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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
Nisa Investment Advisors, LLC156,218$34.2M0.15%−24,019−13.3%Reduced
Lansforsakringar Fondforvaltning AB (publ)153,541$33.6M0.19%−6,250−3.9%Reduced
Union Bancaire Privee, UBP SA141,295$33.4M0.56%+22,384+18.8%Added
US Bancorp151,026$33.0M0.04%−2,522−1.6%Reduced
Janney Montgomery Scott LLC149,864$32.8M0.09%+39,549+35.9%Added
Forsta Ap-Fonden149,700$32.7M0.22%+2,100+1.4%Added
London & Capital Asset Management Ltd148,069$32.4M2.46%+117,886+390.6%Added
Arizona State Retirement System144,045$31.5M0.18%−1,989−1.4%Reduced
Temasek Holdings (Private) Ltd143,356$31.3M0.12%+143,356New
Citadel Advisors LLC140,823$30.8M0.03%−63,352−31.0%Reduced
State of Michigan Retirement System139,975$30.6M0.16%−700−0.5%Reduced
Teacher Retirement System of Texas139,505$30.5M0.13%−64,171−31.5%Reduced
Wealth Enhancement Advisory Services, LLC141,029$30.3M0.05%+37,478+36.2%Added
Formuepleje A/S123,471$30.1M1.72%00.0%Unchanged
Susquehanna International Group, LLP137,696$30.1M0.05%+97,607+243.5%Added
Glenmede Investment Management, LP137,578$30.1M0.15%+137,578New
Stock Yards Bank & Trust Co137,283$30.0M1.00%+14,685+12.0%Added
Bowen Hanes & Co Inc135,501$29.6M0.75%−75,320−35.7%Reduced
Cumberland Partners Ltd135,232$29.6M2.05%−932−0.7%Reduced
Badgley Phelps Wealth Managers, LLC133,120$29.1M0.64%−1,196−0.9%Reduced
Federation des caisses Desjardins du Quebec132,924$29.1M0.13%−53,615−28.7%Reduced
EULAV Asset Management132,000$28.9M0.68%00.0%Unchanged
CIBC Asset Management Inc129,800$28.4M0.09%+4,659+3.7%Added
Comerica Bank129,482$28.3M0.11%−15,014−10.4%Reduced
MetLife Investment Management128,226$28.0M0.16%−2,313−1.8%Reduced
Ensign Peak Advisors, Inc128,031$28.0M0.05%−244−0.2%Reduced
Quantbot Technologies LP125,817$27.5M0.71%+87,600+229.2%Added
Capital Investment Advisors, LLC124,742$27.3M0.49%+11,364+10.0%Added
Teachers Retirement System of the State of Kentucky123,602$27.0M0.22%+7,800+6.7%Added
Choate Investment Advisors121,840$26.6M0.58%00.0%Unchanged
Neuberger Berman Group LLC121,366$26.5M0.02%+4,304+3.7%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys120,844$26.4M0.14%+8,529+7.6%Added
Trexquant Investment LP120,576$26.4M0.30%+103,144+591.7%Added
Czech National Bank120,440$26.3M0.21%+7,635+6.8%Added
DnB Asset Management AS117,942$25.8M0.11%−17,513−12.9%Reduced
Advisor Group Holdings, Inc.109,466$25.4M0.05%+65,507+149.0%Added
Swiss Life Asset Management Ltd116,034$25.4M0.15%+32,195+38.4%Added
ASR Vermogensbeheer N.V.115,382$25.2M0.33%+1,077+0.9%Added
Hancock Whitney Corp112,178$24.5M0.47%+112,178New
ProShare Advisors LLC111,988$24.5M0.05%−3,853−3.3%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd111,001$24.3M0.22%+2,321+2.1%Added
Scotia Capital Inc.110,119$24.1M0.11%+7,023+6.8%Added
Creative Planning109,729$24.0M0.02%−84−0.1%Reduced
Cetera Investment Advisers108,347$23.7M0.04%+4,159+4.0%Added
Brown Brothers Harriman & Co107,760$23.6M0.15%+1,444+1.4%Added
Man Group plc107,570$23.5M0.05%+48,738+82.8%Added
Toroso Investments, LLC107,482$23.5M0.15%+85,535+389.7%Added
Prudential PLC106,302$23.2M0.14%+14,589+15.9%Added
Retirement Systems of Alabama105,730$23.1M0.08%+192+0.2%Added
Boston Family Office LLC105,293$23.0M1.53%−208−0.2%Reduced
Walter Public Investments Inc.104,706$22.9M3.88%−14,420−12.1%Reduced
Adage Capital Partners GP, L.L.C.104,261$22.8M0.04%−253,600−70.9%Reduced
Carnegie Capital Asset Management, LLC103,395$22.6M0.45%+8,850+9.4%Added
Davenport & Co LLC103,005$22.5M0.12%+2,130+2.1%Added
Railway Pension Investments Ltd102,800$22.5M0.32%+12,000+13.2%Added
Public Sector Pension Investment Board101,426$22.2M0.09%−29,911−22.8%Reduced
Washington Trust Co101,085$22.1M0.78%+265+0.3%Added
Kempen Capital Management N.V.100,633$22.0M0.21%−82,970−45.2%Reduced
Amalgamated Bank100,102$21.9M0.17%−3,868−3.7%Reduced
Crestwood Advisors Group LLC98,812$21.6M0.39%−300.0%Reduced
Bank Julius Baer & Co. Ltd, Zurich98,678$21.6M0.06%+1,653+1.7%Added
Ninety One North America, Inc.98,045$21.4M1.05%+31,368+47.0%Added
KBC Group NV96,839$21.2M0.06%−2,230−2.3%Reduced
Van Eck Associates Corp96,809$21.2M0.02%−11,242−10.4%Reduced
Tudor Investment Corp Et Al96,609$21.1M0.16%+96,609New
Quantinno Capital Management LP95,435$20.9M0.09%+25,372+36.2%Added
TD Waterhouse Canada Inc.95,850$20.9M0.15%+6,088+6.8%Added
Commonwealth Equity Services, LLC94,712$20.7M0.03%−3,284−3.4%Reduced
Aptus Capital Advisors, LLC94,685$20.7M0.20%+7,389+8.5%Added
O'Shaughnessy Asset Management, LLC94,414$20.6M0.14%−3,147−3.2%Reduced
IFM Investors Pty Ltd93,731$20.5M0.20%+5,577+6.3%Added
Baillie Gifford & Co92,648$20.3M0.02%−5,034−5.2%Reduced
Varma Mutual Pension Insurance Co90,704$19.8M0.15%−6,000−6.2%Reduced
Kames Capital plc89,793$19.6M0.25%−11,882−11.7%Reduced
Dai-Ichi Life Insurance Company, Ltd89,033$19.5M0.55%−19,962−18.3%Reduced
Vancity Investment Management Ltd87,911$19.2M2.43%−2,321−2.6%Reduced
Engineers Gate Manager LP87,191$19.1M0.24%+56,059+180.1%Added
Mirae Asset Global ETFs Holdings Ltd.86,785$19.0M0.04%+3,934+4.7%Added
Northwest & Ethical Investments L.P.85,130$18.6M0.46%−14,584−14.6%Reduced
Xponance, Inc.84,277$18.4M0.15%+6,098+7.8%Added
Sanctuary Advisors, LLC84,109$18.4M0.11%−1,495−1.7%Reduced
ExodusPoint Capital Management, LP84,002$18.4M0.22%+79,891+1,943.3%Added
Connor, Clark & Lunn Investment Management Ltd.83,069$18.2M0.06%−43,861−34.6%Reduced
Cadinha & Co LLC82,727$18.1M3.00%+82,727New
Martingale Asset Management L P82,254$18.0M0.44%−993−1.2%Reduced
Wesleyan Assurance Society81,926$17.9M1.16%00.0%Unchanged
Utah Retirement Systems81,210$17.8M0.19%−347−0.4%Reduced
USS Investment Management Ltd81,192$17.8M0.11%+1,347+1.7%Added
Alps Advisors Inc81,201$17.8M0.10%−405−0.5%Reduced
Guggenheim Capital LLC80,937$17.7M0.14%+6,131+8.2%Added
Rockefeller Capital Management L.P.78,665$17.6M0.04%+14,211+22.0%Added
Factory Mutual Insurance Co79,400$17.4M0.19%00.0%Unchanged
Oppenheimer Asset Management Inc.79,089$17.3M0.20%−1,578−2.0%Reduced
Atria Investments LLC78,073$17.1M0.20%−5,044−6.1%Reduced
Segment Wealth Management, LLC78,036$17.1M1.08%−1,003−1.3%Reduced
Osborne Partners Capital Management, LLC77,560$17.0M0.90%−3,502−4.3%Reduced
British Columbia Investment Management Corp77,530$17.0M0.10%−16,398−17.5%Reduced
Twinbeech Capital LP76,513$16.7M0.38%+76,513New
Police & Firemen's Retirement System of New Jersey74,976$16.4M0.15%+3,390+4.7%Added
Daiwa Securities Group Inc.74,523$16.3M0.06%+3,951+5.6%Added