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Morningstar Investment Management LLC — 13F Holdings & Portfolio

CIK 1673385 · latest 13F-HR filed 2026-07-21

Backtest portfolio

Morningstar Investment Management LLC manages $1.62B in 13F-reported U.S. long-equity assets across 317 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GOVT (14.81%), MSFT (3.29%), VTI (3.27%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 0; 0 existing positions rose in reported value and 0 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$1.62B

Long-equity book

Holdings
317

Distinct positions

Period
2026-06-30

Filed 2026-07-21

Q/Q Activity
+2 / −0 / ↑0 / ↓0

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
GOVT14.8% · 0%MSFT3.3% · 0%VTI3.3% · 0%AAPL3.2% · 0%GOOGL2.6% · 0%NVDA2.5% · 0%SCHO2.4% · 0%BNDX2.4% · 0%SPSM2.3% · 0%FNDE1.7% · 0%FTEC1.5% · 0%SLYV1.5% · 0%META1.3% · 0%KXI1.1% · 0%VOX1.0% · 0%VHT0.9% · 0%SCHH0.9% · 0%V0.8% · 0%ICSH0.8% · 0%AMZN0.8% · 0%AVGO0.8% · 0%FLJP0.7% · 0%TSM0.7% · 0%BLK0.7% · 0%XOM0.7% · 0%JNJ0.7% · 0%VGLT0.7% · 0%MA0.6% · 0%SCHW0.6% · 0%CSCO0.6% · 0%PEP0.6% · 0%HON0.6% · 0%KWEB0.6% · 0%IXC0.6% · 0%LMT0.5% · 0%STZ0.5% · 0%PG0.5% · 0%CTSH0.5% · 0%FLBR0.5% · 0%PFE0.5% · 0%FLGB0.5% · 0%WMT0.5% · 0%MDLZ0.5% · 0%RJF0.4% · 0%EMR0.4% · 0%BF.B0.4% · 0%TTE0.4% · 0%LRCX0.4% · 0%ADBE0.4% · 0%BRK.B0.4% · 0%AXP0.4% · 0%ACN0.4% · 0%FAST0.4% · 0%WAT0.4% · 0%UNP0.4% · 0%VTIP0.4% · 0%FOXA0.4% · 0%ROK0.4% · 0%USB0.3% · 0%CL0.3% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 38.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Aug 18, 2026.

Assets Under Management
$87.82B
Discretionary
$87.82B
Employees
267
Accounts
515,981
Address
22 WEST WASHINGTON STREET
CHICAGO, IL 60602
Phone
(312) 696-6000
Website
Name Title / Status Ownership Type
JOHNSON, BROCK, ALLAN ControlCO-PRESIDENT, MORNINGSTAR RETIREMENT
since Jan 2019
Less than 5%Individual
KASUN-FRETZ, SARA, FRANCES ControlCHIEF COMPLIANCE OFFICER & SECRETARY
since Nov 2023
Less than 5%Individual
MORNINGSTAR, INC. ControlSOLE MEMBER
since Sep 1999
75% or moreDomestic Entity
NEEDHAM, DANIEL, EDWARD ControlCO-PRESIDENT, MORNINGSTAR WEALTH
since Feb 2015
Less than 5%Individual
MANSUETO, JOSEPH, D Control
Indirect owner via MORNINGSTAR, INC.
SHAREHOLDER
since Apr 1984
25–50%Individual
Ownership & leadership changes · 15 filings with changes since Apr 2, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Jan 2, 2026 filing
  • No longer listedKemp, Daniel · CHIEF RESEARCH AND INVESTMENT OFFICER · Less than 5% · control person · listed since Jul 2023
Mar 25, 2024 filing
  • No longer listedmotay, rajneesh · HEAD OF ADVICE AND FINANCIAL PLANNING · Less than 5% · control person · listed since Jul 2023
  • ChangedJOHNSON, BROCK, ALLAN · title CO-PRESIDENT, GLOBAL RETIREMENT & WORKPLACE SOLUTIONS → CO-PRESIDENT, MORNINGSTAR RETIREMENT
  • ChangedKASUN-FRETZ, SARA, FRANCES · title INTERIM CHIEF COMPLIANCE OFFICER & SECRETARY → CHIEF COMPLIANCE OFFICER & SECRETARY
  • ChangedNEEDHAM, DANIEL, EDWARD · title CO-PRESIDENT → CO-PRESIDENT, MORNINGSTAR WEALTH
Nov 15, 2023 filing
  • No longer listedLOFTUS, LORI, ANN · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person · listed since Nov 2018
  • AddedKASUN-FRETZ, SARA, FRANCES · INTERIM CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person
Jul 27, 2023 filing
  • AddedKemp, Daniel · CHIEF RESEARCH AND INVESTMENT OFFICER · Less than 5% · control person
  • Addedmotay, rajneesh · HEAD OF ADVICE AND FINANCIAL PLANNING · Less than 5% · control person
Mar 24, 2020 filing
  • ChangedMANSUETO, JOSEPH, D · indirect via MORNINGSTAR, INC.: ownership 50–75% → 25–50%
Jan 6, 2020 filing
  • No longer listedRADGOWSKI, MATTHEW, JOSEPH · MANAGING DIRECTOR · Less than 5% · control person · listed since Jul 2014
Mar 30, 2019 filing
  • Listed againJOHNSON, BROCK, ALLAN · CO-PRESIDENT, GLOBAL RETIREMENT & WORKPLACE SOLUTIONS · Less than 5% · control person
  • ChangedNEEDHAM, DANIEL, EDWARD · title PRESIDENT → CO-PRESIDENT
Dec 15, 2018 filing
  • No longer listedSCHILLING, DONALD, SCOTT · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person · listed since Dec 2015
  • AddedLOFTUS, LORI, ANN · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person
May 31, 2016 filing
  • No longer listedWENTSEL, SCOTT, ALLEN · VICE PRESIDENT · Less than 5% · control person · listed since Jul 2014
Jan 5, 2016 filing
  • No longer listedBARDELL, RITA, KAY · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person · listed since Mar 2014
  • Listed againSCHILLING, DONALD, SCOTT · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person
  • ChangedMORNINGSTAR, INC. · title MEMBER → SOLE MEMBER
Older changes (6 more filings)
Mar 26, 2015 filing
  • No longer listedIDZOREK, THOMAS, MARK · PRESIDENT AND CIO · Less than 5% · control person · listed since May 2012
  • No longer listedJOHNSON, BROCK, ALLAN · VICE PRESIDENT SALES AND MARKETING · Less than 5% · control person · listed since May 2003
  • AddedNEEDHAM, DANIEL, EDWARD · PRESIDENT · Less than 5% · control person
  • AddedRADGOWSKI, MATTHEW, JOSEPH · MANAGING DIRECTOR · Less than 5% · control person
  • AddedWENTSEL, SCOTT, ALLEN · VICE PRESIDENT · Less than 5% · control person
Mar 28, 2014 filing
  • No longer listedSCHILLING, DONALD, SCOTT · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person · listed since Jan 2000
  • AddedBARDELL, RITA, KAY · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person
Jul 15, 2013 filing
  • No longer listedKRAFCISIN, TERESA, M · VICE PRESIDENT - DIRECTOR OF FINANCE · Less than 5% · control person · listed since Jan 2012
Mar 28, 2013 filing
  • ChangedMANSUETO, JOSEPH, D · indirect via MORNINGSTAR, INC.: ownership 25–50% → 50–75%
May 31, 2012 filing
  • No longer listedCHEN, PENG · PRESIDENT · Less than 5% · control person · listed since Nov 2010
  • AddedIDZOREK, THOMAS, MARK · PRESIDENT AND CIO · Less than 5% · control person
Apr 2, 2012 filing (earliest on record)
  • ListedCHEN, PENG · PRESIDENT · Less than 5% · control person
  • ListedJOHNSON, BROCK, ALLAN · VICE PRESIDENT SALES AND MARKETING · Less than 5% · control person
  • ListedKRAFCISIN, TERESA, M · VICE PRESIDENT - DIRECTOR OF FINANCE · Less than 5% · control person
  • ListedMANSUETO, JOSEPH, D · SHAREHOLDER · 25–50% · indirect via MORNINGSTAR, INC. · control person
  • ListedMORNINGSTAR, INC. · MEMBER · 75% or more · control person
  • ListedSCHILLING, DONALD, SCOTT · CHIEF COMPLIANCE OFFICER & SECRETARY · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

  • No increased positions.
Show all 0 →

Top Trims

  • No decreased positions.
Show all 0 →

New Positions

Show all 2 →

Exited Positions

  • No exits this quarter.
Show all 0 →

Morningstar Investment Management LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR GOVT 46429B267 $240.2M 14.81% 10,483,782 SH
2 MICROSOFT CORP MSFT 594918104 $53.4M 3.29% 144,303 SH
3 VANGUARD INDEX FDS VTI 922908769 $53.0M 3.27% 165,190 SH
4 APPLE INC AAPL 037833100 $51.5M 3.18% 202,910 SH
5 ALPHABET INC GOOGL 02079K305 $42.6M 2.63% 148,172 SH
6 NVIDIA CORPORATION NVDA 67066G104 $39.7M 2.45% 227,923 SH
7 SCHWAB STRATEGIC TR SCHO 808524862 $39.2M 2.41% 1,613,491 SH
8 VANGUARD CHARLOTTE FDS BNDX 92203J407 $38.1M 2.35% 793,418 SH
9 SPDR SERIES TRUST SPSM 78468R853 $37.4M 2.31% 774,051 SH
10 SCHWAB STRATEGIC TR FNDE 808524730 $27.7M 1.71% 723,788 SH
11 FIDELITY COVINGTON TRUST FTEC 316092808 $24.5M 1.51% 117,953 SH
12 SPDR SERIES TRUST SLYV 78464A300 $24.2M 1.49% 255,802 SH
13 META PLATFORMS INC META 30303M102 $21.6M 1.33% 37,736 SH
14 ISHARES TR KXI 464288737 $17.5M 1.08% 260,487 SH
15 VANGUARD WORLD FD VOX 92204A884 $17.0M 1.05% 94,391 SH
16 VANGUARD WORLD FD VHT 92204A504 $15.4M 0.95% 56,514 SH
17 SCHWAB STRATEGIC TR SCHH 808524847 $15.2M 0.93% 705,180 SH
18 VISA INC V 92826C839 $13.2M 0.81% 43,563 SH
19 ISHARES TR ICSH 46434V878 $13.1M 0.81% 259,023 SH
20 AMAZON COM INC AMZN 023135106 $12.8M 0.79% 61,551 SH
21 BROADCOM INC AVGO 11135F101 $12.4M 0.76% 39,937 SH
22 FRANKLIN TEMPLETON ETF TR FLJP 35473P744 $11.9M 0.73% 328,512 SH
23 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $11.1M 0.68% 32,832 SH
24 BLACKROCK INC BLK 09290D101 $10.7M 0.66% 11,168 SH
25 EXXON MOBIL CORP XOM 30231G102 $10.7M 0.66% 62,894 SH
26 JOHNSON & JOHNSON JNJ 478160104 $10.7M 0.66% 43,576 SH
27 VANGUARD SCOTTSDALE FDS VGLT 92206C847 $10.6M 0.65% 191,300 SH
28 MASTERCARD INCORPORATED MA 57636Q104 $9.9M 0.61% 19,840 SH
29 SCHWAB CHARLES CORP SCHW 808513105 $9.6M 0.59% 102,422 SH
30 CISCO SYS INC CSCO 17275R102 $9.4M 0.58% 121,235 SH
31 PEPSICO INC PEP 713448108 $9.2M 0.56% 58,982 SH
32 HONEYWELL INTL INC HON 438516106 $9.0M 0.56% 39,968 SH
33 KRANESHARES TRUST KWEB 500767306 $9.0M 0.55% 315,109 SH
34 ISHARES TR IXC 464287341 $8.9M 0.55% 154,885 SH
35 LOCKHEED MARTIN CORP LMT 539830109 $8.2M 0.51% 13,577 SH
36 CONSTELLATION BRANDS INC STZ 21036P108 $8.2M 0.50% 54,523 SH
37 PROCTER & GAMBLE CO PG 742718109 $8.2M 0.50% 56,539 SH
38 COGNIZANT TECHNOLOGY SOLUTIO CTSH 192446102 $8.1M 0.50% 132,839 SH
39 FRANKLIN TEMPLETON ETF TR FLBR 35473P835 $8.1M 0.50% 341,071 SH
40 PFIZER INC PFE 717081103 $7.7M 0.48% 274,915 SH
41 FRANKLIN TEMPLETON ETF TR FLGB 35473P678 $7.5M 0.46% 215,970 SH
42 WALMART INC WMT 931142103 $7.4M 0.46% 59,711 SH
43 MONDELEZ INTL INC MDLZ 609207105 $7.3M 0.45% 126,467 SH
44 RAYMOND JAMES FINL INC RJF 754730109 $7.3M 0.45% 50,079 SH
45 EMERSON ELEC CO EMR 291011104 $7.2M 0.44% 54,671 SH
46 BROWN FORMAN CORP BF.B 115637209 $7.0M 0.43% 266,577 SH
47 TOTALENERGIES SE TTE F92124100 $6.6M 0.41% 72,155 SH
48 LAM RESEARCH CORP LRCX 512807306 $6.4M 0.40% 30,005 SH
49 ADOBE INC ADBE 00724F101 $6.4M 0.39% 26,233 SH
50 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $6.4M 0.39% 13,282 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-21 $1.62B 317 0001104659-26-085281
2026-03-31 2026-05-14 $1.62B 315 0001104659-26-061223
2025-12-31 2026-02-09 $1.69B 327 0001104659-26-011874
2025-09-30 2025-11-17 $2.72B 471 0001104659-25-112875
Filer Information
Address
22 W WASHINGTON STREET
CHICAGO, IL 60602
Phone
(312) 696-6168
Filing Manager
Morningstar Investment Management LLC
CHICAGO, IL
Signatory
Sara Kasun-Fretz
Chief Compliance Officer