Mirae Asset Increases Aon Stake by 11.1% to $11.07M in Q3
Mirae Asset Global Investments boosted its Aon plc stake by 11.1% to 31,043 shares in Q3, now valued at $11.07 million, per its SEC 13F filing. Other institutions like BNY Mellon (+5.9% to 3.715 million shares) and Phoenix Financial (+98.6% to 6,243 shares) also raised holdings.
1. Institutional Investor Boosts Stake
Mirae Asset Global Investments Co. Ltd. increased its position in Aon plc during the third quarter, purchasing an additional 3,100 shares to reach a total holding of 31,043 shares—a rise of 11.1% from the prior quarter. As of the most recent 13F filing, Mirae Asset’s Aon stake carries an estimated value of $11.07 million. This upward move underscores the firm’s confidence in Aon’s risk and reinsurance brokerage franchise, which generated $2.7 billion in segment revenue during the quarter.
2. Major Funds Adjust Aon Allocations
Several other large institutions also reshaped their exposure to Aon in Q3. Bank of New York Mellon Corp. added 207,690 shares (+5.9%), lifting its stake to 3.72 million shares valued at roughly $1.32 billion. Phoenix Financial Ltd. nearly doubled its holding (+98.6%), acquiring 3,100 shares to reach 6,243 shares worth $2.23 million. Federated Hermes Inc. expanded by 48.5% (308 shares), and Vanguard Personalized Indexing Management LLC grew by 3.8% (1,009 shares). Institutional ownership now accounts for 86.14% of the company’s outstanding stock.
3. Q4 Financial Performance and Capital Return Plans
Aon’s fourth-quarter results, reported January 30, showed revenue of $4.30 billion—up 4% year-over-year—and adjusted EPS of $4.85, topping consensus by $0.10. Organic revenue rose 5% driven by double‐digit growth in insurance-linked securities and strong retention in commercial risk solutions. The firm generated $1.32 billion in free cash flow, a 16% increase, and paid down $1.9 billion of net debt in 2025. Aon declared a quarterly dividend of $0.745 per share, representing an annualized yield near 0.9%, and announced a $1 billion share repurchase program for the coming year.