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1,279 hedge funds and large institutions have $66.6B invested in Aon in 2025 Q4 according to their latest regulatory filings, with 154 funds opening new positions, 424 increasing their positions, 474 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more call options, than puts

Call options by funds: $109M | Put options by funds: $40.4M

54% more first-time investments, than exits

New positions opened: 154 | Existing positions closed: 100

2% more funds holding

Funds holding: 1,2481,279 (+31)

1.7% more ownership

Funds ownership: 86.17%87.87% (+1.7%)

0% more capital invested

Capital invested by funds: $66.3B → $66.6B (+$330M)

4% less funds holding in top 10

Funds holding in top 10: 2726 (-1)

11% less repeat investments, than reductions

Existing positions increased: 424 | Existing positions reduced: 474

Holders
1,279
Holders Change
+31
Holders Change %
+2.48%
% of All Funds
15.56%
Holding in Top 10
26
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.7%
% of All Funds
0.32%
New
154
Increased
424
Reduced
474
Closed
100
Calls
$109M
Puts
$40.4M
Net Calls
+$68.7M
Net Calls Change
-$172M
Name Holding Trade Value Shares
Change
Change in
Stake
Daiwa Securities Group
251
Daiwa Securities Group
Japan
$12M +$365K +1,044 +3%
NIM
252
NEOS Investment Management
Connecticut
$11.9M +$905K +2,591 +8%
CI
253
Capital International
California
$11.8M -$3.08M -8,810 -21%
TBA
254
Tower Bridge Advisors
Pennsylvania
$11.8M -$670K -1,920 -5%
PFM
255
Premier Fund Managers
United Kingdom
$11.7M -$1.05M -3,000 -8%
OAM
256
Oppenheimer Asset Management
New York
$11.6M -$3.87M -11,073 -25%
BDA
257
Borer Denton & Associates
Pennsylvania
$11.6M -$58.7K -168 -0.5%
PTPFOECYE
258
PBU - The Pension Fund of Early Childhood & Youth Educators
$11.6M +$11.5M +32,861 New
FMI
259
Factory Mutual Insurance
Massachusetts
$11.5M -$6.39M -18,300 -36%
Hudson Bay Capital Management
260
Hudson Bay Capital Management
Connecticut
$11.5M +$1.19M +3,395 +12%
Wealth Enhancement Advisory Services
261
Wealth Enhancement Advisory Services
Minnesota
$11.4M -$14.2M -40,787 -56%
PFSRSONJ
262
Police & Firemen's Retirement System of New Jersey
New Jersey
$11.4M -$549K -1,572 -5%
US Bancorp
263
US Bancorp
Minnesota
$11.1M +$38.8K +111 +0.4%
CAPTRUST Financial Advisors
264
CAPTRUST Financial Advisors
North Carolina
$11M +$1.99M +5,701 +22%
CM
265
Cercano Management
Washington
$10.7M +$10.6M +30,352 New
PGFC
266
Peapack-Gladstone Financial Corp
New Jersey
$10.7M -$52K -149 -0.5%
WJWM
267
Williams Jones Wealth Management
New York
$10.4M -$2.17M -6,220 -17%
BFIM
268
Beese Fulmer Investment Management
Ohio
$10.4M +$547K +1,567 +6%
Baird Financial Group
269
Baird Financial Group
Wisconsin
$10.3M +$288K +825 +3%
M
270
MOTCO
Texas
$10.3M +$38.4K +110 +0.4%
SMDAM
271
Sumitomo Mitsui DS Asset Management
Japan
$10M +$179K +513 +2%
Macquarie Group
272
Macquarie Group
Australia
$9.99M +$660K +1,889 +7%
American Century Companies
273
American Century Companies
Missouri
$9.98M +$306K +876 +3%
EMPI
274
Elo Mutual Pension Insurance
Finland
$9.95M +$331K +949 +3%
VPIM
275
Vanguard Personalized Indexing Management
California
$9.88M +$153K +437 +2%