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1,041 hedge funds and large institutions have $56.3B invested in Aon in 2023 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 360 increasing their positions, 377 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 65

3% more funds holding in top 10

Funds holding in top 10: 3637 (+1)

2% more funds holding

Funds holding: 1,0171,041 (+24)

5% less repeat investments, than reductions

Existing positions increased: 360 | Existing positions reduced: 377

1% less ownership

Funds ownership: 86.63%85.62% (-1%)

8% less capital invested

Capital invested by funds: $61B → $56.3B (-$4.67B)

27% less call options, than puts

Call options by funds: $178M | Put options by funds: $245M

Holders
1,041
Holders Change
+24
Holders Change %
+2.36%
% of All Funds
16.52%
Holding in Top 10
37
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+2.78%
% of All Funds
0.59%
New
100
Increased
360
Reduced
377
Closed
65
Calls
$178M
Puts
$245M
Net Calls
-$66.3M
Net Calls Change
+$31.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
126
Prana Capital Management
Connecticut
$38M +$38.7M +117,108 New
State of New Jersey Common Pension Fund D
127
State of New Jersey Common Pension Fund D
New Jersey
$37.8M -$1.67M -5,053 -4%
ICP
128
Ironvine Capital Partners
Nebraska
$37.4M +$107K +324 +0.3%
Ohio Public Employees Retirement System (OPERS)
129
Ohio Public Employees Retirement System (OPERS)
Ohio
$37.4M -$3.22M -9,738 -8%
CIBC Private Wealth Group
130
CIBC Private Wealth Group
Georgia
$37.3M +$1.43M +4,321 +4%
PNC Financial Services Group
131
PNC Financial Services Group
Pennsylvania
$37.1M -$100K -303 -0.3%
Chevy Chase Trust
132
Chevy Chase Trust
Maryland
$37M -$1.15M -3,466 -3%
DS
133
Dudley & Shanley
Florida
$35.9M +$103K +310 +0.3%
WJWM
134
Williams Jones Wealth Management
New York
$35.6M -$495K -1,495 -1%
State of Wisconsin Investment Board
135
State of Wisconsin Investment Board
Wisconsin
$35.2M -$952K -2,878 -3%
Citadel Advisors
136
Citadel Advisors
Florida
$35.2M +$35.9M +108,445 New
Asset Management One
137
Asset Management One
Japan
$34.6M +$35.1K +106 +0.1%
WPC
138
Waters Parkerson & Co
Louisiana
$33.3M -$125K -377 -0.4%
Susquehanna International Group
139
Susquehanna International Group
Pennsylvania
$32.8M +$5.2M +15,709 +18%
CW
140
Connectus Wealth
Ohio
$32.5M +$33.1M +100,159 New
MG
141
Markel Group
Virginia
$32.3M +$2.15M +6,500 +7%
Victory Capital Management
142
Victory Capital Management
Texas
$32.2M +$907K +2,742 +3%
Toronto Dominion Bank
143
Toronto Dominion Bank
Ontario, Canada
$32M +$32.7M +98,825 New
NOCM
144
Night Owl Capital Management
Connecticut
$31.4M -$22.5K -68 -0.1%
GIA
145
Gateway Investment Advisers
Ohio
$30.5M -$140K -423 -0.4%
Treasurer of the State of North Carolina
146
Treasurer of the State of North Carolina
North Carolina
$29.8M -$682K -2,060 -2%
NIMI
147
Natixis Investment Managers International
France
$28.9M +$301K +910 +1%
BCI
148
Brinker Capital Investments
Pennsylvania
$28.1M -$792K -2,393 -3%
OPS
149
Orion Portfolio Solutions
Nebraska
$28.1M -$792K -2,393 -3%
BTCPP
150
Border to Coast Pensions Partnership
United Kingdom
$28.1M

AON Hedge Fund Activity: Q3 2023 in Review

1,041 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2023, worth a combined $56.3B — down 7.6% from $61B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new AON positions and 65 closed out — a net gain of 35 holders — while 360 added to existing stakes and 377 trimmed.

The largest buyer was Fiera Capital (Canada), adding an estimated $174M. The largest seller was Massachusetts Financial Services, cutting an estimated $529M.

  • 1,041 institutional investors held Aon (AON) as of Q3 2023, up from 1,017 in Q2 2023.
  • Funds reported $56.3B of Aon stock for Q3 2023, down 7.6% quarter-over-quarter.
  • 100 funds opened new Aon positions in Q3 2023 and 65 closed out, a net change of +35 holders.
  • The largest Aon buyer in Q3 2023 was Fiera Capital (Canada), an estimated $174M added.
  • The largest Aon seller in Q3 2023 was Massachusetts Financial Services, an estimated $529M sold.

Based on aggregated 13F filings for Q3 2023.