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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, Q2 2026

Institutional positions in Morningstar, Inc. as of Jun 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

Institutional holders
420
−22 vs. Q1 2026
Shares held
24.3M
+808.6K (+3.4%) vs. Q1 2026
Total value
$3.79B
−$180.1M (−4.5%) vs. Q1 2026
New holders
69
131 more added
Sold out
91
173 more reduced

5 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 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 holdersQ2 2026: 420 institutions
Q1 2021: 309 institutionsQ2 2021: 295 institutionsQ3 2021: 318 institutionsQ4 2021: 341 institutionsQ1 2022: 336 institutionsQ2 2022: 325 institutionsQ3 2022: 311 institutionsQ4 2022: 318 institutionsQ1 2023: 302 institutionsQ2 2023: 294 institutionsQ3 2023: 325 institutionsQ4 2023: 353 institutionsQ1 2024: 385 institutionsQ2 2024: 393 institutionsQ3 2024: 412 institutionsQ4 2024: 451 institutionsQ1 2025: 464 institutionsQ2 2025: 481 institutionsQ3 2025: 452 institutionsQ4 2025: 475 institutionsQ1 2026: 447 institutionsQ2 2026: 420 institutions
Value heldQ2 2026: $3.79B
Q1 2021: $4.83BQ2 2021: $5.62BQ3 2021: $5.83BQ4 2021: $7.92BQ1 2022: $6.41BQ2 2022: $5.67BQ3 2022: $4.99BQ4 2022: $5.14BQ1 2023: $4.85BQ2 2023: $4.79BQ3 2023: $6.17BQ4 2023: $7.22BQ1 2024: $7.92BQ2 2024: $7.63BQ3 2024: $8.25BQ4 2024: $8.67BQ1 2025: $7.57BQ2 2025: $8.05BQ3 2025: $5.78BQ4 2025: $5.27BQ1 2026: $3.99BQ2 2026: $3.79B
Institutions holding MORN and their total value by quarter
QuarterHoldersValue
Q2 2026420$3.79B
Q1 2026447$3.99B
Q4 2025475$5.27B
Q3 2025452$5.78B
Q2 2025481$8.05B
Q1 2025464$7.57B
Q4 2024451$8.67B
Q3 2024412$8.25B
Q2 2024393$7.63B
Q1 2024385$7.92B
Q4 2023353$7.22B
Q3 2023325$6.17B
Q2 2023294$4.79B
Q1 2023302$4.85B
Q4 2022318$5.14B
Q3 2022311$4.99B
Q2 2022325$5.67B
Q1 2022336$6.41B
Q4 2021341$7.92B
Q3 2021318$5.83B
Q2 2021295$5.62B
Q1 2021309$4.83B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q1 2026.

Institutions holding MORN in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Acadian Asset Management LLC17,082$2.66M0.00%+14,333+521.4%Added
Great West Life Assurance Co16,740$2.61M0.00%−375−2.2%Reduced
Axxcess Wealth Management, LLC16,454$2.57M0.04%+16,454New
Vanguard Asset Management, Ltd16,054$2.50M0.00%−1,943−10.8%Reduced
Worldquant Millennium Advisors LLC15,895$2.48M0.01%−19,857−55.5%Reduced
Colony Group, LLC15,867$2.48M0.00%−119,004−88.2%Reduced
Manufacturers Life Insurance Company, The15,846$2.47M0.00%−322−2.0%Reduced
BNP Paribas Arbitrage, SA15,258$2.38M0.00%−26,921−63.8%Reduced
Berkeley, Inc15,202$2.37M0.74%−364−2.3%Reduced
Thrivent Financial for Lutherans15,098$2.35M0.00%−30,530−66.9%Reduced
State of Wisconsin Investment Board15,090$2.35M0.00%+3,250+27.4%Added
Cardinal Capital Management15,051$2.35M0.28%+1,274+9.2%Added
Schonfeld Strategic Advisors LLC14,919$2.33M0.01%−6,887−31.6%Reduced
Fluent Financial, LLC14,362$2.24M0.80%+8,618+150.0%Added
Redwood Investment Management, LLC13,997$2.18M0.22%+13,997New
Franklin Resources Inc13,634$2.13M0.00%+13,634New
Quantbot Technologies LP13,602$2.12M0.08%+13,234+3,596.2%Added
Royal Bank of Canada13,567$2.12M0.00%−8,904−39.6%Reduced
Advisory Services Network, LLC13,457$2.10M0.02%−478−3.4%Reduced
MML Investors Services, LLC12,816$2.00M0.00%+3,878+43.4%Added
LPL Financial LLC12,407$1.94M0.00%−3,240−20.7%Reduced
New York State Common Retirement Fund11,955$1.87M0.00%+1,600+15.5%Added
Azzad Asset Management Inc11,779$1.84M0.16%+10,338+717.4%Added
Henshaw Capital LLC11,672$1.82M0.06%+34+0.3%Added
Captrust Financial Advisors11,372$1.77M0.00%+3,204+39.2%Added
Meeder Asset Management Inc11,232$1.75M0.09%−44,382−79.8%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH10,827$1.69M0.00%+6,393+144.2%Added
CI Private Wealth, LLC10,796$1.68M0.00%−8,334−43.6%Reduced
Voya Investment Management LLC10,735$1.67M0.00%+192+1.8%Added
MetLife Investment Management10,625$1.66M0.01%−1,297−10.9%Reduced
Raymond James Financial Inc10,301$1.61M0.00%−47,062−82.0%Reduced
Summit Trail Advisors, LLC9,943$1.55M0.02%+309+3.2%Added
Amalgamated Bank9,900$1.54M0.01%−815−7.6%Reduced
State of Tennessee, Treasury Department9,854$1.54M0.00%−177−1.8%Reduced
Brevan Howard Capital Management LP9,535$1.49M0.02%+5,204+120.2%Added
Aurora Investment Counsel9,515$1.48M0.76%−10−0.1%Reduced
Jones Financial Companies LLLP9,548$1.48M0.00%−3,753−28.2%Reduced
Virginia Retirement Systems Et Al9,400$1.47M0.01%+3,000+46.9%Added
Motley Fool Asset Management LLC9,373$1.46M0.06%−378−3.9%Reduced
Savant Capital, LLC7,400$1.44M0.00%+7,400New
SRS Capital Advisors, Inc.8,810$1.37M0.01%+8,346+1,798.7%Added
Advisor Group Holdings, Inc.8,718$1.36M0.00%−13,895−61.4%Reduced
Linden Thomas Advisory Services, LLC8,686$1.36M0.11%+3,593+70.5%Added
Police & Firemen's Retirement System of New Jersey8,660$1.35M0.01%−242−2.7%Reduced
Caisse de Depot Et Placement du Quebec8,600$1.34M0.00%+7,000+437.5%Added
Dearborn Partners LLC8,465$1.32M0.07%−215−2.5%Reduced
Treasurer of the State of North Carolina8,294$1.29M0.00%−850−9.3%Reduced
Vanguard Global Advisers, LLC8,245$1.29M0.00%−939−10.2%Reduced
Mutual of America Capital Management LLC8,163$1.27M0.01%−636−7.2%Reduced
HighTower Advisors, LLC7,933$1.24M0.00%−1,145−12.6%Reduced
Russell Investments Group, Ltd.7,900$1.23M0.00%−1,908−19.5%Reduced
Level Four Advisory Services, LLC7,818$1.22M0.03%−257−3.2%Reduced
Hillsdale Investment Management Inc.7,810$1.22M0.03%+1,000+14.7%Added
Teachers Retirement System of the State of Kentucky7,770$1.21M0.01%00.0%Unchanged
Redmond Asset Management, LLC7,681$1.20M0.30%−24−0.3%Reduced
Bright Rock Capital Management, LLC7,500$1.17M0.23%00.0%Unchanged
Zurich Insurance Group Ltd7,500$1.17M0.01%+7,500New
Pathstone Holdings, LLC7,275$1.13M0.00%−1,791−19.8%Reduced
Ceera Investments, LLC7,136$1.11M0.47%−300−4.0%Reduced
Empire Life Investments Inc.7,122$1.11M0.06%+25+0.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)7,031$1.10M0.00%−1,910−21.4%Reduced
New York State Teachers Retirement System6,970$1.09M0.00%+2,232+47.1%Added
Mosaic Family Wealth Partners, LLC6,878$1.07M0.07%+6,878New
Hunter Perkins Capital Management, LLC6,705$1.05M0.23%+608+10.0%Added
Allspring Global Investments Holdings, LLC6,393$1.04M0.00%−21,035−76.7%Reduced
State of New Jersey Common Pension Fund D6,624$1.03M0.00%−7,271−52.3%Reduced
denkapparat Operations GmbH6,596$1.03M0.34%+2,022+44.2%Added
Jump Financial, LLC6,520$1.02M0.01%−4,387−40.2%Reduced
Louisiana State Employees Retirement System6,500$1.01M0.02%−200−3.0%Reduced
Truist Financial Corp6,481$1.01M0.00%−653−9.2%Reduced
US Bancorp6,407$999.6K0.00%−278−4.2%Reduced
Handelsbanken Fonder AB6,372$994.0K0.00%00.0%Unchanged
Yousif Capital Management, LLC6,087$949.7K0.01%−650−9.6%Reduced
Mitsubishi UFJ Trust & Banking Corp6,085$949.4K0.00%+6,085New
Cetera Investment Advisers6,082$948.9K0.00%+1,037+20.6%Added
Wedbush Securities Inc6,031$941.0K0.02%+156+2.7%Added
Fifth Third Bancorp5,905$921.3K0.00%−1,028−14.8%Reduced
Public Employees Retirement System of Ohio5,785$902.6K0.00%−626−9.8%Reduced
Toroso Investments, LLC5,653$882.0K0.00%+475+9.2%Added
D. E. Shaw & Co., Inc.5,594$872.8K0.00%−14,754−72.5%Reduced
Arizona State Retirement System5,580$870.6K0.00%−1,199−17.7%Reduced
Callan Family Office, LLC5,421$845.8K0.02%+1,152+27.0%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys5,280$823.8K0.00%−472−8.2%Reduced
Brighton Jones LLC5,249$819.0K0.02%+3,456+192.7%Added
Sepio Capital, LP5,235$816.8K0.04%−11−0.2%Reduced
Vanguard Investments Australia, Ltd.5,212$813.2K0.00%−1,176−18.4%Reduced
State of Michigan Retirement System5,200$811.3K0.00%−300−5.5%Reduced
New Mexico Educational Retirement Board5,200$811.0K0.02%00.0%Unchanged
Quinn Opportunity Partners LLC5,000$780.1K0.04%+5,000New
Northwestern Mutual Investment Management Company, LLC4,961$774.0K0.01%−182−3.5%Reduced
Bradyco, Inc.4,864$758.9K0.87%00.0%Unchanged
Neuberger Berman Group LLC4,803$749.4K0.00%+1,253+35.3%Added
Rothschild Investment LLC4,633$722.8K0.03%+4,356+1,572.6%Added
KLP Kapitalforvaltning AS4,600$717.7K0.00%−1,000−17.9%Reduced
Merit Financial Group, LLC4,590$716.1K0.00%+1,852+67.6%Added
Oregon Public Employees Retirement Fund4,586$715.5K0.01%−100−2.1%Reduced
Advisors Preferred, LLC4,259$706.7K0.11%+4,259New
AlphaGrep UK Ltd4,414$688.7K0.21%+1,871+73.6%Added
OP Asset Management Ltd4,386$684.3K0.01%−7,761−63.9%Reduced
Harbor Capital Advisors, Inc.4,278$667.0K0.05%−21−0.5%Reduced