Morningstar, Inc. (MORN) Ownership
MORN ownership summary
as of October 18, 2026- Institutions
- 66.4% of shares outstanding
- Insiders
- 49.67% of shares outstanding
- Shares outstanding
- 37.5M
- Float
- 19.6M shares available to trade
- Short interest
- 6.34% 1.4M shares short
- Days to cover
- 4.63 short interest down 0.7% vs prior month
- Institutions 66.37%
- Insiders 49.67%
MORN top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BAMCO Inc | 9.33% | 3.5M | $725.6M | +2.7M (+360.7%) | June 30, 2026 |
| 2 | BlackRock Inc | 5.55% | 2.1M | $431.7M | −256,482 (−11.0%) | June 30, 2026 |
| 3 | Wellington Management Company LLP | 3.98% | 1.5M | $309.6M | −169,368 (−10.2%) | June 30, 2026 |
| 4 | Morgan Stanley - Brokerage Accounts | 3.96% | 1.5M | $307.8M | −246,414 (−14.2%) | June 30, 2026 |
| 5 | AQR Capital Management LLC | 3.48% | 1.3M | $270.5M | +680,759 (+109.2%) | June 30, 2026 |
| 6 | Vanguard Portfolio Management, LLC | 2.53% | 950K | $197.0M | −101,745 (−9.7%) | June 30, 2026 |
| 7 | Vanguard Capital Management, LLC | 2.38% | 894K | $185.5M | −95,061 (−9.6%) | June 30, 2026 |
| 8 | State Street Corp | 1.91% | 716K | $148.6M | −19,101 (−2.6%) | June 30, 2026 |
| 9 | Los Angeles Capital Management LLC | 1.72% | 645K | $133.8M | +645,273 (+581,327.0%) | March 31, 2026 |
| 10 | Geode Capital Management, LLC | 1.54% | 578K | $119.9M | −20,907 (−3.5%) | June 30, 2026 |
| 11 | Dimensional Fund Advisors, Inc. | 1.50% | 562K | $116.5M | +44,088 (+8.5%) | June 30, 2026 |
| 12 | Two Sigma Investments LLC | 1.29% | 484K | $100.4M | −375,210 (−43.7%) | June 30, 2026 |
| 13 | Jane Street Group LLC | 1.15% | 431K | $89.4M | +97,440 (+29.2%) | June 30, 2026 |
| 14 | Arrowstreet Capital Limited Partnership | 1.12% | 421K | $87.2M | +25,811 (+6.5%) | June 30, 2026 |
| 15 | Copeland Capital Management, LLC | 0.89% | 334K | $69.2M | +104,040 (+45.3%) | September 30, 2026 |
| 16 | Kensico Capital Management Corp | 0.76% | 284K | $58.9M | +149,100 (+110.4%) | June 30, 2026 |
| 17 | Amvescap Plc. | 0.69% | 259K | $53.8M | −25,843 (−9.1%) | June 30, 2026 |
| 18 | Massachusetts Financial Services Company | 0.65% | 244K | $50.7M | −10,415 (−4.1%) | June 30, 2026 |
| 19 | Renaissance Technologies Corp | 0.64% | 239K | $49.5M | −210,100 (−46.8%) | June 30, 2026 |
| 20 | JPMorgan Chase & Co | 0.63% | 236K | $49.0M | −193,740 (−45.0%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 8 holders added 4.5M shares and 12 cut 1.7M.
MORN top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Baron Partners Retail | 5.00% | 1.9M | $389.3M | −15,474 (−0.8%) | September 30, 2026 |
| 2 | Eaton Vance Atlanta Capital SMID-Cap I | 1.93% | 722K | $149.8M | −94,623 (−11.6%) | August 31, 2026 |
| 3 | iShares Core S&P Mid-Cap ETF | 1.81% | 681K | $141.2M | −240 (−0.0%) | September 30, 2026 |
| 4 | Vanguard Windsor Investor Shares | 1.81% | 678K | $140.6M | −11,471 (−1.7%) | June 30, 2026 |
| 5 | Baron Focused Growth Retail | 1.74% | 654K | $135.6M | −74,237 (−10.2%) | September 30, 2026 |
| 6 | Vanguard MStar Total Stk Mkt Idx Invest | 1.61% | 606K | $125.6M | −718 (−0.1%) | August 31, 2026 |
| 7 | Baron Generational Growth Retail | 1.33% | 497K | $103.1M | −37,590 (−7.0%) | September 30, 2026 |
| 8 | Vanguard Small Cap Index | 1.13% | 422K | $87.6M | −14,776 (−3.4%) | September 30, 2026 |
| 9 | Vanguard Explorer Inv | 0.85% | 319K | $66.2M | −124,983 (−28.1%) | June 30, 2026 |
| 10 | Vanguard MStar Small Cap Growth Indx Inv | 0.63% | 235K | $48.8M | −15,879 (−6.3%) | September 30, 2026 |
| 11 | Invesco S&P MidCap Quality ETF | 0.46% | 173K | $35.8M | +180 (+0.1%) | September 30, 2026 |
| 12 | BNP Paribas US Small Cap ClassicC | 0.43% | 161K | $33.4M | −309 (−0.2%) | August 31, 2026 |
| 13 | State Street® SPDR® S&P MIDCAP 400® ETF | 0.38% | 141K | $29.3M | −19,840 (−12.3%) | September 30, 2026 |
| 14 | Strategic Advisers U.S. Total Stock | 0.35% | 130K | $27.0M | +30,130 (+30.0%) | August 31, 2026 |
| 15 | DFA US Small Cap I | 0.35% | 130K | $27.0M | — | August 31, 2026 |
| 16 | MFS Meridian Prudent Capital I1 USD | 0.32% | 122K | $25.3M | −1,959 (−1.6%) | August 31, 2026 |
| 17 | Strategic Advisers Fidelity US TtlStk | 0.32% | 119K | $24.8M | −14,188 (−10.6%) | August 31, 2026 |
| 18 | Dimensional US Small Cap ETF | 0.30% | 114K | $23.7M | — | September 30, 2026 |
| 19 | Vanguard Dividend Appreciation ETF | 0.29% | 108K | $22.4M | −16,619 (−13.3%) | September 30, 2026 |
| 20 | Fidelity Extended Market Index | 0.29% | 108K | $22.3M | −1,725 (−1.6%) | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
MORN insider transactions
latest 20| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-03-04 | Michael Holt | Buy | $186.59 | 1,000 | $186,590 |
| 2026-03-02 | Joseph D Mansueto | Sell | $182.32 | 3,122 | $569,203 |
| 2026-02-26 | Joseph D Mansueto | Sell | $178.00 | 7,250 | $1.3M |
| 2026-02-25 | April McClain Delaney | Sell | $172.41 | — | — |
| 2026-02-24 | Joseph D Mansueto | Sell | $159.47 | 7,250 | $1.2M |
| 2026-02-20 | Joseph D Mansueto | Sell | $161.34 | 6,608 | $1.1M |
| 2026-02-19 | Joseph D Mansueto | Sell | $161.87 | 7,250 | $1.2M |
| 2026-02-19 | April McClain Delaney | Sell | $161.85 | — | — |
| 2026-02-18 | Joseph D Mansueto | Sell | $159.09 | 6,737 | $1.1M |
| 2026-02-17 | Joseph D Mansueto | Sell | $160.63 | 7,304 | $1.2M |
| 2026-02-13 | Joseph D Mansueto | Sell | $156.21 | 7,250 | $1.1M |
| 2026-02-12 | Joseph D Mansueto | Sell | $154.74 | 6,939 | $1.1M |
| 2026-02-10 | Joseph D Mansueto | Sell | $162.84 | 3,214 | $523,368 |
| 2026-02-09 | Joseph D Mansueto | Sell | $165.00 | 1,653 | $272,745 |
| 2026-02-06 | Joseph D Mansueto | Sell | $169.57 | 6,352 | $1.1M |
| 2026-02-06 | April McClain Delaney | Sell | $165.47 | — | — |
| 2026-02-05 | Joseph D Mansueto | Sell | $185.21 | 6,464 | $1.2M |
| 2026-02-04 | Joseph D Mansueto | Sell | $180.80 | 7,250 | $1.3M |
| 2026-01-15 | April McClain Delaney | Sell | $215.64 | — | — |
| 2025-12-29 | Caroline J Tsay | Sell | $218.48 | 600 | $131,088 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
MORN shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns MORN
Institutional investors own 66.4% of Morningstar's shares and insiders 49.67%. The largest holder is BAMCO Inc with 9.33% of the shares (3.5M), as of June 30, 2026. Among the top 20 institutions, 8 added shares and 12 reduced their stake in the latest filings. Short interest is 6.34% of the float, or 4.63 days of average trading volume. The share count fell 8.6% since 2014.
Related: MORN analyst forecast, MORN key metrics, MORN dividend history. See the MORN stock overview for the latest quote and news.
MORN ownership FAQ
Who owns the most Morningstar stock?
The largest shareholders of Morningstar are BAMCO Inc (9.33%), BlackRock Inc (5.55%), Wellington Management Company LLP (3.98%), Morgan Stanley - Brokerage Accounts (3.96%), AQR Capital Management LLC (3.48%).
What percentage of Morningstar is owned by institutions?
Institutions hold 66.4% of Morningstar's shares outstanding; insiders hold 49.67%.
Which funds own Morningstar?
The largest fund holders of Morningstar are Baron Partners Retail (5.00%), Eaton Vance Atlanta Capital SMID-Cap I (1.93%), iShares Core S&P Mid-Cap ETF (1.81%), Vanguard Windsor Investor Shares (1.81%), Baron Focused Growth Retail (1.74%).
What is Morningstar's short interest?
1.4M shares of Morningstar were sold short, 6.34% of the float; at the average daily volume it would take 4.63 days to cover.
Are insiders buying or selling Morningstar?
Of the latest 20 reported insider transactions in Morningstar (since December 29, 2025), 1 were purchases and 19 were sales.
How many shares of Morningstar are outstanding?
Morningstar has 37.5M shares outstanding, of which 19.6M are in the public float.