Murray Stahl's AJG Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 1,953 shares of Arthur J. Gallagher & Co. (AJG) worth $505,416, representing 0.01% of the portfolio. First purchased in 2020-Q2, this long-term strategic position has been held for 23 quarters.
Based on 13F filings, Murray Stahl has maintained a strategic position in AJG, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2021, adding 597 shares. Largest reduction occurred in Q2 2022, reducing 1,080 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Arthur J Gallagher & Co (AJG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Arthur J Gallagher & Co (AJG) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2020 | +3,125 | New Buy | 3,125 | $97.60 |
| Q3 2020 | -208 | Reduce 6.66% | 2,917 | $105.59 |
| Q4 2020 | -118 | Reduce 4.05% | 2,799 | $123.62 |
| Q1 2021 | +83 | Add 2.97% | 2,882 | $124.91 |
| Q2 2021 | +597 | Add 20.71% | 3,479 | $139.98 |
| Q3 2021 | +22 | Add 0.63% | 3,501 | $148.53 |
| Q4 2021 | -172 | Reduce 4.91% | 3,329 | $169.72 |
| Q1 2022 | -19 | Reduce 0.57% | 3,310 | $174.62 |
| Q2 2022 | -1,080 | Reduce 32.63% | 2,230 | $163.23 |
| Q3 2022 | -23 | Reduce 1.03% | 2,207 | $171.27 |
| Q4 2022 | -45 | Reduce 2.04% | 2,162 | $188.54 |
| Q1 2023 | -32 | Reduce 1.48% | 2,130 | $191.31 |
| Q2 2023 | +4 | Add 0.19% | 2,134 | $219.57 |
| Q4 2023 | -138 | Reduce 6.47% | 1,996 | $224.88 |
| Q3 2024 | -39 | Reduce 1.95% | 1,957 | $281.37 |
| Q4 2025 | -4 | Reduce 0.20% | 1,953 | $258.79 |
Murray Stahl's Arthur J Gallagher & Co Investment FAQs
Murray Stahl first purchased Arthur J. Gallagher & Co. (AJG) in Q2 2020, acquiring 3,125 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Arthur J. Gallagher & Co. (AJG) for 23 quarters since Q2 2020.
Murray Stahl's largest addition to Arthur J. Gallagher & Co. (AJG) was in Q2 2020, adding 3,125 shares worth $305,000.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 1,953 shares of Arthur J. Gallagher & Co. (AJG), valued at approximately $505,416.
As of the Q4 2025 filing, Arthur J. Gallagher & Co. (AJG) represents approximately 0.01% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Arthur J. Gallagher & Co. (AJG) was 3,501 shares, as reported at the end of Q3 2021.