Aon
AON
727 hedge funds and large institutions have $39.1B invested in Aon in 2019 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 219 increasing their positions, 287 reducing their positions, and 42 closing their positions.
88% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 42
4% more funds holding
Funds holding: 696 → 727 (+31)
0.75% more ownership
Funds ownership: 84.86% → 85.61% (+0.75%)
1% less capital invested
Capital invested by funds: $39.4B → $39.1B (-$300M)
3% less call options, than puts
Call options by funds: $67.1M | Put options by funds: $69.3M
14% less funds holding in top 10
Funds holding in top 10: 37 → 32 (-5)
24% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 287
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$82.8M |
| 2 |
CII
Capital International Inc
Los Angeles,
California
|
+$79.5M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$73.2M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$65.3M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$55.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$195M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$168M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$109M |
| 4 |
Lazard Asset Management
New York
|
-$97M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$67.5M |
AON Hedge Fund Activity: Q3 2019 in Review
727 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2019, worth a combined $39.1B — down 0.76% from $39.4B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new AON positions and 42 closed out — a net gain of 37 holders — while 219 added to existing stakes and 287 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $82.8M. The largest seller was Massachusetts Financial Services, cutting an estimated $195M.
- 727 institutional investors held Aon (AON) as of Q3 2019, up from 696 in Q2 2019.
- Funds reported $39.1B of Aon stock for Q3 2019, down 0.76% quarter-over-quarter.
- 79 funds opened new Aon positions in Q3 2019 and 42 closed out, a net change of +37 holders.
- The largest Aon buyer in Q3 2019 was Waddell & Reed Financial, an estimated $82.8M added.
- The largest Aon seller in Q3 2019 was Massachusetts Financial Services, an estimated $195M sold.
Based on aggregated 13F filings for Q3 2019.