MorningstarMORN
13F holders, Q3 2025 (September 30)451holders −29
50new positions
73sold out
9famous investors
$231.81avg. 13F price*
At the end of Q3 2025, 451 institutions reported holding Morningstar Inc. (MORN) in their 13F filings, down 29 from Q2 2025. 50 opened new positions and 73 sold out. The largest holders were Vanguard Group Inc. ($605.6M), BlackRock, Inc. ($555.6M) and Select Equity Group, L.P. ($488.1M). 9 famous investors held it, including Ron Baron (0.9% of Baron Capital (BAMCO)'s portfolio), Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).
- Company
- Morningstar Inc.
- CUSIP
- 617700109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 50 | $62.2M |
| Exits | 73 | $230.1M |
All 13F filers, Q2 2025 → Q3 2025: 3,809,492 shares bought and 4,252,831 shares sold, net −443,339 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 451 holders
| Vanguard Group Inc. | 0.01% | Reduce -0.9% | 2,610,335 | $605.6M |
| BlackRock, Inc. | 0.01% | Reduce -5.0% | 2,394,828 | $555.6M |
| Select Equity Group, L.P. | 2.09% | Add +89.0% | 2,103,702 | $488.1M |
| Morgan Stanley | 0.03% | Reduce -5.5% | 1,958,965 | $454.5M |
| Baron Capital (BAMCO) | 0.87% | Add +9.2% | 1,414,305 | $328.1M |
| Kayne Anderson Rudnick Investment Management LLC | 0.43% | Reduce -9.8% | 765,463 | $177.6M |
| State Street Corp. | 0.01% | Reduce -2.7% | 763,223 | $177.1M |
| Geode Capital Management, LLC | 0.01% | Reduce -1.8% | 615,795 | $142.9M |
| Wellington Management Group LLP | 0.02% | Reduce -21.5% | 612,826 | $142.2M |
| AQR Capital Management | 0.09% | Add +106.9% | 608,244 | $141.1M |
| Renaissance Technologies | 0.14% | Add +73.8% | 460,770 | $106.9M |
| Massachusetts Financial Services Co. | 0.03% | Reduce -29.5% | 451,242 | $104.7M |
| Dimensional Fund Advisors LP | 0.02% | Add +26.7% | 420,127 | $97.5M |
| Wasatch Advisors LP | 0.46% | Reduce -42.3% | 371,883 | $86.3M |
| Liontrust Investment Partners LLP | 1.26% | Reduce -5.3% | 371,158 | $86.1M |
| JPMorgan Chase & Co. | 0.00% | Add +34.8% | 318,478 | $73.9M |
| Millennium Management | 0.06% | Reduce -63.2% | 298,741 | $69.3M |
| Invesco Ltd. | 0.01% | Add +5.5% | 296,302 | $68.7M |
| Arrowstreet Capital, Limited Partnership | 0.04% | Add +50.1% | 290,621 | $67.4M |
| Two Sigma Investments, LP | 0.11% | Add +78.1% | 286,175 | $66.4M |
| Qube Research & Technologies Ltd | 0.07% | Add +44.3% | 200,441 | $46.5M |
| DF Dent & Co. Inc. | 0.60% | Add +129.4% | 199,585 | $46.3M |
| FMR LLC | 0.00% | Reduce -29.3% | 193,443 | $44.9M |
| Northern Trust Corp. | 0.01% | Reduce -7.9% | 191,981 | $44.5M |
| Voloridge Investment Management, LLC | 0.15% | Add +362.8% | 187,128 | $43.4M |
| Bank of New York Mellon Corp | 0.01% | Reduce -7.5% | 183,652 | $42.6M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -6.3% | 181,439 | $42.1M |
| Schroder Investment Management Group | 0.03% | Add +0.8% | 168,241 | $39.4M |
| Two Sigma Advisers, LP | 0.07% | Add +13.1% | 160,800 | $37.3M |
| Bank of America Corp. | 0.00% | Reduce -82.5% | 159,584 | $37.0M |
| UBS Group AG | 0.01% | Add +171.6% | 156,742 | $36.4M |
| M&G PLC | 0.20% | Reduce -5.3% | 155,134 | $36.0M |
| Royce & Associates LP | 0.32% | Add +7.9% | 139,376 | $32.3M |
| Focus Partners Wealth | 0.05% | Add +2899.4% | 128,855 | $29.9M |
| Jane Street Group, LLC | 0.03% | Add +262.2% | 124,599 | $28.9M |
| Nuveen, LLC | 0.01% | Add +4.1% | 113,293 | $26.3M |
| Envestnet Asset Management Inc. | 0.01% | Add +6.5% | 110,885 | $25.7M |
| American Capital Management Inc. | 0.92% | Add +1.8% | 99,197 | $23.0M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -73.9% | 98,456 | $22.8M |
| HRT Financial LP | 0.08% | Add +209.3% | 98,274 | $22.8M |
| Premier Fund Managers Ltd | 0.87% | Reduce -54.9% | 90,592 | $21.2M |
| Principal Financial Group Inc. | 0.01% | Add +32.0% | 91,155 | $21.1M |
| Cubist Systematic Strategies, LLC | 0.30% | Add +118.4% | 90,762 | $21.1M |
| Copeland Capital Management, LLC | 0.42% | Reduce -5.1% | 87,904 | $20.4M |
| Nordea Investment Management AB | 0.02% | Add +46.4% | 88,108 | $20.4M |
| Citadel Advisors | 0.02% | Add +77.3% | 84,318 | $19.6M |
| Sei Investments Co. | 0.02% | Reduce -40.9% | 82,931 | $19.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -43.1% | 74,751 | $17.3M |
| Wells Fargo & Company | 0.00% | Reduce -14.7% | 73,244 | $17.0M |
| Chicago Capital, LLC | 0.40% | Add +24.1% | 70,042 | $16.3M |
| T. Rowe Price Associates Inc. | 0.00% | Add +49.8% | 67,501 | $15.7M |
| Incline Global Management LLC | 4.61% | New | 66,981 | $15.5M |
| Captrust Financial Advisors | 0.03% | Reduce -11.9% | 66,612 | $15.5M |
| Congress Asset Management Co. | 0.10% | Add +9.4% | 66,117 | $15.3M |
| Lazard Asset Management LLC | 0.02% | Add +34.5% | 65,817 | $15.3M |
| Rhumbline Advisers | 0.01% | Reduce -8.8% | 65,254 | $15.1M |
| Confluence Investment Management LLC | 0.20% | Reduce -1.2% | 60,239 | $14.0M |
| Panagora Asset Management Inc. | 0.05% | Reduce -1.0% | 58,087 | $13.5M |
| Canada Pension Plan Investment Board | 0.01% | New | 57,600 | $13.4M |
| Engineers Gate Manager LP | 0.15% | Add +112.1% | 57,519 | $13.3M |
| Nicholas Company, Inc. | 0.22% | Add +0.0% | 56,575 | $13.1M |
| Meeder Asset Management Inc. | 0.74% | Add +36.1% | 55,796 | $12.9M |
| Quantinno Capital Management LP | 0.03% | Add +75.2% | 54,569 | $12.7M |
| Barlow Wealth Partners, LLC | 1.41% | Add +17.1% | 57,475 | $12.6M |
| Swiss National Bank | 0.01% | Add +0.4% | 53,300 | $12.4M |
| Point72 Asset Management | 0.03% | Reduce -58.7% | 50,921 | $11.8M |
| Algert Global LLC | 0.19% | Add +13.4% | 50,039 | $11.6M |
| Prudential Financial Inc. | 0.01% | Add +120.4% | 48,100 | $11.2M |
| Squarepoint Ops LLC | 0.02% | Add +160.3% | 47,235 | $11.0M |
| Legal & General Group Plc | 0.00% | Reduce -5.7% | 46,689 | $10.8M |
| CI Investments Inc. | 0.04% | Add +3.8% | 45,528 | $10.6M |
| Janus Henderson Group PLC | 0.00% | Add +17.2% | 44,529 | $10.3M |
| Susquehanna International Group, LLP | 0.01% | Add +479.7% | 43,677 | $10.1M |
| Parnassus Investments, LLC | 0.02% | Reduce -1.1% | 42,488 | $9.9M |
| Barclays PLC | 0.00% | Add +136.5% | 41,054 | $9.5M |
| Sone Capital Management, LLC | 0.76% | Add +169.4% | 39,226 | $9.1M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.02% | Reduce -14.7% | 36,198 | $8.4M |
| California Public Employees Retirement System | 0.00% | Reduce -23.4% | 34,561 | $8.0M |
| Royal Bank of Canada | 0.00% | Reduce -66.8% | 34,467 | $8.0M |
| Holocene Advisors, LP | 0.02% | Add +17.2% | 34,241 | $7.9M |
| Jump Financial, LLC | 0.10% | Add +64.2% | 33,268 | $7.7M |
| Alliancebernstein L.P. | 0.00% | Reduce -0.8% | 31,891 | $7.4M |
| Cooper Investors PTY Ltd. | 1.96% | No change | 30,985 | $7.2M |
| Capital Fund Management S.A. | 0.07% | Add +104.0% | 30,711 | $7.1M |
| Retirement Systems of Alabama | 0.02% | Reduce -9.1% | 29,577 | $6.9M |
| Segall Bryant & Hamill, LLC | 0.09% | Reduce -27.5% | 29,570 | $6.9M |
| D. E. Shaw & Co. | 0.01% | Add +28.2% | 29,379 | $6.8M |
| Magnetar Financial LLC | 0.04% | Reduce -0.1% | 28,188 | $6.5M |
| HSBC Holdings PLC | 0.00% | Add +351.0% | 27,694 | $6.4M |
| Teacher Retirement System of Texas | 0.03% | Add +10.5% | 27,329 | $6.3M |
| Touchstone Capital, Inc. | 3.12% | — | 26,228 | $6.1M |
| Sea Cliff Partners Management, LP | 2.31% | Add +8.3% | 26,000 | $6.0M |
| California State Teachers Retirement System | 0.01% | Add +0.0% | 25,484 | $5.9M |
| Citigroup Inc. | 0.00% | Add +37.8% | 25,437 | $5.9M |
| United Capital Financial Advisors, LLC | 0.04% | Add +1.8% | 25,361 | $5.9M |
| Dark Forest Capital Management LP | 0.22% | New | 25,257 | $5.9M |
| Schonfeld Strategic Advisors LLC | 0.04% | Add +114.0% | 24,245 | $5.6M |
| Gotham Asset Management | 0.02% | Add +157.6% | 24,186 | $5.6M |
| State Board of Administration of Florida Retirement System | 0.01% | Reduce -5.9% | 23,540 | $5.5M |
| Kornitzer Capital Management Inc. | 0.11% | Reduce -6.3% | 23,276 | $5.4M |
"% of holder's portfolio" is MORN's weight in each manager's 13F, not the share of Morningstar Inc. the manager owns.