Marsh & McLennan CosMRSH

13F holders, Q4 2025 (December 31)
1,594holders +18
121new positions
165sold out
13famous investors
$185.56avg. 13F price*

At the end of Q4 2025, 1,594 institutions reported holding Marsh & McLennan Cos (MRSH) in their 13F filings, up 18 from Q3 2025. 121 opened new positions and 165 sold out. The largest holders were Vanguard Group Inc. ($8.6B), BlackRock, Inc. ($7.5B) and State Street Corp. ($4.1B). 13 famous investors held it, including Tom Gayner (1.1% of Markel Group's portfolio), David E. Shaw (0.4% of D. E. Shaw & Co.'s portfolio) and Paul Tudor Jones (0.2% of Tudor Investment Corporation's portfolio).

Company
Marsh & McLennan Cos
Sector
Finance
CUSIP
571748102
Latest filing quarter
Q2 2026

History

Number of 13F holders

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions121$430.7M
Exits165$291.0M

All 13F filers, Q3 2025 → Q4 2025: 28,409,985 shares bought and 33,232,825 shares sold, net −4,822,840 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 1,594 holders

Vanguard Group Inc. 0.13% Add +0.8% 46,589,633 $8.6B
BlackRock, Inc. 0.13% Add +4.3% 40,444,949 $7.5B
State Street Corp. 0.14% Add +1.6% 21,871,937 $4.1B
Capital International Investors 0.55% Add +0.9% 18,766,815 $3.5B
Capital World Investors 0.43% Reduce -4.4% 16,925,131 $3.1B
Wellington Management Group LLP 0.52% Add +6.0% 15,997,880 $3.0B
FMR LLC 0.14% Reduce -7.5% 15,225,442 $2.8B
Geode Capital Management, LLC 0.13% Reduce -10.2% 11,644,025 $2.2B
T. Rowe Price Associates Inc. 0.18% Add +10.4% 9,217,878 $1.7B
Massachusetts Financial Services Co. 0.52% Reduce -8.6% 8,662,457 $1.6B
Norges Bank 0.17% — 8,386,530 $1.6B
Capital Research Global Investors 0.27% Reduce -19.0% 7,987,794 $1.5B
Morgan Stanley 0.08% Reduce -2.6% 6,870,731 $1.3B
Bank of America Corp. 0.07% Reduce -13.8% 5,522,563 $1.0B
Northern Trust Corp. 0.13% Reduce -5.8% 5,297,560 $982.8M
Clearbridge Investments, LLC 0.76% Add +12.4% 5,076,693 $941.8M
Ameriprise Financial Inc. 0.20% Reduce -16.9% 4,790,808 $888.5M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.18% Add +0.0% 4,545,663 $843.3M
JPMorgan Chase & Co. 0.05% Reduce -12.2% 4,278,658 $793.8M
Goldman Sachs Group Inc. 0.11% Reduce -23.1% 4,015,180 $744.9M
Mawer Investment Management Ltd. 4.06% Reduce -14.6% 3,905,686 $724.6M
Nuveen, LLC 0.19% Add +0.2% 3,858,156 $715.8M
UBS Group AG 0.14% Reduce -11.0% 3,787,465 $702.7M
Ninety One UK Ltd 1.41% Add +163.0% 3,542,004 $657.1M
Invesco Ltd. 0.06% Add +5.1% 3,460,878 $642.1M
Deutsche Bank AG 0.20% Add +2.4% 3,368,181 $624.9M
Amundi 0.19% Add +127.6% 3,364,627 $624.2M
Artisan Partners Limited Partnership 0.95% Reduce -2.3% 3,357,826 $622.9M
Bank of New York Mellon Corp 0.11% Add +8.4% 3,321,700 $616.2M
Royal Bank of Canada 0.10% Add +40.4% 3,167,895 $587.7M
Legal & General Group Plc 0.13% Reduce -1.6% 3,146,169 $583.7M
Charles Schwab Investment Management Inc. 0.09% Add +1.6% 2,950,894 $547.4M
Arrowstreet Capital, Limited Partnership 0.30% Add +94.3% 2,757,045 $511.5M
D. E. Shaw & Co. 0.39% Add +0.8% 2,596,011 $481.6M
Wells Fargo & Company 0.09% Reduce -8.4% 2,444,666 $453.5M
American Century Companies Inc. 0.22% Add +84.9% 2,330,508 $432.4M
Parnassus Investments, LLC 1.05% Reduce -16.0% 2,173,621 $403.3M
Stifel Financial Corp. 0.36% Reduce -6.0% 2,158,391 $400.4M
Dimensional Fund Advisors LP 0.08% Add +0.3% 2,029,841 $376.6M
Longview Partners (Guernsey) LTD 3.91% Reduce -3.4% 2,017,195 $374.2M
W1M Asset Management Ltd 3.66% Add +791.2% 1,900,000 $352.7M
Alliancebernstein L.P. 0.11% Add +54.4% 1,839,229 $341.2M
Navera Investment Management Ltd. 6.87% Add +8.0% 1,753,917 $325.5M
Voloridge Investment Management, LLC 1.12% Add +24.4% 1,716,766 $318.5M
Lazard Asset Management LLC 0.54% Reduce -38.1% 1,709,219 $317.1M
Franklin Resources Inc. 0.07% Add +0.3% 1,554,402 $288.4M
Manufacturers Life Insurance Company, The 0.24% Add +107.4% 1,526,227 $283.3M
Assenagon Asset Management S.A. 0.42% Add +9455.4% 1,520,164 $282.0M
Ako Capital LLP 4.19% Reduce -17.5% 1,484,860 $275.5M
AQR Capital Management 0.14% Add +43.1% 1,478,019 $274.2M
Barclays PLC 0.11% Reduce -33.6% 1,462,301 $271.3M
BNP Paribas Financial Markets 0.17% Add +9.2% 1,440,549 $267.3M
DekaBank Deutsche Girozentrale 0.45% No change 1,193,291 $259.7M
Swiss National Bank 0.15% Reduce -5.1% 1,348,300 $250.1M
Rathbones Group PLC 0.97% Add +5.4% 1,332,148 $247.1M
CANADA LIFE ASSURANCE Co 0.43% Reduce -5.7% 1,316,931 $244.6M
Two Sigma Advisers, LP 0.47% Add +0.2% 1,312,200 $243.4M
Nippon Life Insurance Co. 4.19% No change 1,311,350 $243.3M
Bahl & Gaynor LLC 1.21% Reduce -30.3% 1,287,401 $238.8M
First Trust Advisors LP 0.17% Add +9.7% 1,270,052 $235.6M
California Public Employees Retirement System 0.13% Reduce -16.5% 1,264,672 $234.6M
FIL Ltd 0.18% Reduce -9.0% 1,260,146 $233.8M
Two Sigma Investments, LP 0.37% Add +13.6% 1,249,912 $231.9M
Sumitomo Mitsui Trust Group, Inc. 0.13% Reduce -4.4% 1,163,607 $215.9M
HSBC Holdings PLC 0.12% Add +5.0% 1,139,486 $211.8M
National Pension Service 0.16% Add +9.9% 1,140,767 $211.6M
Envestnet Asset Management Inc. 0.06% Reduce -12.7% 1,131,946 $210.0M
Swedbank AB 0.20% Add +1.2% 1,105,862 $205.2M
Jensen Investment Management Inc. 3.17% Reduce -54.9% 1,084,317 $201.2M
Mitsubishi UFJ Asset Management Co., Ltd. 0.13% Add +5.7% 1,058,647 $193.3M
Raymond James Financial Inc. 0.06% Reduce -2.5% 1,016,785 $188.6M
Polar Capital Holdings Plc 0.82% Add +6.0% 965,000 $179.0M
Storebrand Asset Management As 0.48% Reduce -2.5% 955,270 $177.2M
TD Asset Management Inc 0.14% Reduce -3.3% 949,563 $176.2M
Sarasin & Partners LLP 1.80% Add +0.9% 934,732 $173.4M
Worldquant Millennium Advisors LLC 0.64% Add +160.8% 892,933 $165.7M
Findlay Park Partners LLP 2.10% Reduce -16.8% 886,467 $164.5M
Natixis Advisors, LLC 0.23% Add +9.4% 863,503 $160.2M
Citadel Advisors 0.11% Add +110.0% 822,371 $152.6M
Markel Group 1.13% Add +0.9% 761,750 $141.3M
California State Teachers Retirement System 0.14% Reduce -4.6% 752,274 $139.6M
Acadian Asset Management LLC 0.23% Add +18.8% 747,581 $138.7M
Qube Research & Technologies Ltd 0.19% Reduce -42.7% 732,481 $135.9M
Millennium Management 0.10% Add +293.5% 724,648 $134.4M
Epoch Investment Partners, Inc. 0.76% Add +5.4% 717,643 $133.1M
Mackenzie Financial Corp. 0.15% Reduce -67.7% 680,074 $127.2M
Capital International, Inc. 1.00% Add +2.3% 682,950 $126.7M
PNC Financial Services Group, Inc. 0.07% Reduce -3.5% 648,524 $120.3M
CCLA Investment Management 1.93% Reduce -1.3% 647,823 $120.2M
Assetmark, Inc. 0.24% Reduce -6.2% 645,728 $119.8M
Caisse de depot et placement du Quebec 0.20% Add +870.3% 637,097 $118.2M
Principal Financial Group Inc. 0.06% Reduce -22.2% 604,866 $112.2M
New York State Common Retirement Fund 0.14% Reduce -2.7% 571,423 $106.0M
Healthcare of Ontario Pension Plan Trust Fund 0.17% Add +36.2% 552,367 $102.5M
Bank of Montreal 0.04% Reduce -3.4% 548,093 $101.7M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.17% Add +7.6% 538,931 $100.5M
Lord, Abbett & Co. LLC 0.32% Reduce -9.9% 540,785 $100.3M
Squarepoint Ops LLC 0.20% Add +36.9% 527,486 $97.9M
Primecap Management Co. 0.07% Reduce -71.5% 518,200 $96.1M
DAVENPORT & Co LLC 0.52% Add +419.0% 512,998 $95.4M

"% of holder's portfolio" is MRSH's weight in each manager's 13F, not the share of Marsh & McLennan Cos the manager owns.

Show all 1,594 holders