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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Marsh & McLennan Companies, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Teacher Retirement System of Texas | 145,839 | $29.4M | 0.12% | +6,334+4.5% | Added |
| Forsta Ap-Fonden | 144,200 | $29.1M | 0.17% | −5,500−3.7% | Reduced |
| Arizona State Retirement System | 143,908 | $29.0M | 0.15% | −137−0.1% | Reduced |
| Waycross Partners, LLC | 139,521 | $28.1M | 2.42% | +139,521 | New |
| State of Michigan Retirement System | 138,975 | $28.0M | 0.13% | −1,000−0.7% | Reduced |
| Ensign Peak Advisors, Inc | 138,306 | $27.9M | 0.05% | +10,275+8.0% | Added |
| Glenmede Investment Management, LP | 137,552 | $27.7M | 0.13% | −260.0% | Reduced |
| Cetera Investment Advisers | 137,330 | $27.7M | 0.03% | +28,983+26.8% | Added |
| Stock Yards Bank & Trust Co | 136,493 | $27.5M | 0.86% | −790−0.6% | Reduced |
| Brown Brothers Harriman & Co | 136,179 | $27.4M | 0.17% | +28,419+26.4% | Added |
| Federation des caisses Desjardins du Quebec | 133,963 | $27.0M | 0.11% | +1,039+0.8% | Added |
| Cumberland Partners Ltd | 133,918 | $27.0M | 1.76% | −1,314−1.0% | Reduced |
| EULAV Asset Management | 132,000 | $26.6M | 0.62% | 00.0% | Unchanged |
| Badgley Phelps Wealth Managers, LLC | 131,484 | $26.5M | 0.56% | −1,636−1.2% | Reduced |
| Comerica Bank | 131,172 | $26.4M | 0.10% | +1,690+1.3% | Added |
| CIBC Asset Management Inc | 130,463 | $26.3M | 0.08% | +663+0.5% | Added |
| Public Sector Pension Investment Board | 130,015 | $26.2M | 0.10% | +28,589+28.2% | Added |
| J. Safra Sarasin Holding AG | 125,109 | $25.2M | 0.41% | +123,816+9,575.9% | Added |
| Czech National Bank | 124,863 | $25.2M | 0.17% | +4,423+3.7% | Added |
| MetLife Investment Management | 124,783 | $25.1M | 0.12% | −3,443−2.7% | Reduced |
| State of Tennessee, Treasury Department | 124,625 | $25.1M | 0.08% | −46,763−27.3% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 124,458 | $25.1M | 0.02% | −172,307−58.1% | Reduced |
| Close Asset Management Ltd | 124,130 | $25.0M | 0.56% | −166,226−57.2% | Reduced |
| Teachers Retirement System of the State of Kentucky | 123,602 | $24.9M | 0.19% | 00.0% | Unchanged |
| Swiss Life Asset Management Ltd | 122,894 | $24.8M | 0.13% | +6,860+5.9% | Added |
| Choate Investment Advisors | 121,790 | $24.5M | 0.51% | −500.0% | Reduced |
| Quantinno Capital Management LP | 121,470 | $24.5M | 0.07% | +26,035+27.3% | Added |
| Hancock Whitney Corp | 120,764 | $24.3M | 0.44% | +8,586+7.7% | Added |
| Advisor Group Holdings, Inc. | 120,198 | $24.3M | 0.03% | +10,732+9.8% | Added |
| Alps Advisors Inc | 119,481 | $24.1M | 0.13% | +38,280+47.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 118,057 | $23.8M | 0.12% | −2,787−2.3% | Reduced |
| DnB Asset Management AS | 116,642 | $23.5M | 0.09% | −1,300−1.1% | Reduced |
| Gotham Asset Management, LLC | 115,999 | $23.4M | 0.10% | +71,018+157.9% | Added |
| ASR Vermogensbeheer N.V. | 115,654 | $23.3M | 0.28% | +272+0.2% | Added |
| Coho Partners, Ltd. | 114,928 | $23.2M | 2.97% | −84,880−42.5% | Reduced |
| Susquehanna International Group, LLP | 114,525 | $23.1M | 0.03% | −23,171−16.8% | Reduced |
| Walter Public Investments Inc. | 113,299 | $22.8M | 3.75% | +8,593+8.2% | Added |
| Varma Mutual Pension Insurance Co | 110,604 | $22.3M | 0.14% | +19,900+21.9% | Added |
| Capital Fund Management S.A. | 109,744 | $22.1M | 0.22% | +52,596+92.0% | Added |
| Panagora Asset Management Inc | 109,279 | $22.0M | 0.09% | −67,989−38.4% | Reduced |
| Boston Family Office LLC | 108,928 | $21.9M | 1.40% | +3,635+3.5% | Added |
| ProShare Advisors LLC | 107,984 | $21.8M | 0.05% | −4,004−3.6% | Reduced |
| Creative Planning | 107,840 | $21.7M | 0.02% | −1,889−1.7% | Reduced |
| Formuepleje A/S | 105,657 | $21.3M | 1.20% | −17,814−14.4% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 104,977 | $21.2M | 0.53% | +15,944+17.9% | Added |
| Retirement Systems of Alabama | 104,872 | $21.1M | 0.07% | −858−0.8% | Reduced |
| Glenview Trust Co | 103,427 | $20.8M | 0.33% | +99,530+2,554.0% | Added |
| Distillate Capital Partners LLC | 103,284 | $20.8M | 1.08% | +103,284 | New |
| Washington Trust Co | 102,646 | $20.7M | 0.68% | +1,561+1.5% | Added |
| Van Eck Associates Corp | 101,438 | $20.4M | 0.02% | +4,629+4.8% | Added |
| Scotia Capital Inc. | 100,800 | $20.3M | 0.09% | −9,319−8.5% | Reduced |
| Davenport & Co LLC | 98,837 | $19.9M | 0.11% | −4,168−4.0% | Reduced |
| KBC Group NV | 98,704 | $19.9M | 0.05% | +1,865+1.9% | Added |
| Amalgamated Bank | 98,616 | $19.9M | 0.14% | −1,486−1.5% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 98,286 | $19.8M | 0.06% | −392−0.4% | Reduced |
| Crestwood Advisors Group LLC | 98,286 | $19.8M | 0.34% | −526−0.5% | Reduced |
| Ninety One North America, Inc. | 98,045 | $19.8M | 0.90% | 00.0% | Unchanged |
| Aptus Capital Advisors, LLC | 97,766 | $19.7M | 0.18% | +3,081+3.3% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 97,728 | $19.7M | 0.03% | +10,943+12.6% | Added |
| Carnegie Capital Asset Management, LLC | 97,020 | $19.6M | 0.37% | −6,375−6.2% | Reduced |
| Sanctuary Advisors, LLC | 96,862 | $19.5M | 0.11% | +12,753+15.2% | Added |
| Annex Advisory Services, LLC | 96,356 | $19.4M | 0.41% | +22,916+31.2% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 95,960 | $19.3M | 0.08% | −100,800−51.2% | Reduced |
| Prudential PLC | 95,897 | $19.3M | 0.14% | −10,405−9.8% | Reduced |
| TD Waterhouse Canada Inc. | 95,890 | $19.3M | 0.13% | +400.0% | Added |
| Deprince Race & Zollo Inc | 95,653 | $19.3M | 0.39% | +95,653 | New |
| SG Americas Securities, LLC | 93,243 | $18.8M | 0.07% | +79,276+567.6% | Added |
| IFM Investors Pty Ltd | 93,705 | $18.7M | 0.16% | −260.0% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 91,586 | $18.5M | 0.15% | −19,415−17.5% | Reduced |
| Oppenheimer Asset Management Inc. | 89,337 | $18.0M | 0.20% | +10,248+13.0% | Added |
| O'Shaughnessy Asset Management, LLC | 88,610 | $17.9M | 0.10% | −5,804−6.1% | Reduced |
| Vancity Investment Management Ltd | 88,197 | $17.8M | 2.36% | +286+0.3% | Added |
| Y-Intercept (Hong Kong) Ltd | 85,818 | $17.3M | 0.41% | +22,302+35.1% | Added |
| Northwest & Ethical Investments L.P. | 84,718 | $17.1M | 0.40% | −412−0.5% | Reduced |
| Rockefeller Capital Management L.P. | 82,394 | $16.6M | 0.03% | +3,729+4.7% | Added |
| Baillie Gifford & Co | 82,361 | $16.6M | 0.01% | −10,287−11.1% | Reduced |
| Wesleyan Assurance Society | 81,926 | $16.5M | 0.99% | 00.0% | Unchanged |
| Utah Retirement Systems | 81,559 | $16.4M | 0.16% | +349+0.4% | Added |
| USS Investment Management Ltd | 81,192 | $16.4M | 0.08% | 00.0% | Unchanged |
| Atria Investments LLC | 80,004 | $16.1M | 0.18% | +1,931+2.5% | Added |
| Xponance, Inc. | 79,998 | $16.1M | 0.13% | −4,279−5.1% | Reduced |
| Neuberger Berman Group LLC | 79,688 | $16.1M | 0.01% | −41,678−34.3% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 79,447 | $16.0M | 0.13% | +4,471+6.0% | Added |
| Factory Mutual Insurance Co | 79,400 | $16.0M | 0.16% | 00.0% | Unchanged |
| Segment Wealth Management, LLC | 78,968 | $15.9M | 0.95% | +932+1.2% | Added |
| L1 Capital International Pty Ltd | 78,829 | $15.9M | 3.32% | +1,482+1.9% | Added |
| Guggenheim Capital LLC | 78,556 | $15.8M | 0.12% | −2,381−2.9% | Reduced |
| Washington Trust Bank | 78,388 | $15.8M | 1.16% | +5,875+8.1% | Added |
| Quantbot Technologies LP | 78,065 | $15.7M | 0.43% | −47,752−38.0% | Reduced |
| Daiwa Securities Group Inc. | 77,730 | $15.7M | 0.05% | +3,207+4.3% | Added |
| Kovitz Investment Group Partners, LLC | 77,667 | $15.7M | 0.06% | +4,899+6.7% | Added |
| Osborne Partners Capital Management, LLC | 77,362 | $15.6M | 0.79% | −198−0.3% | Reduced |
| Running Oak Capital LLC | 76,926 | $15.5M | 1.74% | +4,484+6.2% | Added |
| Bridges Investment Management Inc | 76,196 | $15.4M | 0.20% | +3,177+4.4% | Added |
| Strategic Wealth Designers | 76,036 | $15.3M | 1.29% | +70,411+1,251.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 75,675 | $15.3M | 0.05% | −7,394−8.9% | Reduced |
| Edgestream Partners, L.P. | 75,416 | $15.2M | 0.44% | +38,118+102.2% | Added |
| CIBC Bancorp USA Inc. | 74,161 | $14.9M | 0.09% | +74,161 | New |
| Mirae Asset Global Investments Co., Ltd. | 73,768 | $14.9M | 0.05% | +9,214+14.3% | Added |
| Brown Advisory Inc | 73,237 | $14.8M | 0.02% | +4,653+6.8% | Added |