Marsh & McLennan Companies, Inc.

Institutional holders · 13F as of Dec 31, 2025

Holder	Value	Shares	% of shares
Birch Hill Investment Advisors LLC	$81.37M	438,591	0.09%
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	$80.86M	435,864	0.09%
Impax Asset Management Group plc	$79.33M	427,624	0.09%
Pictet Asset Management Holding SA	$77.73M	418,961	0.09%
Russell Investments Group, Ltd.	$77.30M	415,701	0.09%
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	$74.86M	403,538	0.08%
Aberdeen Group plc	$74.81M	403,265	0.08%
PFA Pension, Forsikringsaktieselskab	$72.76M	388,354	0.08%
JANE STREET GROUP, LLC	$70.14M	378,088	0.08%
AVIVA PLC	$68.29M	393,705	0.08%
SILVERCREST ASSET MANAGEMENT GROUP LLC	$67.08M	386,753	0.08%
SCHARF INVESTMENTS, LLC	$66.37M	357,764	0.07%
L1 Capital International Pty Ltd	$66.32M	357,469	0.07%
LPL Financial LLC	$65.78M	394,645	0.08%
Mitsubishi UFJ Trust & Banking Corp	$65.30M	351,973	0.07%
HighTower Advisors, LLC	$63.80M	343,890	0.07%
Renaissance Technologies LLC	$63.40M	365,500	0.08%
Madison Asset Management, LLC	$61.73M	355,913	0.07%
ADAGE CAPITAL PARTNERS GP, L.L.C.	$61.34M	353,661	0.07%
APG Asset Management N.V.	$58.05M	367,491	0.08%
Baird Financial Group, Inc.	$58.05M	312,893	0.07%
CAPITAL FUND MANAGEMENT S.A.	$56.03M	323,016	0.07%
Eminence Capital, LP	$55.57M	320,386	0.07%
Robeco Institutional Asset Management B.V.	$55.52M	299,266	0.06%
CRAWFORD INVESTMENT COUNSEL INC	$55.23M	297,678	0.06%
Temasek Holdings (Private) Limited	$54.33M	325,980	0.07%
NOMURA ASSET MANAGEMENT CO LTD	$53.59M	308,977	0.06%
TRUIST FINANCIAL CORP	$53.11M	286,260	0.06%
Korea Investment CORP	$52.51M	283,018	0.06%
BANK OF NOVA SCOTIA	$52.43M	282,620	0.06%
BANQUE PICTET & CIE SA	$52.30M	281,893	0.06%
CINCINNATI FINANCIAL CORP	$51.64M	278,334	0.06%
DANSKE BANK A/S	$51.29M	276,484	0.06%
AMF Tjanstepension AB	$50.80M	273,821	0.06%
SEI INVESTMENTS CO	$50.79M	273,786	0.06%
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	$49.66M	267,704	0.06%
Ninety One North America, Inc.	$49.58M	267,244	0.06%
Raiffeisen Bank International AG	$48.27M	257,606	0.05%
CINCINNATI INSURANCE CO	$47.83M	275,766	0.06%
STATE OF WISCONSIN INVESTMENT BOARD	$47.31M	255,026	0.05%
Chevy Chase Trust Holdings, LLC	$46.24M	249,235	0.05%
TORONTO DOMINION BANK	$46.20M	249,036	0.05%
Gotham Asset Management, LLC	$44.83M	241,655	0.05%
NATIONAL BANK OF CANADA /FI	$44.83M	241,660	0.05%
YCG, LLC	$44.65M	240,693	0.05%
Allspring Global Investments Holdings, LLC	$43.69M	239,443	0.05%
Munich Reinsurance Co Stock Corp in Munich	$43.19M	230,498	0.05%
Corient Private Wealth LLC	$42.97M	231,605	0.05%
Eurizon Capital SGR S.p.A.	$42.94M	231,301	0.05%
Jennison Associates LLC	$42.50M	229,075	0.05%