Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Aon plc (AON)

1K + Investors. Track Smart Money conviction in AON. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -18
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — AON

Based on 1257 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their AON positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
1,257 hedge funds hold AON right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding AON is almost the same as a year ago (+4 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

639 buying580 selling
Last quarter: 639 funds bought or added vs 580 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 112 → 131 → 164 → 148. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 18% medium ■ 16% new
827 out of 1,257 hedge funds have held AON for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

175 → 112 → 131 → 164 → 148 new funds/Q
New funds entering each quarter: 112 → 131 → 164 → 148. A growing number of institutions are discovering AON each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 68% veterans vs 20% newcomers

■ 68% veterans ■ 11% 1-2yr ■ 20% new
Entry-cohort mix of 1,282 holders: 877 (68%) are 2+ year veterans, 146 entered 1–2 years ago, and 259 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
64 of 1250 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in AON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AON

In 2026 Q1, 639 hedge funds were net buyers of AON (148 opened a new position, 491 added to an existing one), while 580 reduced or exited (414 trimmed, 166 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 48% of total institutional value in AON is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -18 funds (more exits than new entries). Total institutional holders: 1257.

Hedge Fund Ownership: AON

How many hedge funds hold AON — quarterly history vs. share price
Quarterly hedge fund ownership of AON vs. share price

Market Analysis: AON

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AON

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Aon plc (AON) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AON has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
AON
+2.7%
XLF
+9.5%

AON outperformed XLF by -6.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
AON
+4.5%
XLF
+5.8%

Since the filing became public, AON outperformed XLF by -1.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

55 top-rated funds 10 high-conviction
Consensus
7.6
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: AON
1K + Investors

Track Smart Money conviction in AON. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1245 1275 -2.35%
13F Shares 182M 190M -4.16%
Total Value $57.19B $66.35B -13.81%
New Positions 142 164 -22
Increased Positions 481 410 +71
Closed Positions 172 124 +48
Reduced Positions 404 472 -68
Total Calls 12 12 -
Total Puts 17 12 41.67%
PUT/CALL Ratio 1.42 1.0 Bearish

Statistics: AON

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AON. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AON holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LFL Advisers, LLC 12.30% 126,666 $40.9M
2 Veritas Asset Management LLP 8.31% 1,520,277 $490.7M
3 Meritage Group LP 8.28% 680,169 $219.5M
4 Saraza Management, LP 7.75% 57,325 $18.5M
5 Fiducient Advisors LLC 7.73% 183,310 $59.2M
6 Altrinsic Global Advisors LLC 7.64% 660,724 $213.3M
7 GFI Investment Counsel Ltd. 6.95% 157,437 $50.8M
8 Cryder Capital Partners LLP 6.78% 321,689 $103.8M
9 BloombergSen Inc. 6.24% 254,006 $82.0M
10 Obion Capital Management LP 6.07% 19,079 $6.2M
11 Independent Franchise Partners LLP 5.85% 2,588,002 $835.4M
12 Broad Run Investment Management, LLC 5.75% 101,157 $32.7M
13 Petrus Trust Company, LTA 5.41% 153,300 $49.5M
14 Onex Canada Asset Management Inc. 4.97% 92,519 $29.9M
15 Weitz Investment Management, INC. 4.82% 213,860 $69.0M
16 Dudley & Shanley, INC. 4.69% 88,782 $28.7M
17 Farallon Capital Management LLC 4.62% 2,512,638 $811.0M
18 Longview Partners (Guernsey) LTD 4.46% 976,263 $315.1M
19 Comgest Global Investors S.A.S. 4.42% 628,700 $202.9M
20 Ycg, LLC 4.30% 147,010 $47.5M
21 Night Owl Capital Management, LLC 4.12% 109,488 $35.3M
22 Bowie Capital Management, LLC 3.84% 322,167 $104.0M
23 Ironvine Capital Partners, LLC 3.82% 107,688 $34.8M
24 Borer Denton & Associates, Inc. 3.79% 32,886 $10.6M
25 Hyperion Capital Advisors LP 3.57% 23,001 $7.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Aon plc (AON)

What does the Smart Money Trend signal show for AON?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AON positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AON?

Slight buying edge — 52% buying: Last quarter: 639 funds bought or added vs 580 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AON holders?

Elite ownership — 48% AUM from top-100 funds: 64 of 1250 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in AON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AON?

66% of holders stayed for 2+ years: 827 out of 1,257 hedge funds have held AON for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Aon plc (AON) following the 2026 Q1 hedge fund 13F filings?

As of today, AON has moved +4.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -1.3%. Since the quarter end (March 31, 2026), AON has gained +2.7% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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