Morningstar Investment Management LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 21, 2026), Morningstar Investment Management LLC reported 317 stock positions worth $1.6 billion. Its top holding was iShares US Treasury Bond ETF (GOVT) at 14.8% of the portfolio, followed by Microsoft (MSFT, 3.3%) and VG Morningstar TS MKT ETF-US (VTI, 3.3%). Compared with Q1 2026, it opened 2 new positions and reduced 2. The biggest buy was a new position in Edwards Lifesciences (EW) and the biggest sale KLA (KLAC, shares −90%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001673385
Portfolio Value
$1.6B (Q2 2026)
SEC Filing
0001104659-26-085281 ↗ filed Jul 21, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $922.2M Q1 2024 Q2 2024: $957.0M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.6B $1.6B Q2 2026

Holdings 317 stocks · $1.6B
GOVT iShares US Treasury Bond ETF 14.81% 10,483,782 $240.2M No change
MSFT Microsoft Corp. 3.29% 144,303 $53.4M No change
VTI VG Morningstar TS MKT ETF-US 3.27% 165,190 $53.0M No change
AAPL Apple Inc. 3.18% 202,910 $51.5M No change
GOOGL Alphabet Inc. Class A 2.63% 148,172 $42.6M No change
NVDA Nvidia Corp. 2.45% 227,923 $39.7M No change
SCHO Schwab Short-Term US Treas 2.41% 1,613,491 $39.2M No change
BNDX Vanguard Total Intl Bond ETF 2.35% 793,418 $38.1M No change
SPSM SS SPDR P S&P 600 Small Cap 2.31% 774,051 $37.4M No change
FNDE Schwab Fndmntl Em MRK Eq ETF 1.71% 723,788 $27.7M No change
FTEC Fidelity MSCI Info Tech Indx 1.51% 117,953 $24.5M No change
SLYV SS SPDR S&P 600 SC Val ETF 1.49% 255,802 $24.2M No change
META Meta Platforms Inc. Class A 1.33% 37,736 $21.6M No change
KXI iShares Global Consumer Stap 1.08% 260,487 $17.5M No change
VOX Vanguard Communication Servi 1.05% 94,391 $17.0M No change
VHT Vanguard Health Care ETF 0.95% 56,514 $15.4M No change
SCHH Schwab US REIT ETF 0.93% 705,180 $15.2M No change
V Visa Inc. Class A 0.81% 43,563 $13.2M No change
ICSH iShares Ultra Short Duration 0.81% 259,023 $13.1M No change
AMZN Amazon.com Inc. 0.79% 61,551 $12.8M No change
AVGO Broadcom Inc. 0.76% 39,937 $12.4M No change
FLJP Franklin Ftse Japan ETF 0.73% 328,512 $11.9M No change
TSM Taiwan Semiconductor-SP ADR 0.68% 32,832 $11.1M No change
BLK BlackRock Inc. 0.66% 11,168 $10.7M No change
XOM Exxon Mobil Corp. 0.66% 62,894 $10.7M No change
JNJ Johnson & Johnson 0.66% 43,576 $10.7M No change
VGLT Vanguard Long-Term Treasury 0.65% 191,300 $10.6M No change
MA Mastercard Inc. Class A 0.61% 19,840 $9.9M No change
SCHW Schwab (charles) Corp. 0.59% 102,422 $9.6M No change
CSCO Cisco Systems Inc. 0.58% 121,235 $9.4M No change
PEP Pepsico Inc. 0.56% 58,982 $9.2M No change
HON Honeywell International Inc. 0.56% 39,968 $9.0M No change
KWEB Kranesh Csi China Internet 0.55% 315,109 $9.0M No change
IXC iShares Global Energy ETF 0.55% 154,885 $8.9M No change
LMT Lockheed Martin Corp. 0.51% 13,577 $8.2M No change
STZ Constellation Brands Inc. Class A 0.50% 54,523 $8.2M No change
PG The Procter & Gamble Co. 0.50% 56,539 $8.2M No change
CTSH Cognizant Tech Solutions-A 0.50% 132,839 $8.1M No change
FLBR Franklin Ftse Brazil ETF 0.50% 341,071 $8.1M No change
PFE Pfizer Inc. 0.48% 274,915 $7.7M No change
FLGB Franklin Ftse United Kingdom 0.46% 215,970 $7.5M No change
WMT Walmart Inc. 0.46% 59,711 $7.4M No change
MDLZ Mondelez International Inc. Class A 0.45% 126,467 $7.3M No change
RJF Raymond James Financial Inc. 0.45% 50,079 $7.3M No change
EMR Emerson Electric Co. 0.44% 54,671 $7.2M No change
BF.B Brown-Forman Corp. Class B 0.43% 266,577 $7.0M No change
TTE Totalenergies SE 0.41% 72,155 $6.6M No change
LRCX Lam Research Corp. 0.40% 30,005 $6.4M No change
ADBE Adobe Inc. 0.39% 26,233 $6.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.39% 13,282 $6.4M No change
AXP American Express Co. 0.39% 20,656 $6.2M No change
ACN Accenture PLC Class A 0.39% 31,501 $6.2M No change
FAST Fastenal Co. 0.38% 131,460 $6.1M No change
WAT Waters Corp. 0.38% 20,445 $6.1M No change
UNP Union Pacific Corp. 0.37% 25,031 $6.1M No change
VTIP Vanguard Short-Term Tips 0.37% 121,257 $6.1M No change
FOXA Fox Corp. Class A 0.36% 100,548 $5.9M No change
ROK Rockwell Automation Inc. 0.36% 16,181 $5.8M No change
USB US Bancorp 0.34% 107,519 $5.6M No change
CL Colgate-Palmolive Co. 0.34% 65,023 $5.5M No change
GD General Dynamics Corp. 0.34% 15,976 $5.5M No change
NKE Nike Inc. Class B 0.34% 103,110 $5.4M No change
TMO Thermo Fisher Scientific Inc. 0.34% 11,064 $5.4M No change
MAS Masco Corp. 0.33% 87,998 $5.3M No change
OTIS Otis Worldwide Corp. 0.33% 68,541 $5.3M No change
EBAY eBay Inc. 0.32% 57,675 $5.2M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.32% 71,222 $5.2M No change
AMGN Amgen Inc. 0.32% 14,529 $5.1M No change
DOC Healthpeak Properties Inc. 0.31% 310,140 $5.1M No change
AMAT Applied Materials Inc. 0.31% 14,895 $5.1M No change
ORLY O'reilly Automotive Inc. 0.31% 54,821 $5.1M No change
CMCSA Comcast Corp. Class A 0.31% 173,139 $5.0M No change
EIX Edison International 0.31% 67,602 $4.9M No change
IGV iShares Expanded Tech-Softwa 0.30% 61,715 $4.9M No change
SPGI S&P Global Inc. 0.30% 11,603 $4.9M No change
KLAC KLA Corp. 0.30% 3,259 $4.8M Reduce -90.0%
CRM Salesforce Inc. 0.30% 25,679 $4.8M No change
QCOM Qualcomm Inc. 0.29% 36,918 $4.8M No change
NOW ServiceNow Inc. 0.29% 45,119 $4.7M No change
APA Apa Corp. 0.29% 109,700 $4.7M No change
HPQ HP Inc. 0.29% 240,978 $4.6M No change
PM Philip Morris International 0.28% 27,918 $4.6M No change
APD Air Products & Chemicals Inc. 0.28% 15,805 $4.6M No change
PPG PPG Industries Inc. 0.28% 41,881 $4.5M No change
ROP Roper Technologies Inc. 0.28% 12,615 $4.5M No change
CCI Crown Castle Inc. 0.27% 53,402 $4.3M No change
DVN Devon Energy Corp. 0.27% 86,151 $4.3M No change
O Realty Income Corp. 0.27% 70,777 $4.3M No change
MDT Medtronic PLC 0.26% 48,878 $4.2M No change
MRK Merck & Co. Inc. 0.26% 34,870 $4.2M No change
DHR Danaher Corp. 0.26% 22,046 $4.2M No change
ES Eversource Energy 0.26% 59,884 $4.1M No change
MCO Moody's Corp. 0.25% 9,465 $4.1M No change
VGIT Vanguard Intermediate-Term T 0.25% 68,544 $4.1M No change
VZ Verizon Communications Inc. 0.25% 80,968 $4.1M No change
ABNB Airbnb Inc. Class A 0.25% 32,055 $4.0M No change
SYK Stryker Corp. 0.25% 12,301 $4.0M No change
DOW Dow Inc. filed as DOW HLDGS INC 0.24% 93,763 $3.9M No change
YUMC Yum China Holdings Inc. 0.24% 78,757 $3.9M No change
CNI Canadian Natl Railway Co. 0.24% 37,553 $3.9M No change

Show all 317 holdings

Portfolio Sells Q1 2026 → Q2 2026
KLAC KLA Corp. Reduce -90.0% 0.30% −0.00
BKNG Booking Holdings Inc. Reduce -96.0% 0.02% −0.00

Portfolio Buys Q1 2026 → Q2 2026
EW Edwards Lifesciences Corp. New 0.20% +0.20
VRSN Verisign Inc. New 0.19% +0.19

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 317$1.6BGOVT, MSFT, VTI, AAPL, GOOGL
Q1 2026 315$1.6BGOVT, MSFT, VTI, AAPL, GOOGL
Q4 2025 327$1.7BGOVT, VTI, AAPL, MSFT, GOOGL
Q3 2025 463$2.7BGOVT, NVDA, MSFT, AAPL, VTI
Q2 2025 205$1.1BGOVT, VHT, VTI, MSFT, GOOGL
Q1 2025 71$1.2BGOVT, VMBS, VHT, VDC, VCIT
Q4 2024 212$1.3BGOVT, VMBS, VDC, VTI, VHT
Q3 2024 214$1.0BGOVT, VDC, VTI, VHT, GOOGL
Q2 2024 195$957.0MGOVT, VDC, VHT, VTI, GOOGL
Q1 2024 200$922.2MGOVT, VDC, VHT, SCHO, VTI