Aon
803 hedge funds and large institutions have $45.5B invested in Aon in 2020 Q3 according to their latest regulatory filings, with 120 funds opening new positions, 289 increasing their positions, 258 reducing their positions, and 65 closing their positions.
85% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 65
56% more call options, than puts
Call options by funds: $238M | Put options by funds: $152M
12% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 258
11% more capital invested
Capital invested by funds: $41.1B → $45.5B (+$4.35B)
7% more funds holding
Funds holding: 752 → 803 (+51)
2.72% more ownership
Funds ownership: 92.47% → 95.2% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 36 → 36 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$869M |
| 2 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$537M |
| 3 |
BWA
Brave Warrior Advisors
New York
|
+$264M |
| 4 |
Eagle Capital Management (New York)
New York
|
+$246M |
| 5 |
MG
Meritage Group
San Francisco,
California
|
+$169M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$312M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$278M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$264M |
| 4 |
State Street
Boston,
Massachusetts
|
-$257M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$218M |
AON Hedge Fund Activity: Q3 2020 in Review
803 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2020, worth a combined $45.5B — up 11% from $41.1B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new AON positions and 65 closed out — a net gain of 55 holders — while 289 added to existing stakes and 258 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $869M. The largest seller was Goldman Sachs, cutting an estimated $312M.
- 803 institutional investors held Aon (AON) as of Q3 2020, up from 752 in Q2 2020.
- Funds reported $45.5B of Aon stock for Q3 2020, up 11% quarter-over-quarter.
- 120 funds opened new Aon positions in Q3 2020 and 65 closed out, a net change of +55 holders.
- The largest Aon buyer in Q3 2020 was WCM Investment Management, an estimated $869M added.
- The largest Aon seller in Q3 2020 was Goldman Sachs, an estimated $312M sold.
Based on aggregated 13F filings for Q3 2020.