1,268 hedge funds and large institutions have $66.5B invested in Aon in 2025 Q4 according to their latest regulatory filings, with 149 funds opening new positions, 422 increasing their positions, 473 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

more ownership

Funds ownership:

1% more capital invested

Capital invested by funds: $66.2B → $66.5B (+$332M)

4% less funds holding in top 10

Funds holding in top 10: 2726 (-1)

11% less repeat investments, than reductions

Existing positions increased: 422 | Existing positions reduced: 473

Holders
1,268
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
26
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$109M
Puts
$40.4M
Net Calls
Net Calls Change

Top Sellers

1 -$356M
2 -$225M
3 -$220M
4
Morgan Stanley
Morgan Stanley
New York
-$198M
5
Neuberger Berman Group
Neuberger Berman Group
New York
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
ATI
651
Act Two Investors
California
$803K
WA
652
Waverly Advisors
Alabama
$801K
AAP
653
Arax Advisory Partners
Colorado
$800K
DADC
654
D.A. Davidson & Co
Montana
$793K
FFL
655
Future Fund LLC
Illinois
$791K
PAM
656
Panagora Asset Management
Massachusetts
$789K
PA
657
Profund Advisors
Maryland
$789K
SRL
658
Scientech Research LLC
New Jersey
$789K
SAM
659
Smartleaf Asset Management
Massachusetts
$785K
GAM
660
Griffin Asset Management
New York
$781K
CA
661
Cache Advisors
California
$767K
HBT
662
Hills Bank & Trust
Iowa
$767K
IGAM
663
iA Global Asset Management
Quebec, Canada
$759K
BP
664
Ballentine Partners
Massachusetts
$748K
OCBCO
665
Oversea-Chinese Banking Corp (OCBC)
Singapore
$743K
CA
666
Commerzbank Aktiengesellschaft
Germany
$741K
CC
667
Chicago Capital
Illinois
$726K
BCP
668
Blue Chip Partners
Michigan
$725K
KF
669
Krilogy Financial
Missouri
$725K
FFA
670
Founders Financial Alliance
North Carolina
$725K
CI
671
Cigna Investments
Connecticut
$723K
HFO
672
Heritage Family Offices
Arizona
$722K
FFM
673
Forum Financial Management
Illinois
$720K
AWM
674
Apollon Wealth Management
South Carolina
$711K
TIM
675
Thompson Investment Management
Wisconsin
$706K