Murray Stahl's MMC Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 157,219 shares of Marsh & McLennan Companies, Inc. (MMC) worth $31.68 M, representing 0.39% of the portfolio. First purchased in 2021-Q1, this medium-term investment has been held for 19 quarters.
Based on 13F filings, Murray Stahl has maintained a strategic position in MMC, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2021, adding 107,131 shares. Largest reduction occurred in Q4 2023, reducing 43,424 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Marsh & McLennan Companies (MMC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Marsh & McLennan Companies (MMC) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2021 | +34,021 | New Buy | 34,021 | $121.81 |
| Q2 2021 | +107,131 | Add 314.90% | 141,152 | $140.68 |
| Q3 2021 | +17,816 | Add 12.62% | 158,968 | $151.43 |
| Q4 2021 | +27,905 | Add 17.55% | 186,873 | $173.82 |
| Q1 2022 | +58,663 | Add 31.39% | 245,536 | $170.42 |
| Q2 2022 | +33,773 | Add 13.75% | 279,309 | $155.25 |
| Q3 2022 | -24,640 | Reduce 8.82% | 254,669 | $149.29 |
| Q4 2022 | -5,374 | Reduce 2.11% | 249,295 | $165.48 |
| Q1 2023 | -17,041 | Reduce 6.84% | 232,254 | $166.55 |
| Q2 2023 | -23,580 | Reduce 10.15% | 208,674 | $188.08 |
| Q3 2023 | -28,664 | Reduce 13.74% | 180,010 | $190.30 |
| Q4 2023 | -43,424 | Reduce 24.12% | 136,586 | $189.47 |
| Q1 2024 | -10,137 | Reduce 7.42% | 126,449 | $205.98 |
| Q2 2024 | -6,735 | Reduce 5.33% | 119,714 | $210.72 |
| Q3 2024 | -640 | Reduce 0.53% | 119,074 | $223.09 |
| Q4 2024 | +25,554 | Add 21.46% | 144,628 | $212.41 |
| Q1 2025 | +3,965 | Add 2.74% | 148,593 | $244.03 |
| Q2 2025 | +8,194 | Add 5.51% | 156,787 | $218.64 |
| Q3 2025 | +432 | Add 0.28% | 157,219 | $201.53 |
Murray Stahl's Marsh & McLennan Companies Investment FAQs
Murray Stahl first purchased Marsh & McLennan Companies, Inc. (MMC) in Q1 2021, acquiring 34,021 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 Marsh & McLennan Companies, Inc. (MMC) for 19 quarters since Q1 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to Marsh & McLennan Companies, Inc. (MMC) was in Q2 2021, adding 141,152 shares worth $19.86 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 157,219 shares of Marsh & McLennan Companies, Inc. (MMC), valued at approximately $31.68 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Marsh & McLennan Companies, Inc. (MMC) represents approximately 0.39% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's peak holding in Marsh & McLennan Companies, Inc. (MMC) was 279,309 shares, as reported at the end of Q2 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.