Willis Towers Watson
749 hedge funds and large institutions have $30.9B invested in Willis Towers Watson in 2025 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 233 increasing their positions, 277 reducing their positions, and 81 closing their positions.
41% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 81
4.35% more ownership
Funds ownership: 93.97% → 98.32% (+4.4%)
3% more funds holding
Funds holding: 729 → 749 (+20)
2% less capital invested
Capital invested by funds: $31.6B → $30.9B (-$706M)
16% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 277
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
27% less call options, than puts
Call options by funds: $22.2M | Put options by funds: $30.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$1.08B |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$432M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$284M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$268M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$217M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$366M |
| 2 |
BlackRock
New York
|
-$260M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$153M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$138M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$92.7M |
WTW Hedge Fund Activity: Q4 2025 in Review
749 of the 8,265 institutional investors tracked by Wall St. Rank reported a position in Willis Towers Watson (WTW) for Q4 2025, worth a combined $30.9B — down 2.2% from $31.6B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new WTW positions and 81 closed out — a net gain of 33 holders — while 233 added to existing stakes and 277 trimmed.
The largest buyer was Dodge & Cox, adding an estimated $1.08B. The largest seller was Fidelity Investments, cutting an estimated $366M.
- 749 institutional investors held Willis Towers Watson (WTW) as of Q4 2025, up from 729 in Q3 2025.
- Funds reported $30.9B of Willis Towers Watson stock for Q4 2025, down 2.2% quarter-over-quarter.
- 114 funds opened new Willis Towers Watson positions in Q4 2025 and 81 closed out, a net change of +33 holders.
- The largest Willis Towers Watson buyer in Q4 2025 was Dodge & Cox, an estimated $1.08B added.
- The largest Willis Towers Watson seller in Q4 2025 was Fidelity Investments, an estimated $366M sold.
Based on aggregated 13F filings for Q4 2025.