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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, Q3 2025

Institutional positions in Marsh & McLennan Companies, Inc. as of Sep 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
1,576
−6 vs. Q2 2025
Shares held
432.7M
−8.65M (−2.0%) vs. Q2 2025
Total value
$87.2B
−$8.72B (−9.1%) vs. Q2 2025
New holders
147
561 more added
Sold out
153
607 more reduced

28 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,576 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 heldQ3 2025: $87.2B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Marsh & McLennan Companies, Inc.; share changes are against Q2 2025.

Institutions holding MRSH in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mn Services Vermogensbeheer B.V.186,388$37.6M0.24%+2,200+1.2%Added
Abn Amro Investment Solutions187,127$37.7M0.77%−5,353−2.8%Reduced
B. Metzler seel. Sohn & Co. AG188,761$38.0M0.34%+5,543+3.0%Added
Handelsbanken Fonder AB188,939$38.1M0.12%+9,509+5.3%Added
Wealth Enhancement Advisory Services, LLC191,398$39.0M0.06%+50,369+35.7%Added
Victory Capital Management Inc195,491$39.4M0.02%−5,391−2.7%Reduced
Pathstone Holdings, LLC204,088$41.1M0.16%−2,404−1.2%Reduced
Gillespie Robinson & Grimm Inc205,459$41.4M2.91%+4,158+2.1%Added
Zacks Investment Management205,584$41.4M0.33%+10,628+5.5%Added
Thrivent Financial for Lutherans205,622$41.4M0.08%+14,434+7.5%Added
KLP Kapitalforvaltning AS208,674$42.1M0.17%+1,100+0.5%Added
London & Capital Asset Management Ltd213,194$43.0M3.07%+65,125+44.0%Added
Voya Investment Management LLC214,568$43.2M0.04%−74,363−25.7%Reduced
Treasurer of the State of North Carolina221,909$44.7M0.14%−8,638−3.7%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund222,031$44.7M0.39%+3,900+1.8%Added
Royal London Asset Management Ltd222,299$44.8M0.10%−5,102−2.2%Reduced
Ycg, LLC228,014$46.0M3.45%+12,437+5.8%Added
Asset Management One Co.,Ltd.230,471$46.4M0.13%+7,234+3.2%Added
Kayne Anderson Rudnick Investment Management LLC242,889$48.9M0.12%+17,851+7.9%Added
Allspring Global Investments Holdings, LLC244,686$49.3M0.08%+66,783+37.5%Added
Chevy Chase Trust Holdings, Inc.251,599$50.7M0.14%−9,555−3.7%Reduced
Allianz Asset Management GmbH252,868$51.0M0.06%−4,429−1.7%Reduced
Vaughan David Investments LLC253,963$51.2M1.10%+5,202+2.1%Added
Toronto Dominion Bank255,362$51.5M0.10%−5,809−2.2%Reduced
National Bank of Canada258,537$52.1M0.06%−34,592−11.8%Reduced
Danske Bank A/S258,814$52.2M0.13%−116,070−31.0%Reduced
Calamos Advisors LLC267,756$54.0M0.22%−8,666−3.1%Reduced
State of Wisconsin Investment Board268,351$54.1M0.12%−4,311−1.6%Reduced
AMF Pensionsforsakring AB273,821$55.2M0.35%−12,698−4.4%Reduced
Cincinnati Insurance Co275,766$55.6M0.86%+275,766New
Cincinnati Financial Corp278,334$56.1M1.11%+278,334New
Pictet & Cie (Europe) SA278,615$56.1M1.12%+58,414+26.5%Added
Nomura Asset Management Co Ltd285,476$57.5M0.15%−6,405−2.2%Reduced
SEI Investments Co288,181$58.1M0.06%+18,726+6.9%Added
Jane Street Group, LLC292,857$59.0M0.07%+85,632+41.3%Added
Crawford Investment Counsel Inc294,316$59.3M0.98%+7,449+2.6%Added
Raiffeisen Bank International AG301,514$60.4M0.80%−1120.0%Reduced
Banque Pictet & Cie SA301,059$60.7M0.61%+73,091+32.1%Added
Cerity Partners LLC305,782$61.6M0.10%−12,112−3.8%Reduced
Schroder Investment Management Group311,523$62.4M0.05%−33,718−9.8%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.313,321$62.9M0.16%−301,340−49.0%Reduced
Madison Asset Management, LLC319,737$64.4M0.71%+7,358+2.4%Added
Baird Financial Group, Inc.323,069$65.1M0.10%−903−0.3%Reduced
Russell Investments Group, Ltd.324,238$65.3M0.07%−13,357−4.0%Reduced
Public Employees Retirement System of Ohio325,110$65.5M0.21%−7,849−2.4%Reduced
Korea Investment CORP327,006$65.9M0.14%−8,516−2.5%Reduced
Silvercrest Asset Management Group LLC328,895$66.3M0.44%−12,593−3.7%Reduced
HighTower Advisors, LLC336,849$67.9M0.08%+8,079+2.5%Added
Truist Financial Corp338,416$68.2M0.09%−22,730−6.3%Reduced
APG Asset Management N.V.399,436$68.5M0.19%−2,200−0.5%Reduced
New York State Teachers Retirement System341,749$68.9M0.13%−1540.0%Reduced
Worldquant Millennium Advisors LLC342,388$69.0M0.30%−411,270−54.6%Reduced
Bristol Gate Capital Partners Inc.346,194$69.8M4.12%−11,475−3.2%Reduced
Natixis346,335$69.8M0.37%+285,127+465.8%Added
Mitsubishi UFJ Trust & Banking Corp349,901$70.5M0.15%−17,842−4.9%Reduced
Cryder Capital Partners LLP360,629$72.7M4.01%00.0%Unchanged
CI Private Wealth, LLC370,459$74.7M0.12%−32,666−8.1%Reduced
Sterling Capital Management LLC375,433$75.7M1.11%−31,126−7.7%Reduced
Squarepoint Ops LLC385,231$77.6M0.17%−64,621−14.4%Reduced
LPL Financial LLC387,955$78.2M0.02%+50,702+15.0%Added
Citadel Advisors LLC391,529$78.9M0.06%+250,706+178.0%Added
Canada Pension Plan Investment Board393,830$79.4M0.06%+367,101+1,373.4%Added
Credit Agricole S A399,553$80.5M0.27%+399,553New
Quilter Plc405,379$81.7M1.40%+29,166+7.8%Added
Healthcare of Ontario Pension Plan Trust Fund405,462$81.7M0.15%−141,193−25.8%Reduced
Standard Life Aberdeen plc410,219$82.4M0.13%−1540.0%Reduced
Mariner, LLC425,494$85.7M0.11%−32,068−7.0%Reduced
Impax Asset Management Group plc430,210$86.7M0.51%−52,198−10.8%Reduced
Birch Hill Investment Advisors LLC439,022$88.5M3.74%+12,399+2.9%Added
State Board of Administration of Florida Retirement System446,458$90.0M0.16%−30,057−6.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)452,482$91.2M0.21%−67,864−13.0%Reduced
Johnson Investment Counsel Inc456,734$92.0M0.77%+4,307+1.0%Added
Bank of Nova Scotia486,511$98.0M0.17%+317,877+188.5%Added
Citigroup Inc496,880$100.1M0.07%+9,088+1.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH500,813$100.9M0.17%−6,097−1.2%Reduced
Bradley Foster & Sargent Inc539,325$108.7M1.60%+2,291+0.4%Added
Pictet Asset Management Holding SA558,002$112.5M0.11%+27,701+5.2%Added
Bank of Montreal567,330$114.3M0.05%+310+0.1%Added
Prudential Financial Inc567,777$114.4M0.14%+10,291+1.8%Added
Nordea Investment Management AB572,964$114.9M0.10%−85,176−12.9%Reduced
New York State Common Retirement Fund587,070$118.3M0.15%−39,159−6.3%Reduced
Macquarie Group Ltd592,509$119.4M0.14%+424,092+251.8%Added
Jennison Associates LLC600,013$120.9M0.07%−451,042−42.9%Reduced
Lord, Abbett & Co. LLC600,223$121.0M0.36%00.0%Unchanged
Acadian Asset Management LLC629,480$126.8M0.22%−12,611−2.0%Reduced
CCLA Investment Management Ltd656,634$132.3M2.12%+15,125+2.4%Added
Capital International Inc667,621$134.5M1.08%+114,547+20.7%Added
The PNC Financial Services Group, Inc.671,907$135.4M0.08%+73,526+12.3%Added
Epoch Investment Partners, Inc.680,915$137.2M0.75%+49,768+7.9%Added
Assetmark, Inc688,583$138.8M0.30%+4,071+0.6%Added
Manufacturers Life Insurance Company, The735,731$148.3M0.12%−605,628−45.2%Reduced
Markel Group Inc.SuperinvestorMarkel Group755,000$152.2M1.23%+6,250+0.8%Added
Principal Financial Group Inc777,177$156.6M0.08%−34,452−4.2%Reduced
California State Teachers Retirement System788,869$159.0M0.16%−1,467−0.2%Reduced
Natixis Advisors, L.P.789,444$159.1M0.23%−20,560−2.5%Reduced
Polar Capital Holdings Plc910,000$183.4M0.88%00.0%Unchanged
Sarasin & Partners LLP926,449$185.5M1.82%+367,121+65.6%Added
Aviva PLC927,765$187.0M0.34%−152,419−14.1%Reduced
Rhumbline Advisers932,537$187.9M0.15%−15,508−1.6%Reduced
Storebrand Asset Management AS979,801$197.5M0.52%+114,436+13.2%Added