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1,041 hedge funds and large institutions have $56.3B invested in Aon in 2023 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 360 increasing their positions, 377 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 65

3% more funds holding in top 10

Funds holding in top 10: 3637 (+1)

2% more funds holding

Funds holding: 1,0171,041 (+24)

5% less repeat investments, than reductions

Existing positions increased: 360 | Existing positions reduced: 377

1% less ownership

Funds ownership: 86.63%85.62% (-1%)

8% less capital invested

Capital invested by funds: $61B → $56.3B (-$4.67B)

27% less call options, than puts

Call options by funds: $178M | Put options by funds: $245M

Holders
1,041
Holders Change
+24
Holders Change %
+2.36%
% of All Funds
16.52%
Holding in Top 10
37
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+2.78%
% of All Funds
0.59%
New
100
Increased
360
Reduced
377
Closed
65
Calls
$178M
Puts
$245M
Net Calls
-$66.3M
Net Calls Change
+$31.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.69B -$6.5M -19,632 -0.1%
Massachusetts Financial Services
2
Massachusetts Financial Services
Massachusetts
$4.41B -$529M -1,597,957 -11%
BlackRock
3
BlackRock
New York
$4.26B -$206M -621,677 -5%
Capital World Investors
4
Capital World Investors
California
$3.17B +$60.1M +181,740 +2%
State Street
5
State Street
Massachusetts
$2.61B -$103M -309,837 -4%
Morgan Stanley
6
Morgan Stanley
New York
$1.87B -$27.6M -83,472 -1%
Capital International Investors
7
Capital International Investors
California
$1.78B -$42.9M -129,789 -2%
WCM Investment Management
8
WCM Investment Management
California
$1.59B -$39.5M -119,390 -2%
Mawer Investment Management
9
Mawer Investment Management
Alberta, Canada
$1.46B -$30.7M -92,729 -2%
Lazard Asset Management
10
Lazard Asset Management
New York
$1.45B +$16.6M +50,290 +1%
Berkshire Hathaway
11
Berkshire Hathaway
Nebraska
$1.33B -$77.8M -235,000 -5%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.21B -$129M -391,002 -9%
SGA
13
Sustainable Growth Advisers
Connecticut
$799M -$27M -81,520 -3%
Northern Trust
14
Northern Trust
Illinois
$728M +$6.12M +18,500 +0.8%
GQG Partners
15
GQG Partners
Florida
$711M -$14.3M -43,089 -2%
Bank of America
16
Bank of America
North Carolina
$694M -$3.36M -10,149 -0.5%
Neuberger Berman Group
17
Neuberger Berman Group
New York
$690M -$84.4M -255,142 -11%
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$686M -$18.8M -56,852 -3%
IFP
19
Independent Franchise Partners
United Kingdom
$657M -$4.58M -13,846 -0.7%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$606M -$34.8M -105,275 -5%
LP
21
Longview Partners
Guernsey
$594M +$1.85M +5,601 +0.3%
Eagle Capital Management (New York)
22
Eagle Capital Management (New York)
New York
$564M -$22M -66,420 -4%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$494M +$18.4M +55,703 +4%
Legal & General Group
24
Legal & General Group
United Kingdom
$452M -$16.8M -50,854 -4%
Artisan Partners
25
Artisan Partners
Wisconsin
$425M +$2.35M +7,093 +0.5%

AON Hedge Fund Activity: Q3 2023 in Review

1,041 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Aon (AON) for Q3 2023, worth a combined $56.3B — down 7.6% from $61B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new AON positions and 65 closed out — a net gain of 35 holders — while 360 added to existing stakes and 377 trimmed.

The largest buyer was Fiera Capital (Canada), adding an estimated $174M. The largest seller was Massachusetts Financial Services, cutting an estimated $529M.

  • 1,041 institutional investors held Aon (AON) as of Q3 2023, up from 1,017 in Q2 2023.
  • Funds reported $56.3B of Aon stock for Q3 2023, down 7.6% quarter-over-quarter.
  • 100 funds opened new Aon positions in Q3 2023 and 65 closed out, a net change of +35 holders.
  • The largest Aon buyer in Q3 2023 was Fiera Capital (Canada), an estimated $174M added.
  • The largest Aon seller in Q3 2023 was Massachusetts Financial Services, an estimated $529M sold.

Based on aggregated 13F filings for Q3 2023.