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
AllianceBernstein
101
AllianceBernstein
Tennessee
$77.1M
SI
102
Scharf Investments
California
$73.4M
Verition Fund Management
103
Verition Fund Management
Connecticut
$73.2M
Ensign Peak Advisors
104
Ensign Peak Advisors
Utah
$72.9M
HSBC Holdings
105
HSBC Holdings
United Kingdom
$67.7M
GC
106
Gillson Capital
Illinois
$66.7M
Point72 Asset Management
107
Point72 Asset Management
Connecticut
$66.4M
State Board of Administration of Florida Retirement System
108
State Board of Administration of Florida Retirement System
Florida
$64M
NC
109
Nicholas Company
Wisconsin
$64M
NONA
110
Ninety One North America
New York
$62.3M
Nomura Asset Management
111
Nomura Asset Management
Japan
$59.2M
GIC
112
GFI Investment Counsel
Ontario, Canada
$59M
IIM
113
INTECH Investment Management
Florida
$55.1M
PCM
114
Prana Capital Management
Connecticut
$55.1M
New York State Teachers Retirement System (NYSTRS)
115
New York State Teachers Retirement System (NYSTRS)
New York
$54.8M
Aberdeen Group
116
Aberdeen Group
United Kingdom
$54.1M
Corient Private Wealth
117
Corient Private Wealth
Florida
$53.6M
YL
118
YCG LLC
Texas
$53.4M
Stifel Financial
119
Stifel Financial
Missouri
$51M
PTC
120
Petrus Trust Company
Texas
$50.8M
SG Americas Securities
121
SG Americas Securities
New York
$50.5M
MCM
122
Moore Capital Management
New York
$49.3M
Ninety One (UK)
123
Ninety One (UK)
United Kingdom
$48.8M
State of Tennessee, Department of Treasury
124
State of Tennessee, Department of Treasury
Tennessee
$48.5M
MG
125
Markel Group
Virginia
$47.3M