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Arthur J. Gallagher & Co.

AJG
Exchange
NYSE
Industry
Insurance Agents, Brokers & Service
SEC CIK
0000354190

In the last 90 days, Arthur J. Gallagher & Co. insiders filed 0 open-market purchases and 4 sales; 1,295 institutions reported holding it in 13F filings for Q2 2026, worth $54.7B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Arthur J. Gallagher & Co. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,299
−15 vs. Q3 2025
Shares held
234.2M
+9.18M (+4.1%) vs. Q3 2025
Total value
$60.6B
−$9.03B (−13.0%) vs. Q3 2025
New holders
159
393 more added
Sold out
174
566 more reduced

28 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AJG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,299 institutions
Q1 2021: 732 institutionsQ2 2021: 779 institutionsQ3 2021: 775 institutionsQ4 2021: 854 institutionsQ1 2022: 817 institutionsQ2 2022: 823 institutionsQ3 2022: 865 institutionsQ4 2022: 921 institutionsQ1 2023: 951 institutionsQ2 2023: 976 institutionsQ3 2023: 999 institutionsQ4 2023: 1,082 institutionsQ1 2024: 1,130 institutionsQ2 2024: 1,153 institutionsQ3 2024: 1,203 institutionsQ4 2024: 1,325 institutionsQ1 2025: 1,360 institutionsQ2 2025: 1,380 institutionsQ3 2025: 1,342 institutionsQ4 2025: 1,299 institutionsQ1 2026: 1,248 institutionsQ2 2026: 1,295 institutions
Value heldQ4 2025: $60.6B
Q1 2021: $20.6BQ2 2021: $24.6BQ3 2021: $26.3BQ4 2021: $30.1BQ1 2022: $31.0BQ2 2022: $29.1BQ3 2022: $31.2BQ4 2022: $34.1BQ1 2023: $34.7BQ2 2023: $39.9BQ3 2023: $42.3BQ4 2023: $41.9BQ1 2024: $46.5BQ2 2024: $49.1BQ3 2024: $52.8BQ4 2024: $65.9BQ1 2025: $79.0BQ2 2025: $72.9BQ3 2025: $69.7BQ4 2025: $60.6BQ1 2026: $49.7BQ2 2026: $54.7B
Institutions holding AJG and their total value by quarter
QuarterHoldersValue
Q2 20261,295$54.7B
Q1 20261,248$49.7B
Q4 20251,299$60.6B
Q3 20251,342$69.7B
Q2 20251,380$72.9B
Q1 20251,360$79.0B
Q4 20241,325$65.9B
Q3 20241,203$52.8B
Q2 20241,153$49.1B
Q1 20241,130$46.5B
Q4 20231,082$41.9B
Q3 2023999$42.3B
Q2 2023976$39.9B
Q1 2023951$34.7B
Q4 2022921$34.1B
Q3 2022865$31.2B
Q2 2022823$29.1B
Q1 2022817$31.0B
Q4 2021854$30.1B
Q3 2021775$26.3B
Q2 2021779$24.6B
Q1 2021732$20.6B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Arthur J. Gallagher & Co.; share changes are against Q3 2025.

Institutions holding AJG in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc31,390,446$8.12B0.12%+217,136+0.7%Added
JPMorgan Chase & Co20,313,249$5.26B0.35%−25,284−0.1%Reduced
BlackRock, Inc.19,239,621$4.98B0.08%+675,641+3.6%Added
FMR LLC15,110,682$3.91B0.20%+2,578,081+20.6%Added
Capital World Investors12,613,371$3.26B0.44%+830,252+7.0%Added
State Street Corp10,953,598$2.83B0.10%+62,518+0.6%Added
Morgan Stanley7,773,808$2.01B0.12%−811,982−9.5%Reduced
Norges Bank7,438,704$1.93B0.21%+7,438,704New
Capital International Investors6,280,455$1.63B0.25%−914,288−12.7%Reduced
Geode Capital Management, LLC6,014,196$1.55B0.10%+12,190+0.2%Added
T. Rowe Price Investment Management, Inc.5,887,538$1.52B0.96%+3,253,498+123.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.3,056,069$782.4M0.53%−51,321−1.7%Reduced
Wellington Management Group LLP2,965,983$767.6M0.13%−304,824−9.3%Reduced
Principal Financial Group Inc2,832,943$733.2M0.37%−33,843−1.2%Reduced
WCM Investment Management, LLC2,380,294$623.2M1.28%−51,704−2.1%Reduced
Northern Trust Corp2,230,272$577.2M0.07%−87,079−3.8%Reduced
Charles Schwab Investment Management Inc2,043,640$528.9M0.08%+14,682+0.7%Added
Brown Advisory Inc2,027,929$524.8M0.73%−489,993−19.5%Reduced
Janus Henderson Group PLC1,869,559$483.9M0.22%+239,272+14.7%Added
Invesco Ltd.1,733,169$448.5M0.04%+85,545+5.2%Added
Goldman Sachs Group Inc1,711,544$442.9M0.06%+309,361+22.1%Added
Capital Research Global Investors1,548,473$400.7M0.07%+7,920+0.5%Added
Bank of America Corp1,508,079$390.3M0.03%−57,918−3.7%Reduced
UBS Asset Management Americas Inc1,446,769$374.4M0.08%−77,792−5.1%Reduced
Legal & General Group Plc1,369,877$354.5M0.08%−15,825−1.1%Reduced
FIL Ltd1,308,089$338.5M0.25%−58,291−4.3%Reduced
Bank of New York Mellon Corp1,306,475$338.1M0.06%−54,394−4.0%Reduced
Envestnet Asset Management Inc1,222,030$316.2M0.09%−192,070−13.6%Reduced
UBS Group AG1,078,443$279.1M0.06%+238,146+28.3%Added
Viking Global Investors LPSuperinvestorViking Global Investors1,040,977$269.4M0.71%+1,040,977New
Findlay Park Partners LLP1,025,521$265.4M3.39%−44,380−4.1%Reduced
Brown Brothers Harriman & Co1,025,195$265.3M1.45%−44,520−4.2%Reduced
APG Asset Management N.V.1,182,859$260.6M0.74%−15,019−1.3%Reduced
Amundi930,585$240.8M0.07%+369,716+65.9%Added
Dodge & Cox880,585$227.9M0.12%+880,585New
Beck Mack & Oliver LLC879,059$227.5M4.13%+144,980+19.7%Added
Baillie Gifford & Co865,260$223.9M0.19%−43,625−4.8%Reduced
Boston Partners830,159$214.8M0.22%−202,094−19.6%Reduced
Guinness Asset Management LTD805,533$211.5M3.43%−25,592−3.1%Reduced
Dimensional Fund Advisors LP805,604$208.5M0.04%+110,066+15.8%Added
Alliancebernstein L.P.793,108$205.2M0.06%−242,524−23.4%Reduced
Chilton Investment Co LLC768,670$198.9M4.15%+2,875+0.4%Added
Swiss National Bank702,620$181.8M0.11%−35,680−4.8%Reduced
Nuveen, LLC682,475$176.6M0.05%−4,061−0.6%Reduced
Deutsche Bank AG677,994$175.5M0.06%−216,568−24.2%Reduced
Barclays PLC674,285$174.5M0.07%−136,959−16.9%Reduced
Stonehage Fleming Financial Services Holdings Ltd670,103$173.4M5.33%+207,507+44.9%Added
Unisphere Establishment644,500$166.8M1.25%+107,000+19.9%Added
Colony Group, LLC644,128$166.7M0.19%+600,252+1,368.1%Added
Citadel Advisors LLC623,960$161.5M0.11%+512,742+461.0%Added
Mawer Investment Management Ltd.613,031$158.6M0.89%−33,267−5.1%Reduced
Sumitomo Mitsui Trust Holdings, Inc.575,690$149.0M0.09%−19,675−3.3%Reduced
Price T Rowe Associates Inc567,739$146.9M0.02%+171,278+43.2%Added
Bank Julius Baer & Co. Ltd, Zurich556,949$144.5M0.40%−2,194−0.4%Reduced
California Public Employees Retirement System538,159$139.3M0.08%−287,669−34.8%Reduced
Raymond James Financial Inc536,685$138.9M0.04%−60,935−10.2%Reduced
Woodline Partners LP535,602$138.6M0.54%+535,602New
Lord, Abbett & Co. LLC535,322$138.5M0.43%−9,783−1.8%Reduced
HSBC Holdings PLC533,477$138.5M0.08%−26,404−4.7%Reduced
National Pension Service508,412$131.6M0.10%+30,784+6.4%Added
Wells Fargo & Company481,532$124.6M0.02%+33,965+7.6%Added
BNP Paribas Arbitrage, SA477,105$123.5M0.08%+128,675+36.9%Added
CCLA Investment Management Ltd470,291$121.7M1.95%−4,891−1.0%Reduced
Royal Bank of Canada469,408$121.5M0.02%−348,651−42.6%Reduced
Global Retirement Partners, LLC445,401$115.3M2.05%−57,624−11.5%Reduced
Rhumbline Advisers442,872$114.6M0.09%−9,056−2.0%Reduced
Milford Funds Ltd432,088$111.8M2.20%+432,088New
Manufacturers Life Insurance Company, The425,354$110.1M0.09%−117,521−21.6%Reduced
Allianz Asset Management GmbH394,219$102.0M0.12%−176,346−30.9%Reduced
Franklin Resources Inc390,311$101.0M0.02%−35,738−8.4%Reduced
TD Asset Management Inc384,529$99.5M0.08%−3,529−0.9%Reduced
California State Teachers Retirement System378,483$97.9M0.10%−8,027−2.1%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH358,099$92.8M0.15%+510.0%Added
Bank of Montreal355,707$92.1M0.04%+117,385+49.3%Added
Fenimore Asset Management Inc354,440$91.7M1.91%−861−0.2%Reduced
Regions Financial Corp348,547$90.2M0.58%−8,328−2.3%Reduced
Natixis Advisors, L.P.313,122$81.0M0.11%−22,126−6.6%Reduced
Credit Agricole S A306,388$79.3M0.22%−1,410−0.5%Reduced
Welch & Forbes LLC294,278$76.2M0.92%+1,508+0.5%Added
Zacks Investment Management289,056$74.8M0.59%−7,822−2.6%Reduced
American Century Companies Inc282,937$73.2M0.04%−83,715−22.8%Reduced
New York State Common Retirement Fund274,563$71.1M0.09%−53,076−16.2%Reduced
Russell Investments Group, Ltd.262,058$67.9M0.07%−41,796−13.8%Reduced
Citigroup Inc261,894$67.8M0.05%+59,373+29.3%Added
Westfield Capital Management Co LP259,491$67.2M0.28%−8,218−3.1%Reduced
Kornitzer Capital Management Inc245,313$63.5M1.32%−1,786−0.7%Reduced
Sands Capital Management, LLC244,255$63.2M0.19%−849,815−77.7%Reduced
Ameriprise Financial Inc238,587$61.8M0.01%−900−0.4%Reduced
NZS Capital, LLC229,704$59.4M1.82%+229,704New
Bowie Capital Management, LLC229,407$59.4M2.45%+123,211+116.0%Added
Welch Group, LLC229,225$59.3M2.29%+2,711+1.2%Added
State Board of Administration of Florida Retirement System220,733$57.1M0.10%−4,030−1.8%Reduced
Westwood Holdings Group Inc.214,761$55.6M0.45%−6,990−3.2%Reduced
Capital International Inc213,685$55.3M0.44%−2,204−1.0%Reduced
SEI Investments Co212,544$55.0M0.05%+7,708+3.8%Added
Federation des caisses Desjardins du Quebec212,356$54.9M0.21%+55,373+35.3%Added
Lazard Asset Management LLC206,238$53.4M0.09%+206,238New
Aviva PLC205,332$53.1M0.09%+7,276+3.7%Added
Artisan Partners Limited Partnership204,838$53.0M0.08%+204,838New
LPL Financial LLC204,312$52.9M0.01%−13,597−6.2%Reduced