1,256 hedge funds and large institutions have $66.5B invested in Aon in 2025 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 419 increasing their positions, 472 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 ownership

Funds ownership:

more funds holding

Funds holding:

0% more capital invested

Capital invested by funds: $66.2B → $66.5B (+$232M)

4% less funds holding in top 10

Funds holding in top 10: 2726 (-1)

11% less repeat investments, than reductions

Existing positions increased: 419 | Existing positions reduced: 472

Holders
1,256
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
$108M
Puts
$37.4M
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
ZIG
126
Zurich Insurance Group
Switzerland
$44.1M
JFG
127
Jefferies Financial Group
New York
$43.4M
DB
128
Danske Bank
Denmark
$42.7M
TH
129
TCTC Holdings
Texas
$42.4M
OCAM
130
Onex Canada Asset Management
Ontario, Canada
$42.2M
FA
131
Fiducient Advisors
Illinois
$42.2M
AT
132
AMF Tjänstepension
Sweden
$42.2M
QCM
133
Quantinno Capital Management
New York
$41M
PNC Financial Services Group
134
PNC Financial Services Group
Pennsylvania
$40.5M
Teacher Retirement System of Texas
135
Teacher Retirement System of Texas
Texas
$39.6M
Chevy Chase Trust
136
Chevy Chase Trust
Maryland
$39.5M
CS
137
Cannell & Spears
New York
$39.1M
NOCM
138
Night Owl Capital Management
Connecticut
$38.4M
MDSL
139
M.D. Sass LLC
New York
$38.3M
Mitsubishi UFJ Trust & Banking
140
Mitsubishi UFJ Trust & Banking
Japan
$38.3M
State of Wisconsin Investment Board
141
State of Wisconsin Investment Board
Wisconsin
$38.2M
ICP
142
Ironvine Capital Partners
Nebraska
$38M
BRIM
143
Broad Run Investment Management
Virginia
$37.6M
Korea Investment Corp
144
Korea Investment Corp
South Korea
$36.7M
CS
145
Central Securities
New York
$35.3M
NLGIA
146
Nippon Life Global Investors Americas
New York
$34.9M
OWP
147
Obermeyer Wealth Partners
Colorado
$34.7M
APG Asset Management
148
APG Asset Management
Netherlands
$34.3M
Asset Management One
149
Asset Management One
Japan
$33.7M
Pictet Asset Management
150
Pictet Asset Management
Switzerland
$33.2M