Morningstar, Inc.
US ˙ NasdaqGS ˙ US6177001095

SecurityMORN / Morningstar, Inc.
InstitutionIFP Advisors, Inc
Latest Disclosed Ownership217 shares
Latest Disclosed Value $ 36,684
IFP Advisors, Inc reports 61.46% decrease in ownership of MORN / Morningstar, Inc.

On April 13, 2026 - IFP Advisors, Inc filed a 13F-HR form disclosing ownership of 217 shares of Morningstar, Inc. (US:MORN) valued at $36,684 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 563 shares of Morningstar, Inc.. This represents a change in shares of -61.46% during the quarter. The current value of the position is $40,310 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-13 2026-03-31 13F MORNINGSTAR cs 617700109 217 -346 -61.46 37 -70.49 0.0008
2026-02-06 2025-12-31 13F MORNINGSTAR cs 617700109 563 310 122.53 122 110.34 0.0027
2026-02-06 2025-09-30 13F/A-1 MORNINGSTAR cs 617700109 253 116 84.67 59 34.88 0.0015
2025-12-02 2025-09-30 13F MORNINGSTAR cs 617700109 253 116 59 0.0015
2025-07-24 2025-06-30 13F MORNINGSTAR cs 617700109 137 100 270.27 43 290.91 0.0012
2025-05-05 2025-03-31 13F MORNINGSTAR cs 617700109 37 9 32.14 11 22.22 0.0003
2025-02-04 2024-12-31 13F MORNINGSTAR cs 617700109 28 1 3.70 9 12.50 0.0003
2025-02-04 2024-09-30 13F MORNINGSTAR cs 617700109 27 -4 -12.90 9 -11.11 0.0003
2024-07-30 2024-06-30 13F MORNINGSTAR cs 617700109 31 1 3.33 9 0.00 0.0004
2024-07-30 2024-03-31 13F MORNINGSTAR cs 617700109 30 -9 -23.08 9 -18.18 0.0004
2024-01-09 2023-12-31 13F MORNINGSTAR cs 617700109 39 2 5.41 11 37.50 0.0005
2023-10-12 2023-09-30 13F MORNINGSTAR cs 617700109 37 0 0.00 9 14.29 0.0004
2023-08-14 2023-06-30 13F/A-1 MORNINGSTAR cs 617700109 37 0 0.00 7 75.00 0.0003
2023-08-04 2023-06-30 13F MORNINGSTAR cs 617700109 37 0 4 0.0002
2023-04-18 2023-03-31 13F MORNINGSTAR cs 617700109 37 -314 -89.46 4 0.0002
2023-02-07 2022-12-31 13F MORNINGSTAR cs 617700109 351 -11 -3.04 0 -100.00 0.0016
2022-11-08 2022-09-30 13F MORNINGSTAR cs 617700109 362 -2 -0.55 62 0.00 0.0016
2022-09-06 2022-06-30 13F/A-1 MORNINGSTAR cs 617700109 364 0 0.00 62 0.00 0.0020
2022-09-06 2022-03-31 13F/A-1 MORNINGSTAR cs 617700109 364 327 883.78 62 376.92 0.0020
2022-08-08 2022-03-31 13F MORNINGSTAR INC COM Stock 617700109 41 4 5 0.0001
2022-01-12 2021-12-31 13F MORNINGSTAR INC COM Stock 617700109 37 0 0.00 13 30.00 0.0003
2021-10-06 2021-09-30 13F MORNINGSTAR INC COM Stock 617700109 37 -1 -2.63 10 0.00 0.0002
2021-07-13 2021-06-30 13F MORNINGSTAR INC COM Stock 617700109 38 1 2.70 10 25.00 0.0002
2021-04-30 2021-03-31 13F MORNINGSTAR INC COM Stock 617700109 37 -12 -24.49 8 -33.33 0.0002
2021-01-25 2020-12-31 13F MORNINGSTAR INC COM Stock 617700109 49 0 0.00 12 50.00 0.0005
2020-10-29 2020-09-30 13F MORNINGSTAR INC COM Stock 617700109 49 0 0.00 8 14.29 0.0005
2020-08-05 2020-06-30 13F MORNINGSTAR INC COM Stock 617700109 49 0 0.00 7 40.00 0.0006
2020-05-12 2020-03-31 13F MORNINGSTAR INC COM Stock 617700109 49 -1 -2.00 5 -37.50 0.0005
2020-01-17 2019-12-31 13F MORNINGSTAR INC COM Stock 617700109 50 0 0.00 8 14.29 0.0006
2019-11-07 2019-09-30 13F MORNINGSTAR INC COM Stock 617700109 50 -4 -7.41 7 0.00 0.0005
2019-05-15 2019-03-31 13F MORNINGSTAR Stock 617700109 54 -59 -52.21 7 -41.67 0.0010
2019-06-03 2018-12-31 13F/A-10 MORNINGSTAR Stock 617700109 113 -83 -42.35 12 -52.00 0.0007
2019-01-23 2018-12-31 13F MORNINGSTAR Stock 617700109 113 -83 12 0.0007
2019-06-03 2018-09-30 13F/A-9 MORNINGSTAR Stock 617700109 196 91 86.67 25 92.31 0.0010
2018-10-25 2018-09-30 13F MORNINGSTAR Stock 617700109 196 91 25 0.0010
2019-06-03 2018-06-30 13F/A-8 MORNINGSTAR Stock 617700109 105 -34 -24.46 13 0.00 0.0005
2018-08-07 2018-06-30 13F MORNINGSTAR Stock 617700109 105 -3 13
2019-06-03 2018-03-31 13F/A-7 MORNINGSTAR INC COM Stock 617700109 139 0 0.00 13 0.00 0.0006
2018-05-09 2018-03-31 13F MORNINGSTAR Stock 617700109 108 -31 10
2019-06-03 2017-12-31 13F/A-6 MORNINGSTAR INC COM Stock 617700109 139 22 18.80 13 30.00 0.0006
2018-01-24 2017-12-31 13F MORNINGSTAR INC COM Stock 617700109 139 22 13
2017-10-30 2017-09-30 13F MORNINGSTAR INC COM Stock 617700109 117 0 0.00 10 11.11 0.0004
2019-06-03 2017-06-30 13F/A-5 MORNINGSTAR INC COM Stock 617700109 117 0 0.00 9 0.00 0.0004
2017-07-31 2017-06-30 13F MORNINGSTAR INC COM Stock 617700109 117 0 9
2019-06-03 2017-03-31 13F/A-4 MORNINGSTAR INC COM Stock 617700109 117 -4 -3.31 9 0.00 0.0004
2017-04-26 2017-03-31 13F MORNINGSTAR INC COM Stock 617700109 117 -4 9
2019-06-03 2016-12-31 13F/A-3 MORNINGSTAR INC COM Stock 617700109 121 -9 -6.92 9 -10.00 0.0004
2017-02-14 2016-12-31 13F MORNINGSTAR INC COM Stock 617700109 121 -9 9
2016-11-04 2016-09-30 13F MORNINGSTAR INC COM Stock 617700109 130 0 0.00 10 -9.09 0.0005
2019-06-03 2016-06-30 13F/A-2 MORNINGSTAR INC COM Stock 617700109 130 76 140.74 11 57.14 0.0006
2016-08-22 2016-06-30 13F MORNINGSTAR INC COM Stock 617700109 130 76 11
2019-06-03 2016-03-31 13F/A-1 MORNINGSTAR Stock 617700109 54 -81 -60.00 7 -36.36 0.0010
2016-05-02 2016-03-31 13F MORNINGSTAR INC COM Stock 617700109 156 21 14
2016-02-11 2015-12-31 13F MORNINGSTAR INC COM Stock 617700109 135 135 11 0.0007
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.