inc | 0 | $0 | 0.00% | −1,564−100.0% | Sold out |
| AlphaCore Capital LLC | 0 | $0 | 0.00% | −1,535−100.0% | Sold out |
| Legato Capital Management LLC | 0 | $0 | 0.00% | −1,485−100.0% | Sold out |
| Connable Office Inc | 0 | $0 | 0.00% | −1,470−100.0% | Sold out |
| Sivia Capital Partners, LLC | 0 | $0 | 0.00% | −1,469−100.0% | Sold out |
| Inscription Capital, LLC | 0 | $0 | 0.00% | −1,451−100.0% | Sold out |
| Altfest L J & Co Inc | 0 | $0 | 0.00% | −1,423−100.0% | Sold out |
| SummitTX Capital, L.P. | 0 | $0 | 0.00% | −1,393−100.0% | Sold out |
| TCG Advisory Services, LLC | 0 | $0 | 0.00% | −1,365−100.0% | Sold out |
| Welch & Forbes LLC | 0 | $0 | 0.00% | −1,359−100.0% | Sold out |
| Greenleaf Trust | 0 | $0 | 0.00% | −1,340−100.0% | Sold out |
| Caerus Investment Advisors, LLC | 0 | $0 | 0.00% | −1,297−100.0% | Sold out |
| Machina Capital S.A.S. | 0 | $0 | 0.00% | −1,275−100.0% | Sold out |
| Waddell & Associates, LLC | 0 | $0 | 0.00% | −1,273−100.0% | Sold out |
| Utah Retirement Systems | 0 | $0 | 0.00% | −1,243−100.0% | Sold out |