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 |
|---|---|---|---|---|---|
| Nordea Investment Management AB | 507,728 | $94.8M | 0.08% | −65,236−11.4% | Reduced |
| Bradley Foster & Sargent Inc | 504,958 | $93.7M | 1.38% | −34,367−6.4% | Reduced |
| Johnson Investment Counsel Inc | 486,150 | $90.2M | 0.74% | +29,416+6.4% | Added |
| Cryder Capital Partners LLP | 477,744 | $88.6M | 5.24% | +117,115+32.5% | Added |
| Citigroup Inc | 472,888 | $87.7M | 0.06% | −23,992−4.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 471,355 | $87.5M | 0.10% | +158,034+50.4% | Added |
| Quilter Plc | 456,857 | $84.8M | 1.42% | +51,478+12.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 451,122 | $83.7M | 0.18% | −1,360−0.3% | Reduced |
| Birch Hill Investment Advisors LLC | 438,591 | $81.4M | 3.40% | −431−0.1% | Reduced |
| Prudential Financial Inc | 437,961 | $81.3M | 0.10% | −129,816−22.9% | Reduced |
| State Board of Administration of Florida Retirement System | 435,864 | $80.9M | 0.14% | −10,594−2.4% | Reduced |
| Mariner, LLC | 432,621 | $80.3M | 0.10% | +7,127+1.7% | Added |
| Impax Asset Management Group plc | 427,624 | $79.3M | 0.50% | −2,586−0.6% | Reduced |
| Pictet Asset Management Holding SA | 418,961 | $77.7M | 0.08% | −139,041−24.9% | Reduced |
| Russell Investments Group, Ltd. | 415,701 | $77.3M | 0.08% | +91,463+28.2% | Added |
| Aviva PLC | 412,334 | $76.5M | 0.13% | −515,431−55.6% | Reduced |
| LPL Financial LLC | 405,250 | $75.2M | 0.02% | +17,295+4.5% | Added |
| Nomura Asset Management International Inc. | 403,538 | $74.9M | 0.11% | +403,538 | New |
| Standard Life Aberdeen plc | 403,265 | $74.8M | 0.12% | −6,954−1.7% | Reduced |
| Renaissance Technologies LLC | 397,600 | $73.8M | 0.11% | −722,700−64.5% | Reduced |
| Silvercrest Asset Management Group LLC | 397,444 | $73.7M | 0.51% | +68,549+20.8% | Added |
| PFA Pension, Forsikringsaktieselskab | 388,354 | $72.8M | 0.21% | +388,354 | New |
| Janus Henderson Group PLC | 382,996 | $71.1M | 0.03% | −1,307,703−77.3% | Reduced |
| Jane Street Group, LLC | 378,088 | $70.1M | 0.08% | +85,231+29.1% | Added |
| Scharf Investments, LLC | 357,764 | $66.4M | 1.78% | +357,764 | New |
| L1 Capital International Pty Ltd | 357,469 | $66.3M | 3.43% | +278,640+353.5% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 351,973 | $65.3M | 0.16% | +2,072+0.6% | Added |
| HighTower Advisors, LLC | 343,890 | $63.8M | 0.07% | +7,041+2.1% | Added |
| New York State Teachers Retirement System | 341,676 | $63.4M | 0.12% | −730.0% | Reduced |
| APG Asset Management N.V. | 367,491 | $58.1M | 0.16% | −31,945−8.0% | Reduced |
| Baird Financial Group, Inc. | 312,893 | $58.0M | 0.09% | −10,176−3.1% | Reduced |
| Canada Pension Plan Investment Board | 312,549 | $58.0M | 0.04% | −81,281−20.6% | Reduced |
| Nomura Asset Management Co Ltd | 305,974 | $56.8M | 0.14% | +20,498+7.2% | Added |
| Robeco Institutional Asset Management B.V. | 299,266 | $55.5M | 0.08% | −1,177,555−79.7% | Reduced |
| Crawford Investment Counsel Inc | 297,678 | $55.2M | 0.92% | +3,362+1.1% | Added |
| Madison Asset Management, LLC | 290,337 | $53.9M | 0.62% | −29,400−9.2% | Reduced |
| Truist Financial Corp | 286,260 | $53.1M | 0.07% | −52,156−15.4% | Reduced |
| Schroder Investment Management Group | 282,394 | $52.9M | 0.04% | −29,129−9.4% | Reduced |
| Korea Investment CORP | 283,018 | $52.5M | 0.10% | −43,988−13.5% | Reduced |
| Bank of Nova Scotia | 282,620 | $52.4M | 0.08% | −203,891−41.9% | Reduced |
| Banque Pictet & Cie SA | 281,893 | $52.3M | 0.52% | −19,166−6.4% | Reduced |
| Cincinnati Financial Corp | 278,334 | $51.6M | 1.01% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 277,630 | $51.5M | 0.84% | −97,803−26.1% | Reduced |
| Danske Bank A/S | 276,484 | $51.3M | 0.12% | +17,670+6.8% | Added |
| Cincinnati Insurance Co | 275,766 | $51.2M | 0.78% | 00.0% | Unchanged |
| AMF Pensionsforsakring AB | 273,821 | $50.8M | 0.31% | 00.0% | Unchanged |
| SEI Investments Co | 273,786 | $50.8M | 0.05% | −14,395−5.0% | Reduced |
| Susquehanna Fundamental Investments, LLC | 267,704 | $49.7M | 1.69% | +267,704 | New |
| Ninety One North America, Inc. | 267,244 | $49.6M | 2.01% | +169,199+172.6% | Added |
| Raiffeisen Bank International AG | 257,606 | $48.3M | 0.62% | −43,908−14.6% | Reduced |
| State of Wisconsin Investment Board | 255,026 | $47.3M | 0.11% | −13,325−5.0% | Reduced |
| Vaughan David Investments LLC | 252,873 | $46.9M | 1.02% | −1,090−0.4% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 249,235 | $46.2M | 0.12% | −2,364−0.9% | Reduced |
| Toronto Dominion Bank | 249,036 | $46.2M | 0.08% | −6,326−2.5% | Reduced |
| Gotham Asset Management, LLC | 241,655 | $44.8M | 0.16% | +125,656+108.3% | Added |
| National Bank of Canada | 241,660 | $44.8M | 0.05% | −16,877−6.5% | Reduced |
| Ycg, LLC | 240,693 | $44.7M | 3.37% | +12,679+5.6% | Added |
| Allspring Global Investments Holdings, LLC | 239,443 | $43.7M | 0.07% | −5,243−2.1% | Reduced |
| Munich Reinsurance Co Stock Corp in Munich | 230,498 | $43.2M | 1.05% | +230,498 | New |
| CI Private Wealth, LLC | 231,605 | $43.0M | 0.06% | −138,854−37.5% | Reduced |
| Eurizon Capital SGR S.p.A. | 231,301 | $42.9M | 0.13% | +231,301 | New |
| HRT Financial LP | 231,359 | $42.9M | 0.14% | +231,359 | New |
| Jennison Associates LLC | 229,075 | $42.5M | 0.03% | −370,938−61.8% | Reduced |
| Pictet & Cie (Europe) SA | 227,777 | $42.3M | 0.84% | −50,838−18.2% | Reduced |
| Asset Management One Co.,Ltd. | 224,440 | $42.1M | 0.12% | −6,031−2.6% | Reduced |
| Victory Capital Management Inc | 224,734 | $41.7M | 0.02% | +29,243+15.0% | Added |
| Royal London Asset Management Ltd | 220,437 | $40.9M | 0.09% | −1,862−0.8% | Reduced |
| Tudor Investment Corp Et Al | 220,096 | $40.8M | 0.22% | +37,255+20.4% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 213,231 | $39.6M | 0.33% | −8,800−4.0% | Reduced |
| Gillespie Robinson & Grimm Inc | 207,754 | $38.5M | 2.70% | +2,295+1.1% | Added |
| KLP Kapitalforvaltning AS | 207,374 | $38.5M | 0.15% | −1,300−0.6% | Reduced |
| Treasurer of the State of North Carolina | 206,791 | $38.4M | 0.12% | −15,118−6.8% | Reduced |
| Holocene Advisors, LP | 204,858 | $38.0M | 0.08% | +204,858 | New |
| Boston Trust Walden Corp | 204,655 | $38.0M | 0.29% | +27,100+15.3% | Added |
| Thrivent Financial for Lutherans | 203,303 | $37.7M | 0.07% | −2,319−1.1% | Reduced |
| Public Employees Retirement System of Ohio | 202,585 | $37.6M | 0.12% | −122,525−37.7% | Reduced |
| Pathstone Holdings, LLC | 202,060 | $37.5M | 0.14% | −2,028−1.0% | Reduced |
| Polar Asset Management Partners Inc. | 200,000 | $37.1M | 0.74% | +200,000 | New |
| Teacher Retirement System of Texas | 198,546 | $36.8M | 0.13% | +52,707+36.1% | Added |
| Handelsbanken Fonder AB | 195,656 | $36.3M | 0.11% | +6,717+3.6% | Added |
| Zacks Investment Management | 194,755 | $36.1M | 0.28% | −10,829−5.3% | Reduced |
| Compagnie Lombard Odier SCmA | 192,881 | $35.8M | 0.39% | +19,769+11.4% | Added |
| Mn Services Vermogensbeheer B.V. | 192,277 | $35.7M | 0.22% | +5,889+3.2% | Added |
| Ensign Peak Advisors, Inc | 188,090 | $34.9M | 0.06% | +49,784+36.0% | Added |
| Point72 Asset Management, L.P. | 184,863 | $34.3M | 0.05% | +184,863 | New |
| Abn Amro Investment Solutions | 184,409 | $34.2M | 0.51% | −2,718−1.5% | Reduced |
| ExodusPoint Capital Management, LP | 183,621 | $34.1M | 0.38% | +149,936+445.1% | Added |
| Ilmarinen Mutual Pension Insurance Co | 181,600 | $33.7M | 0.27% | 00.0% | Unchanged |
| Cerity Partners LLC | 179,904 | $33.4M | 0.05% | −125,878−41.2% | Reduced |
| Whittier Trust Co | 178,471 | $33.1M | 0.36% | +4,069+2.3% | Added |
| Capital Group Private Client Services, Inc. | 178,221 | $33.1M | 0.53% | −5,223−2.8% | Reduced |
| CIBC Asset Management Inc | 177,522 | $32.9M | 0.08% | +47,059+36.1% | Added |
| Temasek Holdings (Private) Ltd | 175,306 | $32.5M | 0.10% | 00.0% | Unchanged |
| LGT Capital Partners Ltd. | 173,231 | $32.1M | 1.59% | −4,500−2.5% | Reduced |
| Janney Montgomery Scott LLC | 171,705 | $31.9M | 0.07% | −6,199−3.5% | Reduced |
| State of New Jersey Common Pension Fund D | 169,850 | $31.5M | 0.11% | −2,787−1.6% | Reduced |
| Waycross Partners, LLC | 166,998 | $31.0M | 2.53% | +27,477+19.7% | Added |
| Resona Asset Management Co.,Ltd. | 162,466 | $30.2M | 0.15% | −6,126−3.6% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 161,520 | $30.0M | 0.08% | −81,369−33.5% | Reduced |
| Capital Investment Advisors, LLC | 159,662 | $29.6M | 0.45% | −7,601−4.5% | Reduced |