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 |
|---|---|---|---|---|---|
| LGT Capital Partners Ltd. | 173,231 | $32.1M | 1.59% | −4,500−2.5% | Reduced |
| Temasek Holdings (Private) Ltd | 175,306 | $32.5M | 0.10% | 00.0% | Unchanged |
| CIBC Asset Management Inc | 177,522 | $32.9M | 0.08% | +47,059+36.1% | Added |
| Capital Group Private Client Services, Inc. | 178,221 | $33.1M | 0.53% | −5,223−2.8% | Reduced |
| Whittier Trust Co | 178,471 | $33.1M | 0.36% | +4,069+2.3% | Added |
| Cerity Partners LLC | 179,904 | $33.4M | 0.05% | −125,878−41.2% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 181,600 | $33.7M | 0.27% | 00.0% | Unchanged |
| ExodusPoint Capital Management, LP | 183,621 | $34.1M | 0.38% | +149,936+445.1% | Added |
| Abn Amro Investment Solutions | 184,409 | $34.2M | 0.51% | −2,718−1.5% | Reduced |
| Point72 Asset Management, L.P. | 184,863 | $34.3M | 0.05% | +184,863 | New |
| Ensign Peak Advisors, Inc | 188,090 | $34.9M | 0.06% | +49,784+36.0% | Added |
| Mn Services Vermogensbeheer B.V. | 192,277 | $35.7M | 0.22% | +5,889+3.2% | Added |
| Compagnie Lombard Odier SCmA | 192,881 | $35.8M | 0.39% | +19,769+11.4% | Added |
| Zacks Investment Management | 194,755 | $36.1M | 0.28% | −10,829−5.3% | Reduced |
| Handelsbanken Fonder AB | 195,656 | $36.3M | 0.11% | +6,717+3.6% | Added |
| Teacher Retirement System of Texas | 198,546 | $36.8M | 0.13% | +52,707+36.1% | Added |
| Polar Asset Management Partners Inc. | 200,000 | $37.1M | 0.74% | +200,000 | New |
| Pathstone Holdings, LLC | 202,060 | $37.5M | 0.14% | −2,028−1.0% | Reduced |
| Public Employees Retirement System of Ohio | 202,585 | $37.6M | 0.12% | −122,525−37.7% | Reduced |
| Thrivent Financial for Lutherans | 203,303 | $37.7M | 0.07% | −2,319−1.1% | Reduced |
| Boston Trust Walden Corp | 204,655 | $38.0M | 0.29% | +27,100+15.3% | Added |
| Holocene Advisors, LP | 204,858 | $38.0M | 0.08% | +204,858 | New |
| Treasurer of the State of North Carolina | 206,791 | $38.4M | 0.12% | −15,118−6.8% | Reduced |
| KLP Kapitalforvaltning AS | 207,374 | $38.5M | 0.15% | −1,300−0.6% | Reduced |
| Gillespie Robinson & Grimm Inc | 207,754 | $38.5M | 2.70% | +2,295+1.1% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 213,231 | $39.6M | 0.33% | −8,800−4.0% | Reduced |
| Tudor Investment Corp Et Al | 220,096 | $40.8M | 0.22% | +37,255+20.4% | Added |
| Royal London Asset Management Ltd | 220,437 | $40.9M | 0.09% | −1,862−0.8% | Reduced |
| Victory Capital Management Inc | 224,734 | $41.7M | 0.02% | +29,243+15.0% | Added |
| Asset Management One Co.,Ltd. | 224,440 | $42.1M | 0.12% | −6,031−2.6% | Reduced |
| Pictet & Cie (Europe) SA | 227,777 | $42.3M | 0.84% | −50,838−18.2% | Reduced |
| Jennison Associates LLC | 229,075 | $42.5M | 0.03% | −370,938−61.8% | Reduced |
| HRT Financial LP | 231,359 | $42.9M | 0.14% | +231,359 | New |
| Eurizon Capital SGR S.p.A. | 231,301 | $42.9M | 0.13% | +231,301 | New |
| CI Private Wealth, LLC | 231,605 | $43.0M | 0.06% | −138,854−37.5% | Reduced |
| Munich Reinsurance Co Stock Corp in Munich | 230,498 | $43.2M | 1.05% | +230,498 | New |
| Allspring Global Investments Holdings, LLC | 239,443 | $43.7M | 0.07% | −5,243−2.1% | Reduced |
| Ycg, LLC | 240,693 | $44.7M | 3.37% | +12,679+5.6% | Added |
| National Bank of Canada | 241,660 | $44.8M | 0.05% | −16,877−6.5% | Reduced |
| Gotham Asset Management, LLC | 241,655 | $44.8M | 0.16% | +125,656+108.3% | Added |
| Toronto Dominion Bank | 249,036 | $46.2M | 0.08% | −6,326−2.5% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 249,235 | $46.2M | 0.12% | −2,364−0.9% | Reduced |
| Vaughan David Investments LLC | 252,873 | $46.9M | 1.02% | −1,090−0.4% | Reduced |
| State of Wisconsin Investment Board | 255,026 | $47.3M | 0.11% | −13,325−5.0% | Reduced |
| Raiffeisen Bank International AG | 257,606 | $48.3M | 0.62% | −43,908−14.6% | Reduced |
| Ninety One North America, Inc. | 267,244 | $49.6M | 2.01% | +169,199+172.6% | Added |
| Susquehanna Fundamental Investments, LLC | 267,704 | $49.7M | 1.69% | +267,704 | New |
| SEI Investments Co | 273,786 | $50.8M | 0.05% | −14,395−5.0% | Reduced |
| AMF Pensionsforsakring AB | 273,821 | $50.8M | 0.31% | 00.0% | Unchanged |
| Cincinnati Insurance Co | 275,766 | $51.2M | 0.78% | 00.0% | Unchanged |
| Danske Bank A/S | 276,484 | $51.3M | 0.12% | +17,670+6.8% | Added |
| Sterling Capital Management LLC | 277,630 | $51.5M | 0.84% | −97,803−26.1% | Reduced |
| Cincinnati Financial Corp | 278,334 | $51.6M | 1.01% | 00.0% | Unchanged |
| Banque Pictet & Cie SA | 281,893 | $52.3M | 0.52% | −19,166−6.4% | Reduced |
| Bank of Nova Scotia | 282,620 | $52.4M | 0.08% | −203,891−41.9% | Reduced |
| Korea Investment CORP | 283,018 | $52.5M | 0.10% | −43,988−13.5% | Reduced |
| Schroder Investment Management Group | 282,394 | $52.9M | 0.04% | −29,129−9.4% | Reduced |
| Truist Financial Corp | 286,260 | $53.1M | 0.07% | −52,156−15.4% | Reduced |
| Madison Asset Management, LLC | 290,337 | $53.9M | 0.62% | −29,400−9.2% | Reduced |
| Crawford Investment Counsel Inc | 297,678 | $55.2M | 0.92% | +3,362+1.1% | Added |
| Robeco Institutional Asset Management B.V. | 299,266 | $55.5M | 0.08% | −1,177,555−79.7% | Reduced |
| Nomura Asset Management Co Ltd | 305,974 | $56.8M | 0.14% | +20,498+7.2% | Added |
| Canada Pension Plan Investment Board | 312,549 | $58.0M | 0.04% | −81,281−20.6% | Reduced |
| Baird Financial Group, Inc. | 312,893 | $58.0M | 0.09% | −10,176−3.1% | Reduced |
| APG Asset Management N.V. | 367,491 | $58.1M | 0.16% | −31,945−8.0% | Reduced |
| New York State Teachers Retirement System | 341,676 | $63.4M | 0.12% | −730.0% | Reduced |
| HighTower Advisors, LLC | 343,890 | $63.8M | 0.07% | +7,041+2.1% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 351,973 | $65.3M | 0.16% | +2,072+0.6% | Added |
| L1 Capital International Pty Ltd | 357,469 | $66.3M | 3.43% | +278,640+353.5% | Added |
| Scharf Investments, LLC | 357,764 | $66.4M | 1.78% | +357,764 | New |
| Jane Street Group, LLC | 378,088 | $70.1M | 0.08% | +85,231+29.1% | Added |
| Janus Henderson Group PLC | 382,996 | $71.1M | 0.03% | −1,307,703−77.3% | Reduced |
| PFA Pension, Forsikringsaktieselskab | 388,354 | $72.8M | 0.21% | +388,354 | New |
| Silvercrest Asset Management Group LLC | 397,444 | $73.7M | 0.51% | +68,549+20.8% | Added |
| Renaissance Technologies LLC | 397,600 | $73.8M | 0.11% | −722,700−64.5% | Reduced |
| Standard Life Aberdeen plc | 403,265 | $74.8M | 0.12% | −6,954−1.7% | Reduced |
| Nomura Asset Management International Inc. | 403,538 | $74.9M | 0.11% | +403,538 | New |
| LPL Financial LLC | 405,250 | $75.2M | 0.02% | +17,295+4.5% | Added |
| Aviva PLC | 412,334 | $76.5M | 0.13% | −515,431−55.6% | Reduced |
| Russell Investments Group, Ltd. | 415,701 | $77.3M | 0.08% | +91,463+28.2% | Added |
| Pictet Asset Management Holding SA | 418,961 | $77.7M | 0.08% | −139,041−24.9% | Reduced |
| Impax Asset Management Group plc | 427,624 | $79.3M | 0.50% | −2,586−0.6% | Reduced |
| Mariner, LLC | 432,621 | $80.3M | 0.10% | +7,127+1.7% | Added |
| State Board of Administration of Florida Retirement System | 435,864 | $80.9M | 0.14% | −10,594−2.4% | Reduced |
| Prudential Financial Inc | 437,961 | $81.3M | 0.10% | −129,816−22.9% | Reduced |
| Birch Hill Investment Advisors LLC | 438,591 | $81.4M | 3.40% | −431−0.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 451,122 | $83.7M | 0.18% | −1,360−0.3% | Reduced |
| Quilter Plc | 456,857 | $84.8M | 1.42% | +51,478+12.7% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 471,355 | $87.5M | 0.10% | +158,034+50.4% | Added |
| Citigroup Inc | 472,888 | $87.7M | 0.06% | −23,992−4.8% | Reduced |
| Cryder Capital Partners LLP | 477,744 | $88.6M | 5.24% | +117,115+32.5% | Added |
| Johnson Investment Counsel Inc | 486,150 | $90.2M | 0.74% | +29,416+6.4% | Added |
| Bradley Foster & Sargent Inc | 504,958 | $93.7M | 1.38% | −34,367−6.4% | Reduced |
| Nordea Investment Management AB | 507,728 | $94.8M | 0.08% | −65,236−11.4% | Reduced |
| Davenport & Co LLC | 512,998 | $95.4M | 0.52% | +414,161+419.0% | Added |
| Primecap Management Co | 518,200 | $96.1M | 0.07% | −1,302,816−71.5% | Reduced |
| Squarepoint Ops LLC | 527,486 | $97.9M | 0.20% | +142,255+36.9% | Added |
| Lord, Abbett & Co. LLC | 540,785 | $100.3M | 0.31% | −59,438−9.9% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 538,931 | $100.5M | 0.16% | +38,118+7.6% | Added |
| Bank of Montreal | 548,093 | $101.7M | 0.04% | −19,237−3.4% | Reduced |