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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
Bradley Foster & Sargent Inc539,325$108.7M1.60%+2,291+0.4%Added
Universal- Beteiligungs- und Servicegesellschaft mbH500,813$100.9M0.17%−6,097−1.2%Reduced
Citigroup Inc496,880$100.1M0.07%+9,088+1.9%Added
Bank of Nova Scotia486,511$98.0M0.17%+317,877+188.5%Added
Johnson Investment Counsel Inc456,734$92.0M0.77%+4,307+1.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)452,482$91.2M0.21%−67,864−13.0%Reduced
State Board of Administration of Florida Retirement System446,458$90.0M0.16%−30,057−6.3%Reduced
Birch Hill Investment Advisors LLC439,022$88.5M3.74%+12,399+2.9%Added
Impax Asset Management Group plc430,210$86.7M0.51%−52,198−10.8%Reduced
Mariner, LLC425,494$85.7M0.11%−32,068−7.0%Reduced
Standard Life Aberdeen plc410,219$82.4M0.13%−1540.0%Reduced
Healthcare of Ontario Pension Plan Trust Fund405,462$81.7M0.15%−141,193−25.8%Reduced
Quilter Plc405,379$81.7M1.40%+29,166+7.8%Added
Credit Agricole S A399,553$80.5M0.27%+399,553New
Canada Pension Plan Investment Board393,830$79.4M0.06%+367,101+1,373.4%Added
Citadel Advisors LLC391,529$78.9M0.06%+250,706+178.0%Added
LPL Financial LLC387,955$78.2M0.02%+50,702+15.0%Added
Squarepoint Ops LLC385,231$77.6M0.17%−64,621−14.4%Reduced
Sterling Capital Management LLC375,433$75.7M1.11%−31,126−7.7%Reduced
CI Private Wealth, LLC370,459$74.7M0.12%−32,666−8.1%Reduced
Cryder Capital Partners LLP360,629$72.7M4.01%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp349,901$70.5M0.15%−17,842−4.9%Reduced
Natixis346,335$69.8M0.37%+285,127+465.8%Added
Bristol Gate Capital Partners Inc.346,194$69.8M4.12%−11,475−3.2%Reduced
Worldquant Millennium Advisors LLC342,388$69.0M0.30%−411,270−54.6%Reduced
New York State Teachers Retirement System341,749$68.9M0.13%−1540.0%Reduced
APG Asset Management N.V.399,436$68.5M0.19%−2,200−0.5%Reduced
Truist Financial Corp338,416$68.2M0.09%−22,730−6.3%Reduced
HighTower Advisors, LLC336,849$67.9M0.08%+8,079+2.5%Added
Silvercrest Asset Management Group LLC328,895$66.3M0.44%−12,593−3.7%Reduced
Korea Investment CORP327,006$65.9M0.14%−8,516−2.5%Reduced
Public Employees Retirement System of Ohio325,110$65.5M0.21%−7,849−2.4%Reduced
Russell Investments Group, Ltd.324,238$65.3M0.07%−13,357−4.0%Reduced
Baird Financial Group, Inc.323,069$65.1M0.10%−903−0.3%Reduced
Madison Asset Management, LLC319,737$64.4M0.71%+7,358+2.4%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.313,321$62.9M0.16%−301,340−49.0%Reduced
Schroder Investment Management Group311,523$62.4M0.05%−33,718−9.8%Reduced
Cerity Partners LLC305,782$61.6M0.10%−12,112−3.8%Reduced
Banque Pictet & Cie SA301,059$60.7M0.61%+73,091+32.1%Added
Raiffeisen Bank International AG301,514$60.4M0.80%−1120.0%Reduced
Crawford Investment Counsel Inc294,316$59.3M0.98%+7,449+2.6%Added
Jane Street Group, LLC292,857$59.0M0.07%+85,632+41.3%Added
SEI Investments Co288,181$58.1M0.06%+18,726+6.9%Added
Nomura Asset Management Co Ltd285,476$57.5M0.15%−6,405−2.2%Reduced
Pictet & Cie (Europe) SA278,615$56.1M1.12%+58,414+26.5%Added
Cincinnati Financial Corp278,334$56.1M1.11%+278,334New
Cincinnati Insurance Co275,766$55.6M0.86%+275,766New
AMF Pensionsforsakring AB273,821$55.2M0.35%−12,698−4.4%Reduced
State of Wisconsin Investment Board268,351$54.1M0.12%−4,311−1.6%Reduced
Calamos Advisors LLC267,756$54.0M0.22%−8,666−3.1%Reduced
Danske Bank A/S258,814$52.2M0.13%−116,070−31.0%Reduced
National Bank of Canada258,537$52.1M0.06%−34,592−11.8%Reduced
Toronto Dominion Bank255,362$51.5M0.10%−5,809−2.2%Reduced
Vaughan David Investments LLC253,963$51.2M1.10%+5,202+2.1%Added
Allianz Asset Management GmbH252,868$51.0M0.06%−4,429−1.7%Reduced
Chevy Chase Trust Holdings, Inc.251,599$50.7M0.14%−9,555−3.7%Reduced
Allspring Global Investments Holdings, LLC244,686$49.3M0.08%+66,783+37.5%Added
Kayne Anderson Rudnick Investment Management LLC242,889$48.9M0.12%+17,851+7.9%Added
Asset Management One Co.,Ltd.230,471$46.4M0.13%+7,234+3.2%Added
Ycg, LLC228,014$46.0M3.45%+12,437+5.8%Added
Royal London Asset Management Ltd222,299$44.8M0.10%−5,102−2.2%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund222,031$44.7M0.39%+3,900+1.8%Added
Treasurer of the State of North Carolina221,909$44.7M0.14%−8,638−3.7%Reduced
Voya Investment Management LLC214,568$43.2M0.04%−74,363−25.7%Reduced
London & Capital Asset Management Ltd213,194$43.0M3.07%+65,125+44.0%Added
KLP Kapitalforvaltning AS208,674$42.1M0.17%+1,100+0.5%Added
Thrivent Financial for Lutherans205,622$41.4M0.08%+14,434+7.5%Added
Zacks Investment Management205,584$41.4M0.33%+10,628+5.5%Added
Gillespie Robinson & Grimm Inc205,459$41.4M2.91%+4,158+2.1%Added
Pathstone Holdings, LLC204,088$41.1M0.16%−2,404−1.2%Reduced
Victory Capital Management Inc195,491$39.4M0.02%−5,391−2.7%Reduced
Wealth Enhancement Advisory Services, LLC191,398$39.0M0.06%+50,369+35.7%Added
Handelsbanken Fonder AB188,939$38.1M0.12%+9,509+5.3%Added
B. Metzler seel. Sohn & Co. AG188,761$38.0M0.34%+5,543+3.0%Added
Abn Amro Investment Solutions187,127$37.7M0.77%−5,353−2.8%Reduced
Mn Services Vermogensbeheer B.V.186,388$37.6M0.24%+2,200+1.2%Added
Millennium Management LLC184,135$37.1M0.03%−509,556−73.5%Reduced
Capital Group Private Client Services, Inc.183,444$37.0M0.62%−565,340−75.5%Reduced
Tudor Investment Corp Et Al182,841$36.8M0.24%+86,232+89.3%Added
Ilmarinen Mutual Pension Insurance Co181,600$36.6M0.27%+1,100+0.6%Added
Janney Montgomery Scott LLC177,904$35.9M0.08%+28,040+18.7%Added
LGT Capital Partners Ltd.177,731$35.8M1.74%+14,769+9.1%Added
Boston Trust Walden Corp177,555$35.8M0.26%−15,513−8.0%Reduced
Temasek Holdings (Private) Ltd175,306$35.3M0.12%+31,950+22.3%Added
Whittier Trust Co174,402$35.1M0.40%+4,242+2.5%Added
Compagnie Lombard Odier SCmA173,112$34.9M0.38%−35,455−17.0%Reduced
State of New Jersey Common Pension Fund D172,637$34.8M0.13%+7,809+4.7%Added
STRS Ohio172,345$34.7M0.13%+4,905+2.9%Added
Resona Asset Management Co.,Ltd.168,592$33.9M0.16%−10,657−5.9%Reduced
Flputnam Investment Management Co167,968$33.9M0.51%−47,852−22.2%Reduced
Capital Investment Advisors, LLC167,263$33.7M0.56%+42,521+34.1%Added
Adage Capital Partners GP, L.L.C.165,061$33.3M0.05%+60,800+58.3%Added
Fifth Third Bancorp164,318$33.1M0.11%−28,112−14.6%Reduced
Rafferty Asset Management, LLC163,615$33.0M0.11%−211−0.1%Reduced
Aquatic Capital Management LLC162,725$32.8M0.61%+135,882+506.2%Added
Hardman Johnston Global Advisors LLC159,985$32.2M1.58%−39,842−19.9%Reduced
Lansforsakringar Fondforvaltning AB (publ)157,370$31.7M0.16%+3,829+2.5%Added
Horizon Kinetics Asset Management LLC157,219$31.7M0.39%+432+0.3%Added
Nisa Investment Advisors, LLC152,759$30.8M0.12%−3,459−2.2%Reduced
US Bancorp148,374$29.9M0.04%−2,652−1.8%Reduced