WTWNasdaqInsurance Agents, Brokers & ServiceFiscal year ends December 31
WILLIS TOWERS WATSON PLC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$314.45−1.04 (-0.33%)
Close on Oct 19, 2026
- Market cap
- $29.56B
- P/E (TTM)
- 19.3
- Dividend yield
- 1.17%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
96M of 93M shares
Institutional holders
689
75 new, 95 sold out
Net institutional buying
6M
In Q2 2026
Insider trades, 12 months
4 buys · 2 sales
Net bought $911.48K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Dodge & Cox | 8,025,392 | 8.50% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 7,595,670 | 7.60% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Capital Management | 7,106,088 | 7.54% | 13G (passive) | Mar 31, 2026 |
| Massachusetts Financial Services Company | 6,483,822 | 6.40% | 13G (passive) amendment | Dec 31, 2024 |
| Harris Associates L P | 5,613,089 | 5.90% | 13G (passive) | Dec 31, 2025 |
| Artisan Partners Asset Management Inc. | 5,541,048 | 5.90% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of WTW | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| First Eagle Investment Management, LLC | 8,951,720 | 9.64% | $2.34B | +4,612,359 | 1.94% |
| BlackRock, Inc. | 8,314,002 | 8.95% | $2.17B | +200,776 | 0.03% |
| Dodge & Cox | 8,025,392 | 8.64% | $2.10B | +692,978 | 1.10% |
| Vanguard Capital Management LLC | 6,174,220 | 6.65% | $1.61B | +9,367 | 0.03% |
| Harris Associates L P | 5,908,033 | 6.36% | $1.54B | −109,649 | 2.05% |
| Artisan Partners Limited Partnership | 5,541,048 | 5.97% | $1.45B | +1,754,431 | 2.30% |
| Massachusetts Financial Services Co /Ma/ | 5,491,383 | 5.91% | $2.26B | −376,150 | 0.72% |
| State Street Corp | 4,315,443 | 4.65% | $1.13B | +98,608 | 0.03% |
| Vanguard Portfolio Management LLC | 4,064,712 | 4.38% | $1.06B | +7,722 | 0.05% |
| Geode Capital Management, LLC | 2,601,654 | 2.80% | $677.37M | +11,682 | 0.04% |
| FMR LLC | 2,215,896 | 2.39% | $579.17M | +62,168 | 0.03% |
| Invesco Ltd. | 2,171,679 | 2.34% | $567.61M | −155,722 | 0.04% |
| Price T Rowe Associates Inc /Md/ | 1,721,323 | 1.85% | $449.90K | +711,250 | 0.05% |
| Norges Bank | 1,433,866 | 1.54% | $374.77M | New | 0.04% |
| Northern Trust Corp | 1,049,080 | 1.13% | $274.20M | −49,805 | 0.03% |
| Arrowstreet Capital, Limited Partnership | 1,022,261 | 1.10% | $267.19M | +706,103 | 0.12% |
| Dimensional Fund Advisors LP | 1,005,711 | 1.08% | $262.89M | +5,153 | 0.05% |
| Bank Of Montreal /Can/ | 933,387 | 1.01% | $243.96M | +36,368 | 0.08% |
| Jupiter Topco LLC | 916,295 | 0.99% | $239.49M | New | 0.10% |
| Morgan Stanley | 834,440 | 0.90% | $218.10M | +19,772 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 689 | 96M | 100.0% | 75 / 238 | 278 / 95 | 13M | 7M |
| Q1 2026 | 724 | 90M | 97.4% | 99 / 239 | 282 / 115 | 17M | 12M |
| Q4 2025 | 751 | 97M | 100.0% | 114 / 233 | 281 / 80 | 13M | 8M |
| Q3 2025 | 730 | 92M | 99.1% | 91 / 246 | 253 / 75 | 6M | 9M |
| Q2 2025 | 723 | 95M | 100.0% | 79 / 248 | 273 / 106 | 8M | 7M |
| Q1 2025 | 759 | 94M | 100.0% | 113 / 253 | 277 / 52 | 4M | 5M |
| Q4 2024 | 708 | 94M | 100.0% | 110 / 252 | 239 / 63 | 8M | 15M |
| Q3 2024 | 671 | 101M | 100.0% | 70 / 261 | 235 / 43 | 23M | 5M |
| Q2 2024 | 651 | 94M | 100.0% | 60 / 279 | 204 / 66 | 4M | 7M |
| Q1 2024 | 662 | 97M | 100.0% | 87 / 225 | 238 / 49 | 5M | 5M |
| Q4 2023 | 630 | 96M | 100.0% | 122 / 198 | 226 / 43 | 7M | 7M |
| Q3 2023 | 559 | 96M | 100.0% | 62 / 173 | 236 / 79 | 7M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of WTW | Value | % of fund | As of |
|---|---|---|---|---|---|
| Dodge & Cox Stock Fund | 3,775,157 | 4.06% | $986.71M | 0.83% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,998,102 | 3.23% | $783.61M | 0.03% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 2,448,561 | 2.64% | $639.98M | 0.04% | Jun 30, 2026 |
| Dodge & Cox International Stock Fund | 2,092,200 | 2.25% | $546.84M | 0.81% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 2,046,492 | 2.20% | $534.89M | 0.24% | Jun 30, 2026 |
| Vanguard Windsor Ii Fund | 1,336,688 | 1.44% | $449.02M | 0.67% | Jul 31, 2026 |
| Vanguard Value Index Fund | 898,114 | 0.97% | $234.74M | 0.09% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 706,165 | 0.76% | $237.21M | 0.25% | Jul 31, 2026 |
| Vanguard Mid-Cap Value Index Fund | 606,625 | 0.65% | $158.55M | 0.43% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 512,531 | 0.55% | $133.96M | 0.04% | Jun 30, 2026 |
| Invesco Equity and Income Fund | 483,054 | 0.52% | $120.60M | 0.93% | May 31, 2026 |
| Dodge & Cox Global Stock Fund | 359,500 | 0.39% | $93.96M | 0.72% | Jun 30, 2026 |
| Parnassus Value Equity Fund | 355,179 | 0.38% | $92.83M | 1.74% | Jun 30, 2026 |
| Mid Cap Value Fund | 326,171 | 0.35% | $85.25M | 1.51% | Jun 30, 2026 |
| Dodge & Cox Balanced Fund | 276,984 | 0.30% | $72.40M | 0.49% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Carl Aaron Hess | Chief Executive Officer, Director | 117,548 | 0.13% | Aug 17, 2026 |
| Julie Jarecke Gebauer | Pres.-Health, Wealth & Career | 79,102 | 0.09% | Aug 17, 2026 |
| Andrew Jay Krasner | Chief Financial Officer | 24,074 | 0.03% | Aug 17, 2026 |
| Alexis Faber | Chief Operating Officer | 10,753 | 0.01% | Aug 12, 2026 |
| Joseph Stephen Kurpis | PAO and Controller | 1,693 | 0.00% | Jul 17, 2026 |
| Matthew Furman | General Counsel | 35,561 | 0.04% | Jul 17, 2026 |
| Anne Pullum | Co-Head of Corporate Dev. | 22,448 | 0.02% | Jul 17, 2026 |
| Imran Ahmed Qureshi | Global Head of Geographies | 12,220 | 0.01% | Jul 17, 2026 |
| Lucy Clarke | President of Risk & Broking | 22,759 | 0.02% | Jul 17, 2026 |
| Kristy D. Banas | Chief Human Resources Officer | 11,366 | 0.01% | Jul 17, 2026 |
| Pamela Thomson-Hall | Head of International | 5,840 | 0.01% | Oct 17, 2025 |
| Stephen M. Chipman | Director | 2,272 | 0.00% | May 22, 2026 |
| Fredric J. Tomczyk | Director | 2,272 | 0.00% | May 22, 2026 |
| Paul C. Reilly | Director | 3,194 | 0.00% | May 22, 2026 |
| Michelle R. Swanback | Director | 2,848 | 0.00% | May 22, 2026 |
| Inga K. Beale | Director | 2,848 | 0.00% | May 22, 2026 |
| Michael P. Hammond | Director | 3,089 | 0.00% | May 22, 2026 |
| Fumbi F. Chima | Director | 4,315 | 0.00% | May 22, 2026 |
| Jacqueline Hunt | Director | 2,272 | 0.00% | May 22, 2026 |
| Paul D. Thomas | Director | 13,043 | 0.01% | May 19, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Alexis Faber Chief Operating Officer | Aug 10, 2026 | Sale | −730 | $342.70 | $250.17K | 10,752 |
| Kristy D. Banas Chief Human Resources Officer | Jul 15, 2026 | Award | +5.17 | – | – | 11,366 |
| Andrew Jay Krasner Chief Financial Officer | Jul 15, 2026 | Award | +15 | – | – | 4,475 |
| Joseph Stephen Kurpis PAO and Controller | Jul 15, 2026 | Award | +0.61 | – | – | 1,693 |
| Matthew Furman General Counsel | Jul 15, 2026 | Award | +6.08 | – | – | 35,561 |
| Imran Ahmed Qureshi Global Head of Geographies | Jul 15, 2026 | Award | +6.35 | – | – | 2,359 |
| Carl Aaron Hess Chief Executive Officer, Director | Jul 15, 2026 | Award | +51.91 | – | – | 117,548 |
| Lucy Clarke President of Risk & Broking | Jul 15, 2026 | Award | +41.08 | – | – | 22,759 |
| Julie Jarecke Gebauer Pres.-Health, Wealth & Career | Jul 15, 2026 | Award | +11.67 | – | – | 78,034 |
| Alexis Faber Chief Operating Officer | Jul 15, 2026 | Award | +5.7 | – | – | 11,482 |
| Anne Pullum Co-Head of Corporate Dev. | Jul 15, 2026 | Award | +6.63 | – | – | 22,448 |
| Inga K. Beale Director | May 20, 2026 | Award | +925.01 | – | – | 2,848 |
| Michelle R. Swanback Director | May 20, 2026 | Award | +925.01 | – | – | 2,848 |
| Fumbi F. Chima Director | May 20, 2026 | Award | +1,417.04 | – | – | 4,315 |
| Paul C. Reilly Director | May 20, 2026 | Award | +1,318.64 | – | – | 3,146 |
| Jacqueline Hunt Director | May 20, 2026 | Award | +925.01 | – | – | 2,272 |
| Michael P. Hammond Director | May 20, 2026 | Award | +925.01 | – | – | 3,089 |
| Stephen M. Chipman Director | May 20, 2026 | Award | +925.01 | – | – | 2,272 |
| Fredric J. Tomczyk Director | May 20, 2026 | Award | +925.01 | – | – | 2,272 |
| Michael P. Hammond Director | May 15, 2026 | Tax withholding | −340.64 | $247.64 | $84.36K | 2,164 |
| Inga K. Beale Director | May 15, 2026 | Tax withholding | −340.64 | $247.64 | $84.36K | 1,923 |
| Paul C. Reilly Director | May 15, 2026 | Tax withholding | −495.47 | $247.64 | $122.70K | 1,828 |
| Jacqueline Hunt Director | May 15, 2026 | Tax withholding | −340.64 | $247.64 | $84.36K | 1,347 |
| Fredric J. Tomczyk Director | May 15, 2026 | Tax withholding | −340.64 | $247.64 | $84.36K | 1,347 |
| Stephen M. Chipman Director | May 15, 2026 | Tax withholding | −340.64 | $247.64 | $84.36K | 1,347 |
| Fumbi F. Chima Director | May 15, 2026 | Tax withholding | −534.18 | $247.64 | $132.28K | 2,898 |
| Michelle R. Swanback Director | May 15, 2026 | Tax withholding | −340.64 | $247.64 | $84.36K | 1,923 |
| Lucy Clarke President of Risk & Broking | May 6, 2026 | Buy | +1,896 | $263.37 | $499.35K | 22,717 |
| Carl Aaron Hess Chief Executive Officer, Director | May 4, 2026 | Buy | +2,000 | $255.08 | $510.16K | 117,425 |
| Imran Ahmed Qureshi Global Head of Geographies | Apr 21, 2026 | Tax withholding | −117.61 | $297.64 | $35.01K | 2,353 |
| Anne Pullum Co-Head of Corporate Dev. | Apr 21, 2026 | Tax withholding | −144.26 | $297.64 | $42.94K | 22,364 |
| Lucy Clarke President of Risk & Broking | Apr 21, 2026 | Tax withholding | −225.5 | $297.64 | $67.12K | 20,821 |
| Alexis Faber Chief Operating Officer | Apr 21, 2026 | Tax withholding | −104.01 | $297.64 | $30.96K | 11,476 |
| Kristy D. Banas Chief Human Resources Officer | Apr 21, 2026 | Tax withholding | −105.09 | $297.64 | $31.28K | 11,299 |
| Joseph Stephen Kurpis PAO and Controller | Apr 21, 2026 | Tax withholding | −9.58 | $297.64 | $2.85K | 1,692 |
| Matthew Furman General Counsel | Apr 21, 2026 | Tax withholding | −157.49 | $297.64 | $46.88K | 35,497 |
| Julie Jarecke Gebauer Pres.-Health, Wealth & Career | Apr 21, 2026 | Tax withholding | −223.11 | $297.64 | $66.41K | 78,022 |
| Carl Aaron Hess Chief Executive Officer, Director | Apr 21, 2026 | Tax withholding | −1,234.76 | $297.64 | $367.51K | 115,425 |
| Andrew Jay Krasner Chief Financial Officer | Apr 21, 2026 | Tax withholding | −289.43 | $297.64 | $86.15K | 4,460 |
| Imran Ahmed Qureshi Global Head of Geographies | Apr 20, 2026 | Award | +1,053.75 | – | – | 2,629 |
| Anne Pullum Co-Head of Corporate Dev. | Apr 20, 2026 | Award | +1,053.75 | – | – | 22,508 |
| Lucy Clarke President of Risk & Broking | Apr 20, 2026 | Award | +1,761 | – | – | 21,047 |
| Alexis Faber Chief Operating Officer | Apr 20, 2026 | Award | +848.27 | – | – | 11,580 |
| Kristy D. Banas Chief Human Resources Officer | Apr 20, 2026 | Award | +770.82 | – | – | 11,404 |
| Joseph Stephen Kurpis PAO and Controller | Apr 20, 2026 | Award | +96.94 | – | – | 1,702 |
| Matthew Furman General Counsel | Apr 20, 2026 | Award | +913.92 | – | – | 35,654 |
| Julie Jarecke Gebauer Pres.-Health, Wealth & Career | Apr 20, 2026 | Award | +1,819.54 | – | – | 78,245 |
| Carl Aaron Hess Chief Executive Officer, Director | Apr 20, 2026 | Award | +8,430 | – | – | 116,660 |
| Andrew Jay Krasner Chief Financial Officer | Apr 20, 2026 | Award | +2,360.4 | – | – | 5,217 |
| Kristy D. Banas Chief Human Resources Officer | Apr 15, 2026 | Award | +5.1 | – | – | 10,625 |
| Imran Ahmed Qureshi Global Head of Geographies | Apr 15, 2026 | Award | +5.77 | – | – | 1,564 |
| Carl Aaron Hess Chief Executive Officer, Director | Apr 15, 2026 | Award | +48.3 | – | – | 108,141 |
| Matthew Furman General Counsel | Apr 15, 2026 | Award | +5.93 | – | – | 34,732 |
| Anne Pullum Co-Head of Corporate Dev. | Apr 15, 2026 | Award | +6.39 | – | – | 21,442 |
| Joseph Stephen Kurpis PAO and Controller | Apr 15, 2026 | Award | +0.59 | – | – | 1,604 |
| Andrew Jay Krasner Chief Financial Officer | Apr 15, 2026 | Award | +13.27 | – | – | 2,835 |
| Alexis Faber Chief Operating Officer | Apr 15, 2026 | Award | +5.53 | – | – | 10,723 |
| Lucy Clarke President of Risk & Broking | Apr 15, 2026 | Award | +35.76 | – | – | 19,286 |
| Julie Jarecke Gebauer Pres.-Health, Wealth & Career | Apr 15, 2026 | Award | +10.45 | – | – | 76,410 |
| Imran Ahmed Qureshi Global Head of Geographies | Apr 1, 2026 | Tax withholding | −3,197 | $290.70 | $929.37K | 1,559 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Alexis Faber Officer | Aug 10, 2026 | 730 | $250.17K | Aug 10, 2026 | Restricted Stock Vesting |
| Matthew Furman Officer | Mar 3, 2026 | 3,000 | $912.01K | Mar 3, 2026 | Restricted Stock Vesting |
| Andrew Jay Krasner Officer | Jun 3, 2025 | 1,600 | $505.20K | Jun 3, 2025 | Restricted Stock Vesting |
| Carl Aaron Hess Officer, Director | May 8, 2025 | 10,000 | $3.09M | May 8, 2025 | Restricted Stock Vesting |
| Alexis Faber Officer | May 8, 2025 | 265 | $81.33K | May 8, 2025 | Restricted Stock Vesting |
| Julie Jarecke Gebauer Officer | Mar 3, 2025 | 1,616 | $547.32K | Mar 3, 2025 | RSU's |
| Julie Jarecke Gebauer Officer | Feb 28, 2025 | 3,384 | $1.14M | Feb 28, 2025 | PSUs |
| Andrew Jay Krasner Officer | Mar 1, 2024 | 1,100 | $299.35K | Mar 1, 2024 | Restricted Stock Vesting |
| Julie Jarecke Gebauer Officer | Feb 20, 2024 | 5,000 | $1.38M | Feb 20, 2024 | RSUs |
| Adam Garrard Officer | Feb 8, 2024 | 5,400 | $1.46M | Feb 8, 2024 | Restricted Stock Vesting |
| Julie Jarecke Gebauer Officer | Jul 3, 2023 | 2,000 | $463.19K | Jul 3, 2023 | Merger |
| Anne Pullum Officer | Jun 7, 2023 | 5,000 | $1.12M | Jun 7, 2023 | Restricted Stock Vesting |
| Julie Jarecke Gebauer Officer | Jun 1, 2023 | 2,500 | $545.63K | Jun 1, 2023 | Merger |
| Julie Jarecke Gebauer Officer | May 1, 2023 | 2,500 | $596.20K | May 1, 2023 | RSUs |
| Julie Jarecke Gebauer Officer | Apr 3, 2023 | 2,500 | $580.73K | Apr 3, 2023 | RSUs |