MARSH & MCLENNAN COS INC

Ticker: MRSH CUSIP: 571748102 Class: COM

SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI's Holding History (CIK: 0001033974)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 25,967 Value ($000) $4,817 Avg Close $186.43 Range $173.30 - $207.83

Q3 2025

Shares 25,670 Value ($000) $5,173 Avg Close $204.01 Range $193.16 - $217.79

Q2 2025

Shares 25,890 Value ($000) $5,661 Avg Close $223.19 Range $207.03 - $245.83

Q1 2025

Shares 25,481 Value ($000) $6,218 Avg Close $223.35 Range $202.92 - $243.01

Q4 2024

Shares 25,426 Value ($000) $5,401 Avg Close $217.77 Range $205.01 - $231.80

Q3 2024

Shares 24,124 Value ($000) $5,382 Avg Close $216.92 Range $203.69 - $227.83

Q2 2024

Shares 23,498 Value ($000) $4,951 Avg Close $200.17 Range $190.69 - $211.90

Q1 2024

Shares 22,349 Value ($000) $4,603 Avg Close $193.37 Range $182.28 - $203.67

Q4 2023

Shares 21,063 Value ($000) $3,991 Avg Close $186.95 Range $177.61 - $196.74

Q3 2023

Shares 21,018 Value ($000) $4,000 Avg Close $184.60 Range $176.10 - $192.52

Q2 2023

Shares 20,741 Value ($000) $3,901 Avg Close $170.44 Range $158.35 - $182.02

Q1 2023

Shares 20,874 Value ($000) $3,477 Avg Close $159.32 Range $144.98 - $169.70

Q4 2022

Shares 18,334 Value ($000) $3,034 Avg Close $155.95 Range $140.95 - $169.03

Q3 2022

Shares 18,679 Value ($000) $2,789 Avg Close $152.34 Range $138.65 - $166.00

Q2 2022

Shares 19,074 Value ($000) $2,961 Avg Close $151.71 Range $135.36 - $173.83

Q1 2022

Shares 19,048 Value ($000) $3,246 Avg Close $148.65 Range $134.43 - $164.01

Q4 2021

Shares 19,368 Value ($000) $3,367 Avg Close $156.21 Range $141.53 - $165.13

Q3 2021

Shares 19,283 Value ($000) $2,920 Avg Close $141.63 Range $128.41 - $152.48

Q2 2021

Shares 18,810 Value ($000) $2,646 Avg Close $125.21 Range $112.59 - $132.40

Q1 2021

Shares 14,290 Value ($000) $1,741 Avg Close $107.02 Range $98.83 - $113.89

Q4 2020

Shares 13,755 Value ($000) $1,609 Avg Close $105.23 Range $94.36 - $110.82

Q3 2020

Shares 14,150 Value ($000) $1,623 Avg Close $105.63 Range $97.93 - $111.90

Q2 2020

Shares 15,125 Value ($000) $1,624 Avg Close $93.00 Range $71.99 - $103.18

Q1 2020

Shares 15,090 Value ($000) $1,305 Avg Close $97.35 Range $67.78 - $109.87

Q4 2019

Shares 15,840 Value ($000) $1,765 Avg Close $95.06 Range $86.01 - $104.01

Q3 2019

Shares 17,750 Value ($000) $1,776 Avg Close $90.54 Range $85.70 - $93.91

Q2 2019

Shares 18,475 Value ($000) $1,843 Avg Close $86.29 Range $82.49 - $90.62

Q1 2019

Shares 19,775 Value ($000) $1,857 Avg Close $79.33 Range $69.39 - $85.50

Q4 2018

Shares 21,800 Value ($000) $1,739 Avg Close $74.46 Range $66.23 - $80.27

Q3 2018

Shares 23,025 Value ($000) $1,905 Avg Close $75.30 Range $71.83 - $78.35

Q2 2018

Shares 25,875 Value ($000) $2,121 Avg Close $72.21 Range $69.38 - $74.98

Q1 2018

Shares 26,725 Value ($000) $2,207 Avg Close $72.87 Range $69.13 - $75.89

Q4 2017

Shares 29,600 Value ($000) $2,409 Avg Close $72.87 Range $70.08 - $76.08

Q3 2017

Shares 35,650 Value ($000) $2,988 Avg Close $69.18 Range $66.77 - $73.79

Q2 2017

Shares 36,135 Value ($000) $2,817 Avg Close $65.59 Range $62.21 - $70.09

Q1 2017

Shares 36,453 Value ($000) $2,694 Avg Close $61.73 Range $57.29 - $65.47

Q4 2016

Shares 36,753 Value ($000) $2,484 Avg Close $57.67 Range $53.49 - $60.18

Q3 2016

Shares 43,780 Value ($000) $2,944 Avg Close $57.32 Range $55.91 - $58.65

Q2 2016

Shares 46,330 Value ($000) $3,172 Avg Close $54.66 Range $50.84 - $58.55

Q1 2016

Shares 47,638 Value ($000) $2,896 Avg Close $47.39 Range $42.68 - $51.78

Q4 2015

Shares 50,698 Value ($000) $2,811 Avg Close $46.40 Range $42.63 - $48.51

Q3 2015

Shares 49,948 Value ($000) $2,608 Avg Close $46.73 Range $42.51 - $49.38

Q2 2015

Shares 49,948 Value ($000) $2,832 Avg Close $48.09 Range $46.11 - $50.08

Q1 2015

Shares 49,648 Value ($000) $2,785 Avg Close $46.67 Range $44.22 - $48.27

Q4 2014

Shares 49,998 Value ($000) $2,862 Avg Close $45.21 Range $40.02 - $48.56

Q3 2014

Shares 50,298 Value ($000) $2,633 Avg Close $42.74 Range $40.97 - $44.10

Q2 2014

Shares 51,498 Value ($000) $2,669 Avg Close $40.50 Range $38.06 - $42.84

Q1 2014

Shares 54,365 Value ($000) $2,680 Avg Close $38.81 Range $35.81 - $41.06

Q4 2013

Shares 54,965 Value ($000) $2,658 Avg Close $37.39 Range $33.79 - $39.29

Q3 2013

Shares 55,715 Value ($000) $2,426 Avg Close $33.72 Range $31.78 - $35.90

Q2 2013

Shares 56,215 Value ($000) $2,244 Avg Close $31.19 Range $29.36 - $33.32

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	25,967	$4,817	$186.43	$173.30 - $207.83
Q3 2025	25,670	$5,173	$204.01	$193.16 - $217.79
Q2 2025	25,890	$5,661	$223.19	$207.03 - $245.83
Q1 2025	25,481	$6,218	$223.35	$202.92 - $243.01
Q4 2024	25,426	$5,401	$217.77	$205.01 - $231.80
Q3 2024	24,124	$5,382	$216.92	$203.69 - $227.83
Q2 2024	23,498	$4,951	$200.17	$190.69 - $211.90
Q1 2024	22,349	$4,603	$193.37	$182.28 - $203.67
Q4 2023	21,063	$3,991	$186.95	$177.61 - $196.74
Q3 2023	21,018	$4,000	$184.60	$176.10 - $192.52
Q2 2023	20,741	$3,901	$170.44	$158.35 - $182.02
Q1 2023	20,874	$3,477	$159.32	$144.98 - $169.70
Q4 2022	18,334	$3,034	$155.95	$140.95 - $169.03
Q3 2022	18,679	$2,789	$152.34	$138.65 - $166.00
Q2 2022	19,074	$2,961	$151.71	$135.36 - $173.83
Q1 2022	19,048	$3,246	$148.65	$134.43 - $164.01
Q4 2021	19,368	$3,367	$156.21	$141.53 - $165.13
Q3 2021	19,283	$2,920	$141.63	$128.41 - $152.48
Q2 2021	18,810	$2,646	$125.21	$112.59 - $132.40
Q1 2021	14,290	$1,741	$107.02	$98.83 - $113.89
Q4 2020	13,755	$1,609	$105.23	$94.36 - $110.82
Q3 2020	14,150	$1,623	$105.63	$97.93 - $111.90
Q2 2020	15,125	$1,624	$93.00	$71.99 - $103.18
Q1 2020	15,090	$1,305	$97.35	$67.78 - $109.87
Q4 2019	15,840	$1,765	$95.06	$86.01 - $104.01
Q3 2019	17,750	$1,776	$90.54	$85.70 - $93.91
Q2 2019	18,475	$1,843	$86.29	$82.49 - $90.62
Q1 2019	19,775	$1,857	$79.33	$69.39 - $85.50
Q4 2018	21,800	$1,739	$74.46	$66.23 - $80.27
Q3 2018	23,025	$1,905	$75.30	$71.83 - $78.35
Q2 2018	25,875	$2,121	$72.21	$69.38 - $74.98
Q1 2018	26,725	$2,207	$72.87	$69.13 - $75.89
Q4 2017	29,600	$2,409	$72.87	$70.08 - $76.08
Q3 2017	35,650	$2,988	$69.18	$66.77 - $73.79
Q2 2017	36,135	$2,817	$65.59	$62.21 - $70.09
Q1 2017	36,453	$2,694	$61.73	$57.29 - $65.47
Q4 2016	36,753	$2,484	$57.67	$53.49 - $60.18
Q3 2016	43,780	$2,944	$57.32	$55.91 - $58.65
Q2 2016	46,330	$3,172	$54.66	$50.84 - $58.55
Q1 2016	47,638	$2,896	$47.39	$42.68 - $51.78
Q4 2015	50,698	$2,811	$46.40	$42.63 - $48.51
Q3 2015	49,948	$2,608	$46.73	$42.51 - $49.38
Q2 2015	49,948	$2,832	$48.09	$46.11 - $50.08
Q1 2015	49,648	$2,785	$46.67	$44.22 - $48.27
Q4 2014	49,998	$2,862	$45.21	$40.02 - $48.56
Q3 2014	50,298	$2,633	$42.74	$40.97 - $44.10
Q2 2014	51,498	$2,669	$40.50	$38.06 - $42.84
Q1 2014	54,365	$2,680	$38.81	$35.81 - $41.06
Q4 2013	54,965	$2,658	$37.39	$33.79 - $39.29
Q3 2013	55,715	$2,426	$33.72	$31.78 - $35.90
Q2 2013	56,215	$2,244	$31.19	$29.36 - $33.32