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
HWM
1226
HighMark Wealth Management
Minnesota
$2.51K
MAS
1227
MPWM Advisory Solutions
Georgia
$2.47K
NL
1228
NVWM LLC
Pennsylvania
$2.47K
WA
1229
WestEnd Advisors
North Carolina
$2.47K
VWM
1230
Valley Wealth Managers
New Jersey
$2.47K
FCAS
1231
First Command Advisory Services
Texas
$2.47K
PWM
1232
Proathlete Wealth Management
Florida
$2.47K
TCM
1233
TD Capital Management
Tennessee
$2.14K
CFG
1234
Clayton Financial Group
Missouri
$2.12K
DWM
1235
Dogwood Wealth Management
Kansas
$2.12K
HWP
1236
Highline Wealth Partners
California
$2.12K
RS
1237
Rakuten Securities
Japan
$2.12K
FC
1238
Financial Consulate
Maryland
$1.76K
RPA
1239
Redwood Park Advisors
California
$1.76K
HIA
1240
HFM Investment Advisors
New Jersey
$1.76K
BWL
1241
Bogart Wealth LLC
Virginia
$1.76K
CIAS
1242
CBIZ Investment Advisory Services
Ohio
$1.76K
RFA
1243
Reyes Financial Architecture
California
$1.76K
T
1244
Tidemark
California
$1.76K
IBOK
1245
Independence Bank of Kentucky
Kentucky
$1.76K
PP
1246
Pacifica Partners
Canada
$1.72K
RWM
1247
RMG Wealth Management
Wisconsin
$1.66K
WWM
1248
Wolff Wiese Magana
California
$1.41K
TM
1249
Torren Management
California
$1.41K
ACA
1250
American Capital Advisory
Idaho
$1.06K