Willis Towers Watson
WTW
717 hedge funds and large institutions have $27.2B invested in Willis Towers Watson in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 237 increasing their positions, 280 reducing their positions, and 111 closing their positions.
49% more call options, than puts
Call options by funds: $32.2M | Put options by funds: $21.6M
2.82% less ownership
Funds ownership: 98.32% → 95.5% (-2.8%)
4% less funds holding
Funds holding: 746 → 717 (-29)
12% less capital invested
Capital invested by funds: $30.9B → $27.2B (-$3.78B)
14% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 111
15% less repeat investments, than reductions
Existing positions increased: 237 | Existing positions reduced: 280
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$170M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$125M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$124M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$109M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$868M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$162M |
| 3 |
BG
Baupost Group
Boston,
Massachusetts
|
-$143M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$113M |
| 5 |
ACP
Atalan Capital Partners
New York
|
-$110M |
WTW Hedge Fund Activity: Q1 2026 in Review
717 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Willis Towers Watson (WTW) for Q1 2026, worth a combined $27.2B — down 12% from $30.9B a quarter earlier.
Sellers outnumbered buyers: 111 funds closed out of WTW and 96 opened new positions — a net loss of 15 holders — while 280 trimmed existing stakes and 237 added.
The largest buyer was Citadel Advisors, adding an estimated $170M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $868M.
- 717 institutional investors held Willis Towers Watson (WTW) as of Q1 2026, down from 746 in Q4 2025.
- Funds reported $27.2B of Willis Towers Watson stock for Q1 2026, down 12% quarter-over-quarter.
- 96 funds opened new Willis Towers Watson positions in Q1 2026 and 111 closed out, a net change of -15 holders.
- The largest Willis Towers Watson buyer in Q1 2026 was Citadel Advisors, an estimated $170M added.
- The largest Willis Towers Watson seller in Q1 2026 was T. Rowe Price Investment Management, an estimated $868M sold.
Based on aggregated 13F filings for Q1 2026.