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 |
|---|---|---|---|---|---|
| Neuberger Berman Group LLC | 76,170 | $14.1M | 0.01% | −3,518−4.4% | Reduced |
| Callan Family Office, LLC | 76,243 | $14.1M | 0.30% | +13,214+21.0% | Added |
| Factory Mutual Insurance Co | 76,350 | $14.2M | 0.14% | −3,050−3.8% | Reduced |
| Segment Wealth Management, LLC | 77,735 | $14.4M | 0.84% | −1,233−1.6% | Reduced |
| O'Shaughnessy Asset Management, LLC | 77,786 | $14.4M | 0.08% | −10,824−12.2% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 78,859 | $14.6M | 0.08% | +6,997+9.7% | Added |
| Osborne Partners Capital Management, LLC | 78,816 | $14.6M | 0.75% | +1,454+1.9% | Added |
| Rockefeller Capital Management L.P. | 78,891 | $14.6M | 0.03% | −3,503−4.3% | Reduced |
| Entropy Technologies, LP | 79,288 | $14.7M | 0.80% | +18,859+31.2% | Added |
| Washington Trust Bank | 79,317 | $14.7M | 1.03% | +929+1.2% | Added |
| Ieq Capital, LLC | 79,608 | $14.8M | 0.04% | +50,838+176.7% | Added |
| USS Investment Management Ltd | 81,374 | $15.1M | 0.08% | +182+0.2% | Added |
| Utah Retirement Systems | 81,493 | $15.1M | 0.14% | −66−0.1% | Reduced |
| Vancity Investment Management Ltd | 81,766 | $15.2M | 2.06% | −6,431−7.3% | Reduced |
| Wesleyan Assurance Society | 81,926 | $15.2M | 0.88% | 00.0% | Unchanged |
| Bank Julius Baer & Co. Ltd, Zurich | 83,588 | $15.5M | 0.04% | −14,698−15.0% | Reduced |
| Woodline Partners LP | 83,626 | $15.5M | 0.06% | +18,652+28.7% | Added |
| Xponance, Inc. | 84,288 | $15.6M | 0.12% | +4,290+5.4% | Added |
| Aquatic Capital Management LLC | 84,897 | $15.8M | 0.45% | −77,828−47.8% | Reduced |
| Oppenheimer Asset Management Inc. | 85,159 | $15.8M | 0.19% | −4,178−4.7% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 86,438 | $16.0M | 0.02% | −104,960−54.8% | Reduced |
| Sanctuary Advisors, LLC | 86,660 | $16.1M | 0.09% | −10,202−10.5% | Reduced |
| Baillie Gifford & Co | 87,167 | $16.2M | 0.01% | +4,806+5.8% | Added |
| British Columbia Investment Management Corp | 87,309 | $16.2M | 0.09% | +16,418+23.2% | Added |
| Mirae Asset Global Investments Co., Ltd. | 88,934 | $16.5M | 0.05% | +15,166+20.6% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 91,065 | $16.9M | 0.01% | −33,393−26.8% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 92,031 | $17.1M | 0.13% | +445+0.5% | Added |
| Amalgamated Bank | 92,358 | $17.1M | 0.12% | −6,258−6.3% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 94,170 | $17.5M | 0.07% | −1,790−1.9% | Reduced |
| IFM Investors Pty Ltd | 94,691 | $17.6M | 0.15% | +986+1.1% | Added |
| Crestwood Advisors Group LLC | 96,728 | $17.9M | 0.30% | −1,558−1.6% | Reduced |
| Torray LLC | 97,677 | $18.1M | 2.59% | +27,662+39.5% | Added |
| Scotia Capital Inc. | 97,728 | $18.1M | 0.07% | −3,072−3.0% | Reduced |
| Boston Family Office LLC | 98,027 | $18.2M | 1.15% | −10,901−10.0% | Reduced |
| KBC Group NV | 98,782 | $18.3M | 0.04% | +78+0.1% | Added |
| Prudential PLC | 99,029 | $18.4M | 0.15% | +3,132+3.3% | Added |
| Formuepleje A/S | 99,144 | $18.4M | 1.10% | −6,513−6.2% | Reduced |
| Flputnam Investment Management Co | 100,309 | $18.6M | 0.27% | −67,659−40.3% | Reduced |
| PensionDanmark Pensionsforsikringsaktieselskab | 100,372 | $18.6M | 0.17% | +100,372 | New |
| AE Wealth Management LLC | 100,672 | $18.7M | 0.11% | +94,410+1,507.7% | Added |
| Aptus Capital Advisors, LLC | 100,882 | $18.7M | 0.16% | +3,116+3.2% | Added |
| Trexquant Investment LP | 101,677 | $18.9M | 0.17% | +96,225+1,764.9% | Added |
| Quantbot Technologies LP | 102,158 | $19.0M | 0.63% | +24,093+30.9% | Added |
| Distillate Capital Partners LLC | 102,346 | $19.0M | 0.98% | −938−0.9% | Reduced |
| Marshall Wace, LLP | 102,435 | $19.0M | 0.02% | +102,435 | New |
| Washington Trust Co | 102,598 | $19.0M | 0.62% | −480.0% | Reduced |
| Retirement Systems of Alabama | 104,221 | $19.3M | 0.06% | −651−0.6% | Reduced |
| Van Eck Associates Corp | 106,411 | $19.7M | 0.02% | +4,973+4.9% | Added |
| Walter Public Investments Inc. | 106,951 | $19.8M | 3.51% | −6,348−5.6% | Reduced |
| Credit Agricole S A | 109,079 | $20.2M | 0.06% | −290,474−72.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 111,016 | $20.3M | 0.03% | +13,288+13.6% | Added |
| SG Americas Securities, LLC | 110,441 | $20.5M | 0.03% | +17,198+18.4% | Added |
| ProShare Advisors LLC | 113,464 | $21.0M | 0.04% | +5,480+5.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 113,956 | $21.1M | 0.11% | −4,101−3.5% | Reduced |
| Deprince Race & Zollo Inc | 114,498 | $21.2M | 0.41% | +18,845+19.7% | Added |
| Close Asset Management Ltd | 115,637 | $21.5M | 0.48% | −8,493−6.8% | Reduced |
| Toroso Investments, LLC | 115,910 | $21.5M | 0.09% | +98,867+580.1% | Added |
| DnB Asset Management AS | 119,088 | $22.1M | 0.08% | +2,446+2.1% | Added |
| MetLife Investment Management | 120,322 | $22.3M | 0.11% | −4,461−3.6% | Reduced |
| Creative Planning | 120,547 | $22.4M | 0.02% | +12,707+11.8% | Added |
| Choate Investment Advisors | 121,790 | $22.6M | 0.44% | 00.0% | Unchanged |
| Brown Brothers Harriman & Co | 122,804 | $22.8M | 0.12% | −13,375−9.8% | Reduced |
| Comerica Bank | 123,365 | $22.9M | 0.09% | −7,807−6.0% | Reduced |
| Teachers Retirement System of the State of Kentucky | 123,602 | $22.9M | 0.17% | 00.0% | Unchanged |
| J. Safra Sarasin Holding AG | 123,955 | $23.0M | 0.37% | −1,154−0.9% | Reduced |
| Public Sector Pension Investment Board | 124,804 | $23.2M | 0.08% | −5,211−4.0% | Reduced |
| ASR Vermogensbeheer N.V. | 126,320 | $23.4M | 0.27% | +10,666+9.2% | Added |
| Badgley Phelps Wealth Managers, LLC | 126,911 | $23.5M | 0.43% | −4,573−3.5% | Reduced |
| Varma Mutual Pension Insurance Co | 127,104 | $23.6M | 0.14% | +16,500+14.9% | Added |
| Czech National Bank | 129,182 | $24.0M | 0.16% | +4,319+3.5% | Added |
| Calamos Advisors LLC | 131,672 | $24.4M | 0.10% | −136,084−50.8% | Reduced |
| Forsta Ap-Fonden | 131,700 | $24.4M | 0.15% | −12,500−8.7% | Reduced |
| Capital Fund Management S.A. | 131,888 | $24.5M | 0.23% | +22,144+20.2% | Added |
| EULAV Asset Management | 132,000 | $24.5M | 0.65% | 00.0% | Unchanged |
| State of Michigan Retirement System | 132,575 | $24.6M | 0.12% | −6,400−4.6% | Reduced |
| Stock Yards Bank & Trust Co | 133,179 | $24.7M | 0.76% | −3,314−2.4% | Reduced |
| Swiss Life Asset Management Ltd | 134,542 | $25.0M | 0.13% | +11,648+9.5% | Added |
| Fifth Third Bancorp | 134,772 | $25.0M | 0.08% | −29,546−18.0% | Reduced |
| Arizona State Retirement System | 138,852 | $25.8M | 0.14% | −5,056−3.5% | Reduced |
| Banco Santander, S.A. | 139,648 | $25.9M | 0.19% | +134,401+2,561.5% | Added |
| Colony Group, LLC | 140,191 | $26.0M | 0.03% | +71,939+105.4% | Added |
| Cetera Investment Advisers | 140,844 | $26.1M | 0.03% | +3,514+2.6% | Added |
| US Bancorp | 142,856 | $26.5M | 0.03% | −5,518−3.7% | Reduced |
| Hardman Johnston Global Advisors LLC | 143,970 | $26.7M | 1.27% | −16,015−10.0% | Reduced |
| Glenmede Trust Co NA | 144,482 | $26.8M | 0.13% | +144,482 | New |
| Federation des caisses Desjardins du Quebec | 146,860 | $27.2M | 0.10% | +12,897+9.6% | Added |
| Jump Financial, LLC | 147,887 | $27.4M | 0.34% | +84,952+135.0% | Added |
| Voya Investment Management LLC | 148,809 | $27.6M | 0.03% | −65,759−30.6% | Reduced |
| Rafferty Asset Management, LLC | 149,456 | $27.7M | 0.10% | −14,159−8.7% | Reduced |
| State of Tennessee, Treasury Department | 150,454 | $28.3M | 0.09% | +25,829+20.7% | Added |
| Horizon Kinetics Asset Management LLC | 156,685 | $29.1M | 0.39% | −534−0.3% | Reduced |
| Quantinno Capital Management LP | 157,063 | $29.1M | 0.06% | +35,593+29.3% | Added |
| Nisa Investment Advisors, LLC | 157,563 | $29.2M | 0.10% | +4,804+3.1% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 158,816 | $29.5M | 0.15% | +1,446+0.9% | Added |
| Capital Investment Advisors, LLC | 159,662 | $29.6M | 0.45% | −7,601−4.5% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 161,520 | $30.0M | 0.08% | −81,369−33.5% | Reduced |
| Resona Asset Management Co.,Ltd. | 162,466 | $30.2M | 0.15% | −6,126−3.6% | Reduced |
| Waycross Partners, LLC | 166,998 | $31.0M | 2.53% | +27,477+19.7% | Added |
| State of New Jersey Common Pension Fund D | 169,850 | $31.5M | 0.11% | −2,787−1.6% | Reduced |
| Janney Montgomery Scott LLC | 171,705 | $31.9M | 0.07% | −6,199−3.5% | Reduced |