Morningstar Inc (MORN) 13F Ownership Report (Q2 2026)

MORN ranks #1461 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

MORN is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.

419 institutions disclose a position in MORN, but none treat it as a major bet — even Crawford Fund Management, LLC, its most concentrated holder, allocates just 2.6% of its own portfolio to it.

Crawford Fund Management, LLC has added to its MORN position for two straight quarters, increasing it by $12.7M to reach $17.1M today.

Morgan Stanley has trimmed its MORN position for two straight quarters, cutting it by $204.4M while still holding $231.6M.

MORN is down 1.2% today, but institutions show net buying of $828.4M this quarter — a divergence between today's price move and the underlying institutional flow.

MORN posted net income of $421.6M over the trailing twelve months, and currently trades at a P/E of 21.3.

• Profitable — net income of $421.6M over the trailing twelve months
• Revenue grew 9.3% year over year
• Net income improved year over year, from $404.1M to $421.6M
• Generated $589.7M in positive operating cash flow
• Current ratio of 0.99x — below the conventional 1.5x liquidity buffer
• Liabilities run 1.94x equity — within a conventional range