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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, Q2 2025

Institutional positions in Marsh & McLennan Companies, Inc. as of Jun 30, 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
1,610
+2 vs. Q1 2025
Shares held
447.6M
+6.17M (+1.4%) vs. Q1 2025
Total value
$97.3B
−$10.4B (−9.7%) vs. Q1 2025
New holders
131
617 more added
Sold out
129
591 more reduced

19 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 1,610 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 heldQ2 2025: $97.3B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Marsh & McLennan Companies, Inc.; share changes are against Q1 2025.

Institutions holding MRSH in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc46,158,562$10.1B0.16%+837,117+1.8%Added
BlackRock, Inc.40,273,528$8.81B0.17%−327,691−0.8%Reduced
State Street Corp21,441,578$4.69B0.18%−48,901−0.2%Reduced
FMR LLC20,036,974$4.38B0.25%−2,114,616−9.5%Reduced
Capital International Investors18,369,664$4.02B0.69%+95,450+0.5%Added
Capital World Investors17,610,131$3.85B0.56%−40,872−0.2%Reduced
Wellington Management Group LLP13,831,044$3.02B0.55%+1,016,256+7.9%Added
Geode Capital Management, LLC12,684,210$2.76B0.19%+196,475+1.6%Added
Price T Rowe Associates Inc10,042,837$2.20B0.25%+1,515,596+17.8%Added
Capital Research Global Investors9,792,241$2.14B0.43%+3,211,310+48.8%Added
Massachusetts Financial Services Co9,676,163$2.12B0.67%−420,978−4.2%Reduced
Ameriprise Financial Inc6,842,335$1.49B0.37%−950,747−12.2%Reduced
Bank of America Corp6,619,135$1.45B0.12%−524,453−7.3%Reduced
Morgan Stanley6,494,294$1.42B0.09%−347,481−5.1%Reduced
Norges Bank6,076,595$1.33B0.17%+359,124+6.3%Added
Northern Trust Corp5,727,176$1.25B0.17%−166,235−2.8%Reduced
UBS Asset Management Americas Inc5,706,940$1.25B0.25%+526,018+10.2%Added
Mawer Investment Management Ltd.5,374,871$1.18B5.96%−597,241−10.0%Reduced
Goldman Sachs Group Inc4,599,815$1.01B0.16%+254,604+5.9%Added
UBS Group AG4,539,709$992.6M0.21%−205,119−4.3%Reduced
JPMorgan Chase & Co4,451,953$973.4M0.07%+218,915+5.2%Added
Nuveen, LLC4,116,867$900.1M0.25%−139,142−3.3%Reduced
Wells Fargo & Company3,563,950$779.2M0.17%−25,892−0.7%Reduced
Artisan Partners Limited Partnership3,443,454$752.9M1.12%+32,118+0.9%Added
Legal & General Group Plc3,155,101$689.8M0.17%−188,198−5.6%Reduced
Deutsche Bank AG3,154,512$689.7M0.25%−73,378−2.3%Reduced
Bank of New York Mellon Corp3,076,874$672.7M0.13%−190,012−5.8%Reduced
Charles Schwab Investment Management Inc2,901,598$634.4M0.11%+43,462+1.5%Added
Royal Bank of Canada2,822,214$617.0M0.12%+176,089+6.7%Added
Amundi2,892,576$615.3M0.21%+1,363,706+89.2%Added
Parnassus Investments2,659,484$581.5M1.34%−137,993−4.9%Reduced
Nippon Life Insurance Co2,622,700$573.4M8.66%00.0%Unchanged
Lazard Asset Management LLC2,593,291$567.0M0.78%+254,912+10.9%Added
Clearbridge Investments, LLC2,562,974$560.4M0.45%−380,066−12.9%Reduced
Invesco Ltd.2,539,360$555.2M0.09%−56,354−2.2%Reduced
Ninety One UK Ltd2,527,744$552.7M1.30%+157,066+6.6%Added
Jensen Investment Management Inc2,423,637$529.9M6.21%−206,049−7.8%Reduced
Mackenzie Financial Corp2,285,194$499.6M0.65%+1,554,114+212.6%Added
Longview Partners (Guernsey) LTD2,269,216$496.1M4.27%−136,400−5.7%Reduced
Stifel Financial Corp2,255,144$493.1M0.48%−16,442−0.7%Reduced
Dimensional Fund Advisors LP2,020,456$441.7M0.10%−41,822−2.0%Reduced
Primecap Management Co1,962,826$429.2M0.34%−725,100−27.0%Reduced
Bahl & Gaynor Inc1,933,318$422.7M2.14%−27,178−1.4%Reduced
Robeco Institutional Asset Management B.V.1,889,293$413.1M0.67%−88,926−4.5%Reduced
Janus Henderson Group PLC1,854,931$405.6M0.20%−87,375−4.5%Reduced
California Public Employees Retirement System1,822,252$398.4M0.25%−349,494−16.1%Reduced
Ako Capital LLP1,782,200$389.7M4.92%−339,530−16.0%Reduced
Barclays PLC1,554,385$339.9M0.13%−564,129−26.6%Reduced
Franklin Resources Inc1,521,433$332.6M0.09%−21,416−1.4%Reduced
Veritas Investment Partners (UK) Ltd.1,518,006$331.9M6.03%+6,710+0.4%Added
Swiss National Bank1,491,600$326.1M0.20%+106,500+7.7%Added
Manufacturers Life Insurance Company, The1,341,359$293.3M0.26%+593,353+79.3%Added
Waverton Investment Management Ltd1,292,140$282.6M3.89%+86,182+7.1%Added
Qube Research & Technologies Ltd1,282,580$280.4M0.39%+120,094+10.3%Added
Alliancebernstein L.P.1,279,323$279.7M0.09%−113,412−8.1%Reduced
Envestnet Asset Management Inc1,270,324$277.7M0.08%+29,127+2.3%Added
HSBC Holdings PLC1,230,414$268.5M0.17%−169,194−12.1%Reduced
FIL Ltd1,204,733$263.4M0.23%+63,264+5.5%Added
D. E. Shaw & Co., Inc.1,204,529$263.4M0.26%+397,615+49.3%Added
Sumitomo Mitsui Trust Holdings, Inc.1,189,513$260.1M0.16%+4080.0%Added
Great West Life Assurance Co1,186,608$260.0M0.41%−19,019−1.6%Reduced
DekaBank Deutsche Girozentrale1,193,291$258.7M0.46%+18,008+1.5%Added
First Trust Advisors LP1,172,398$256.3M0.21%+94,798+8.8%Added
American Century Companies Inc1,104,953$241.6M0.13%−840.0%Reduced
Aviva PLC1,080,184$236.2M0.49%+31,669+3.0%Added
Jennison Associates LLC1,051,055$229.8M0.14%+727,714+225.1%Added
National Pension Service1,015,487$222.0M0.19%+37,025+3.8%Added
Two Sigma Investments, LP993,284$217.2M0.39%+778,413+362.3%Added
Rathbone Brothers plc990,944$216.7M0.93%+220,278+28.6%Added
Renaissance Technologies LLC973,931$212.9M0.28%+354,931+57.3%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.957,356$209.3M0.17%+65,642+7.4%Added
Rhumbline Advisers948,045$207.3M0.18%−41,917−4.2%Reduced
Raymond James Financial Inc928,508$203.0M0.07%−4,604−0.5%Reduced
TD Asset Management Inc925,535$202.4M0.17%−43,275−4.5%Reduced
Polar Capital Holdings Plc910,000$199.0M1.04%+36,000+4.1%Added
Swedbank AB896,659$196.0M0.22%+896,659New
Findlay Park Partners LLP885,767$193.7M2.00%−244,600−21.6%Reduced
Storebrand Asset Management AS865,365$189.2M0.55%−130,778−13.1%Reduced
Principal Financial Group Inc811,629$177.5M0.09%−28,664−3.4%Reduced
Natixis Advisors, L.P.810,004$177.1M0.28%+5,251+0.7%Added
Assenagon Asset Management S.A.808,800$176.8M0.28%+793,052+5,035.9%Added
California State Teachers Retirement System790,336$172.8M0.19%−59,327−7.0%Reduced
Worldquant Millennium Advisors LLC753,658$164.8M0.82%+150,191+24.9%Added
Capital Group Private Client Services, Inc.748,784$163.7M1.42%−18,871−2.5%Reduced
Markel Group Inc.SuperinvestorMarkel Group748,750$163.7M1.38%+5,250+0.7%Added
Voloridge Investment Management, LLC713,413$156.0M0.57%−263,282−27.0%Reduced
Millennium Management LLC693,691$151.7M0.14%+275,712+66.0%Added
Assetmark, Inc684,512$149.7M0.35%+26,360+4.0%Added
Nordea Investment Management AB658,140$142.8M0.13%−120,623−15.5%Reduced
Acadian Asset Management LLC642,091$140.4M0.29%−563,031−46.7%Reduced
CCLA Investment Management Ltd641,509$140.3M2.30%+40,136+6.7%Added
Epoch Investment Partners, Inc.631,147$138.0M0.71%−89,687−12.4%Reduced
New York State Common Retirement Fund626,229$136.9M0.18%−2,690−0.4%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.614,661$134.4M0.33%+270,205+78.4%Added
Lord, Abbett & Co. LLC600,223$131.2M0.42%−66,823−10.0%Reduced
The PNC Financial Services Group, Inc.598,381$130.8M0.08%+2,530+0.4%Added
Bank of Montreal567,020$124.0M0.06%−285,453−33.5%Reduced
Sarasin & Partners LLP559,328$122.3M1.22%+559,328New
Prudential Financial Inc557,486$121.9M0.16%−79,821−12.5%Reduced
Capital International Inc553,074$120.9M1.17%+132,653+31.6%Added