Cliff Asness's MMC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 3.67 M shares of Marsh & McLennan Companies, Inc. (MMC) worth $637.25 M, representing 0.29% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 54 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in MMC, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2026, adding 2.2 M shares. Largest reduction occurred in Q1 2016, reducing 168,514 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Marsh & McLennan Companies (MMC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Marsh & McLennan Companies (MMC) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +2.2 M | Add 148.58% | 3.67 M | $173.45 |
| Q4 2025 | +445,558 | Add 43.15% | 1.48 M | $185.52 |
| Q3 2025 | +602,056 | Add 139.88% | 1.03 M | $200.34 |
| Q2 2025 | -121,211 | Reduce 21.97% | 430,405 | $217.15 |
| Q1 2025 | +136,959 | Add 33.03% | 551,616 | $244.03 |
| Q4 2024 | +41,337 | Add 11.07% | 414,657 | $212.41 |
| Q3 2024 | +37,592 | Add 11.20% | 373,320 | $223.09 |
| Q2 2024 | +7,515 | Add 2.29% | 335,728 | $210.72 |
| Q1 2024 | +11,115 | Add 3.51% | 328,213 | $205.98 |
| Q4 2023 | +23,298 | Add 7.93% | 317,098 | $188.96 |
| Q3 2023 | +525 | Add 0.18% | 293,800 | $190.30 |
| Q2 2023 | -54,500 | Reduce 15.67% | 293,275 | $187.74 |
| Q1 2023 | +9,759 | Add 2.89% | 347,775 | $166.15 |
| Q4 2022 | +4,661 | Add 1.40% | 338,016 | $165.38 |
| Q3 2022 | +25,266 | Add 8.20% | 333,355 | $149.29 |
| Q2 2022 | -23,413 | Reduce 7.06% | 308,089 | $153.41 |
| Q1 2022 | +18,074 | Add 5.77% | 331,502 | $170.42 |
| Q4 2021 | +10,819 | Add 3.58% | 313,428 | $173.36 |
| Q3 2021 | -6,475 | Reduce 2.09% | 302,609 | $151.43 |
| Q2 2021 | -30,833 | Reduce 9.07% | 309,084 | $140.68 |
| Q1 2021 | -26,285 | Reduce 7.18% | 339,917 | $121.26 |
| Q4 2020 | -33,055 | Reduce 8.28% | 366,202 | $115.53 |
| Q3 2020 | -89,420 | Reduce 18.30% | 399,257 | $113.92 |
| Q2 2020 | -1,662 | Reduce 0.34% | 488,677 | $105.82 |
| Q1 2020 | +27,588 | Add 5.96% | 490,339 | $86.46 |
| Q4 2019 | +2,858 | Add 0.62% | 462,751 | $111.41 |
| Q3 2019 | -12,790 | Reduce 2.71% | 459,893 | $99.94 |
| Q2 2019 | -4,008 | Reduce 0.84% | 472,683 | $98.96 |
| Q1 2019 | +18,572 | Add 4.05% | 476,691 | $93.31 |
| Q4 2018 | +26,031 | Add 6.02% | 458,119 | $79.75 |
| Q3 2018 | +49,840 | Add 13.04% | 432,088 | $82.72 |
| Q2 2018 | -6,874 | Reduce 1.77% | 382,248 | $81.97 |
| Q1 2018 | +55,590 | Add 16.67% | 389,122 | $82.59 |
| Q4 2017 | +52,271 | Add 18.58% | 333,532 | $81.39 |
| Q3 2017 | +5,063 | Add 1.83% | 281,261 | $83.81 |
| Q2 2017 | +21,046 | Add 8.25% | 276,198 | $77.96 |
| Q1 2017 | +3,012 | Add 1.19% | 255,152 | $73.89 |
| Q4 2016 | +75,888 | Add 43.06% | 252,140 | $67.59 |
| Q3 2016 | +44,839 | Add 34.12% | 176,252 | $67.25 |
| Q2 2016 | +23,272 | Add 21.52% | 131,413 | $68.46 |
| Q1 2016 | -168,514 | Reduce 60.91% | 108,141 | $60.79 |
| Q4 2015 | -86,506 | Reduce 23.82% | 276,655 | $55.45 |
| Q3 2015 | -60,605 | Reduce 14.30% | 363,161 | $52.22 |
| Q2 2015 | -4,693 | Reduce 1.10% | 423,766 | $56.70 |
| Q1 2015 | +119,600 | Add 38.72% | 428,459 | $56.09 |
| Q4 2014 | +100,023 | Add 47.90% | 308,859 | $57.24 |
| Q3 2014 | -143 | Reduce 0.07% | 208,836 | $52.34 |
| Q2 2014 | -4,695 | Reduce 2.20% | 208,979 | $51.82 |
| Q1 2014 | +54,200 | Add 33.99% | 213,674 | $49.30 |
| Q4 2013 | -16,705 | Reduce 9.48% | 159,474 | $48.36 |
| Q3 2013 | +8,678 | Add 5.18% | 176,179 | $43.55 |
| Q2 2013 | +167,501 | Add 0.00% | 167,501 | $39.92 |
| Q4 2012 | +252,169 | Add 0.00% | 252,169 | $34.47 |
Cliff Asness's Marsh & McLennan Companies Investment FAQs
Cliff Asness first purchased Marsh & McLennan Companies, Inc. (MMC) in Q4 2012, acquiring 252,169 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Marsh & McLennan Companies, Inc. (MMC) for 54 quarters since Q4 2012.
Cliff Asness's largest addition to Marsh & McLennan Companies, Inc. (MMC) was in Q1 2026, adding 3,673,987 shares worth $637.25 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 3,673,987 shares of Marsh & McLennan Companies, Inc. (MMC), valued at approximately $637.25 M.
As of the Q1 2026 filing, Marsh & McLennan Companies, Inc. (MMC) represents approximately 0.29% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Marsh & McLennan Companies, Inc. (MMC) was 3,673,987 shares, as reported at the end of Q1 2026.