Aon
458 hedge funds and large institutions have $21.5B invested in Aon in 2013 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 125 increasing their positions, 193 reducing their positions, and 30 closing their positions.
147% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 30
15% more capital invested
Capital invested by funds: $18.7B → $21.5B (+$2.76B)
13% more funds holding in top 10
Funds holding in top 10: 24 → 27 (+3)
10% more funds holding
Funds holding: 417 → 458 (+41)
3.26% more ownership
Funds ownership: 81.71% → 84.97% (+3.3%)
15% less call options, than puts
Call options by funds: $218M | Put options by funds: $255M
35% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 193
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$544M |
| 2 |
TCM
Tran Capital Management
San Rafael,
California
|
+$258M |
| 3 |
JP Morgan Chase
New York
|
+$218M |
| 4 |
O
OppenheimerFunds
New York
|
+$156M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$148M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$411M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$132M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$130M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$118M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$85.5M |
AON Hedge Fund Activity: Q4 2013 in Review
458 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q4 2013, worth a combined $21.5B — up 15% from $18.7B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new AON positions and 30 closed out — a net gain of 44 holders — while 125 added to existing stakes and 193 trimmed.
The largest buyer was Harris Associates, adding an estimated $544M. The largest seller was Southeastern Asset Management, cutting an estimated $411M.
- 458 institutional investors held Aon (AON) as of Q4 2013, up from 417 in Q3 2013.
- Funds reported $21.5B of Aon stock for Q4 2013, up 15% quarter-over-quarter.
- 74 funds opened new Aon positions in Q4 2013 and 30 closed out, a net change of +44 holders.
- The largest Aon buyer in Q4 2013 was Harris Associates, an estimated $544M added.
- The largest Aon seller in Q4 2013 was Southeastern Asset Management, an estimated $411M sold.
Based on aggregated 13F filings for Q4 2013.