Aon
625 hedge funds and large institutions have $31.9B invested in Aon in 2018 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 168 increasing their positions, 250 reducing their positions, and 71 closing their positions.
90% more call options, than puts
Call options by funds: $64.1M | Put options by funds: $33.7M
13% more capital invested
Capital invested by funds: $28.2B → $31.9B (+$3.69B)
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
1.27% more ownership
Funds ownership: 84.11% → 85.38% (+1.3%)
1% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 71
1% less funds holding
Funds holding: 632 → 625 (-7)
33% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 250
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$297M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$222M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$206M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$70.6M |
| 5 |
Lazard Asset Management
New York
|
+$64.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$150M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$120M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$106M |
| 4 |
Millennium Management
New York
|
-$84.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$82.6M |
AON Hedge Fund Activity: Q3 2018 in Review
625 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2018, worth a combined $31.9B — up 13% from $28.2B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of AON and 70 opened new positions — a net loss of 1 holder — while 250 trimmed existing stakes and 168 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $297M. The largest seller was Principal Financial Group, cutting an estimated $150M.
- 625 institutional investors held Aon (AON) as of Q3 2018, down from 632 in Q2 2018.
- Funds reported $31.9B of Aon stock for Q3 2018, up 13% quarter-over-quarter.
- 70 funds opened new Aon positions in Q3 2018 and 71 closed out, a net change of -1 holder.
- The largest Aon buyer in Q3 2018 was Capital World Investors, an estimated $297M added.
- The largest Aon seller in Q3 2018 was Principal Financial Group, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2018.