Who owns AJG (AJG)
Which tracked institutional funds hold AJG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AJG company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on AJG is one-sided between 2025-Q4 and 2026-Q1: 154 added or opened and 527 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
AJG’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes AJG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in AJG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1239 tracked filers holding AJG, 580 increased or opened the position and 682 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in AJG between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 63
- VANGUARD CAPITAL MANAGEMENT LLC$3.6B
- VANGUARD PORTFOLIO MANAGEMENT LLC$2.7B
- EAGLE CAPITAL MANAGEMENT LLC$577M
- GTCR LLC$514M
- VANGUARD FIDUCIARY TRUST CO$314M
- BRANDES INVESTMENT PARTNERS, LP$152M
Full exits 80
- VANGUARD GROUP INC$8.1B
- Findlay Park Partners LLP$265M
- CCLA Investment Management$122M
- Global Retirement Partners, LLC$115M
- WESTFIELD CAPITAL MANAGEMENT CO LP$67M
- SANDS CAPITAL MANAGEMENT, LLC$63M
Largest adds
- DODGE & COX$1.4B
- FRANKLIN RESOURCES INC$322M
- Capital Research Global Investors$245M
- Artisan Partners Limited Partnership$139M
- Focus Partners Wealth$132M
- Connor, Clark & Lunn Investment Management Ltd.$64M
Largest trims
- BlackRock, Inc.$1.5B
- MORGAN STANLEY$1.1B
- Capital International Investors$1.1B
- JPMORGAN CHASE & CO$1.0B
- T. Rowe Price Investment Management, Inc.$774M
- FMR LLC$749M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| JPMORGAN CHASE & CO trimmed | 19,568,047 | $4.2B | 7.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 16,699,898 | $3.6B | 6.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 16,156,117 | $3.5B | 6.5% | 2026-Q1 |
| FMR LLC trimmed | 14,597,062 | $3.2B | 5.8% | 2026-Q1 |
| Capital World Investors added | 13,817,720 | $3.0B | 5.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 12,419,279 | $2.7B | 5.0% | 2026-Q1 |
| STATE STREET CORP added | 10,973,921 | $2.4B | 4.4% | 2026-Q1 |
| NORGES BANK trimmed | 4,708,379 | $1.6B | 3.0% | 2026-Q1 |
| DODGE & COX added | 7,354,915 | $1.6B | 2.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 6,243,640 | $1.4B | 2.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 4,056,175 | $878M | 1.6% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 3,242,088 | $702M | 1.3% | 2026-Q1 |
| Capital Research Global Investors added | 2,980,131 | $645M | 1.2% | 2026-Q1 |
| EAGLE CAPITAL MANAGEMENT LLC new | 2,665,572 | $577M | 1.1% | 2026-Q1 |
| Capital International Investors trimmed | 2,596,653 | $562M | 1.0% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,583,359 | $560M | 1.0% | 2026-Q1 |
| GTCR LLC new | 2,373,773 | $514M | 0.9% | 2026-Q1 |
| WCM INVESTMENT MANAGEMENT, LLC trimmed | 2,362,513 | $510M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 2,229,829 | $483M | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,109,463 | $457M | 0.8% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 1,970,990 | $427M | 0.8% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 1,954,100 | $423M | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,953,270 | $423M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,854,488 | $402M | 0.7% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,697,254 | $368M | 0.7% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 1,580,307 | $342M | 0.6% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,449,869 | $314M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,447,832 | $314M | 0.6% | 2026-Q1 |
| Focus Partners Wealth added | 1,379,397 | $299M | 0.6% | 2026-Q1 |
| Legal & General Group Plc added | 1,373,429 | $297M | 0.5% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. trimmed | 1,301,447 | $282M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,287,455 | $279M | 0.5% | 2026-Q1 |
| FIL Ltd trimmed | 1,209,624 | $262M | 0.5% | 2026-Q1 |
| BECK MACK & OLIVER LLC added | 1,062,566 | $230M | 0.4% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO added | 1,031,635 | $223M | 0.4% | 2026-Q1 |
| APG Asset Management N.V. trimmed | 1,177,502 | $221M | 0.4% | 2026-Q1 |
| UBS Group AG trimmed | 989,174 | $214M | 0.4% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. trimmed | 986,579 | $214M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 977,349 | $212M | 0.4% | 2026-Q1 |
| Amundi added | 939,835 | $204M | 0.4% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 781,086 | $202M | 0.4% | 2026-Q1 |
| Guinness Asset Management LTD added | 901,899 | $195M | 0.4% | 2026-Q1 |
| Artisan Partners Limited Partnership added | 884,899 | $192M | 0.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 853,192 | $185M | 0.3% | 2026-Q1 |
| Woodline Partners LP added | 840,676 | $182M | 0.3% | 2026-Q1 |
| Boston Partners trimmed | 808,257 | $175M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System added | 789,499 | $171M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 762,692 | $165M | 0.3% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 755,049 | $164M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 753,660 | $163M | 0.3% | 2026-Q1 |
| VIKING GLOBAL INVESTORS LP trimmed | 727,441 | $158M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 715,125 | $155M | 0.3% | 2026-Q1 |
| BRANDES INVESTMENT PARTNERS, LP new | 701,260 | $152M | 0.3% | 2026-Q1 |
| Stonehage Fleming Financial Services Holdings Ltd trimmed | 650,099 | $141M | 0.3% | 2026-Q1 |
| BLS CAPITAL FONDSMAEGLERSELSKAB A/S new | 647,008 | $140M | 0.3% | 2026-Q1 |
| Unisphere Establishment trimmed | 635,700 | $138M | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 634,333 | $137M | 0.3% | 2026-Q1 |
| COOKE & BIELER LP new | 622,633 | $135M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. added | 587,811 | $127M | 0.2% | 2026-Q1 |
| Mawer Investment Management Ltd. trimmed | 581,276 | $126M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 569,533 | $123M | 0.2% | 2026-Q1 |
| Fenimore Asset Management Inc added | 566,766 | $123M | 0.2% | 2026-Q1 |
| LORD, ABBETT & CO. LLC added | 553,552 | $120M | 0.2% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 531,235 | $113M | 0.2% | 2026-Q1 |
| Bank Julius Baer & Co. Ltd, Zurich trimmed | 508,446 | $110M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 499,941 | $108M | 0.2% | 2026-Q1 |
| National Pension Service trimmed | 498,276 | $108M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 495,544 | $107M | 0.2% | 2026-Q1 |
| CHILTON INVESTMENT CO INC. trimmed | 490,488 | $106M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 484,535 | $105M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 484,330 | $105M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 459,478 | $100M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 439,081 | $95M | 0.2% | 2026-Q1 |
| Bowie Capital Management, LLC added | 438,928 | $95M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 428,774 | $93M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 413,071 | $89M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 401,590 | $87M | 0.2% | 2026-Q1 |
| First Pacific Advisors, LP new | 387,687 | $84M | 0.2% | 2026-Q1 |
| CIBC Bancorp USA Inc. added | 634,451 | $81M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 369,074 | $80M | 0.1% | 2026-Q1 |
| NZS Capital, LLC added | 368,965 | $80M | 0.1% | 2026-Q1 |
| MILFORD FUNDS LTD trimmed | 358,577 | $78M | 0.1% | 2026-Q1 |
| TD Asset Management Inc trimmed | 354,367 | $77M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 346,680 | $75M | 0.1% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 340,763 | $74M | 0.1% | 2026-Q1 |
| REGIONS FINANCIAL CORP trimmed | 340,672 | $74M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 340,214 | $74M | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 329,019 | $71M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 322,634 | $70M | 0.1% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 322,329 | $70M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 295,088 | $64M | 0.1% | 2026-Q1 |
| Welch & Forbes LLC trimmed | 293,288 | $64M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 31,390,201 | $8.1B | 15.0% | 2025-Q4 stale |
| Findlay Park Partners LLP trimmed | 1,025,521 | $265M | 0.5% | 2025-Q4 stale |
| Winslow Capital Management, LLC added | 828,466 | $265M | 0.5% | 2025-Q2 stale |
| DSM CAPITAL PARTNERS LLC added | 395,566 | $137M | 0.3% | 2025-Q1 stale |
| CCLA Investment Management trimmed | 470,291 | $122M | 0.2% | 2025-Q4 stale |
| Global Retirement Partners, LLC trimmed | 445,401 | $115M | 0.2% | 2025-Q4 stale |
| WESTFIELD CAPITAL MANAGEMENT CO LP trimmed | 259,491 | $67M | 0.1% | 2025-Q4 stale |
| Burkehill Global Management, LP trimmed | 185,000 | $64M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.