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1,278 hedge funds and large institutions have $66.6B invested in Aon in 2025 Q4 according to their latest regulatory filings, with 154 funds opening new positions, 424 increasing their positions, 474 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more call options, than puts

Call options by funds: $109M | Put options by funds: $40.4M

54% more first-time investments, than exits

New positions opened: 154 | Existing positions closed: 100

2% more funds holding

Funds holding: 1,2481,278 (+30)

1.7% more ownership

Funds ownership: 86.17%87.87% (+1.7%)

0% more capital invested

Capital invested by funds: $66.3B → $66.6B (+$330M)

4% less funds holding in top 10

Funds holding in top 10: 2726 (-1)

11% less repeat investments, than reductions

Existing positions increased: 424 | Existing positions reduced: 474

Holders
1,278
Holders Change
+30
Holders Change %
+2.4%
% of All Funds
15.55%
Holding in Top 10
26
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.7%
% of All Funds
0.32%
New
154
Increased
424
Reduced
474
Closed
100
Calls
$109M
Puts
$40.4M
Net Calls
+$68.7M
Net Calls Change
-$172M
Name Holding Trade Value Shares
Change
Change in
Stake
State of New Jersey Common Pension Fund D
176
State of New Jersey Common Pension Fund D
New Jersey
$25.2M -$291K -832 -1%
B
177
Barings
North Carolina
$25.1M +$4M +11,444 +19%
Credit Agricole
178
Credit Agricole
France
$24.5M +$3.3M +9,465 +16%
LF
179
Lansforsakringar Fondforvaltning
Sweden
$24.3M +$1.79M +5,133 +8%
CWM
180
CIBC World Markets
New York
$24M +$23.8M +68,101 New
Victory Capital Management
181
Victory Capital Management
Texas
$23.9M +$347K +993 +1%
Handelsbanken Fonder
182
Handelsbanken Fonder
Sweden
$23.7M +$1.95M +5,585 +9%
Alyeska Investment Group
183
Alyeska Investment Group
Illinois
$23.5M -$63.3M -181,332 -73%
CIS
184
Capital International Sarl
California
$23.5M -$6.33M -18,123 -21%
SO
185
STRS Ohio
Ohio
$23.1M -$1.37M -3,915 -6%
Rafferty Asset Management
186
Rafferty Asset Management
New York
$23.1M -$2.16M -6,192 -9%
JA
187
JLB & Associates
Michigan
$22.9M -$436K -1,249 -2%
LOM
188
LTS One Management
New York
$22.8M +$768K +2,200 +4%
FDP
189
Financiere des Professionnels
Quebec, Canada
$22.5M +$2.35M +6,742 +12%
Robeco Institutional Asset Management
190
Robeco Institutional Asset Management
Netherlands
$22.3M +$2.35M +6,721 +12%
National Bank of Canada
191
National Bank of Canada
Quebec, Canada
$21.7M -$34.9M -99,998 -62%
FAF
192
Fjarde Ap-fonden
Sweden
$21.7M -$5.42M -15,520 -20%
MIM
193
MetLife Investment Management
New Jersey
$21.5M -$626K -1,794 -3%
FCM
194
Frontier Capital Management
Massachusetts
$20.7M -$28.2M -80,860 -58%
MAP
195
Managed Asset Portfolios
Michigan
$20.4M +$1.03M +2,953 +5%
ASRS
196
Arizona State Retirement System
Arizona
$20.3M -$798K -2,285 -4%
RAM
197
Resona Asset Management
Japan
$20.3M -$1.48M -4,239 -7%
AT
198
Avalon Trust
New Mexico
$20.1M +$6.04M +17,301 +44%
CNB
199
Czech National Bank
Czech Republic
$20M +$667K +1,911 +3%
SOMRS
200
State of Michigan Retirement System
Michigan
$19.9M -$733K -2,100 -4%