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384 hedge funds and large institutions have $4.79B invested in Aaon in 2025 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 139 increasing their positions, 129 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.82% more ownership

Funds ownership: 71.35%75.17% (+3.8%)

8% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 129

9% less funds holding

Funds holding: 422384 (-38)

30% less capital invested

Capital invested by funds: $6.83B → $4.79B (-$2.04B)

35% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 100

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

55% less call options, than puts

Call options by funds: $2.24M | Put options by funds: $4.93M

Holders
384
Holders Change
-38
Holders Change %
-9%
% of All Funds
5.15%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
65
Increased
139
Reduced
129
Closed
100
Calls
$2.24M
Puts
$4.93M
Net Calls
-$2.69M
Net Calls Change
-$4.48M
Name Holding Trade Value Shares
Change
Change in
Stake
DCM
76
Driehaus Capital Management
Illinois
$8.17M -$60.7M -588,779 -85%
Daiwa Securities Group
77
Daiwa Securities Group
Japan
$7.9M +$4.93M +47,849 +90%
1CP
78
11 Capital Partners
Connecticut
$7.84M +$7.43M +72,000 +254%
D.E. Shaw & Co
79
D.E. Shaw & Co
New York
$7.42M +$8.93M +86,603 +1,037%
California Public Employees Retirement System
80
California Public Employees Retirement System
California
$7.29M -$2.86M -27,713 -23%
CRC
81
Curi RMB Capital
Illinois
$7.26M +$7.68M +74,478 +403%
TC
82
TownSquare Capital
Utah
$6.77M -$1.94M -18,843 -18%
CP
83
CenterBook Partners
Connecticut
$6.45M +$8.52M +82,604 New
Retirement Systems of Alabama
84
Retirement Systems of Alabama
Alabama
$6.42M +$8.46K +82 +0.1%
Millennium Management
85
Millennium Management
New York
$6.34M +$6.79M +65,813 +429%
AllianceBernstein
86
AllianceBernstein
Tennessee
$6.25M -$114K -1,107 -1%
TIG
87
Tribune Investment Group
New York
$6.25M +$8.25M +80,000 New
Ohio Public Employees Retirement System (OPERS)
88
Ohio Public Employees Retirement System (OPERS)
Ohio
$6.17M -$785K -7,611 -9%
Jacobs Levy Equity Management
89
Jacobs Levy Equity Management
New Jersey
$6.04M +$7.97M +77,290 New
CF
90
Corebridge Financial
Texas
$5.88M -$191K -1,851 -2%
VanEck Associates
91
VanEck Associates
New York
$5.72M +$733K +7,111 +11%
Janus Henderson Group
92
Janus Henderson Group
United Kingdom
$5.46M +$1.23M +11,885 +20%
State of Wisconsin Investment Board
93
State of Wisconsin Investment Board
Wisconsin
$5.29M +$2.03M +19,715 +41%
EAM
94
Erste Asset Management
Austria
$5.18M +$402K +3,902 +6%
Wellington Management Group
95
Wellington Management Group
Massachusetts
$5.16M -$466K -4,517 -6%
California State Teachers Retirement System (CalSTRS)
96
California State Teachers Retirement System (CalSTRS)
California
$5.16M +$176K +1,705 +3%
CCG
97
Chatham Capital Group
Georgia
$4.86M +$207K +2,010 +3%
BG
98
Bahl & Gaynor
Ohio
$4.82M -$915K -8,873 -13%
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.32M -$27.9K -271 -0.5%
4A
100
4D Advisors
California
$4.3M +$3.61M +35,000 +175%

AAON Hedge Fund Activity: Q1 2025 in Review

384 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Aaon (AAON) for Q1 2025, worth a combined $4.79B — down 30% from $6.83B a quarter earlier.

Sellers outnumbered buyers: 100 funds closed out of AAON and 65 opened new positions — a net loss of 35 holders — while 129 trimmed existing stakes and 139 added.

The largest buyer was Pictet Asset Management, adding an estimated $124M. The largest seller was Invesco, cutting an estimated $103M.

  • 384 institutional investors held Aaon (AAON) as of Q1 2025, down from 422 in Q4 2024.
  • Funds reported $4.79B of Aaon stock for Q1 2025, down 30% quarter-over-quarter.
  • 65 funds opened new Aaon positions in Q1 2025 and 100 closed out, a net change of -35 holders.
  • The largest Aaon buyer in Q1 2025 was Pictet Asset Management, an estimated $124M added.
  • The largest Aaon seller in Q1 2025 was Invesco, an estimated $103M sold.

Based on aggregated 13F filings for Q1 2025.