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Institutional Ownership · SEC Form 13F

Who owns MRSH (MRSH)


Which tracked institutional funds hold MRSH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MRSH company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

1,525
Institutional holders
439,915,825
Shares held (tracked funds)
90.7%
Of shares outstanding

How the tape is positioned

236 tracked funds added or opened MRSH while 478 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

MRSH’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes MRSH more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in MRSH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 1525 tracked filers holding MRSH, 740 increased or opened the position and 775 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in MRSH between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 51

  • VANGUARD CAPITAL MANAGEMENT LLC$5.5B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$2.2B
  • HARRIS ASSOCIATES L P$897M
  • VANGUARD FIDUCIARY TRUST CO$474M
  • Vanguard Global Advisers, LLC$190M
  • VANGUARD ASSET MANAGEMENT, Ltd$170M

Full exits 84

  • VANGUARD GROUP INC$8.6B
  • TWO SIGMA ADVISERS, LP$243M
  • National Pension Service$212M
  • Findlay Park Partners LLP$164M
  • Qube Research & Technologies Ltd$136M
  • CCLA Investment Management$120M

Largest adds

  • Capital Research Global Investors$478M
  • AQR CAPITAL MANAGEMENT LLC$363M
  • AMERICAN CENTURY COMPANIES INC$302M
  • JPMORGAN CHASE & CO$271M
  • Artisan Partners Limited Partnership$223M
  • PRICE T ROWE ASSOCIATES INC /MD/$194M

Largest trims

  • FMR LLC$1.1B
  • BlackRock, Inc.$952M
  • Capital International Investors$757M
  • Assenagon Asset Management S.A.$255M
  • Longview Partners (Guernsey) LTD$234M
  • AKO CAPITAL LLP$230M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed37,773,607$6.6B8.5%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new31,467,674$5.5B7.1%2026-Q1
STATE STREET CORP added22,070,945$3.8B5.0%2026-Q1
Capital World Investors added17,969,182$3.1B4.0%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added17,363,776$3.0B3.9%2026-Q1
Capital International Investors trimmed15,713,853$2.7B3.5%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added13,404,172$2.3B3.0%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new12,427,946$2.2B2.8%2026-Q1
Capital Research Global Investors added11,301,188$2.0B2.5%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added10,976,286$1.9B2.5%2026-Q1
FMR LLC trimmed10,173,686$1.8B2.3%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed8,200,309$1.4B1.8%2026-Q1
NORGES BANK trimmed5,717,471$1.4B1.8%2026-Q1
MORGAN STANLEY trimmed6,473,992$1.1B1.5%2026-Q1
Clearbridge Investments, LLC added6,423,531$1.1B1.4%2026-Q1
JPMORGAN CHASE & CO added6,093,392$1.1B1.4%2026-Q1
AMERIPRISE FINANCIAL INC added5,488,537$952M1.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added5,182,517$899M1.2%2026-Q1
HARRIS ASSOCIATES L P new5,169,119$897M1.2%2026-Q1
NORTHERN TRUST CORP trimmed4,965,079$861M1.1%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed4,939,614$857M1.1%2026-Q1
Artisan Partners Limited Partnership added4,875,857$846M1.1%2026-Q1
UBS Group AG added4,721,091$819M1.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added4,234,327$734M1.0%2026-Q1
Nuveen, LLC added4,167,487$723M0.9%2026-Q1
Ninety One UK Ltd added4,029,142$699M0.9%2026-Q1
Invesco Ltd. added3,824,538$663M0.9%2026-Q1
DEUTSCHE BANK AG\ added3,704,174$642M0.8%2026-Q1
GOLDMAN SACHS GROUP INC trimmed3,672,959$637M0.8%2026-Q1
AQR CAPITAL MANAGEMENT LLC added3,672,184$637M0.8%2026-Q1
Mawer Investment Management Ltd. trimmed3,475,590$603M0.8%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added3,454,586$599M0.8%2026-Q1
ROYAL BANK OF CANADA added3,316,579$575M0.7%2026-Q1
Bank of New York Mellon Corp trimmed3,254,021$564M0.7%2026-Q1
Legal & General Group Plc trimmed3,066,184$532M0.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added3,033,148$526M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,733,760$474M0.6%2026-Q1
WELLS FARGO & COMPANY/MN added2,579,008$447M0.6%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added2,566,547$445M0.6%2026-Q1
STIFEL FINANCIAL CORP added2,307,361$400M0.5%2026-Q1
Amundi trimmed2,298,833$399M0.5%2026-Q1
PARNASSUS INVESTMENTS, LLC added2,210,439$383M0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. added1,981,282$368M0.5%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,033,933$353M0.5%2026-Q1
London & Capital Asset Management Ltd added2,023,752$351M0.5%2026-Q1
D. E. Shaw & Co., Inc. trimmed1,729,550$300M0.4%2026-Q1
Navera Investment Management Ltd. trimmed1,680,646$291M0.4%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed1,623,755$282M0.4%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added1,572,947$273M0.4%2026-Q1
FRANKLIN RESOURCES INC trimmed1,537,940$267M0.3%2026-Q1
Swiss National Bank added1,437,800$249M0.3%2026-Q1
BARCLAYS PLC trimmed1,375,355$239M0.3%2026-Q1
Rathbones Group PLC added1,356,972$235M0.3%2026-Q1
CANADA LIFE ASSURANCE Co added1,337,344$233M0.3%2026-Q1
FIRST TRUST ADVISORS LP added1,332,401$231M0.3%2026-Q1
NIPPON LIFE INSURANCE CO1,311,350$227M0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,228,062$213M0.3%2026-Q1
DekaBank Deutsche Girozentrale1,193,291$212M0.3%2026-Q1
Polar Capital Holdings Plc added1,220,000$212M0.3%2026-Q1
JENSEN INVESTMENT MANAGEMENT INC added1,151,204$200M0.3%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added1,133,483$197M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added1,121,710$195M0.3%2026-Q1
California Public Employees Retirement System trimmed1,105,853$192M0.2%2026-Q1
Swedbank AB trimmed1,105,265$192M0.2%2026-Q1
Vanguard Global Advisers, LLC new1,098,115$190M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed1,094,197$190M0.2%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed1,091,938$189M0.2%2026-Q1
HSBC HOLDINGS PLC trimmed985,680$171M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new980,335$170M0.2%2026-Q1
STOREBRAND ASSET MANAGEMENT AS trimmed942,473$163M0.2%2026-Q1
TD Asset Management Inc trimmed939,368$163M0.2%2026-Q1
RHUMBLINE ADVISERS added902,114$156M0.2%2026-Q1
FIL Ltd trimmed867,537$150M0.2%2026-Q1
NATIXIS ADVISORS, LLC trimmed849,616$147M0.2%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added844,067$146M0.2%2026-Q1
Longview Partners (Guernsey) LTD trimmed810,308$141M0.2%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added809,639$140M0.2%2026-Q1
Beutel, Goodman & Co Ltd. new779,770$135M0.2%2026-Q1
Markel Group Inc. added763,500$132M0.2%2026-Q1
Capital International, Inc./CA/ added741,655$129M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed729,798$127M0.2%2026-Q1
PRIMECAP MANAGEMENT CO/CA/ added717,500$124M0.2%2026-Q1
MACKENZIE FINANCIAL CORP added713,781$124M0.2%2026-Q1
Caisse de depot et placement du Quebec added710,709$123M0.2%2026-Q1
JONES FINANCIAL COMPANIES LLLP added723,789$122M0.2%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed676,619$117M0.2%2026-Q1
SG Americas Securities, LLC added644,704$112M0.1%2026-Q1
Epoch Investment Partners, Inc. trimmed644,170$112M0.1%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed643,360$112M0.1%2026-Q1
DAVENPORT & Co LLC added634,227$110M0.1%2026-Q1
ASSETMARK, INC trimmed628,686$109M0.1%2026-Q1
VANGUARD GROUP INC added46,585,651$8.6B11.2%2025-Q4 stale
Waverton Investment Management Ltd added1,560,628$315M0.4%2025-Q3 stale
TWO SIGMA ADVISERS, LP added1,312,200$243M0.3%2025-Q4 stale
National Pension Service added1,140,767$212M0.3%2025-Q4 stale
Alphinity Investment Management Pty Ltd trimmed827,566$202M0.3%2025-Q1 stale
MONTRUSCO BOLTON INVESTMENTS INC. added823,645$195M0.3%2025-Q1 stale
Findlay Park Partners LLP trimmed886,467$164M0.2%2025-Q4 stale
Qube Research & Technologies Ltd trimmed732,481$136M0.2%2025-Q4 stale
CCLA Investment Management trimmed647,823$120M0.2%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership