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, Q4 2025
Institutional positions in Marsh & McLennan Companies, Inc. as of Dec 31, 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
- 1,594
- +51 vs. Q3 2025
- Shares held
- 435.8M
- +3.70M (+0.9%) vs. Q3 2025
- Total value
- $80.9B
- −$6.18B (−7.1%) vs. Q3 2025
- New holders
- 219
- 527 more added
- Sold out
- 168
- 644 more reduced
33 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Marsh & McLennan Companies, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Mediolanum International Funds Ltd | 19,130 | $3.58M | 0.04% | −1,892−9.0% | Reduced |
| Gamco Investors, Inc. Et Al | 19,347 | $3.59M | 0.03% | 00.0% | Unchanged |
| Lafayette Investments, Inc. | 19,347 | $3.59M | 0.68% | −129−0.7% | Reduced |
| Larson Financial Group LLC | 19,527 | $3.62M | 0.12% | −1,770−8.3% | Reduced |
| Capital Planning Advisors, LLC | 19,546 | $3.63M | 0.48% | −2,543−11.5% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 19,682 | $3.65M | 0.16% | +1,156+6.2% | Added |
| Qsemble Capital Management, LP | 19,894 | $3.69M | 0.31% | +19,894 | New |
| T. Rowe Price Investment Management, Inc. | 19,911 | $3.69M | 0.00% | +6,571+49.3% | Added |
| RBF Capital, LLC | 20,000 | $3.71M | 0.17% | 00.0% | Unchanged |
| Burling Wealth Partners, LLC | 20,168 | $3.74M | 0.58% | −2,166−9.7% | Reduced |
| Town & Country Bank & Trust CO dba First Bankers Trust CO | 20,189 | $3.75M | 1.26% | −407−2.0% | Reduced |
| Cary Street Partners Financial LLC | 20,267 | $3.76M | 0.09% | −2,771−12.0% | Reduced |
| Brown, Lisle/Cummings, Inc. | 20,348 | $3.77M | 0.93% | +10.0% | Added |
| Banque Cantonale Vaudoise | 20,614 | $3.82M | 0.14% | +2,774+15.5% | Added |
| Morton Community Bank | 20,432 | $3.85M | 0.83% | +995+5.1% | Added |
| Tower Research Capital LLC (TRC) | 20,758 | $3.85M | 0.09% | +13,286+177.8% | Added |
| Machina Capital S.A.S. | 21,016 | $3.90M | 0.74% | +6,876+48.6% | Added |
| Agf Management Ltd | 21,064 | $3.91M | 0.02% | +548+2.7% | Added |
| NBT Bank N A | 21,214 | $3.91M | 0.25% | −1,885−8.2% | Reduced |
| Natixis | 21,256 | $3.94M | 0.02% | −325,079−93.9% | Reduced |
| Moneta Group Investment Advisors LLC | 22,064 | $4.09M | 0.03% | −474−2.1% | Reduced |
| Capital International Ltd | 22,073 | $4.09M | 0.14% | −3,572−13.9% | Reduced |
| Quest Partners LLC | 22,134 | $4.11M | 0.23% | +14,048+173.7% | Added |
| BNC Wealth Management, LLC | 22,170 | $4.11M | 1.05% | −113−0.5% | Reduced |
| Edmond de Rothschild Holding S.A. | 22,340 | $4.14M | 0.06% | −26,265−54.0% | Reduced |
| Keybank National Association | 22,416 | $4.16M | 0.01% | +162+0.7% | Added |
| ING Groep NV | 22,613 | $4.20M | 0.03% | −409−1.8% | Reduced |
| New Mexico Educational Retirement Board | 22,641 | $4.20M | 0.13% | +400+1.8% | Added |
| Diversified Trust Co | 23,002 | $4.27M | 0.08% | −74−0.3% | Reduced |
| Occidental Asset Management, LLC | 23,178 | $4.30M | 0.52% | +1,572+7.3% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 23,227 | $4.31M | 0.21% | +3,664+18.7% | Added |
| Ci Investments Inc. | 23,231 | $4.31M | 0.02% | +9,680+71.4% | Added |
| Exencial Wealth Advisors, LLC | 23,397 | $4.34M | 0.14% | −187−0.8% | Reduced |
| FineMark National Bank & Trust | 23,450 | $4.35M | 0.14% | −2,416−9.3% | Reduced |
| QRG Capital Management, Inc. | 23,730 | $4.40M | 0.05% | +929+4.1% | Added |
| Merit Financial Group, LLC | 23,754 | $4.41M | 0.04% | +1,218+5.4% | Added |
| Boston Private Wealth LLC | 23,796 | $4.41M | 0.26% | −3,941−14.2% | Reduced |
| Conning Inc. | 23,938 | $4.44M | 0.15% | +3,476+17.0% | Added |
| Commerce Bank | 24,081 | $4.47M | 0.02% | +235+1.0% | Added |
| ISAM Funds (UK) Ltd | 24,119 | $4.47M | 1.61% | +24,119 | New |
| Concurrent Investment Advisors, LLC | 24,202 | $4.49M | 0.05% | +10,022+70.7% | Added |
| Magnetar Financial LLC | 24,579 | $4.56M | 0.04% | +24,579 | New |
| Maryland State Retirement & Pension System | 24,609 | $4.57M | 0.09% | 00.0% | Unchanged |
| Gulf International Bank (UK) Ltd | 24,654 | $4.57M | 0.15% | 00.0% | Unchanged |
| Te Ahumairangi Investment Management Ltd | 24,687 | $4.58M | 0.82% | +1,580+6.8% | Added |
| Harrington Investments, INC | 24,981 | $4.63M | 2.33% | +605+2.5% | Added |
| Louisiana State Employees Retirement System | 25,000 | $4.64M | 0.08% | −800−3.1% | Reduced |
| Annandale Capital, LLC | 21,380 | $4.65M | 0.76% | +15,141+242.7% | Added |
| Bonness Enterprises Inc | 25,300 | $4.69M | 1.62% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 25,746 | $4.78M | 0.07% | −2,238−8.0% | Reduced |
| Nixon Peabody Trust Co | 25,775 | $4.78M | 0.36% | −46,609−64.4% | Reduced |
| Bridgewater Associates, LP | 25,777 | $4.78M | 0.02% | −36,290−58.5% | Reduced |
| Schaper Benz & Wise Investment Counsel Inc | 25,967 | $4.82M | 0.35% | +297+1.2% | Added |
| First National Bank of Mount Dora, Trust Investment Services | 26,281 | $4.88M | 1.07% | +323+1.2% | Added |
| Snowden Capital Advisors LLC | 26,520 | $4.92M | 0.13% | −2,205−7.7% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 26,527 | $4.92M | 0.04% | +340+1.3% | Added |
| Metis Global Partners, LLC | 26,546 | $4.92M | 0.12% | −2,718−9.3% | Reduced |
| Landscape Capital Management, L.L.C. | 26,614 | $4.94M | 0.33% | +12,946+94.7% | Added |
| Zions Bancorporation, National Association | 26,699 | $4.95M | 0.23% | +2,162+8.8% | Added |
| Tower View Investment Management & Research LLC | 26,989 | $5.01M | 2.48% | −4,064−13.1% | Reduced |
| Aviso Financial Inc. | 27,083 | $5.02M | 0.19% | +1,369+5.3% | Added |
| Steward Partners Investment Advisory, LLC | 27,233 | $5.05M | 0.03% | −17,766−39.5% | Reduced |
| Pinnacle Financial Partners, Inc. | 27,274 | $5.06M | 0.04% | +27,274 | New |
| Twinbeech Capital LP | 27,337 | $5.07M | 0.36% | +17,076+166.4% | Added |
| JB Capital LLC | 27,414 | $5.09M | 0.21% | +6,672+32.2% | Added |
| Norinchukin Bank, The | 27,587 | $5.12M | 0.06% | +1,216+4.6% | Added |
| Vestcor Inc | 27,888 | $5.17M | 0.15% | −11,222−28.7% | Reduced |
| Hartford Investment Management Co | 28,352 | $5.26M | 0.16% | −537−1.9% | Reduced |
| Parcion Private Wealth LLC | 28,480 | $5.28M | 0.32% | +450+1.6% | Added |
| Panagora Asset Management Inc | 28,630 | $5.31M | 0.02% | −80,649−73.8% | Reduced |
| La Banque Postale Asset Management SA | 28,840 | $5.35M | 0.06% | +28,840 | New |
| 1832 Asset Management L.P. | 28,900 | $5.36M | 0.01% | +13,291+85.1% | Added |
| Erste Asset Management GmbH | 28,657 | $5.36M | 0.05% | +291+1.0% | Added |
| Schonfeld Strategic Advisors LLC | 29,323 | $5.44M | 0.03% | −25,120−46.1% | Reduced |
| Capitolis Liquid Global Markets LLC | 29,800 | $5.53M | 0.03% | 00.0% | Unchanged |
| First Manhattan Co | 30,282 | $5.62M | 0.01% | +1,203+4.1% | Added |
| Dai-Ichi Life Insurance Company, Ltd | 30,428 | $5.65M | 0.15% | −74,549−71.0% | Reduced |
| Kentucky Retirement Systems | 30,987 | $5.75M | 0.16% | 00.0% | Unchanged |
| Y-Intercept (Hong Kong) Ltd | 31,018 | $5.75M | 0.13% | −54,800−63.9% | Reduced |
| Lathrop Investment Management Corp | 31,029 | $5.76M | 1.04% | −3,786−10.9% | Reduced |
| Hantz Financial Services, Inc. | 31,714 | $5.88M | 0.09% | +3,320+11.7% | Added |
| Los Angeles Capital Management LLC | 33,017 | $5.90M | 0.02% | −1,857−5.3% | Reduced |
| Cape Cod Five Cents Savings Bank | 26,703 | $5.96M | 0.55% | 00.0% | Unchanged |
| Hamilton Capital Partners Inc. | 32,391 | $6.01M | 0.22% | +4,664+16.8% | Added |
| Bell Asset Management Ltd | 32,325 | $6.04M | 1.61% | −4,236−11.6% | Reduced |
| Hudson Valley Investment Advisors Inc | 32,697 | $6.07M | 0.67% | −14,375−30.5% | Reduced |
| Intech Investment Management LLC | 32,805 | $6.09M | 0.05% | +272+0.8% | Added |
| Auxier Asset Management | 33,115 | $6.14M | 0.86% | −500−1.5% | Reduced |
| Siemens Fonds Invest GmbH | 33,224 | $6.22M | 0.33% | −5,493−14.2% | Reduced |
| M&G Plc | 33,706 | $6.27M | 0.03% | +6,135+22.3% | Added |
| Advisors Asset Management, Inc. | 33,983 | $6.30M | 0.11% | +3,905+13.0% | Added |
| Marks Group Wealth Management, Inc | 34,037 | $6.31M | 0.60% | −3,200−8.6% | Reduced |
| M&T Bank Corp | 34,279 | $6.36M | 0.02% | +3,614+11.8% | Added |
| Aurdan Capital Management, LLC | 34,298 | $6.36M | 1.96% | +190+0.6% | Added |
| New Vernon Investment Management LLC | 34,442 | $6.39M | 6.22% | +17,221+100.0% | Added |
| Canada Post Corp Registered Pension Plan | 35,258 | $6.54M | 0.25% | +475+1.4% | Added |
| Mizuho Securities USA LLC | 35,672 | $6.54M | 0.11% | −135−0.4% | Reduced |
| Benjamin Edwards Inc | 35,293 | $6.55M | 0.07% | +7,418+26.6% | Added |
| Franklin, Parlapiano, Turner & Welch, LLC | 36,169 | $6.60M | 1.64% | +1,701+4.9% | Added |
| Gluskin Sheff & Assoc Inc | 35,639 | $6.61M | 0.92% | −2,299−6.1% | Reduced |