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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
Bridgewater Associates, LP4,249$662.9K0.00%+4,249New
Martin Capital Advisors, LLP4,202$655.6K0.34%00.0%Unchanged
CAPROCK Group, Inc.4,201$655.4K0.01%+4,201New
Park Avenue Securities LLC4,198$655.0K0.00%+315+8.1%Added
Integrated Wealth Concepts LLC4,076$635.9K0.00%+1,533+60.3%Added
Ameritas Investment Partners, Inc.4,059$633.3K0.02%−170−4.0%Reduced
JustInvest LLC3,915$610.8K0.01%−3,110−44.3%Reduced
Wiley Bros.-Aintree Capital, LLC3,755$585.7K0.00%+784+26.4%Added
RV Capital GmbH3,700$577.3K0.15%00.0%Unchanged
Jefferies Financial Group Inc.3,676$573.5K0.01%+520+16.5%Added
Vinva Investment Management Ltd2,451$555.2K0.00%+2,451New
Kera Capital Partners, Inc.3,551$554.0K0.05%+950+36.5%Added
CSS LLC3,520$549.2K0.02%−1,990−36.1%Reduced
Keeler Thomas Management LLC3,348$522.4K0.19%+420+14.3%Added
Sivia Capital Partners, LLC3,339$521.0K0.06%+3,339New
Pictet Asset Management Holding SA3,326$518.9K0.00%−793−19.3%Reduced
Bank of Montreal3,305$515.6K0.00%−1,854−35.9%Reduced
Johnson Investment Counsel Inc3,305$515.6K0.00%−140−4.1%Reduced
Sanctuary Advisors, LLC3,295$514.0K0.00%+221+7.2%Added
Victory Capital Management Inc3,285$512.5K0.00%−147−4.3%Reduced
M&T Bank Corp3,277$511.3K0.00%−340−9.4%Reduced
Buckingham Strategic Partners3,206$500.2K0.00%+3,206New
Blair William & Co3,162$493.3K0.00%+1,099+53.3%Added
Fox Run Management, L.L.C.3,142$490.2K0.08%−4,136−56.8%Reduced
Larson Financial Group LLC3,050$475.9K0.01%+2,682+728.8%Added
New Age Alpha Advisors, LLC3,034$473.4K0.02%−10,530−77.6%Reduced
Bradley Foster & Sargent Inc3,000$468.1K0.01%00.0%Unchanged
MAI Capital Management2,974$464.0K0.00%+2,209+288.8%Added
Chicago Partners Investment Group LLC2,768$463.8K0.01%+319+13.0%Added
GWM Advisors LLC2,907$453.6K0.00%+1,416+95.0%Added
HRT Financial LP2,876$448.0K0.00%−40,632−93.4%Reduced
LSV Asset Management2,800$437.0K0.00%00.0%Unchanged
Federated Hermes, Inc.2,788$435.0K0.00%+1,348+93.6%Added
Apeiron RIA LLC11,767$432.5K0.11%+11,767New
AdvisorShares Investments LLC2,720$424.4K0.05%00.0%Unchanged
Occudo Quantitative Strategies LP2,717$423.9K0.02%−834−23.5%Reduced
Intrua Financial, LLC2,700$421.3K0.04%+2,700New
Teacher Retirement System of Texas2,680$418.1K0.00%−669−20.0%Reduced
Xponance, Inc.2,653$413.9K0.00%−1,569−37.2%Reduced
New York Life Investment Management LLC2,603$406.1K0.00%−199−7.1%Reduced
Public Employees Retirement Association of Colorado2,604$406.0K0.00%00.0%Unchanged
Evergreen Capital Management LLC2,582$402.8K0.01%+655+34.0%Added
Sequoia Financial Advisors, LLC2,575$401.8K0.00%+703+37.6%Added
Swiss Life Asset Management Ltd2,566$400.3K0.00%+47+1.9%Added
HB Wealth Management, LLC2,562$399.7K0.00%+796+45.1%Added
Deutsche Bank AG2,554$398.5K0.00%+219+9.4%Added
Atria Investments LLC2,519$393.0K0.00%+380+17.8%Added
Bull Harbor Capital LLC2,506$391.0K0.08%+2,506New
Pacer Advisors, Inc.2,482$387.0K0.00%−298−10.7%Reduced
iA Global Asset Management Inc.2,480$387.0K0.00%+2,480New
Daiwa Securities Group Inc.2,392$373.2K0.00%−509−17.5%Reduced
YHB Investment Advisors, Inc.2,370$369.8K0.02%−135−5.4%Reduced
Personal Cfo Solutions, LLC2,345$365.9K0.05%+505+27.4%Added
HSBC Holdings PLC2,337$363.6K0.00%−7,812−77.0%Reduced
Baker Avenue Asset Management, LP2,329$363.4K0.01%+877+60.4%Added
Hantz Financial Services, Inc.2,307$360.0K0.00%−1,913−45.3%Reduced
Tower Research Capital LLC (TRC)2,299$358.7K0.01%+1,310+132.5%Added
Federation des caisses Desjardins du Quebec2,227$347.4K0.00%+285+14.7%Added
Planning Alternatives Ltd2,138$333.6K0.04%−59−2.7%Reduced
Aaron Wealth Advisors2,102$328.0K0.02%−1,221−36.7%Reduced
Oak Thistle LLC2,099$327.5K0.03%−11,267−84.3%Reduced
Fieldview Capital Management, LLC2,090$326.1K0.09%+2,090New
Janney Montgomery Scott LLC2,045$319.0K0.00%−191−8.5%Reduced
Krilogy Financial LLC2,013$314.1K0.01%+2,013New
Commonwealth Equity Services, LLC1,989$310.4K0.00%−263−11.7%Reduced
O'Shaughnessy Asset Management, LLC1,966$306.7K0.00%−354−15.3%Reduced
TCG Advisory Services, LLC1,870$291.8K0.01%+1,870New
Spectrum Asset Management, Inc. (NB/CA)1,829$285.4K0.08%+5+0.3%Added
PEAK6 LLC1,814$283.0K0.01%+1,814New
Securian Asset Management, Inc1,627$280.6K0.01%−105−6.1%Reduced
Kornitzer Capital Management Inc1,783$278.2K0.01%−281−13.6%Reduced
Amundi1,767$275.7K0.00%−8−0.5%Reduced
Bridgefront Capital, LLC1,700$265.2K0.07%+1,700New
Pallas Capital Advisors LLC1,663$259.5K0.01%+1,663New
Caerus Investment Advisors, LLC1,658$258.7K0.09%+1,658New
Verdence Capital Advisors LLC1,624$253.3K0.01%−59−3.5%Reduced
Machina Capital S.A.S.1,602$249.9K0.04%+1,602New
HM Payson & Co1,600$249.6K0.00%+900+128.6%Added
Principal Securities, Inc.1,588$247.8K0.00%+2+0.1%Added
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management1,586$247.4K0.00%+329+26.2%Added
Catalyst Funds Management Pty Ltd1,550$241.8K0.01%+1,550New
NorthCrest Asset Manangement, LLC1,441$238.6K0.01%+1,441New
Allworth Financial LP1,505$234.8K0.00%+989+191.7%Added
VestGen Advisors, LLC1,492$232.8K0.01%+1,492New
Crestwood Advisors Group LLC1,481$231.1K0.00%+1,481New
Waddell & Associates, LLC1,470$229.3K0.01%+1,470New
J.W. Cole Advisors, Inc.1,465$228.6K0.00%+1,465New
Citizens Financial Group Inc1,450$226.2K0.00%+1,450New
Claret Asset Management Corp1,448$226.0K0.02%+1,448New
Diversify Wealth Management, LLC1,224$223.4K0.00%−4,727−79.4%Reduced
Diversify Advisory Services, LLC1,224$223.4K0.00%+1,224New
Essential Partners LLC1,331$207.7K0.10%+704+112.3%Added
DnB Asset Management AS1,327$207.0K0.00%00.0%Unchanged
111 Capital1,295$202.0K0.03%+1,295New
Nykredit A/S1,206$188.2K0.00%+1,206New
State of Wyoming1,199$187.1K0.02%+571+90.9%Added
1620 Investment Advisors, Inc.1,190$185.7K0.11%+1,190New
Parallel Advisors, LLC1,101$171.8K0.00%−191−14.8%Reduced
EverSource Wealth Advisors, LLC1,079$168.3K0.01%+463+75.2%Added
Ensign Peak Advisors, Inc1,075$167.7K0.00%−3,972−78.7%Reduced