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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,506 | $73.1B |
| Q1 2026 | 1,548 | $76.1B |
| Q4 2025 | 1,594 | $80.9B |
| Q3 2025 | 1,576 | $87.2B |
| Q2 2025 | 1,610 | $97.3B |
| Q1 2025 | 1,627 | $108.0B |
| Q4 2024 | 1,578 | $94.2B |
| Q3 2024 | 1,531 | $97.1B |
| Q2 2024 | 1,476 | $92.3B |
| Q1 2024 | 1,444 | $89.9B |
| Q4 2023 | 1,376 | $82.4B |
| Q3 2023 | 1,294 | $82.0B |
| Q2 2023 | 1,258 | $81.5B |
| Q1 2023 | 1,228 | $72.1B |
| Q4 2022 | 1,223 | $72.3B |
| Q3 2022 | 1,159 | $65.5B |
| Q2 2022 | 1,150 | $68.6B |
| Q1 2022 | 1,151 | $75.2B |
| Q4 2021 | 1,170 | $77.6B |
| Q3 2021 | 1,078 | $68.0B |
| Q2 2021 | 1,007 | $63.6B |
| Q1 2021 | 979 | $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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nearwater Capital Markets, Ltd | 70,519 | $15.4M | 0.25% | −44,000−38.4% | Reduced |
| L1 Capital International Pty Ltd | 77,347 | $15.8M | 3.87% | +478+0.6% | Added |
| Running Oak Capital LLC | 72,442 | $15.8M | 1.76% | +5,803+8.7% | Added |
| State of Alaska, Department of Revenue | 72,460 | $15.8M | 0.17% | +7,985+12.4% | Added |
| Washington Trust Bank | 72,513 | $15.9M | 1.34% | +4,924+7.3% | Added |
| Kovitz Investment Group Partners, LLC | 72,768 | $15.9M | 0.07% | −8,376−10.3% | Reduced |
| Bridges Investment Management Inc | 73,019 | $16.0M | 0.22% | −2,255−3.0% | Reduced |
| Nixon Peabody Trust Co | 73,171 | $16.0M | 1.24% | −873−1.2% | Reduced |
| Annex Advisory Services, LLC | 73,440 | $16.1M | 0.39% | +10,140+16.0% | Added |
| New York Life Investment Management LLC | 73,780 | $16.1M | 0.15% | +1,246+1.7% | Added |
| Daiwa Securities Group Inc. | 74,523 | $16.3M | 0.06% | +3,951+5.6% | Added |
| Police & Firemen's Retirement System of New Jersey | 74,976 | $16.4M | 0.15% | +3,390+4.7% | Added |
| Twinbeech Capital LP | 76,513 | $16.7M | 0.38% | +76,513 | New |
| British Columbia Investment Management Corp | 77,530 | $17.0M | 0.10% | −16,398−17.5% | Reduced |
| Osborne Partners Capital Management, LLC | 77,560 | $17.0M | 0.90% | −3,502−4.3% | Reduced |
| Segment Wealth Management, LLC | 78,036 | $17.1M | 1.08% | −1,003−1.3% | Reduced |
| Atria Investments LLC | 78,073 | $17.1M | 0.20% | −5,044−6.1% | Reduced |
| Oppenheimer Asset Management Inc. | 79,089 | $17.3M | 0.20% | −1,578−2.0% | Reduced |
| Factory Mutual Insurance Co | 79,400 | $17.4M | 0.19% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 78,665 | $17.6M | 0.04% | +14,211+22.0% | Added |
| Guggenheim Capital LLC | 80,937 | $17.7M | 0.14% | +6,131+8.2% | Added |
| Alps Advisors Inc | 81,201 | $17.8M | 0.10% | −405−0.5% | Reduced |
| USS Investment Management Ltd | 81,192 | $17.8M | 0.11% | +1,347+1.7% | Added |
| Utah Retirement Systems | 81,210 | $17.8M | 0.19% | −347−0.4% | Reduced |
| Wesleyan Assurance Society | 81,926 | $17.9M | 1.16% | 00.0% | Unchanged |
| Martingale Asset Management L P | 82,254 | $18.0M | 0.44% | −993−1.2% | Reduced |
| Cadinha & Co LLC | 82,727 | $18.1M | 3.00% | +82,727 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 83,069 | $18.2M | 0.06% | −43,861−34.6% | Reduced |
| ExodusPoint Capital Management, LP | 84,002 | $18.4M | 0.22% | +79,891+1,943.3% | Added |
| Sanctuary Advisors, LLC | 84,109 | $18.4M | 0.11% | −1,495−1.7% | Reduced |
| Xponance, Inc. | 84,277 | $18.4M | 0.15% | +6,098+7.8% | Added |
| Northwest & Ethical Investments L.P. | 85,130 | $18.6M | 0.46% | −14,584−14.6% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 86,785 | $19.0M | 0.04% | +3,934+4.7% | Added |
| Engineers Gate Manager LP | 87,191 | $19.1M | 0.24% | +56,059+180.1% | Added |
| Vancity Investment Management Ltd | 87,911 | $19.2M | 2.43% | −2,321−2.6% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 89,033 | $19.5M | 0.55% | −19,962−18.3% | Reduced |
| Kames Capital plc | 89,793 | $19.6M | 0.25% | −11,882−11.7% | Reduced |
| Varma Mutual Pension Insurance Co | 90,704 | $19.8M | 0.15% | −6,000−6.2% | Reduced |
| Baillie Gifford & Co | 92,648 | $20.3M | 0.02% | −5,034−5.2% | Reduced |
| IFM Investors Pty Ltd | 93,731 | $20.5M | 0.20% | +5,577+6.3% | Added |
| O'Shaughnessy Asset Management, LLC | 94,414 | $20.6M | 0.14% | −3,147−3.2% | Reduced |
| Aptus Capital Advisors, LLC | 94,685 | $20.7M | 0.20% | +7,389+8.5% | Added |
| Commonwealth Equity Services, LLC | 94,712 | $20.7M | 0.03% | −3,284−3.4% | Reduced |
| TD Waterhouse Canada Inc. | 95,850 | $20.9M | 0.15% | +6,088+6.8% | Added |
| Quantinno Capital Management LP | 95,435 | $20.9M | 0.09% | +25,372+36.2% | Added |
| Tudor Investment Corp Et Al | 96,609 | $21.1M | 0.16% | +96,609 | New |
| Van Eck Associates Corp | 96,809 | $21.2M | 0.02% | −11,242−10.4% | Reduced |
| KBC Group NV | 96,839 | $21.2M | 0.06% | −2,230−2.3% | Reduced |
| Ninety One North America, Inc. | 98,045 | $21.4M | 1.05% | +31,368+47.0% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 98,678 | $21.6M | 0.06% | +1,653+1.7% | Added |
| Crestwood Advisors Group LLC | 98,812 | $21.6M | 0.39% | −300.0% | Reduced |
| Amalgamated Bank | 100,102 | $21.9M | 0.17% | −3,868−3.7% | Reduced |
| Kempen Capital Management N.V. | 100,633 | $22.0M | 0.21% | −82,970−45.2% | Reduced |
| Washington Trust Co | 101,085 | $22.1M | 0.78% | +265+0.3% | Added |
| Public Sector Pension Investment Board | 101,426 | $22.2M | 0.09% | −29,911−22.8% | Reduced |
| Railway Pension Investments Ltd | 102,800 | $22.5M | 0.32% | +12,000+13.2% | Added |
| Davenport & Co LLC | 103,005 | $22.5M | 0.12% | +2,130+2.1% | Added |
| Carnegie Capital Asset Management, LLC | 103,395 | $22.6M | 0.45% | +8,850+9.4% | Added |
| Adage Capital Partners GP, L.L.C. | 104,261 | $22.8M | 0.04% | −253,600−70.9% | Reduced |
| Walter Public Investments Inc. | 104,706 | $22.9M | 3.88% | −14,420−12.1% | Reduced |
| Boston Family Office LLC | 105,293 | $23.0M | 1.53% | −208−0.2% | Reduced |
| Retirement Systems of Alabama | 105,730 | $23.1M | 0.08% | +192+0.2% | Added |
| Prudential PLC | 106,302 | $23.2M | 0.14% | +14,589+15.9% | Added |
| Toroso Investments, LLC | 107,482 | $23.5M | 0.15% | +85,535+389.7% | Added |
| Man Group plc | 107,570 | $23.5M | 0.05% | +48,738+82.8% | Added |
| Brown Brothers Harriman & Co | 107,760 | $23.6M | 0.15% | +1,444+1.4% | Added |
| Cetera Investment Advisers | 108,347 | $23.7M | 0.04% | +4,159+4.0% | Added |
| Creative Planning | 109,729 | $24.0M | 0.02% | −84−0.1% | Reduced |
| Scotia Capital Inc. | 110,119 | $24.1M | 0.11% | +7,023+6.8% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 111,001 | $24.3M | 0.22% | +2,321+2.1% | Added |
| ProShare Advisors LLC | 111,988 | $24.5M | 0.05% | −3,853−3.3% | Reduced |
| Hancock Whitney Corp | 112,178 | $24.5M | 0.47% | +112,178 | New |
| ASR Vermogensbeheer N.V. | 115,382 | $25.2M | 0.33% | +1,077+0.9% | Added |
| Swiss Life Asset Management Ltd | 116,034 | $25.4M | 0.15% | +32,195+38.4% | Added |
| Advisor Group Holdings, Inc. | 109,466 | $25.4M | 0.05% | +65,507+149.0% | Added |
| DnB Asset Management AS | 117,942 | $25.8M | 0.11% | −17,513−12.9% | Reduced |
| Czech National Bank | 120,440 | $26.3M | 0.21% | +7,635+6.8% | Added |
| Trexquant Investment LP | 120,576 | $26.4M | 0.30% | +103,144+591.7% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 120,844 | $26.4M | 0.14% | +8,529+7.6% | Added |
| Neuberger Berman Group LLC | 121,366 | $26.5M | 0.02% | +4,304+3.7% | Added |
| Choate Investment Advisors | 121,840 | $26.6M | 0.58% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 123,602 | $27.0M | 0.22% | +7,800+6.7% | Added |
| Capital Investment Advisors, LLC | 124,742 | $27.3M | 0.49% | +11,364+10.0% | Added |
| Quantbot Technologies LP | 125,817 | $27.5M | 0.71% | +87,600+229.2% | Added |
| Ensign Peak Advisors, Inc | 128,031 | $28.0M | 0.05% | −244−0.2% | Reduced |
| MetLife Investment Management | 128,226 | $28.0M | 0.16% | −2,313−1.8% | Reduced |
| Comerica Bank | 129,482 | $28.3M | 0.11% | −15,014−10.4% | Reduced |
| CIBC Asset Management Inc | 129,800 | $28.4M | 0.09% | +4,659+3.7% | Added |
| EULAV Asset Management | 132,000 | $28.9M | 0.68% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 132,924 | $29.1M | 0.13% | −53,615−28.7% | Reduced |
| Badgley Phelps Wealth Managers, LLC | 133,120 | $29.1M | 0.64% | −1,196−0.9% | Reduced |
| Cumberland Partners Ltd | 135,232 | $29.6M | 2.05% | −932−0.7% | Reduced |
| Bowen Hanes & Co Inc | 135,501 | $29.6M | 0.75% | −75,320−35.7% | Reduced |
| Stock Yards Bank & Trust Co | 137,283 | $30.0M | 1.00% | +14,685+12.0% | Added |
| Glenmede Investment Management, LP | 137,578 | $30.1M | 0.15% | +137,578 | New |
| Susquehanna International Group, LLP | 137,696 | $30.1M | 0.05% | +97,607+243.5% | Added |
| Formuepleje A/S | 123,471 | $30.1M | 1.72% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 141,029 | $30.3M | 0.05% | +37,478+36.2% | Added |
| Teacher Retirement System of Texas | 139,505 | $30.5M | 0.13% | −64,171−31.5% | Reduced |
| State of Michigan Retirement System | 139,975 | $30.6M | 0.16% | −700−0.5% | Reduced |