Aon
689 hedge funds and large institutions have $29.8B invested in Aon in 2018 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 217 increasing their positions, 235 reducing their positions, and 56 closing their positions.
121% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 56
21% more funds holding in top 10
Funds holding in top 10: 24 → 29 (+5)
16% more call options, than puts
Call options by funds: $54.1M | Put options by funds: $46.7M
10% more funds holding
Funds holding: 626 → 689 (+63)
0.37% less ownership
Funds ownership: 85.38% → 85.01% (-0.37%)
8% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 235
7% less capital invested
Capital invested by funds: $31.9B → $29.8B (-$2.1B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$181M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$167M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$141M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$134M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Capital Management (New York)
New York
|
-$392M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$189M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$179M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$141M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$85.5M |
AON Hedge Fund Activity: Q4 2018 in Review
689 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q4 2018, worth a combined $29.8B — down 6.6% from $31.9B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new AON positions and 56 closed out — a net gain of 68 holders — while 217 added to existing stakes and 235 trimmed.
The largest buyer was BlackRock, adding an estimated $181M. The largest seller was Eagle Capital Management (New York), cutting an estimated $392M.
- 689 institutional investors held Aon (AON) as of Q4 2018, up from 626 in Q3 2018.
- Funds reported $29.8B of Aon stock for Q4 2018, down 6.6% quarter-over-quarter.
- 124 funds opened new Aon positions in Q4 2018 and 56 closed out, a net change of +68 holders.
- The largest Aon buyer in Q4 2018 was BlackRock, an estimated $181M added.
- The largest Aon seller in Q4 2018 was Eagle Capital Management (New York), an estimated $392M sold.
Based on aggregated 13F filings for Q4 2018.