Morningstar, Inc. (MORN) — Institutional Holders, Q2 2026

421 institutional investment managers reported a MORN position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $3.8B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← MORN stock profile

MORN in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

128

Trimmed

173

Sold out

Biggest buyers

BAMCOAdded · +2,739,631 sh+$427.4M
AQR CAPITAL MANAGEMENTAdded · +680,759 sh+$106.2M
BROOKFIELDNew · +156,792 sh+$24.5M
KENSICO CAPITAL MANAGEMENTAdded · +149,100 sh+$23.3M
UBS Group AGAdded · +139,133 sh+$21.7M

Biggest sellers

Select Equity Group, L.P.Sold out · -637,723 sh-$99.5M
TWO SIGMA INVESTMENTSTrimmed · -375,210 sh-$58.5M
BlackRockTrimmed · -256,482 sh-$40.0M
MORGAN STANLEYTrimmed · -246,414 sh-$38.4M
RENAISSANCE TECHNOLOGIESTrimmed · -210,100 sh-$32.8M

MORN 13F holders ranked 1–100 of 421

Institutional investors reporting a position in Morningstar, Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BAMCO#1 · 3,499,146 sh	3,499,146	$545.9M	0.82%	+360.7%
2	BlackRock#2 · 2,081,736 sh	2,081,736	$324.8M	<0.01%	-11.0%
3	WELLINGTON MANAGEMENT GROUP LLP#3 · 1,493,037 sh	1,493,037	$232.9M	0.04%	-10.2%
4	MORGAN STANLEY#4 · 1,484,135 sh	1,484,135	$231.6M	0.01%	-14.2%
5	AQR CAPITAL MANAGEMENT#5 · 1,304,388 sh	1,304,388	$203.5M	0.07%	+109.2%
6	VANGUARD PORTFOLIO MANAGEMENT#6 · 950,075 sh	950,075	$148.2M	<0.01%	-9.7%
7	VANGUARD CAPITAL MANAGEMENT#7 · 894,406 sh	894,406	$139.5M	<0.01%	-9.6%
8	STATE STREET#8 · 716,473 sh	716,473	$111.8M	<0.01%	-2.6%
9	GEODE CAPITAL MANAGEMENT#9 · 578,315 sh	578,315	$90.2M	<0.01%	-3.5%
10	DIMENSIONAL FUND ADVISORS#10 · 561,857 sh	561,857	$87.7M	0.02%	+8.5%
11	LOS ANGELES CAPITAL MANAGEMENT#11 · 557,955 sh	557,955	$87.1M	0.32%	-13.5%
12	TWO SIGMA INVESTMENTS#12 · 484,249 sh	484,249	$75.6M	0.05%	-43.7%
13	JANE STREET GROUP#13 · 431,301 sh	431,301	$67.3M	<0.01%	+29.2%
14	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#14 · 420,742 sh	420,742	$65.6M	0.03%	+6.5%
15	KENSICO CAPITAL MANAGEMENT#15 · 284,100 sh	284,100	$44.3M	0.76%	+110.4%
16	Invesco Ltd.#16 · 259,287 sh	259,287	$40.5M	<0.01%	-9.1%
17	MASSACHUSETTS FINANCIAL SERVICES#17 · 244,324 sh	244,324	$37.9M	0.01%	-4.1%
18	RENAISSANCE TECHNOLOGIES#18 · 238,770 sh	238,770	$37.3M	0.05%	-46.8%
19	JPMORGAN CHASE#19 · 236,316 sh	236,316	$37.0M	<0.01%	-45.0%
20	Bank of New York Mellon#20 · 232,481 sh	232,481	$36.3M	<0.01%	+32.8%
21	Copeland Capital Management#21 · 229,546 sh	229,546	$35.8M	—	+69.8%
22	UBS Group AG#22 · 209,075 sh	209,075	$32.6M	<0.01%	+198.9%
23	CHARLES SCHWAB INVESTMENT MANAGEMENT#23 · 206,136 sh	206,136	$32.2M	<0.01%	-3.6%
24	Quantinno Capital Management#24 · 203,220 sh	203,220	$31.7M	0.04%	+8.7%
25	BANK OF AMERICA#25 · 192,610 sh	192,610	$30.1M	<0.01%	+4.9%
26	BNP Paribas Asset Management Holding S.A.#26 · 191,181 sh	191,181	$29.8M	0.03%	+2.8%
27	FMR#27 · 180,968 sh	180,968	$28.2M	<0.01%	+69.6%
28	GOLDMAN SACHS GROUP#28 · 179,184 sh	179,184	$28.0M	<0.01%	-14.8%
29	NORTHERN#29 · 169,919 sh	169,919	$26.5M	<0.01%	-3.4%
30	CONFLUENCE INVESTMENT MANAGEMENT#30 · 166,257 sh	166,257	$25.9M	—	-6.4%
31	MILLENNIUM MANAGEMENT#31 · 162,620 sh	162,620	$25.4M	<0.01%	-49.7%
32	VOLORIDGE INVESTMENT MANAGEMENT#32 · 162,073 sh	162,073	$25.3M	0.11%	-8.9%
33	BROOKFIELD#33 · 156,792 sh	156,792	$24.5M	0.03%	New
34	NORGES BANK#34 · 155,686 sh	155,686	$24.3M	<0.01%	—
35	NORDEA INVESTMENT MANAGEMENT AB#35 · 147,892 sh	147,892	$22.9M	0.02%	+102.1%
36	ROYCE & ASSOCIATES#36 · 144,996 sh	144,996	$22.6M	0.18%	-16.8%
37	Gotham Asset Management#37 · 142,299 sh	142,299	$22.2M	0.05%	-16.1%
38	VANGUARD FIDUCIARY#38 · 136,878 sh	136,878	$21.4M	<0.01%	-4.2%
39	AMERIPRISE FINANCIAL#39 · 136,872 sh	136,872	$21.4M	<0.01%	-12.7%
40	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT#40 · 124,542 sh	124,542	$19.4M	0.06%	-23.8%
41	ENVESTNET ASSET MANAGEMENT#41 · 118,347 sh	118,347	$18.5M	<0.01%	+10.8%
42	AMERICAN CAPITAL MANAGEMENT#42 · 114,947 sh	114,947	$17.9M	0.80%	+6.1%
43	SEI INVESTMENTS#43 · 112,779 sh	112,779	$17.6M	0.02%	-40.4%
44	Crawford Fund Management#44 · 109,500 sh	109,500	$17.1M	2.62%	+22.8%
45	DF DENT#45 · 106,374 sh	106,374	$16.6M	0.31%	+3.9%
46	Jupiter Topco#46 · 91,390 sh	91,390	$14.3M	<0.01%	—
47	PRINCIPAL FINANCIAL GROUP#47 · 76,156 sh	76,156	$11.9M	<0.01%	-1.2%
48	TUDOR INVESTMENT ET AL#48 · 76,095 sh	76,095	$11.9M	0.02%	+90.2%
49	Candriam S.C.A.#49 · 74,445 sh	74,445	$11.6M	0.05%	New
50	CAPITAL FUND MANAGEMENT S.A.#50 · 69,077 sh	69,077	$10.8M	0.05%	+2.8%
51	STIFEL FINANCIAL#51 · 67,188 sh	67,188	$10.5M	<0.01%	+6.5%
52	LOOMIS SAYLES & L P#52 · 64,876 sh	64,876	$10.1M	0.01%	+32.5%
53	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#53 · 61,984 sh	61,984	$9.7M	<0.01%	-10.5%
54	PRUDENTIAL FINANCIAL#54 · 61,498 sh	61,498	$9.6M	0.01%	-6.1%
55	Chicago Capital#55 · 60,972 sh	60,972	$9.5M	—	-17.8%
56	BARLOW WEALTH PARTNERS#56 · 57,602 sh	57,602	$9.5M	—	-0.2%
57	RHUMBLINE ADVISERS#57 · 55,898 sh	55,898	$8.7M	<0.01%	-10.8%
58	NOMURA ASSET MANAGEMENT INTERNATIONAL#58 · 54,859 sh	54,859	$8.6M	0.01%	-39.9%
59	IEQ CAPITAL#59 · 53,907 sh	53,907	$8.4M	0.04%	+85.0%
60	CANADA PENSION PLAN INVESTMENT BOARD#60 · 50,700 sh	50,700	$7.9M	<0.01%	-2.7%
61	Nuveen#61 · 49,783 sh	49,783	$7.8M	<0.01%	-18.1%
62	Mariner#62 · 49,671 sh	49,671	$7.7M	<0.01%	+200.6%
63	SG Americas Securities#63 · 48,845 sh	48,845	$7.6M	<0.01%	+4.1%
64	Squarepoint Ops#64 · 47,742 sh	47,742	$7.4M	<0.01%	New
65	ALLIANCEBERNSTEIN L.P.#65 · 41,088 sh	41,088	$6.9M	<0.01%	+32.7%
66	FIRST ADVISORS#66 · 44,475 sh	44,475	$6.9M	<0.01%	+72.8%
67	Swiss National Bank#67 · 40,600 sh	40,600	$6.3M	<0.01%	-16.8%
68	Engineers Gate Manager#68 · 39,989 sh	39,989	$6.2M	0.08%	+182.2%
69	ALGERT GLOBAL#69 · 35,197 sh	35,197	$5.5M	0.07%	-28.1%
70	Creative Planning#70 · 34,701 sh	34,701	$5.4M	<0.01%	+0.9%
71	AMERICAN CENTURY COMPANIES#71 · 33,811 sh	33,811	$5.3M	<0.01%	-7.7%
72	BENJAMIN EDWARDS#72 · 33,499 sh	33,499	$5.2M	0.05%	-3.5%
73	Point72 Asset Management, L.P.#73 · 32,754 sh	32,754	$5.1M	<0.01%	-80.8%
74	XTX Topco Ltd#74 · 32,638 sh	32,638	$5.1M	0.07%	+52.9%
75	Quadrature Capital Ltd#75 · 31,566 sh	31,566	$4.9M	0.04%	+1540.6%
76	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#76 · 31,222 sh	31,222	$4.9M	<0.01%	-6.5%
77	Allianz Asset Management GmbH#77 · 27,104 sh	27,104	$4.6M	<0.01%	0.0%
78	CITADEL ADVISORS#78 · 27,906 sh	27,906	$4.4M	<0.01%	+18.0%
79	Legal & General Group Plc#79 · 27,422 sh	27,422	$4.3M	<0.01%	-16.1%
80	BARCLAYS PLC#80 · 26,602 sh	26,602	$4.2M	<0.01%	-4.8%
81	Y-Intercept (Hong Kong) Ltd#81 · 26,415 sh	26,415	$4.1M	—	+175.6%
82	NICHOLAS COMPANY#82 · 26,185 sh	26,185	$4.1M	0.07%	0.0%
83	CAXTON ASSOCIATES LLP#83 · 24,236 sh	24,236	$3.8M	0.07%	-3.0%
84	MERCER GLOBAL ADVISORS#84 · 24,099 sh	24,099	$3.8M	<0.01%	+223.7%
85	State of Alaska, Department of Revenue#85 · 23,699 sh	23,699	$3.7M	—	+40.5%
86	PRICE T ROWE ASSOCIATES#86 · 23,623 sh	23,623	$3.7M	<0.01%	+1.7%
87	Vident Advisory#87 · 22,877 sh	22,877	$3.6M	0.03%	+5.5%
88	Cerity Partners#88 · 22,838 sh	22,838	$3.6M	<0.01%	+55.5%
89	Retirement Systems of Alabama#89 · 22,812 sh	22,812	$3.6M	0.01%	-19.0%
90	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#90 · 22,310 sh	22,310	$3.5M	<0.01%	-1.6%
91	MARSHALL WACE, LLP#91 · 21,114 sh	21,114	$3.3M	<0.01%	+99.5%
92	WELLS FARGO & COMPANY#92 · 19,503 sh	19,503	$3.0M	<0.01%	-4.4%
93	MidFirst Bank#93 · 18,560 sh	18,560	$2.9M	0.21%	-1.3%
94	GHP Investment Advisors#94 · 18,361 sh	18,361	$2.9M	—	+638.6%
95	LAZARD ASSET MANAGEMENT#95 · 18,309 sh	18,309	$2.9M	<0.01%	+24.2%
96	WEALTH ENHANCEMENT ADVISORY SERVICES#96 · 18,661 sh	18,661	$2.8M	—	+145.3%
97	Numerai GP#97 · 18,066 sh	18,066	$2.8M	0.23%	+38.3%
98	SUSQUEHANNA INTERNATIONAL GROUP, LLP#98 · 17,903 sh	17,903	$2.8M	<0.01%	-31.6%
99	CITIGROUP#99 · 17,641 sh	17,641	$2.8M	<0.01%	+46.9%
100	ACADIAN ASSET MANAGEMENT#100 · 17,082 sh	17,082	$2.7M	<0.01%	+521.4%

Funds that sold out of MORN in Q2 2026 (93)

Held MORN at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held MORN in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Select Equity Group, L.P.637,723 sh	637,723	$107.8M
M&G Plc149,783 sh	149,783	$25.3M
Qube Research & Technologies Ltd139,894 sh	139,894	$23.6M
Incline Global Management88,354 sh	88,354	$14.9M
SCHRODER INVESTMENT MANAGEMENT GROUP84,286 sh	84,286	$13.9M
CONGRESS ASSET MANAGEMENT77,405 sh	77,405	$13.1M
River Road Asset Management42,084 sh	42,084	$7.1M
PANAGORA ASSET MANAGEMENT34,615 sh	34,615	$5.9M
Trexquant Investment29,267 sh	29,267	$4.9M
BANK OF NOVA SCOTIA28,000 sh	28,000	$4.7M
Holocene Advisors25,983 sh	25,983	$4.4M
VAN ECK ASSOCIATES21,956 sh	21,956	$3.7M
Waverly Advisors21,153 sh	21,153	$3.6M
Walleye Capital20,166 sh	20,166	$3.4M
ING GROEP NV16,613 sh	16,613	$2.8M
1832 Asset Management L.P.15,900 sh	15,900	$2.7M
NATIXIS ADVISORS14,490 sh	14,490	$2.5M
LECAP ASSET MANAGEMENT LTD9,626 sh	9,626	$1.6M
Connor, Clark & Lunn Investment Management Ltd.9,369 sh	9,369	$1.6M
Headlands Technologies8,486 sh	8,486	$1.4M
Southeast Asset Advisors7,792 sh	7,792	$1.3M
TWINBEECH CAPITAL7,350 sh	7,350	$1.2M
HEALTHCARE OF ONTARIO PENSION PLAN FUND6,600 sh	6,600	$1.1M
CenterBook Partners5,232 sh	5,232	$884.5K
Magnetar Financial4,621 sh	4,621	$781.2K
Epoch Investment Partners4,547 sh	4,547	$768.7K
GSA CAPITAL PARTNERS LLP3,576 sh	3,576	$605.0K
INCEPTIONR3,070 sh	3,070	$519.0K
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.2,973 sh	2,973	$497.9K
MACKENZIE FINANCIAL2,811 sh	2,811	$475.2K
Capula Management Ltd2,760 sh	2,760	$466.6K
BOOTHBAY FUND MANAGEMENT2,571 sh	2,571	$434.6K
R Squared Ltd2,551 sh	2,551	$431.2K
DRW Securities2,475 sh	2,475	$418.4K
EntryPoint Capital2,387 sh	2,387	$403.5K
AMICA MUTUAL INSURANCE2,331 sh	2,331	$394.0K
CI INVESTMENTS2,292 sh	2,292	$387.5K
ExodusPoint Capital Management2,118 sh	2,118	$358.0K
Man Group plc2,100 sh	2,100	$355.0K
PRAXIS INVESTMENT MANAGEMENT1,903 sh	1,903	$322.0K
Calamos Advisors1,881 sh	1,881	$318.0K
Calamos Wealth Management1,881 sh	1,881	$318.0K
Campbell & Investment Adviser1,810 sh	1,810	$306.0K
Blackstone1,766 sh	1,766	$298.5K
COMMERCE BANK1,765 sh	1,765	$298.4K
Gibbs Wealth Management1,753 sh	1,753	$296.4K
MIRABELLA FINANCIAL SERVICES LLP1,697 sh	1,697	$286.9K
Procyon Advisors1,680 sh	1,680	$284.0K
Centiva Capital1,624 sh	1,624	$274.5K
Alliance Wealth Advisors1,623 sh	1,623	$274.4K
Entropy Technologies1,565 sh	1,565	$264.6K
CHOREO1,554 sh	1,554	$262.7K
UNITED CAPITAL FINANCIAL ADVISORS1,519 sh	1,519	$256.8K
Dempze Nancy E1,494 sh	1,494	$252.6K
SYON CAPITAL1,459 sh	1,459	$246.6K
iSAM Funds (UK) Ltd1,399 sh	1,399	$236.5K
Frec Markets1,389 sh	1,389	$234.8K
Crossmark Global1,385 sh	1,385	$234.1K
PRELUDE CAPITAL MANAGEMENT1,383 sh	1,383	$233.8K
Portside Wealth Group1,368 sh	1,368	$231.3K
TWO SIGMA SECURITIES1,363 sh	1,363	$230.4K
CIBC Asset Management1,355 sh	1,355	$229.1K
ARMISTICE CAPITAL1,327 sh	1,327	$224.3K
CIBC Bancorp USA1,317 sh	1,317	$222.7K
Baird Financial Group1,313 sh	1,313	$222.0K
Maryland State Retirement & Pension System1,247 sh	1,247	$210.8K
Abel Hall1,233 sh	1,233	$208.4K
OPPENHEIMER1,219 sh	1,219	$206.1K
QUADRANT CAPITAL GROUP1,760 sh	1,760	$197.7K
Liontrust Investment Partners LLP436 sh	436	$94.7K
Annis Gardner Whiting Capital Advisors410 sh	410	$69.3K
V-Square Quantitative Management180 sh	180	$30.4K
THURSTON, SPRINGER, MILLER, HERD & TITAK118 sh	118	$19.9K
Owl Creek Wealth Partners95 sh	95	$16.1K
Ancora Advisors44 sh	44	$7.4K
FIRST HORIZON NATIONAL21 sh	21	$3.5K
Bare Financial Services20 sh	20	$3.4K
Sachetta18 sh	18	$3.0K
Asset Dedication13 sh	13	$2.2K
Estabrook Capital Management12 sh	12	$2.0K
Marquette Asset Management10 sh	10	$1.7K
SouthState Bank9 sh	9	$1.5K
Bogart Wealth9 sh	9	$1.5K
Root Financial Partners6 sh	6	$1.0K
Physician Wealth Advisors5 sh	5	$846.00
Financial Network Wealth Advisors5 sh	5	$845.00
Spire Wealth Management4 sh	4	$617.00
Signature Equity Partners3 sh	3	$510.00
Rialto Wealth Management3 sh	3	$508.00
TWIN PEAKS WEALTH ADVISORS3 sh	3	$507.00
HIGHLINE WEALTH PARTNERS3 sh	3	$507.00
RAFFA WEALTH MANAGEMENT1 sh	1	$169.00
CURIO WEALTH1 sh	1	$169.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.