Aon
AON
1,058 hedge funds and large institutions have $51.5B invested in Aon in 2023 Q4 according to their latest regulatory filings, with 122 funds opening new positions, 341 increasing their positions, 401 reducing their positions, and 89 closing their positions.
37% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 89
2.82% more ownership
Funds ownership: 85.62% → 88.45% (+2.8%)
2% more funds holding
Funds holding: 1,041 → 1,058 (+17)
9% less capital invested
Capital invested by funds: $56.3B → $51.5B (-$4.82B)
15% less repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 401
22% less call options, than puts
Call options by funds: $173M | Put options by funds: $221M
30% less funds holding in top 10
Funds holding in top 10: 37 → 26 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.12B |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$202M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$182M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$141M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$389M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$365M |
| 3 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$216M |
| 4 |
Lazard Asset Management
New York
|
-$211M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$183M |
AON Hedge Fund Activity: Q4 2023 in Review
1,058 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q4 2023, worth a combined $51.5B — down 8.6% from $56.3B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new AON positions and 89 closed out — a net gain of 33 holders — while 341 added to existing stakes and 401 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.12B. The largest seller was Fidelity Investments, cutting an estimated $389M.
- 1,058 institutional investors held Aon (AON) as of Q4 2023, up from 1,041 in Q3 2023.
- Funds reported $51.5B of Aon stock for Q4 2023, down 8.6% quarter-over-quarter.
- 122 funds opened new Aon positions in Q4 2023 and 89 closed out, a net change of +33 holders.
- The largest Aon buyer in Q4 2023 was Morgan Stanley, an estimated $2.12B added.
- The largest Aon seller in Q4 2023 was Fidelity Investments, an estimated $389M sold.
Based on aggregated 13F filings for Q4 2023.