13F

Stock

Morningstar, Inc.

MORN · held by 473 managers

Reported value

$5.16B

Holders

473

+6 new · −0 exited

Holders’ est. mark

−$55.6M

Price effect on 8 books still in the name

Largest holder

$516M

Vanguard

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
Vanguard2.37M$516MHeld
BlackRock, Inc.2.36M$513.5MHeld
MORGAN STANLEY2.01M$436M−$28.8MCut−$18.5M
Select Equity Group, L.P.1.52M$330.9MHeld
BAMCO INC /NY/1.24M$269.9MHeld
WELLINGTON MANAGEMENT GROUP LLP1.14M$246.9MHeld
Icahn Capital900.3K$195.6MHeld
State Street746.9K$162.3MHeld
GEODE CAPITAL MANAGEMENT, LLC597K$129.8MHeld
DIMENSIONAL FUND ADVISORS LP472K$102.6MHeld
JANE STREET GROUP, LLC424.3K$92.2MHeld
TWO SIGMA INVESTMENTS, LP382.5K$83.1MHeld
JPMORGAN CHASE & CO365.6K$79.4MHeld
MASSACHUSETTS FINANCIAL SERVICES CO /MA/361.7K$78.6MHeld
TWO SIGMA ADVISERS, LP354.2K$77MHeld
MILLENNIUM MANAGEMENT LLC343.8K$74.7MHeld
WASATCH ADVISORS LP336.1K$73MHeld
Renaissance Technologies323.8K$70.4MHeld
UBS Group AG295.3K$64.2MHeld
NORGES BANK287K$62.4M−$23.7MCut−$37.1M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP285.1K$62MHeld
Invesco Ltd.272K$59.1MHeld
Qube Research & Technologies Ltd242.3K$52.7MHeld
VOLORIDGE INVESTMENT MANAGEMENT, LLC226.6K$49.2MHeld
CHARLES SCHWAB INVESTMENT MANAGEMENT INC189.9K$41.3MHeld
Quantinno Capital Management LP188.8K$41MHeld
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC187.9K$40.8MHeld
NORTHERN TRUST CORP176.6K$38.4MHeld
Bank of New York Mellon Corp170K$36.9MHeld
BANK OF AMERICA CORP /DE/164.3K$35.7M−$2.35MCut−$1.32M
M&G PLC156.2K$33.9MHeld
SCHRODER INVESTMENT MANAGEMENT GROUP150.9K$32.9MHeld
Fidelity149K$32.4MHeld
Point72 Asset Management, L.P.145.9K$31.7MHeld
DF DENT & CO INC145.6K$31.6MHeld
ROYCE & ASSOCIATES LP143K$31.1MHeld
Focus Partners Wealth136.9K$29.8MHeld
GOLDMAN SACHS GROUP INC113.8K$24.7MHeld
AMERICAN CAPITAL MANAGEMENT INC113.1K$24.6MHeld
Copeland Capital Management, LLC105.3K$22.9MHeld
Gotham Asset Management, LLC100.3K$21.8MHeld
PRINCIPAL FINANCIAL GROUP INC88.1K$19.1MHeld
ENVESTNET ASSET MANAGEMENT INC86K$18.7MHeld
Engineers Gate Manager LP78.2K$17MHeld
NORDEA INVESTMENT MANAGEMENT AB76.5K$16.7MHeld
CONGRESS ASSET MANAGEMENT CO74.5K$16.2MHeld
Nuveen, LLC71.1K$15.4MHeld
CONFLUENCE INVESTMENT MANAGEMENT LLC71K$15.4MHeld
Chicago Capital, LLC69K$15MHeld
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC69K$15MHeld
FIRST TRUST ADVISORS LP64.2K$13.9MHeld
RHUMBLINE ADVISERS63.2K$13.7MHeld
CAPITAL FUND MANAGEMENT S.A.61.2K$13.3MHeld
SEI INVESTMENTS CO59.3K$12.9MHeld
MEEDER ASSET MANAGEMENT INC57.7K$12.5MHeld
JANUS HENDERSON GROUP PLC57.6K$12.5MHeld
BARLOW WEALTH PARTNERS, LLC55.5K$12MHeld
IEQ CAPITAL, LLC51.6K$11.2MHeld
Jump Financial, LLC50.5K$11MHeld
Swiss National Bank50K$10.9MHeld
SUSQUEHANNA INTERNATIONAL GROUP, LLP48.3K$10.5MHeld
Sone Capital Management, LLC43.7K$9.49MHeld
PRUDENTIAL FINANCIAL INC42.2K$9.19MHeld
Legal & General Group Plc39.1K$8.5MHeld
PANAGORA ASSET MANAGEMENT INC38.8K$8.43MHeld
Verition Fund Management LLC37.3K$8.12MHeld
California Public Employees Retirement System35.5K$7.71MHeld
CI INVESTMENTS INC.35.1K$7.63MHeld
Squarepoint Ops LLC34.3K$7.45MHeld
BANK OF NOVA SCOTIA34.2K$7.43MHeld
COOPER INVESTORS PTY LTD31.9K$6.93MHeld
RAYMOND JAMES FINANCIAL INC30.8K$6.69MHeld
XTX Topco Ltd30.1K$6.54MHeld
WINTON GROUP Ltd30.1K$6.53MHeld
Creative Planning29.6K$6.43MHeld
Retirement Systems of Alabama28.6K$6.22MHeld
WORLDQUANT MILLENNIUM ADVISORS LLC28.1K$6.11MHeld
NICHOLAS COMPANY, INC.26.3K$5.72MHeld
ALLIANCEBERNSTEIN L.P.26.2K$5.7MHeld
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM25.4K$5.52MHeld
SEGALL BRYANT & HAMILL, LLC23.8K$5.18MHeld
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND23.6K$5.13MHeld
BARCLAYS PLC23.3K$5.05M−$341.8KCut−$4.47M
UNITED CAPITAL FINANCIAL ADVISORS, LLC23.1K$5.03MHeld
D. E. Shaw & Co., Inc.22.8K$4.95MHeld
WELLS FARGO & COMPANY/MN22.8K$4.95MHeld
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM22.7K$4.93MHeld
Corient Private Wealth LLC21.5K$4.68MHeld
Trexquant Investment LP20.3K$4.42MHeld
Crawford Fund Management, LLC20.3K$4.41MHeld
AMERIPRISE FINANCIAL INC19.8K$4.3MHeld
BNP PARIBAS FINANCIAL MARKETS19.8K$4.29MHeld
CANADA PENSION PLAN INVESTMENT BOARD18.9K$4.11MHeld
OSAIC HOLDINGS, INC.17.8K$3.87MHeld
MANUFACTURERS LIFE INSURANCE COMPANY, THE17.8K$3.86MHeld
Berkeley, Inc17.4K$3.78MHeld
Mariner, LLC17K$3.69MHeld
Cerity Partners LLC16.7K$3.62MHeld
Allianz Asset Management GmbH16.6K$3.61MHeld
MidFirst Bank15.6K$3.4MHeld
Jain Global LLC15.6K$3.39MHeld
Vident Advisory, LLC14.4K$3.14MHeld
New Age Alpha Advisors, LLC14.1K$3.05MHeld
KORNITZER CAPITAL MANAGEMENT INC /KS13.8K$3MHeld
STIFEL FINANCIAL CORP13.5K$2.93MHeld
MML INVESTORS SERVICES, LLC13.3K$2.88MHeld
Cardinal Capital Management13K$2.83MHeld
Connor, Clark & Lunn Investment Management Ltd.13K$2.83MHeld
HighTower Advisors, LLC12.9K$2.81MHeld
Southeast Asset Advisors, LLC12.8K$2.79MHeld
NEW YORK STATE COMMON RETIREMENT FUND12.6K$2.75MHeld
Henshaw Capital LLC12.5K$2.72M−$183.6KCut−$177.7K
Headlands Technologies LLC12.4K$2.7MHeld
CITIGROUP INC12.4K$2.69MHeld
MetLife Investment Management, LLC12.4K$2.69MHeld
Quantbot Technologies LP12.2K$2.65MHeld
LAZARD ASSET MANAGEMENT LLC11.9K$2.59MHeld
Fluent Financial, LLC11.7K$2.54MHeld
Numerai GP LLC11.7K$2.54MHeld
VOYA INVESTMENT MANAGEMENT LLC11.7K$2.54MHeld
CAPTRUST FINANCIAL ADVISORS11.5K$2.51MHeld
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC11.2K$2.42MHeld
Schonfeld Strategic Advisors LLC10.7K$2.33MHeld
Motley Fool Asset Management LLC10.3K$2.25MHeld
State of New Jersey Common Pension Fund D10.3K$2.23MHeld
LPL Financial LLC10.2K$2.21MHeld
DARK FOREST CAPITAL MANAGEMENT LP10.1K$2.19MHeld
MERCER GLOBAL ADVISORS INC /ADV10.1K$2.19MHeld
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC9.93K$2.16MHeld
HSBC HOLDINGS PLC9.92K$2.16MHeld
Police & Firemen's Retirement System of New Jersey9.76K$2.12MHeld
YHB Investment Advisors, Inc.9.68K$2.1MHeld
Aurora Investment Counsel9.6K$2.09MHeld
Man Group plc9.54K$2.07MHeld
State of Tennessee, Department of Treasury10K$2.03MHeld
STATE OF WISCONSIN INVESTMENT BOARD8.91K$1.94MHeld
Universal- Beteiligungs- und Servicegesellschaft mbH8.76K$1.91MHeld
DEARBORN PARTNERS LLC8.76K$1.9MHeld
ROYAL BANK OF CANADA8.75K$1.9MHeld
Summit Trail Advisors, LLC8.52K$1.85MHeld
Jefferies Financial Group Inc.8.5K$1.85MHeld
Russell Investments Group, Ltd.8.45K$1.84MHeld
OCCUDO QUANTITATIVE STRATEGIES LP8.23K$1.79MHeld
CEERA INVESTMENTS, LLC8.1K$1.76MHeld
US BANCORP \DE\7.97K$1.73MHeld
TRUIST FINANCIAL CORP7.91K$1.72MHeld
OP Asset Management Ltd7.83K$1.7M−$115.1KCut−$115.1K
Pathstone Holdings, LLC7.73K$1.68MHeld
Zurcher Kantonalbank (Zurich Cantonalbank)7.67K$1.67MHeld
LOOMIS SAYLES & CO L P7.63K$1.66MHeld
Epoch Investment Partners, Inc.7.63K$1.66MHeld
Redmond Asset Management, LLC7.55K$1.64MHeld
BRIGHT ROCK CAPITAL MANAGEMENT, LLC7.5K$1.63MHeld
OPPENHEIMER ASSET MANAGEMENT INC.7.3K$1.59MHeld
Kensington Investment Counsel, LLC7.1K$1.54MHeld
ARIZONA STATE RETIREMENT SYSTEM7.09K$1.54MHeld
Empire Life Investments Inc.7.06K$1.53MHeld
YOUSIF CAPITAL MANAGEMENT, LLC7.35K$1.52MHeld
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO6.96K$1.51MHeld
Louisiana State Employees Retirement System6.6K$1.43MHeld
Ensign Peak Advisors, Inc6.47K$1.41MHeld
COMERICA BANK6.45K$1.4MHeld
Alberta Investment Management Corp6.3K$1.37MNew
Incline Global Management LLC6.28K$1.36MHeld
TEACHER RETIREMENT SYSTEM OF TEXAS6.09K$1.32MHeld
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS5.97K$1.3MHeld
Merit Financial Group, LLC5.9K$1.28MHeld
Cetera Investment Advisers5.86K$1.27MHeld
STATE OF MICHIGAN RETIREMENT SYSTEM5.6K$1.22MHeld
B. Metzler seel. Sohn & Co. AG5.41K$1.18MHeld
KLP KAPITALFORVALTNING AS5.4K$1.17MHeld
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC5.34K$1.16MHeld
Vanguard Personalized Indexing Management, LLC5.22K$1.13MHeld
Bradyco, Inc.4.86K$1.06MHeld
Linden Thomas Advisory Services, LLC4.85K$1.05MHeld
BANK OF MONTREAL /CAN/4.82K$1.05MHeld
OREGON PUBLIC EMPLOYEES RETIREMENT FUND4.73K$1.03MHeld
BENJAMIN EDWARDS INC4.71K$1.02MHeld
TUDOR INVESTMENT CORP ET AL4.71K$1.02M−$69.2KCut−$1.07M
Y-Intercept (Hong Kong) Ltd4.66K$1.01MHeld
LEVEL FOUR ADVISORY SERVICES, LLC4.6K$1MHeld
FOX RUN MANAGEMENT, L.L.C.4.47K$971.6KHeld
Entropy Technologies, LP4.43K$963.8KHeld
Ameritas Investment Partners, Inc.4.37K$950.1KHeld
Martin Capital Advisors, LLP4.2K$913.1KHeld
DIVERSIFY WEALTH MANAGEMENT, LLC4.17K$900.1KHeld
Caprock Group, LLC3.92K$852.9KHeld
Pictet Asset Management Holding SA3.88K$843.4KHeld
XPONANCE LLC3.74K$812.5KHeld
M&T Bank Corp3.73K$810.1KHeld
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.3.66K$795.5KHeld
JOHNSON INVESTMENT COUNSEL INC3.54K$769.7KHeld
VICTORY CAPITAL MANAGEMENT INC3.54K$768.8KHeld
Oak Thistle LLC3.54K$768.2KHeld
MIRABELLA FINANCIAL SERVICES LLP3.52K$766KNew
Aigen Investment Management, LP3.48K$756KHeld
MARSHALL WACE, LLP3.45K$750.6KHeld
HB Wealth Management, LLC3.32K$721.9KHeld
R Squared Ltd3.24K$704.3KHeld
Callan Family Office, LLC3.23K$701.9KHeld
Advisory Services Network, LLC3.17K$689.5KHeld
Kera Capital Partners, Inc.3.4K$686.3KHeld
Voleon Capital Management LP3.14K$682.8KHeld
CAPSTONE INVESTMENT ADVISORS, LLC3.05K$662.6KHeld
NEUBERGER BERMAN GROUP LLC3.03K$658KHeld
BRADLEY FOSTER & SARGENT INC/CT3.02K$656.5KHeld
Sequoia Financial Advisors, LLC2.96K$643.2KHeld
Keeler Thomas Management LLC2.94K$639.3KHeld
Pacer Advisors, Inc.2.88K$626.7KHeld
MACKENZIE FINANCIAL CORP2.86K$622.3KHeld
Sepio Capital, LP2.85K$618.7KHeld
Tidal Investments LLC2.83K$614.7KHeld
TWO SIGMA SECURITIES, LLC2.73K$592.2KHeld
SYON CAPITAL LLC2.7K$587.6KHeld
Brevan Howard Capital Management LP2.53K$549.6KHeld
AlphaQuest LLC2.46K$534.1KHeld
AXQ CAPITAL, LP2.44K$529.4KHeld
Gibbs Wealth Management2.43K$527.8KHeld
EntryPoint Capital, LLC2.39K$518.7KHeld
BLAIR WILLIAM & CO/IL2.38K$518.1KHeld
Sanctuary Advisors, LLC2.38K$516.8K−$25.6KAdded$112.2K
PLANNING ALTERNATIVES LTD /ADV2.36K$512.4KHeld
denkapparat Operations GmbH2.36K$512KHeld
CSS LLC/IL2.32K$504.2KHeld
Curi Capital, LLC2.31K$501.3KHeld
Atria Investments, Inc2.3K$499.2KHeld
COMMERCE BANK2.3K$498.9KHeld
CenterBook Partners LP2.29K$497.4KHeld
Integrated Quantitative Investments LLC2.29K$496.6KHeld
Alliance Wealth Advisors, LLC /UT2.25K$488.1KHeld
AdvisorShares Investments LLC2.22K$482.4KHeld
BROWN ADVISORY INC2.22K$481.9KHeld
Chicago Partners Investment Group LLC2.28K$481.5KHeld
DEUTSCHE BANK AG\2.21K$480.3KHeld
NEW YORK LIFE INVESTMENT MANAGEMENT LLC2.21K$480KHeld
Aaron Wealth Advisors LLC2.2K$478.5KHeld
Pallas Capital Advisors LLC2.18K$474.4KHeld
Focus Partners Advisor Solutions, LLC2.17K$471.1KHeld
Krilogy Financial LLC2.17K$459.2KHeld
Index Fund Advisors, Inc.2.06K$447.4KHeld
Frank, Rimerman Advisors LLC1.98K$429.2KHeld
Federation des caisses Desjardins du Quebec1.93K$419.2KHeld
PINEBRIDGE INVESTMENTS LLC1.92K$417.7KHeld
NORDEN GROUP LLC1.92K$417.6KHeld
FEDERATED HERMES, INC.1.92K$416.8KHeld
Portside Wealth Group, LLC1.91K$414.8KHeld
Spectrum Asset Management, Inc. (NB/CA)1.82K$395.3KHeld
COMMONWEALTH EQUITY SERVICES, LLC1.8K$392.2KHeld
Procyon Advisors, LLC1.79K$389.4KHeld
Kestra Advisory Services, LLC1.79K$389.4KHeld

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.