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MORN

Morningstar, Inc.

Sector: financeFinancial - Data & Stock ExchangesNASDAQMarket Cap: $6.73B

Morningstar provides independent investment research and data services, with a primary political signal being a single CFO purchase of $186,590 and executive branch holdings by Donald J. Trump.

Govt Dependence
0/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat MORN does

Morningstar, Inc. is an independent provider of investment research, offering data, software, and ratings on stocks, mutual funds, and other investment vehicles. Its revenue is derived from asset-based fees for its investment management services, subscription-based access to its research and data platforms, and licensing of its intellectual property. The company operates globally, serving individual investors, financial advisors, and institutional clients.

Executive Branch ConflictsMORN held by Trump-administration officials

1 cabinet/senior official reported MORN positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsMORN federal contracts

MORN doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding MORN

$1.89B
Total MORN held by tracked 13F funds
39
Funds with MORN positions
+39
Funds opened this quarter
Millennium Management $255M opened 2025-06-30
Millennium Management $162M opened 2025-03-31
Millennium Management $158M opened 2024-09-30
Renaissance Technologies $107M opened 2025-09-30
Millennium Management $97M opened 2024-12-31
Millennium Management $95M opened 2024-06-30
Renaissance Technologies $83M opened 2025-06-30
Two Sigma Investments $83M opened 2 overlap 2025-12-31
31 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading MORNMembers of Congress with recent MORN positions

2 politicians traded MORN across 13 disclosed transactions totaling $153K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just MORN). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading MORN

2026-04-16 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2026-04-17 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2026-04-30 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2026-02-25 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2026-02-19 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2026-02-06 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2026-01-15 April McClain Delaney D-Maryland · house Sale $1,001 - $15,000
2025-08-04 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000
2025-08-04 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000
2025-08-02 April McClain Delaney D-Maryland · house purchase $15,001 - $50,000
2025-08-02 April McClain Delaney D-Maryland · house Purchase $15,001 - $50,000
2025-07-22 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000
15+ trades on file · most recent 2026-05-07

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Open-market buys

B
Insider signal score 50/100 · 1 distinct insiders · 1 open-market buys totaling $187K (incl. 1 CEO/CFO buy) in the last 180 days.
2026-03-04 Holt Michael Chief Financial Officer BUY 1,000 sh $187K

Stock awards & option exercises

2
stock awards · — market value
2026-03-01 Wiersema Conan CAO & PAO AWARD 301 sh
2026-03-01 Holt Michael Chief Financial Officer AWARD 684 sh
For MORN, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting MORNLive legislation impacting this stock

Political ProfileWhere MORN sits in Washington

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STRUCTURAL: High regulatory density (8 finance bills) but no direct lobbying spend (`get_political_influence.lobbying.total_income`: $0) or donation alignment. EVIDENTIARY: Single CFO purchase ($186,590, `get_corporate_insider_signal.top_buys[0]`) and an executive branch holding by Donald J. Trump (`get_executive_branch_exposure.by_ticker[0].holdings[0]`). Net: Limited direct political engagement contrasts with regulatory exposure and minor insider/executive interest.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Broad financial services regulation impacting data and research providers.
    SEC, CFTC, Congressional Finance Committees
    "`Recent bill_impacts` shows 8 finance-sector bills with impact_ratios between 0.0003-0.0004, indicating regulatory density."

Regulatory opportunities

  • Potential for regulatory frameworks that increase demand for independent, standardized investment data.
    SEC
    "`Recent bill_impacts` sector concentration in finance suggests legislative activity where data providers could be beneficiaries."
Member intelligence layer

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Frequently AskedAbout MORN & political exposure

Does Morningstar, Inc. (MORN) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Morningstar, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own MORN stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in MORN on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded MORN stock?
15 congressional trades by 3 unique members of Congress, most recently on 2026-04-30. See the Congressional Trading panel for politician-by-politician breakdown.
What is MORN political risk profile?
Government dependence: 0/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track MORN political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. MORN data is updated daily from these official federal sources.