Aon
417 hedge funds and large institutions have $18.7B invested in Aon in 2013 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 118 increasing their positions, 176 reducing their positions, and 25 closing their positions.
128% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 25
13% more capital invested
Capital invested by funds: $16.5B → $18.7B (+$2.19B)
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
8% more funds holding
Funds holding: 385 → 417 (+32)
1.26% less ownership
Funds ownership: 82.97% → 81.71% (-1.3%)
33% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 176
43% less call options, than puts
Call options by funds: $108M | Put options by funds: $191M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$259M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$112M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$93.9M |
| 4 |
O
OppenheimerFunds
New York
|
+$37M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$232M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$191M |
| 3 |
JP Morgan Chase
New York
|
-$120M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$111M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$84.8M |
AON Hedge Fund Activity: Q3 2013 in Review
417 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2013, worth a combined $18.7B — up 13% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new AON positions and 25 closed out — a net gain of 32 holders — while 118 added to existing stakes and 176 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $259M. The largest seller was Southeastern Asset Management, cutting an estimated $232M.
- 417 institutional investors held Aon (AON) as of Q3 2013, up from 385 in Q2 2013.
- Funds reported $18.7B of Aon stock for Q3 2013, up 13% quarter-over-quarter.
- 57 funds opened new Aon positions in Q3 2013 and 25 closed out, a net change of +32 holders.
- The largest Aon buyer in Q3 2013 was AllianceBernstein, an estimated $259M added.
- The largest Aon seller in Q3 2013 was Southeastern Asset Management, an estimated $232M sold.
Based on aggregated 13F filings for Q3 2013.