Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in MORN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.3M | $395.3M | -1.1% | 6.149% | 0.01% |
| 2 | MORGAN STANLEY | 1.7M | $292.5M | -13.8% | 4.551% | 0.02% |
| 3 | WELLINGTON MANAGEMENT GROUP LLP | 1.7M | $281.0M | +46.3% | 4.371% | 0.05% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.1M | $177.8M | β | 2.766% | 0.01% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 989K | $167.3M | β | 2.602% | 0.00% |
| 6 | TWO SIGMA INVESTMENTS, LP | 859K | $145.3M | +124.7% | 2.260% | 0.12% |
| 7 | BAMCO INC /NY/ | 760K | $128.4M | -38.8% | 1.997% | 0.39% |
| 8 | STATE STREET CORP | 736K | $124.3M | -1.5% | 1.934% | 0.00% |
| 9 | LOS ANGELES CAPITAL MANAGEMENT LLC | 645K | $109.1M | +581327.0% | 1.697% | 0.43% |
| 10 | Select Equity Group, L.P. | 638K | $107.8M | -58.1% | 1.677% | 0.59% |
| 11 | AQR CAPITAL MANAGEMENT LLC | 624K | $105.2M | -30.7% | 1.640% | 0.05% |
| 12 | GEODE CAPITAL MANAGEMENT, LLC | 599K | $101.3M | +0.4% | 1.576% | 0.01% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 518K | $87.5M | +9.7% | 1.361% | 0.02% |
| 14 | RENAISSANCE TECHNOLOGIES LLC | 449K | $75.9M | +38.6% | 1.180% | 0.12% |
| 15 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 395K | $66.8M | +38.5% | 1.038% | 0.04% |
| 16 | JANE STREET GROUP, LLC | 334K | $56.4M | -22.8% | 0.878% | 0.50% |
| 17 | MILLENNIUM MANAGEMENT LLC | 323K | $54.6M | -6.1% | 0.849% | 0.04% |
| 18 | Invesco Ltd. | 285K | $48.2M | +4.8% | 0.750% | 0.01% |
| 19 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 255K | $42.9M | -29.6% | 0.670% | 0.01% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 214K | $36.1M | +12.6% | 0.562% | 0.01% |
| 21 | GOLDMAN SACHS GROUP INC | 210K | $35.6M | +84.9% | 0.553% | 0.00% |
| 22 | SEI INVESTMENTS CO | 189K | $32.0M | +219.4% | 0.498% | 0.03% |
| 23 | Quantinno Capital Management LP | 187K | $31.6M | -1.0% | 0.492% | 0.05% |
| 24 | BNP Paribas Asset Management Holding S.A. | 186K | $31.5M | +593.1% | 0.489% | 0.04% |
| 25 | BANK OF AMERICA CORP /DE/ | 184K | $31.0M | +11.7% | 0.483% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in MORN β a direct measure of their conviction.
Filings activity in MORN during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new MORN position in Q1 2026
Institutions that fully closed their MORN position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 434 | 7.3% | 57.93% | 19.55 pp | $3.86B | 25% |
| Q4 2025 | 468 | +5.6% | 77.48% | 7.70 pp | $5.16B | 9.0% |
| Q3 2025 | 443 | 6.1% | 85.18% | 32.49 pp | $5.68B | 28% |
| Q2 2025 | 472 | +3.3% | 117.67% | +8.52 pp | $7.84B | +7.8% |
| Q1 2025 | 457 | +2.9% | 109.15% | 29.29 pp | $7.27B | 21% |
| Q4 2024 | 444 | +10% | 138.44% | +21.51 pp | $9.22B | +18% |
| Q3 2024 | 403 | +2.0% | 116.93% | +6.60 pp | $7.79B | +6.0% |
| Q2 2024 | 395 | β | 110.33% | β | $7.35B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying MORN stock.
Based on Q1 2026 13F filings, institutional ownership of Morningstar, Inc. stands at 57.9%, held across 434 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of MORN, with approximately 2,338,218 shares worth $0.40B as of Q1 2026.
Yes β 4 widely-followed marquee investors appear among the top 25 institutional holders of MORN, including TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC, JANE STREET GROUP, LLC, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for MORN is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
69 institutions opened new positions in MORN during Q1 2026, while 103 fully exited. 96 added to existing positions and 267 trimmed.
MORN institutional ownership fell by 19.55 percentage points quarter-over-quarter, with a net change of -34 holders.
The top 10 institutions account for 50.0% of all reported 13F value in MORN, and the top 25 account for 71.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Morningstar, Inc. (MORN) Institutional Ownership