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1,278 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: 1,2481,278 (+30)

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
1,278
Holders Change
+30
Holders Change %
+2.4%
% of All Funds
15.55%
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
Goldman Sachs
26
Goldman Sachs
New York
$497M +$34.3M +98,103 +7%
Bank of America
27
Bank of America
North Carolina
$480M -$26.1M -74,787 -5%
Legal & General Group
28
Legal & General Group
United Kingdom
$476M -$21M -60,273 -4%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$473M +$265M +757,820 +130%
Invesco
30
Invesco
Georgia
$471M +$30.3M +86,717 +7%
Charles Schwab
31
Charles Schwab
California
$463M +$5.45M +15,619 +1%
Lazard Asset Management
32
Lazard Asset Management
New York
$454M +$8.96M +25,652 +2%
Capital International Investors
33
Capital International Investors
California
$443M -$175M -500,692 -29%
CCM
34
Cantillon Capital Management
New York
$439M +$3.24M +9,277 +0.8%
UBS AM
35
UBS AM
Illinois
$437M -$22.5M -64,538 -5%
SGA
36
Sustainable Growth Advisers
Connecticut
$431M -$33.5M -95,897 -7%
Amundi
37
Amundi
France
$430M -$57.9M -165,796 -12%
Artisan Partners
38
Artisan Partners
Wisconsin
$394M -$52.1M -149,342 -12%
Ameriprise
39
Ameriprise
Minnesota
$391M -$25.7M -73,530 -6%
LP
40
Longview Partners
Guernsey
$390M -$17.8M -50,970 -4%
Dimensional Fund Advisors
41
Dimensional Fund Advisors
Texas
$367M +$33.8M +96,885 +10%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$337M +$3.11M +8,915 +0.9%
Fidelity International
43
Fidelity International
Bermuda
$312M -$15.5M -44,456 -5%
UBS Group
44
UBS Group
Switzerland
$289M -$131M -375,721 -31%
N
45
Nuveen
North Carolina
$285M -$84M -240,461 -23%
Deutsche Bank
46
Deutsche Bank
Germany
$281M +$63.9M +182,923 +30%
Viking Global Investors
47
Viking Global Investors
Connecticut
$277M -$220M -630,968 -45%
Vontobel Holding
48
Vontobel Holding
Switzerland
$268M -$45.1M -129,193 -15%
UIM
49
USS Investment Management
United Kingdom
$241M +$14.3M +40,969 +6%
FPA
50
First Pacific Advisors
California
$232M +$728K +2,086 +0.3%