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Marsh & McLennan Companies, Inc.

MRSH
Exchange
NYSE
Industry
Insurance Agents, Brokers & Service
SEC CIK
0000062709

In the last 90 days, Marsh & McLennan Companies, Inc. insiders filed 0 open-market purchases and 6 sales; 1,506 institutions reported holding it in 13F filings for Q2 2026, worth $73.1B in total; superinvestors Harris Associates (Oakmark) and Markel Group hold it.

13F holders, Q1 2025

Institutional positions in Marsh & McLennan Companies, Inc. as of Mar 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
1,627
+79 vs. Q4 2024
Shares held
442.6M
+4.34M (+1.0%) vs. Q4 2024
Total value
$108.0B
+$14.9B (+16.0%) vs. Q4 2024
New holders
178
626 more added
Sold out
99
561 more reduced

30 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MRSH 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 holdersQ1 2025: 1,627 institutions
Q1 2021: 979 institutionsQ2 2021: 1,007 institutionsQ3 2021: 1,078 institutionsQ4 2021: 1,170 institutionsQ1 2022: 1,151 institutionsQ2 2022: 1,150 institutionsQ3 2022: 1,159 institutionsQ4 2022: 1,223 institutionsQ1 2023: 1,228 institutionsQ2 2023: 1,258 institutionsQ3 2023: 1,294 institutionsQ4 2023: 1,376 institutionsQ1 2024: 1,444 institutionsQ2 2024: 1,476 institutionsQ3 2024: 1,531 institutionsQ4 2024: 1,578 institutionsQ1 2025: 1,627 institutionsQ2 2025: 1,610 institutionsQ3 2025: 1,576 institutionsQ4 2025: 1,594 institutionsQ1 2026: 1,548 institutionsQ2 2026: 1,506 institutions
Value heldQ1 2025: $108.0B
Q1 2021: $54.7BQ2 2021: $63.6BQ3 2021: $68.0BQ4 2021: $77.6BQ1 2022: $75.2BQ2 2022: $68.6BQ3 2022: $65.5BQ4 2022: $72.3BQ1 2023: $72.1BQ2 2023: $81.5BQ3 2023: $82.0BQ4 2023: $82.4BQ1 2024: $89.9BQ2 2024: $92.3BQ3 2024: $97.1BQ4 2024: $94.2BQ1 2025: $108.0BQ2 2025: $97.3BQ3 2025: $87.2BQ4 2025: $80.9BQ1 2026: $76.1BQ2 2026: $73.1B
Institutions holding MRSH and their total value by quarter
QuarterHoldersValue
Q2 20261,506$73.1B
Q1 20261,548$76.1B
Q4 20251,594$80.9B
Q3 20251,576$87.2B
Q2 20251,610$97.3B
Q1 20251,627$108.0B
Q4 20241,578$94.2B
Q3 20241,531$97.1B
Q2 20241,476$92.3B
Q1 20241,444$89.9B
Q4 20231,376$82.4B
Q3 20231,294$82.0B
Q2 20231,258$81.5B
Q1 20231,228$72.1B
Q4 20221,223$72.3B
Q3 20221,159$65.5B
Q2 20221,150$68.6B
Q1 20221,151$75.2B
Q4 20211,170$77.6B
Q3 20211,078$68.0B
Q2 20211,007$63.6B
Q1 2021979$54.7B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Marsh & McLennan Companies, Inc.; share changes are against Q4 2024.

Institutions holding MRSH in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc45,321,445$11.1B0.20%+581,930+1.3%Added
BlackRock, Inc.40,601,219$9.91B0.21%−1,019,252−2.4%Reduced
FMR LLC22,151,590$5.41B0.35%+917,186+4.3%Added
State Street Corp21,490,479$5.24B0.22%+239,150+1.1%Added
Capital International Investors18,274,214$4.46B0.88%+30,426+0.2%Added
Capital World Investors17,651,003$4.31B0.70%+123,638+0.7%Added
Wellington Management Group LLP12,814,788$3.13B0.60%+4,505,548+54.2%Added
Geode Capital Management, LLC12,487,735$3.04B0.24%+437,170+3.6%Added
Massachusetts Financial Services Co10,097,141$2.46B0.82%−248,972−2.4%Reduced
Price T Rowe Associates Inc8,527,241$2.08B0.26%−1,623,779−16.0%Reduced
Ameriprise Financial Inc7,793,082$1.90B0.51%−539,391−6.5%Reduced
Bank of America Corp7,143,588$1.74B0.15%+634,474+9.7%Added
Morgan Stanley6,841,775$1.67B0.12%+272,462+4.1%Added
Capital Research Global Investors6,580,931$1.61B0.35%+4,160,208+171.9%Added
Mawer Investment Management Ltd.5,972,112$1.46B7.04%−249,352−4.0%Reduced
Northern Trust Corp5,893,411$1.44B0.21%−40,929−0.7%Reduced
Norges Bank5,717,471$1.40B0.20%−102,342−1.8%Reduced
UBS Asset Management Americas Inc5,180,922$1.26B0.32%−37,566−0.7%Reduced
UBS Group AG4,744,828$1.16B0.26%+467,254+10.9%Added
Goldman Sachs Group Inc4,345,211$1.06B0.20%+319,107+7.9%Added
Nuveen, LLC4,256,009$1.04B0.33%+4,256,009New
JPMorgan Chase & Co4,233,038$1.03B0.08%−576,559−12.0%Reduced
Wells Fargo & Company3,589,842$876.0M0.21%+123,560+3.6%Added
Artisan Partners Limited Partnership3,411,336$832.5M1.35%−73,864−2.1%Reduced
Legal & General Group Plc3,343,299$815.9M0.22%−191,896−5.4%Reduced
Bank of New York Mellon Corp3,266,886$797.2M0.16%−20,013−0.6%Reduced
Deutsche Bank AG3,227,890$787.7M0.31%−491,940−13.2%Reduced
Clearbridge Investments, LLC2,943,040$718.2M0.63%−82,669−2.7%Reduced
Charles Schwab Investment Management Inc2,858,136$697.5M0.13%+65,778+2.4%Added
Parnassus Investments2,797,477$682.7M1.64%−771,664−21.6%Reduced
Primecap Management Co2,687,926$655.9M0.54%−44,400−1.6%Reduced
Royal Bank of Canada2,646,125$645.7M0.14%+198,702+8.1%Added
Jensen Investment Management Inc2,629,686$641.7M7.10%−410,865−13.5%Reduced
Nippon Life Insurance Co2,622,700$640.0M10.15%00.0%Unchanged
Invesco Ltd.2,595,714$633.4M0.12%−231,894−8.2%Reduced
Longview Partners (Guernsey) LTD2,405,616$587.0M4.72%−155,498−6.1%Reduced
Ninety One UK Ltd2,370,678$578.5M1.61%+1,436,044+153.6%Added
Lazard Asset Management LLC2,338,379$570.6M0.88%−397,673−14.5%Reduced
Stifel Financial Corp2,271,586$554.3M0.59%+46,654+2.1%Added
California Public Employees Retirement System2,171,746$530.0M0.37%−66,753−3.0%Reduced
Ako Capital LLP2,121,730$517.8M6.72%+58,902+2.9%Added
Barclays PLC2,118,514$517.0M0.24%−384,177−15.4%Reduced
Dimensional Fund Advisors LP2,062,278$503.2M0.13%+33,651+1.7%Added
Robeco Institutional Asset Management B.V.1,978,219$482.7M0.94%+304,388+18.2%Added
Bahl & Gaynor Inc1,960,496$478.4M2.44%+55,867+2.9%Added
Janus Henderson Group PLC1,942,306$470.8M0.26%−123,190−6.0%Reduced
BNP Paribas Arbitrage, SA1,627,515$397.2M0.30%+556,232+51.9%Added
Franklin Resources Inc1,542,849$376.5M0.11%+615,324+66.3%Added
Amundi1,528,870$373.5M0.14%−2,544,106−62.5%Reduced
Veritas Investment Partners (UK) Ltd.1,511,296$368.8M6.75%+71,853+5.0%Added
HSBC Holdings PLC1,399,608$340.7M0.23%−5,317−0.4%Reduced
Alliancebernstein L.P.1,392,735$339.9M0.12%+54,322+4.1%Added
Swiss National Bank1,385,100$338.0M0.24%−4,200−0.3%Reduced
Envestnet Asset Management Inc1,241,197$302.9M0.10%+16,879+1.4%Added
Great West Life Assurance Co1,205,627$294.8M0.52%+18,315+1.5%Added
Waverton Investment Management Ltd1,205,958$294.3M4.55%+32,308+2.8%Added
Acadian Asset Management LLC1,205,122$294.1M0.83%−363,518−23.2%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,189,105$290.2M0.21%+5,709+0.5%Added
Qube Research & Technologies Ltd1,162,486$283.7M0.44%−289,824−20.0%Reduced
DekaBank Deutsche Girozentrale1,175,283$280.1M0.55%−18,008−1.5%Reduced
FIL Ltd1,141,469$278.6M0.26%+5,454+0.5%Added
Findlay Park Partners LLP1,130,367$275.8M2.84%+242,400+27.3%Added
American Century Companies Inc1,105,037$269.7M0.17%−19,570−1.7%Reduced
First Trust Advisors LP1,077,600$263.0M0.23%−48,024−4.3%Reduced
Aviva PLC1,048,515$255.9M0.62%+43,893+4.4%Added
Storebrand Asset Management AS996,143$243.1M0.79%−175,726−15.0%Reduced
Caisse de Depot Et Placement du Quebec992,436$242.2M0.51%+164,855+19.9%Added
Rhumbline Advisers989,962$241.6M0.23%+28,589+3.0%Added
National Pension Service978,462$238.8M0.23%+44,961+4.8%Added
Voloridge Investment Management, LLC976,695$238.3M0.88%−60,871−5.9%Reduced
TD Asset Management Inc968,810$236.4M0.22%+152,701+18.7%Added
Raymond James Financial Inc933,112$227.7M0.09%−42,729−4.4%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main896,756$218.8M0.25%−55,925−5.9%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.891,714$217.6M0.20%+93,928+11.8%Added
Polar Capital Holdings Plc874,000$213.3M1.32%00.0%Unchanged
Bank of Montreal852,473$208.0M0.11%−152,071−15.1%Reduced
California State Teachers Retirement System849,663$207.3M0.26%−8,441−1.0%Reduced
Principal Financial Group Inc840,293$205.1M0.12%+3,600+0.4%Added
Alphinity Investment Management Pty Ltd827,566$202.0M1.37%−1,600,289−65.9%Reduced
D. E. Shaw & Co., Inc.806,914$196.9M0.23%+461,843+133.8%Added
Natixis Advisors, L.P.804,753$196.4M0.36%+16,022+2.0%Added
Montrusco Bolton Investments Inc.823,645$194.8M2.56%+71,820+9.6%Added
Nordea Investment Management AB778,763$190.4M0.20%−92,522−10.6%Reduced
Rathbone Brothers plc770,666$188.1M0.91%+114,817+17.5%Added
Capital Group Private Client Services, Inc.767,655$187.3M1.83%−25,745−3.2%Reduced
Manufacturers Life Insurance Company, The748,006$182.5M0.17%−233,583−23.8%Reduced
Markel Group Inc.SuperinvestorMarkel Group743,500$181.4M1.61%+8,000+1.1%Added
Mackenzie Financial Corp731,080$178.4M0.25%−38,799−5.0%Reduced
Epoch Investment Partners, Inc.720,834$175.9M0.91%+146,644+25.5%Added
Lord, Abbett & Co. LLC667,046$162.8M0.58%00.0%Unchanged
Assetmark, Inc658,152$160.6M0.44%−8,962−1.3%Reduced
Prudential Financial Inc637,307$155.5M0.22%+153,385+31.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH630,885$154.0M0.31%+71,829+12.8%Added
New York State Common Retirement Fund628,919$153.5M0.23%−41,969−6.3%Reduced
Renaissance Technologies LLC619,000$151.1M0.23%+115,900+23.0%Added
Worldquant Millennium Advisors LLC603,467$147.3M0.93%−12,570−2.0%Reduced
CCLA Investment Management Ltd601,373$146.7M2.60%+52,827+9.6%Added
The PNC Financial Services Group, Inc.595,851$145.4M0.08%+7,910+1.3%Added
Citigroup Inc574,994$140.3M0.11%+243,329+73.4%Added
Credit Agricole S A569,410$139.0M0.52%−103,636−15.4%Reduced