Willis Towers Watson
720 hedge funds and large institutions have $28.5B invested in Willis Towers Watson in 2025 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 246 increasing their positions, 275 reducing their positions, and 106 closing their positions.
363% more call options, than puts
Call options by funds: $117M | Put options by funds: $25.3M
1.34% more ownership
Funds ownership: 93.71% → 95.05% (+1.3%)
5% less funds holding
Funds holding: 757 → 720 (-37)
10% less capital invested
Capital invested by funds: $31.6B → $28.5B (-$3.04B)
11% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 275
21% less funds holding in top 10
Funds holding in top 10: 19 → 15 (-4)
27% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$396M |
| 2 |
SC
Soundwatch Capital
Rowayton,
Connecticut
|
+$276M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$259M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$143M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$304M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$131M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$89.9M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$76.8M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$73M |
WTW Hedge Fund Activity: Q2 2025 in Review
720 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Willis Towers Watson (WTW) for Q2 2025, worth a combined $28.5B — down 9.6% from $31.6B a quarter earlier.
Sellers outnumbered buyers: 106 funds closed out of WTW and 77 opened new positions — a net loss of 29 holders — while 275 trimmed existing stakes and 246 added.
The largest buyer was Dodge & Cox, opening a new position worth an estimated $396M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $304M.
- 720 institutional investors held Willis Towers Watson (WTW) as of Q2 2025, down from 757 in Q1 2025.
- Funds reported $28.5B of Willis Towers Watson stock for Q2 2025, down 9.6% quarter-over-quarter.
- 77 funds opened new Willis Towers Watson positions in Q2 2025 and 106 closed out, a net change of -29 holders.
- The largest Willis Towers Watson buyer in Q2 2025 was Dodge & Cox, an estimated $396M added.
- The largest Willis Towers Watson seller in Q2 2025 was T. Rowe Price Investment Management, an estimated $304M sold.
Based on aggregated 13F filings for Q2 2025.