Aaon
AAON
400 hedge funds and large institutions have $5.61B invested in Aaon in 2025 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 129 increasing their positions, 152 reducing their positions, and 67 closing their positions.
403% more call options, than puts
Call options by funds: $21.4M | Put options by funds: $4.25M
4% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 67
0.83% more ownership
Funds ownership: 89.23% → 90.06% (+0.83%)
1% less funds holding
Funds holding: 403 → 400 (-3)
15% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 152
17% less capital invested
Capital invested by funds: $6.8B → $5.61B (-$1.19B)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$194M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$112M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
+$45M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$34.4M |
| 5 |
Amundi
Paris,
France
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$60.5M |
| 2 |
VARA
Value Aligned Research Advisors
Princeton,
New Jersey
|
-$44.9M |
| 3 |
CET
Clean Energy Transition
London,
United Kingdom
|
-$43.3M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$41.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$41.1M |
AAON Hedge Fund Activity: Q4 2025 in Review
400 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Aaon (AAON) for Q4 2025, worth a combined $5.61B — down 17% from $6.8B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new AAON positions and 67 closed out — a net gain of 3 holders — while 129 added to existing stakes and 152 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $194M. The largest seller was Champlain Investment Partners, cutting an estimated $60.5M.
- 400 institutional investors held Aaon (AAON) as of Q4 2025, down from 403 in Q3 2025.
- Funds reported $5.61B of Aaon stock for Q4 2025, down 17% quarter-over-quarter.
- 70 funds opened new Aaon positions in Q4 2025 and 67 closed out, a net change of +3 holders.
- The largest Aaon buyer in Q4 2025 was Wellington Management Group, an estimated $194M added.
- The largest Aaon seller in Q4 2025 was Champlain Investment Partners, an estimated $60.5M sold.
Based on aggregated 13F filings for Q4 2025.