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625 hedge funds and large institutions have $31.9B invested in Aon in 2018 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 168 increasing their positions, 250 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $64.1M | Put options by funds: $33.7M

13% more capital invested

Capital invested by funds: $28.2B → $31.9B (+$3.69B)

9% more funds holding in top 10

Funds holding in top 10: 2224 (+2)

1.27% more ownership

Funds ownership: 84.11%85.38% (+1.3%)

1% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 71

1% less funds holding

Funds holding: 632625 (-7)

33% less repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 250

Holders
625
Holders Change
-7
Holders Change %
-1.11%
% of All Funds
14.29%
Holding in Top 10
24
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.09%
% of All Funds
0.55%
New
70
Increased
168
Reduced
250
Closed
71
Calls
$64.1M
Puts
$33.7M
Net Calls
+$30.5M
Net Calls Change
-$78.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$3.3B +$28M +191,770 +0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.75B +$6.27M +42,838 +0.2%
BlackRock
3
BlackRock
New York
$2.28B -$27.6M -189,003 -1%
State Street
4
State Street
Massachusetts
$1.66B +$40.8M +279,121 +3%
Artisan Partners
5
Artisan Partners
Wisconsin
$1.42B +$22.8M +155,886 +2%
Lazard Asset Management
6
Lazard Asset Management
New York
$1.4B +$64.8M +442,733 +5%
Eagle Capital Management (New York)
7
Eagle Capital Management (New York)
New York
$1.17B -$13.6M -92,682 -1%
LP
8
Longview Partners
Guernsey
$1.02B -$12.5M -85,140 -1%
Mawer Investment Management
9
Mawer Investment Management
Alberta, Canada
$857M +$7.82M +53,439 +1%
Capital International Investors
10
Capital International Investors
California
$710M +$206M +1,407,855 +44%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$656M -$4.01M -27,439 -0.6%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$582M -$50.6M -345,829 -8%
Invesco
13
Invesco
Georgia
$546M -$52M -355,423 -9%
FPA
14
First Pacific Advisors
California
$475M -$106M -727,708 -19%
Northern Trust
15
Northern Trust
Illinois
$427M -$27.3M -186,383 -6%
Ameriprise
16
Ameriprise
Minnesota
$421M -$29.8M -204,086 -7%
Boston Partners
17
Boston Partners
Massachusetts
$419M +$18.7M +127,761 +5%
Principal Financial Group
18
Principal Financial Group
Iowa
$412M -$150M -1,023,018 -28%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$401M +$8.68M +59,339 +2%
DZ Bank
20
DZ Bank
Germany
$400M +$34.1M +233,467 +10%
Harris Associates
21
Harris Associates
Illinois
$354M -$13.1M -89,498 -4%
Capital World Investors
22
Capital World Investors
California
$313M +$297M +2,033,500 New
Bank of New York Mellon
23
Bank of New York Mellon
New York
$306M -$3.25M -22,217 -1%
Bank of America
24
Bank of America
North Carolina
$305M +$12M +82,278 +4%
Norges Bank
25
Norges Bank
Norway
$266M -$82.6M -565,070 -25%

AON Hedge Fund Activity: Q3 2018 in Review

625 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2018, worth a combined $31.9B — up 13% from $28.2B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of AON and 70 opened new positions — a net loss of 1 holder — while 250 trimmed existing stakes and 168 added.

The largest buyer was Capital World Investors, opening a new position worth an estimated $297M. The largest seller was Principal Financial Group, cutting an estimated $150M.

  • 625 institutional investors held Aon (AON) as of Q3 2018, down from 632 in Q2 2018.
  • Funds reported $31.9B of Aon stock for Q3 2018, up 13% quarter-over-quarter.
  • 70 funds opened new Aon positions in Q3 2018 and 71 closed out, a net change of -1 holder.
  • The largest Aon buyer in Q3 2018 was Capital World Investors, an estimated $297M added.
  • The largest Aon seller in Q3 2018 was Principal Financial Group, an estimated $150M sold.

Based on aggregated 13F filings for Q3 2018.