Morningstar, Inc.

MORN

Exchange: Nasdaq
Industry: Investment Advice
SEC CIK: 0001289419

SEC filings (opens in a new tab)

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, Q3 2026

Institutional positions in Morningstar, Inc. as of Sep 30, 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

Q3 2026 data is still coming in (13F filing deadline: Nov 16, 2026), so these numbers are incomplete.

Institutional holders: 6; +1 vs. Q2 2026
Shares held: 157.8K; −17.1K (−9.8%) vs. Q2 2026
Total value: $30.0M; +$2.70M (+9.9%) vs. Q2 2026
New holders: 1; 0 more added
Sold out: 0; 4 more reduced

415 institutions that held it in Q2 2026 haven't filed for Q3 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2026: 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.

Institutional holders

Value held

Institutions holding MORN and their total value by quarter
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, Q3 2026

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q2 2026.

Institutions holding MORN in Q3 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
Lazard Asset Management LLC	–	–	–	–	Not filed
Wealth Enhancement Advisory Services, LLC	–	–	–	–	Not filed
Numerai GP LLC	–	–	–	–	Not filed
Susquehanna International Group, LLP	–	–	–	–	Not filed
Citigroup Inc	–	–	–	–	Not filed
Acadian Asset Management LLC	–	–	–	–	Not filed
Great West Life Assurance Co	–	–	–	–	Not filed
Axxcess Wealth Management, LLC	–	–	–	–	Not filed
Vanguard Asset Management, Ltd	–	–	–	–	Not filed
Worldquant Millennium Advisors LLC	–	–	–	–	Not filed
Colony Group, LLC	–	–	–	–	Not filed
Manufacturers Life Insurance Company, The	–	–	–	–	Not filed
BNP Paribas Arbitrage, SA	–	–	–	–	Not filed
Berkeley, Inc	–	–	–	–	Not filed
Thrivent Financial for Lutherans	–	–	–	–	Not filed
State of Wisconsin Investment Board	–	–	–	–	Not filed
Cardinal Capital Management	–	–	–	–	Not filed
Schonfeld Strategic Advisors LLC	–	–	–	–	Not filed
Fluent Financial, LLC	–	–	–	–	Not filed
Redwood Investment Management, LLC	–	–	–	–	Not filed
Franklin Resources Inc	–	–	–	–	Not filed
Quantbot Technologies LP	–	–	–	–	Not filed
Royal Bank of Canada	–	–	–	–	Not filed
Advisory Services Network, LLC	–	–	–	–	Not filed
MML Investors Services, LLC	–	–	–	–	Not filed
LPL Financial LLC	–	–	–	–	Not filed
New York State Common Retirement Fund	–	–	–	–	Not filed
Azzad Asset Management Inc	–	–	–	–	Not filed
Henshaw Capital LLC	–	–	–	–	Not filed
Captrust Financial Advisors	–	–	–	–	Not filed
Meeder Asset Management Inc	–	–	–	–	Not filed
Universal- Beteiligungs- und Servicegesellschaft mbH	–	–	–	–	Not filed
CI Private Wealth, LLC	–	–	–	–	Not filed
Voya Investment Management LLC	–	–	–	–	Not filed
MetLife Investment Management	–	–	–	–	Not filed
Raymond James Financial Inc	–	–	–	–	Not filed
Summit Trail Advisors, LLC	–	–	–	–	Not filed
Amalgamated Bank	–	–	–	–	Not filed
State of Tennessee, Treasury Department	–	–	–	–	Not filed
Brevan Howard Capital Management LP	–	–	–	–	Not filed
Aurora Investment Counsel	–	–	–	–	Not filed
Jones Financial Companies LLLP	–	–	–	–	Not filed
Virginia Retirement Systems Et Al	–	–	–	–	Not filed
Motley Fool Asset Management LLC	–	–	–	–	Not filed
Savant Capital, LLC	–	–	–	–	Not filed
SRS Capital Advisors, Inc.	–	–	–	–	Not filed
Advisor Group Holdings, Inc.	–	–	–	–	Not filed
Linden Thomas Advisory Services, LLC	–	–	–	–	Not filed
Police & Firemen's Retirement System of New Jersey	–	–	–	–	Not filed
Caisse de Depot Et Placement du Quebec	–	–	–	–	Not filed
Dearborn Partners LLC	–	–	–	–	Not filed
Treasurer of the State of North Carolina	–	–	–	–	Not filed
Vanguard Global Advisers, LLC	–	–	–	–	Not filed
Mutual of America Capital Management LLC	–	–	–	–	Not filed
HighTower Advisors, LLC	–	–	–	–	Not filed
Russell Investments Group, Ltd.	–	–	–	–	Not filed
Level Four Advisory Services, LLC	–	–	–	–	Not filed
Hillsdale Investment Management Inc.	–	–	–	–	Not filed
Teachers Retirement System of the State of Kentucky	–	–	–	–	Not filed
Redmond Asset Management, LLC	–	–	–	–	Not filed
Zurich Insurance Group Ltd	–	–	–	–	Not filed
Pathstone Holdings, LLC	–	–	–	–	Not filed
Ceera Investments, LLC	–	–	–	–	Not filed
Empire Life Investments Inc.	–	–	–	–	Not filed
Zurcher Kantonalbank (Zurich Cantonalbank)	–	–	–	–	Not filed
New York State Teachers Retirement System	–	–	–	–	Not filed
Mosaic Family Wealth Partners, LLC	–	–	–	–	Not filed
Hunter Perkins Capital Management, LLC	–	–	–	–	Not filed
Allspring Global Investments Holdings, LLC	–	–	–	–	Not filed
State of New Jersey Common Pension Fund D	–	–	–	–	Not filed
denkapparat Operations GmbH	–	–	–	–	Not filed
Jump Financial, LLC	–	–	–	–	Not filed
Louisiana State Employees Retirement System	–	–	–	–	Not filed
Truist Financial Corp	–	–	–	–	Not filed
US Bancorp	–	–	–	–	Not filed
Handelsbanken Fonder AB	–	–	–	–	Not filed
Yousif Capital Management, LLC	–	–	–	–	Not filed
Mitsubishi UFJ Trust & Banking Corp	–	–	–	–	Not filed
Cetera Investment Advisers	–	–	–	–	Not filed
Wedbush Securities Inc	–	–	–	–	Not filed
Fifth Third Bancorp	–	–	–	–	Not filed
Public Employees Retirement System of Ohio	–	–	–	–	Not filed
Toroso Investments, LLC	–	–	–	–	Not filed
D. E. Shaw & Co., Inc.	–	–	–	–	Not filed
Arizona State Retirement System	–	–	–	–	Not filed
Callan Family Office, LLC	–	–	–	–	Not filed
Commonwealth of Pennsylvania Public School Empls Retrmt Sys	–	–	–	–	Not filed
Brighton Jones LLC	–	–	–	–	Not filed
Sepio Capital, LP	–	–	–	–	Not filed
Vanguard Investments Australia, Ltd.	–	–	–	–	Not filed
State of Michigan Retirement System	–	–	–	–	Not filed
New Mexico Educational Retirement Board	–	–	–	–	Not filed
Quinn Opportunity Partners LLC	–	–	–	–	Not filed
Northwestern Mutual Investment Management Company, LLC	–	–	–	–	Not filed
Bradyco, Inc.	–	–	–	–	Not filed
Neuberger Berman Group LLC	–	–	–	–	Not filed
Rothschild Investment LLC	–	–	–	–	Not filed
KLP Kapitalforvaltning AS	–	–	–	–	Not filed
Merit Financial Group, LLC	–	–	–	–	Not filed
Oregon Public Employees Retirement Fund	–	–	–	–	Not filed