Aon
451 hedge funds and large institutions have $21.4B invested in Aon in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 156 increasing their positions, 179 reducing their positions, and 39 closing their positions.
86% more call options, than puts
Call options by funds: $161M | Put options by funds: $86.5M
1.32% less ownership
Funds ownership: 85.6% → 84.27% (-1.3%)
3% less funds holding
Funds holding: 464 → 451 (-13)
6% less capital invested
Capital invested by funds: $22.9B → $21.4B (-$1.47B)
13% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 179
14% less funds holding in top 10
Funds holding in top 10: 28 → 24 (-4)
31% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$145M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$104M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$70.1M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$62.6M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$56.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$300M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$276M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$156M |
| 4 |
GCM
Glenview Capital Management
New York
|
-$105M |
| 5 |
CA
Cortland Advisers
Wilmington,
Delaware
|
-$83M |
AON Hedge Fund Activity: Q3 2014 in Review
451 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2014, worth a combined $21.4B — down 6.4% from $22.9B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of AON and 27 opened new positions — a net loss of 12 holders — while 179 trimmed existing stakes and 156 added.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $145M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $300M sold.
- 451 institutional investors held Aon (AON) as of Q3 2014, down from 464 in Q2 2014.
- Funds reported $21.4B of Aon stock for Q3 2014, down 6.4% quarter-over-quarter.
- 27 funds opened new Aon positions in Q3 2014 and 39 closed out, a net change of -12 holders.
- The largest Aon buyer in Q3 2014 was Viking Global Investors, an estimated $145M added.
- The largest Aon seller in Q3 2014 was Fir Tree Capital Management, an estimated $300M sold.
Based on aggregated 13F filings for Q3 2014.